BorgWarner Inc. $BWA Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. decreased its position in shares of BorgWarner Inc. (NYSE:BWA) by 43.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 659,646 shares of the auto parts company’s stock after selling 498,302 shares during the period. JPMorgan Chase & Co. owned 0.31% of BorgWarner worth $28,998,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Assetmark Inc. grew its position in shares of BorgWarner by 81.8% during the second quarter. Assetmark Inc. now owns 809 shares of the auto parts company’s stock worth $27,000 after acquiring an additional 364 shares during the last quarter. Addison Advisors LLC boosted its stake in BorgWarner by 1,647.8% during the 2nd quarter. Addison Advisors LLC now owns 804 shares of the auto parts company’s stock worth $27,000 after purchasing an additional 758 shares during the period. Root Financial Partners LLC purchased a new position in BorgWarner during the 3rd quarter worth $27,000. Twin Peaks Wealth Advisors LLC acquired a new position in BorgWarner in the second quarter valued at $32,000. Finally, Hantz Financial Services Inc. raised its holdings in shares of BorgWarner by 111.9% in the second quarter. Hantz Financial Services Inc. now owns 1,108 shares of the auto parts company’s stock valued at $37,000 after buying an additional 585 shares during the last quarter. Hedge funds and other institutional investors own 95.67% of the company’s stock.

Insider Buying and Selling at BorgWarner

In other BorgWarner news, VP Isabelle Mckenzie sold 2,458 shares of BorgWarner stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $61.54, for a total transaction of $151,265.32. Following the completion of the transaction, the vice president owned 66,351 shares in the company, valued at approximately $4,083,240.54. The trade was a 3.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Tonit M. Calaway sold 9,725 shares of the company’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $62.61, for a total transaction of $608,882.25. Following the completion of the sale, the executive vice president directly owned 230,526 shares in the company, valued at $14,433,232.86. This trade represents a 4.05% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 49,550 shares of company stock valued at $3,156,141. Insiders own 0.45% of the company’s stock.

BorgWarner Stock Down 0.6%

Shares of NYSE BWA opened at $57.54 on Friday. The stock has a market capitalization of $11.91 billion, a price-to-earnings ratio of 46.03, a price-to-earnings-growth ratio of 1.16 and a beta of 1.09. BorgWarner Inc. has a 52 week low of $24.40 and a 52 week high of $70.08. The firm has a 50-day moving average price of $51.26 and a 200 day moving average price of $46.18. The company has a quick ratio of 1.70, a current ratio of 2.07 and a debt-to-equity ratio of 0.69.

BorgWarner (NYSE:BWA) last issued its earnings results on Wednesday, February 11th. The auto parts company reported $1.35 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.19. BorgWarner had a net margin of 1.93% and a return on equity of 17.89%. The company had revenue of $3.57 billion for the quarter, compared to analyst estimates of $3.49 billion. During the same period in the prior year, the business posted $1.01 earnings per share. The firm’s revenue for the quarter was up 3.9% compared to the same quarter last year. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. Equities research analysts anticipate that BorgWarner Inc. will post 4.28 EPS for the current fiscal year.

BorgWarner Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Monday, March 2nd. BorgWarner’s payout ratio is presently 54.40%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on BWA shares. UBS Group lowered BorgWarner from a “neutral” rating to a “sell” rating and raised their price target for the stock from $49.00 to $55.00 in a report on Friday, February 20th. JPMorgan Chase & Co. lifted their target price on BorgWarner from $56.00 to $76.00 and gave the company an “overweight” rating in a research note on Thursday, February 12th. Piper Sandler restated a “neutral” rating and set a $51.00 price target (down from $52.00) on shares of BorgWarner in a research note on Thursday, January 8th. Evercore reiterated an “outperform” rating and issued a $75.00 price objective on shares of BorgWarner in a research report on Tuesday, February 17th. Finally, Wells Fargo & Company boosted their price objective on shares of BorgWarner from $52.00 to $75.00 and gave the company an “overweight” rating in a research note on Thursday, February 12th. Eight investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $59.14.

About BorgWarner

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.