Swedbank AB Purchases 150,144 Shares of BorgWarner Inc. $BWA

Swedbank AB increased its position in shares of BorgWarner Inc. (NYSE:BWAFree Report) by 5.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,933,151 shares of the auto parts company’s stock after purchasing an additional 150,144 shares during the quarter. Swedbank AB’s holdings in BorgWarner were worth $159,153,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Acadian Asset Management LLC increased its stake in BorgWarner by 23.7% in the 1st quarter. Acadian Asset Management LLC now owns 8,979 shares of the auto parts company’s stock valued at $257,000 after buying an additional 1,723 shares during the last quarter. Sivia Capital Partners LLC bought a new position in shares of BorgWarner in the second quarter valued at approximately $339,000. EverSource Wealth Advisors LLC grew its holdings in shares of BorgWarner by 400.5% in the second quarter. EverSource Wealth Advisors LLC now owns 5,531 shares of the auto parts company’s stock valued at $185,000 after acquiring an additional 4,426 shares in the last quarter. Marshall Wace LLP purchased a new stake in shares of BorgWarner during the second quarter valued at approximately $247,000. Finally, Cerity Partners LLC increased its position in shares of BorgWarner by 30.2% during the second quarter. Cerity Partners LLC now owns 143,841 shares of the auto parts company’s stock valued at $4,816,000 after acquiring an additional 33,362 shares during the last quarter. 95.67% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, VP Stefan Demmerle sold 5,000 shares of the stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $65.00, for a total transaction of $325,000.00. Following the sale, the vice president owned 203,746 shares of the company’s stock, valued at approximately $13,243,490. This represents a 2.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Tania Wingfield sold 5,000 shares of the stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $63.24, for a total value of $316,200.00. Following the sale, the executive vice president directly owned 35,365 shares in the company, valued at $2,236,482.60. This trade represents a 12.39% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 67,500 shares of company stock valued at $4,310,115. 0.76% of the stock is owned by company insiders.

BorgWarner Stock Performance

BWA traded down $1.81 on Tuesday, hitting $64.10. The company’s stock had a trading volume of 595,160 shares, compared to its average volume of 2,964,696. BorgWarner Inc. has a 12 month low of $34.27 and a 12 month high of $78.82. The firm has a market cap of $13.15 billion, a P/E ratio of 37.96, a price-to-earnings-growth ratio of 1.22 and a beta of 1.09. The company has a quick ratio of 1.75, a current ratio of 2.13 and a debt-to-equity ratio of 0.69. The company’s 50 day simple moving average is $66.84 and its 200-day simple moving average is $57.27.

BorgWarner (NYSE:BWAGet Free Report) last issued its earnings results on Wednesday, May 6th. The auto parts company reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.16 by $0.08. The business had revenue of $3.53 billion for the quarter, compared to analysts’ expectations of $3.50 billion. BorgWarner had a net margin of 2.53% and a return on equity of 18.36%. The business’s revenue for the quarter was up .5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.11 EPS. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. Analysts forecast that BorgWarner Inc. will post 5.18 EPS for the current year.

BorgWarner Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Monday, June 1st. BorgWarner’s payout ratio is presently 40.24%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on BWA shares. Wall Street Zen raised BorgWarner from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. Deutsche Bank Aktiengesellschaft set a $81.00 target price on BorgWarner in a research note on Tuesday, April 21st. Weiss Ratings raised shares of BorgWarner from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, June 29th. Sanford C. Bernstein upgraded shares of BorgWarner to a “buy” rating in a research report on Wednesday, June 10th. Finally, UBS Group upgraded shares of BorgWarner from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $61.00 to $95.00 in a report on Wednesday, June 10th. Nine investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, BorgWarner has a consensus rating of “Moderate Buy” and a consensus price target of $74.00.

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BorgWarner Profile

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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.

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Institutional Ownership by Quarter for BorgWarner (NYSE:BWA)

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