Mitsubishi UFJ Asset Management Co. Ltd. Buys New Shares in BorgWarner Inc. $BWA

Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of BorgWarner Inc. (NYSE:BWA) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 8,193 shares of the auto parts company’s stock, valued at approximately $544,000.

A number of other large investors have also bought and sold shares of BWA. Sivia Capital Partners LLC bought a new position in BorgWarner in the second quarter worth approximately $339,000. Louisiana State Employees Retirement System purchased a new position in BorgWarner during the first quarter worth about $3,256,000. Northwestern Mutual Investment Management Company LLC purchased a new position in BorgWarner in the fourth quarter worth $2,157,000. Securian Asset Management Inc. bought a new position in BorgWarner during the fourth quarter valued at about $702,000. Finally, Bessemer Group Inc. grew its position in shares of BorgWarner by 5,773.0% during the 4th quarter. Bessemer Group Inc. now owns 201,386 shares of the auto parts company’s stock valued at $9,074,000 after acquiring an additional 197,957 shares during the period. 95.67% of the stock is currently owned by institutional investors and hedge funds.

BorgWarner Stock Performance

NYSE:BWA opened at $67.74 on Friday. BorgWarner Inc. has a twelve month low of $40.50 and a twelve month high of $78.82. The company has a quick ratio of 1.76, a current ratio of 2.13 and a debt-to-equity ratio of 0.67. The firm’s fifty day simple moving average is $66.34 and its 200 day simple moving average is $61.56. The stock has a market cap of $13.80 billion, a P/E ratio of 33.87, a price-to-earnings-growth ratio of 1.22 and a beta of 1.10.

BorgWarner (NYSE:BWA) last released its quarterly earnings results on Wednesday, August 5th. The auto parts company reported $1.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $3.58 billion. During the same period in the prior year, the firm earned $1.21 earnings per share. BorgWarner’s revenue was up .3% on a year-over-year basis. BorgWarner has set its FY 2026 guidance at 5.050-5.300 EPS. As a group, research analysts predict that BorgWarner Inc. will post 5.19 EPS for the current year.

BorgWarner Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be given a $0.17 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.0%. BorgWarner’s dividend payout ratio is currently 34.00%.

BorgWarner declared that its board has initiated a stock buyback plan on Wednesday, August 5th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the auto parts company to reacquire up to 7.7% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board believes its shares are undervalued.

Analyst Ratings Changes

Several research firms have recently weighed in on BWA. JPMorgan Chase & Co. increased their price target on BorgWarner from $75.00 to $85.00 and gave the stock an “overweight” rating in a research note on Monday, August 10th. UBS Group upgraded shares of BorgWarner from a “neutral” rating to a “buy” rating and boosted their price target for the company from $61.00 to $95.00 in a research report on Wednesday, June 10th. Sanford C. Bernstein upgraded shares of BorgWarner to a “buy” rating in a research report on Wednesday, June 10th. Wells Fargo & Company raised their price target on BorgWarner from $68.00 to $83.00 and gave the company an “overweight” rating in a research report on Tuesday, June 2nd. Finally, Wolfe Research reissued an “outperform” rating and set a $95.00 price target on shares of BorgWarner in a research note on Wednesday, June 3rd. Nine equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $75.93.

Insider Buying and Selling

In other news, CAO Amy B. Kulikowski sold 2,900 shares of BorgWarner stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $68.60, for a total value of $198,940.00. Following the completion of the transaction, the chief accounting officer owned 9,725 shares of the company’s stock, valued at $667,135. The trade was a 22.97% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Rajesh Kalathur purchased 7,407 shares of the business’s stock in a transaction dated Wednesday, August 19th. The shares were purchased at an average price of $67.59 per share, for a total transaction of $500,639.13. Following the acquisition, the director owned 7,407 shares of the company’s stock, valued at approximately $500,639.13. The trade was a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.76% of the stock is currently owned by company 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.