BorgWarner Inc. $BWA Shares Sold by Gamco Investors INC. ET AL

Gamco Investors INC. ET AL decreased its stake in BorgWarner Inc. (NYSE:BWAFree Report) by 5.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 324,900 shares of the auto parts company’s stock after selling 19,500 shares during the quarter. Gamco Investors INC. ET AL’s holdings in BorgWarner were worth $14,640,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Root Financial Partners LLC acquired a new stake in shares of BorgWarner in the third quarter valued at about $27,000. Sound Income Strategies LLC grew its position in shares of BorgWarner by 9,888.9% in the fourth quarter. Sound Income Strategies LLC now owns 899 shares of the auto parts company’s stock valued at $42,000 after purchasing an additional 890 shares during the period. Torren Management LLC acquired a new stake in shares of BorgWarner in the fourth quarter valued at about $48,000. Olistico Wealth LLC acquired a new stake in shares of BorgWarner in the fourth quarter valued at about $50,000. Finally, Hantz Financial Services Inc. grew its position in shares of BorgWarner by 32.7% in the third quarter. Hantz Financial Services Inc. now owns 1,470 shares of the auto parts company’s stock valued at $65,000 after purchasing an additional 362 shares during the period. Institutional investors and hedge funds own 95.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on BWA shares. Weiss Ratings reissued a “hold (c)” rating on shares of BorgWarner in a research note on Monday, April 20th. Robert W. Baird set a $76.00 price target on shares of BorgWarner in a research note on Thursday, February 12th. Evercore reissued an “outperform” rating and issued a $75.00 price target on shares of BorgWarner in a research note on Tuesday, February 17th. UBS Group raised their price target on shares of BorgWarner from $56.00 to $61.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. Finally, Wolfe Research raised shares of BorgWarner from a “peer perform” rating to an “outperform” rating and set a $68.00 price target on the stock in a research note on Wednesday, March 25th. Seven investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, BorgWarner has a consensus rating of “Moderate Buy” and a consensus target price of $67.64.

Check Out Our Latest Research Report on BWA

Insider Activity at BorgWarner

In other BorgWarner news, VP Stefan Demmerle sold 20,000 shares of BorgWarner stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $59.26, for a total transaction of $1,185,200.00. Following the transaction, the vice president directly owned 213,746 shares of the company’s stock, valued at $12,666,587.96. The trade was a 8.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Paul Arthur Farrell sold 12,012 shares of BorgWarner stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $52.31, for a total transaction of $628,347.72. Following the transaction, the executive vice president directly owned 38,238 shares in the company, valued at $2,000,229.78. This trade represents a 23.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 108,216 shares of company stock valued at $6,552,706 over the last ninety days. Corporate insiders own 0.76% of the company’s stock.

BorgWarner Stock Performance

NYSE:BWA opened at $61.81 on Tuesday. The company has a current ratio of 2.13, a quick ratio of 1.75 and a debt-to-equity ratio of 0.69. The company’s 50-day moving average price is $55.53 and its 200-day moving average price is $50.85. BorgWarner Inc. has a twelve month low of $31.83 and a twelve month high of $70.31. The company has a market cap of $12.68 billion, a P/E ratio of 36.57, a P/E/G ratio of 1.22 and a beta of 1.00.

BorgWarner (NYSE:BWAGet Free Report) last issued its earnings results on Wednesday, May 6th. The auto parts company reported $1.24 EPS for the quarter, topping analysts’ consensus estimates of $1.16 by $0.08. BorgWarner had a net margin of 2.53% and a return on equity of 18.36%. The company had revenue of $3.53 billion for the quarter, compared to the consensus estimate of $3.50 billion. During the same period in the previous year, the firm earned $1.11 earnings per share. BorgWarner’s quarterly revenue was up .5% compared to the same quarter last year. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. On average, sell-side analysts forecast that BorgWarner Inc. will post 5.16 earnings per share for the current fiscal year.

BorgWarner Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be paid a dividend of $0.17 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $0.68 dividend on an annualized basis and a yield of 1.1%. BorgWarner’s payout ratio is 40.24%.

BorgWarner Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding BWA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BorgWarner Inc. (NYSE:BWAFree Report).

Institutional Ownership by Quarter for BorgWarner (NYSE:BWA)

Receive News & Ratings for BorgWarner Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BorgWarner and related companies with MarketBeat.com's FREE daily email newsletter.