Power Wealth Management LLC Decreases Stake in BorgWarner Inc. $BWA

Power Wealth Management LLC cut its position in BorgWarner Inc. (NYSE:BWA) by 22.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 31,571 shares of the auto parts company’s stock after selling 9,033 shares during the period. BorgWarner accounts for 0.7% of Power Wealth Management LLC’s investment portfolio, making the stock its 20th largest holding. Power Wealth Management LLC’s holdings in BorgWarner were worth $2,096,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. BlackRock Inc. purchased a new stake in shares of BorgWarner during the 2nd quarter worth $1,678,187,000. Dimensional Fund Advisors LP increased its holdings in BorgWarner by 1.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 11,961,482 shares of the auto parts company’s stock valued at $538,996,000 after buying an additional 178,853 shares during the last quarter. AQR Capital Management LLC increased its holdings in BorgWarner by 22.7% in the fourth quarter. AQR Capital Management LLC now owns 9,222,352 shares of the auto parts company’s stock valued at $415,559,000 after buying an additional 1,703,576 shares during the last quarter. State Street Corp raised its stake in BorgWarner by 5.3% in the second quarter. State Street Corp now owns 7,633,760 shares of the auto parts company’s stock valued at $255,578,000 after buying an additional 380,942 shares in the last quarter. Finally, LSV Asset Management lifted its holdings in BorgWarner by 6.7% during the 4th quarter. LSV Asset Management now owns 6,446,541 shares of the auto parts company’s stock worth $290,481,000 after buying an additional 402,887 shares during the last quarter. 95.67% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at BorgWarner

In related news, CAO Amy B. Kulikowski sold 2,900 shares of the stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $68.60, for a total transaction of $198,940.00. Following the completion of the sale, the chief accounting officer owned 9,725 shares in the company, valued at $667,135. This represents a 22.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Michael S. Hanley sold 5,000 shares of the firm’s stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $65.51, for a total value of $327,550.00. Following the transaction, the director directly owned 34,313 shares in the company, valued at approximately $2,247,844.63. This represents a 12.72% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.76% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Barclays upped their price objective on BorgWarner from $83.00 to $85.00 and gave the stock an “overweight” rating in a research report on Monday, August 10th. TD Cowen raised their target price on BorgWarner from $67.00 to $68.00 and gave the stock a “hold” rating in a research report on Thursday, August 6th. Deutsche Bank Aktiengesellschaft set a $80.00 target price on BorgWarner in a research note on Thursday, August 6th. UBS Group upgraded 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 research note on Wednesday, June 10th. Finally, Robert W. Baird set a $79.00 price objective on shares of BorgWarner in a report on Thursday, August 6th. Nine equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $76.67.

BorgWarner Stock Performance

NYSE BWA opened at $65.75 on Friday. The company has a fifty day moving average of $65.16 and a two-hundred day moving average of $62.20. The company has a market capitalization of $13.39 billion, a PE ratio of 32.88, a P/E/G ratio of 1.17 and a beta of 1.12. BorgWarner Inc. has a 1 year low of $40.50 and a 1 year high of $78.82. The company has a debt-to-equity ratio of 0.67, a current ratio of 2.13 and a quick ratio of 1.76.

BorgWarner (NYSE:BWA) last posted its earnings results on Wednesday, August 5th. The auto parts company reported $1.42 EPS for the quarter, topping analysts’ consensus estimates of $1.28 by $0.14. BorgWarner had a return on equity of 19.10% and a net margin of 2.89%.The business had revenue of $3.65 billion for the quarter, compared to analysts’ expectations of $3.58 billion. During the same quarter in the previous year, the firm earned $1.21 earnings per share. The business’s revenue was up .3% compared to the same quarter last year. BorgWarner has set its FY 2026 guidance at 5.050-5.300 EPS. As a group, analysts expect that BorgWarner Inc. will post 5.2 earnings per share for the current year.

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

BorgWarner Dividend Announcement

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

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.