BorgWarner (NYSE:BWA) EVP Sells $1,041,280.00 in Stock

BorgWarner Inc. (NYSE:BWA) EVP Tonit Calaway sold 16,000 shares of BorgWarner stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $65.08, for a total transaction of $1,041,280.00. Following the completion of the sale, the executive vice president owned 240,251 shares of the company’s stock, valued at $15,635,535.08. This trade represents a 6.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

BorgWarner Stock Performance

Shares of NYSE BWA traded down $0.42 during mid-day trading on Tuesday, hitting $62.38. The company had a trading volume of 2,604,007 shares, compared to its average volume of 2,981,248. BorgWarner Inc. has a 12 month low of $24.40 and a 12 month high of $70.08. The firm has a market cap of $12.92 billion, a P/E ratio of 49.83, a PEG ratio of 1.24 and a beta of 1.09. The business’s 50-day simple moving average is $48.54 and its 200-day simple moving average is $44.89. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.07 and a quick ratio of 1.70.

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

BorgWarner Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be paid a $0.17 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $0.68 annualized dividend and a yield of 1.1%. BorgWarner’s dividend payout ratio is presently 54.40%.

Institutional Investors Weigh In On BorgWarner

A number of hedge funds have recently made changes to their positions in BWA. Caitong International Asset Management Co. Ltd increased its holdings in BorgWarner by 1,133.3% during the second quarter. Caitong International Asset Management Co. Ltd now owns 777 shares of the auto parts company’s stock worth $26,000 after buying an additional 714 shares during the last quarter. Assetmark Inc. increased its stake in shares of BorgWarner by 81.8% during the 2nd quarter. Assetmark Inc. now owns 809 shares of the auto parts company’s stock worth $27,000 after purchasing an additional 364 shares during the last quarter. Addison Advisors LLC raised its holdings in shares of BorgWarner by 1,647.8% in 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 in the third quarter valued at approximately $27,000. Finally, Twin Peaks Wealth Advisors LLC bought a new position in BorgWarner during the second quarter valued at $32,000. 95.67% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages recently commented on BWA. TD Cowen restated a “hold” rating on shares of BorgWarner in a report on Thursday, February 12th. Morgan Stanley set a $60.00 target price on BorgWarner in a research report on Thursday, February 12th. Evercore reiterated an “outperform” rating and set a $75.00 price target on shares of BorgWarner in a report on Tuesday. The Goldman Sachs Group upped their price objective on shares of BorgWarner from $54.00 to $78.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. Finally, Robert W. Baird set a $76.00 target price on BorgWarner in a report on Thursday, February 12th. Eight equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, BorgWarner presently has a consensus rating of “Moderate Buy” and an average price target of $58.71.

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.