Elevation Point Wealth Partners LLC Acquires Shares of 9,212 BorgWarner Inc. $BWA

Elevation Point Wealth Partners LLC acquired a new stake in BorgWarner Inc. (NYSE:BWA) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 9,212 shares of the auto parts company’s stock, valued at approximately $612,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Clearstead Trust LLC acquired a new position in shares of BorgWarner during the 2nd quarter worth approximately $28,000. Prosperity Bancshares Inc acquired a new stake in BorgWarner during the 4th quarter valued at $37,000. Ceredex Value Advisors LLC acquired a new stake in BorgWarner during the 2nd quarter valued at $40,000. Torren Management LLC bought a new position in BorgWarner during the fourth quarter worth $48,000. Finally, Cedar Mountain Advisors LLC bought a new position in BorgWarner during the first quarter worth $55,000. 95.67% of the stock is currently owned by institutional investors.

BorgWarner Trading Down 5.1%

Shares of BorgWarner stock opened at $64.33 on Tuesday. The company has a market capitalization of $13.10 billion, a price-to-earnings ratio of 32.16, a PEG ratio of 1.22 and a beta of 1.10. The company has a quick ratio of 1.76, a current ratio of 2.13 and a debt-to-equity ratio of 0.67. BorgWarner Inc. has a 12-month low of $40.50 and a 12-month high of $78.82. The firm’s 50-day moving average price is $66.16 and its two-hundred day moving average price is $61.77.

BorgWarner (NYSE:BWA) last issued its earnings results on Wednesday, August 5th. The auto parts company reported $1.42 EPS for the quarter, beating the consensus estimate of $1.28 by $0.14. BorgWarner had a net margin of 2.89% and a return on equity of 19.10%. The company had revenue of $3.65 billion during the quarter, compared to analysts’ expectations of $3.58 billion. During the same period in the previous year, the company earned $1.21 EPS. The business’s revenue for the quarter was up .3% compared to the same quarter last year. BorgWarner has set its FY 2026 guidance at 5.050-5.300 EPS. On average, analysts forecast that BorgWarner Inc. will post 5.19 earnings per share for the current fiscal year.

BorgWarner Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 1.1%. The ex-dividend date is Tuesday, September 1st. BorgWarner’s payout ratio is currently 34.00%.

BorgWarner declared that its Board of Directors has approved a stock buyback program on Wednesday, August 5th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the auto parts company to reacquire up to 7.7% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s management believes its shares are undervalued.

Analyst Ratings Changes

Several brokerages have recently weighed in on BWA. Wall Street Zen raised shares of BorgWarner from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. TD Cowen upped their price target on shares of BorgWarner from $67.00 to $68.00 and gave the company a “hold” rating in a research note on Thursday, August 6th. UBS Group raised shares of BorgWarner from a “neutral” rating to a “buy” rating and increased their price target for the company from $61.00 to $95.00 in a report on Wednesday, June 10th. Wells Fargo & Company raised their price objective on shares of BorgWarner from $68.00 to $83.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 2nd. Finally, JPMorgan Chase & Co. increased their price objective on BorgWarner from $75.00 to $85.00 and gave the stock an “overweight” rating in a research report on Monday, August 10th. Nine equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $75.93.

Insider Buying and Selling at BorgWarner

In other BorgWarner news, Director Rajesh Kalathur purchased 7,407 shares of the firm’s stock in a transaction dated Wednesday, August 19th. The shares were bought at an average price of $67.59 per share, for a total transaction of $500,639.13. Following the purchase, the director owned 7,407 shares in the company, valued at approximately $500,639.13. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Amy B. Kulikowski sold 2,900 shares of the business’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $68.60, for a total value of $198,940.00. Following the transaction, the chief accounting officer directly owned 9,725 shares of the company’s stock, valued at $667,135. This trade represents a 22.97% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.76% of the stock is owned by corporate insiders.

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.