Y Intercept Hong Kong Ltd Invests $11.61 Million in BorgWarner Inc. $BWA

Y Intercept Hong Kong Ltd purchased a new position in BorgWarner Inc. (NYSE:BWA) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 257,754 shares of the auto parts company’s stock, valued at approximately $11,614,000.

Other institutional investors also recently made changes to their positions in the company. Sound Income Strategies LLC raised its holdings in shares of BorgWarner by 9,888.9% in the fourth quarter. Sound Income Strategies LLC now owns 899 shares of the auto parts company’s stock worth $42,000 after acquiring an additional 890 shares during the last quarter. Torren Management LLC acquired a new position in shares of BorgWarner in the fourth quarter worth $48,000. Olistico Wealth LLC acquired a new position in shares of BorgWarner in the fourth quarter worth $50,000. Hantz Financial Services Inc. raised its holdings in shares of BorgWarner by 32.7% in the third quarter. Hantz Financial Services Inc. now owns 1,470 shares of the auto parts company’s stock worth $65,000 after acquiring an additional 362 shares during the last quarter. Finally, Eurizon Capital SGR S.p.A. acquired a new position in shares of BorgWarner in the fourth quarter worth $116,000. 95.67% of the stock is owned by institutional investors and hedge funds.

BorgWarner Price Performance

Shares of NYSE BWA opened at $74.61 on Friday. The company has a market capitalization of $15.30 billion, a price-to-earnings ratio of 44.15, a PEG ratio of 1.43 and a beta of 1.07. BorgWarner Inc. has a 1-year low of $32.24 and a 1-year high of $78.82. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.13 and a quick ratio of 1.75. The business has a 50-day moving average of $62.20 and a 200-day moving average of $54.34.

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

BorgWarner Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be issued a $0.17 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $0.68 dividend on an annualized basis and a yield of 0.9%. BorgWarner’s dividend payout ratio is currently 40.24%.

Insiders Place Their Bets

In related news, VP Isabelle Mckenzie sold 3,500 shares of the stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $63.35, for a total value of $221,725.00. Following the completion of the transaction, the vice president owned 57,828 shares of the company’s stock, valued at approximately $3,663,403.80. This represents a 5.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Joseph F. Fadool sold 29,000 shares of the stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $67.31, for a total value of $1,951,990.00. Following the completion of the transaction, the chief executive officer directly owned 405,964 shares of the company’s stock, valued at $27,325,436.84. This represents a 6.67% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 67,500 shares of company stock worth $4,310,115. Company insiders own 0.76% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Bank of America began coverage on BorgWarner in a report on Wednesday, March 4th. They issued a “neutral” rating for the company. Evercore reiterated an “outperform” rating and issued a $75.00 target price on shares of BorgWarner in a research note on Tuesday, February 17th. TD Cowen upped their target price on BorgWarner from $66.00 to $67.00 and gave the company a “hold” rating in a research note on Thursday, May 7th. Sanford C. Bernstein upgraded BorgWarner to a “buy” rating in a research note on Wednesday. Finally, Barclays upped their target price on BorgWarner from $70.00 to $75.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Nine equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, BorgWarner presently has a consensus rating of “Moderate Buy” and an average price target of $74.00.

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.