Quantinno Capital Management LP grew its position in BorgWarner Inc. (NYSE:BWA – Free Report) by 4.1% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 381,449 shares of the auto parts company’s stock after acquiring an additional 14,957 shares during the period. Quantinno Capital Management LP owned about 0.19% of BorgWarner worth $20,697,000 at the end of the most recent quarter.
Several other hedge funds have also modified their holdings of BWA. Inspire Investing LLC lifted its holdings in BorgWarner by 2.8% during the fourth quarter. Inspire Investing LLC now owns 7,223 shares of the auto parts company’s stock valued at $325,000 after purchasing an additional 195 shares in the last quarter. Lazard Asset Management LLC increased its stake in shares of BorgWarner by 1.0% during the fourth quarter. Lazard Asset Management LLC now owns 21,719 shares of the auto parts company’s stock worth $979,000 after purchasing an additional 206 shares in the last quarter. Arjuna Capital increased its stake in shares of BorgWarner by 0.6% during the fourth quarter. Arjuna Capital now owns 34,932 shares of the auto parts company’s stock worth $1,574,000 after purchasing an additional 215 shares in the last quarter. Fifth Third Wealth Advisors LLC raised its position in shares of BorgWarner by 3.2% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 7,064 shares of the auto parts company’s stock worth $383,000 after purchasing an additional 216 shares during the last quarter. Finally, Quadrant Capital Group LLC lifted its stake in BorgWarner by 0.7% in the 4th quarter. Quadrant Capital Group LLC now owns 34,538 shares of the auto parts company’s stock valued at $1,556,000 after buying an additional 246 shares in the last quarter. 95.67% of the stock is owned by hedge funds and other institutional investors.
Insider Activity
In other news, VP Isabelle Mckenzie sold 3,500 shares of the company’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $63.35, for a total value of $221,725.00. Following the completion of the transaction, the vice president owned 57,828 shares in the company, valued at approximately $3,663,403.80. This represents a 5.71% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Stefan Demmerle sold 20,000 shares of BorgWarner stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $59.26, for a total value of $1,185,200.00. Following the sale, the vice president owned 213,746 shares in the company, valued at $12,666,587.96. This trade represents a 8.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 67,500 shares of company stock worth $4,310,115. Insiders own 0.76% of the company’s stock.
BorgWarner Price Performance
BorgWarner (NYSE:BWA – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The auto parts company reported $1.24 earnings per share for the quarter, topping analysts’ consensus estimates of $1.16 by $0.08. The firm had revenue of $3.53 billion during the quarter, compared to analysts’ expectations of $3.50 billion. BorgWarner had a net margin of 2.53% and a return on equity of 18.36%. The firm’s quarterly revenue was up .5% on a year-over-year basis. During the same quarter last year, the company posted $1.11 EPS. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. Equities analysts expect that BorgWarner Inc. will post 5.16 EPS for the current year.
BorgWarner Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be paid a $0.17 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $0.68 dividend on an annualized basis and a yield of 1.1%. BorgWarner’s payout ratio is currently 40.24%.
Analyst Ratings Changes
A number of brokerages have recently issued reports on BWA. Deutsche Bank Aktiengesellschaft set a $81.00 price target on BorgWarner in a research note on Tuesday, April 21st. Wolfe Research restated an “outperform” rating and issued a $95.00 price objective on shares of BorgWarner in a report on Wednesday, June 3rd. Morgan Stanley lifted their target price on shares of BorgWarner from $60.00 to $67.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 27th. Wall Street Zen raised shares of BorgWarner from a “hold” rating to a “buy” rating in a report on Saturday, June 27th. Finally, JPMorgan Chase & Co. increased their target price on shares of BorgWarner from $73.00 to $75.00 and gave the company an “overweight” rating in a research report on Thursday, May 14th. Nine equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, BorgWarner currently has a consensus rating of “Moderate Buy” and a consensus price target of $74.57.
View Our Latest Report on BorgWarner
BorgWarner Company Profile
BorgWarner Inc is a global automotive supplier specializing in propulsion and drivetrain solutions for combustion, hybrid and electric vehicles. The company’s product portfolio includes turbochargers, thermal management systems, transmission components, e-Propulsion modules and advanced fuel-efficiency technologies. BorgWarner serves original equipment manufacturers (OEMs) across passenger cars, light trucks and commercial vehicles, supporting both legacy internal-combustion engines and emerging electrification trends.
Founded in 1928 through the merger of several driveline companies, BorgWarner has grown through strategic acquisitions and continuous investment in research and development.
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