BorgWarner Inc. $BWA Shares Bought by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. lifted its stake in shares of BorgWarner Inc. (NYSE:BWA) by 26.5% in the third quarter, Holdings Channel reports. The institutional investor owned 1,112,981 shares of the auto parts company’s stock after buying an additional 233,128 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in BorgWarner were worth $48,927,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Blackston Financial Advisory Group LLC boosted its stake in BorgWarner by 3.4% during the 2nd quarter. Blackston Financial Advisory Group LLC now owns 7,970 shares of the auto parts company’s stock valued at $267,000 after acquiring an additional 265 shares during the last quarter. Fifth Third Wealth Advisors LLC raised its stake in shares of BorgWarner by 4.1% in the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 6,832 shares of the auto parts company’s stock valued at $300,000 after purchasing an additional 272 shares in the last quarter. Assetmark Inc. lifted its position in shares of BorgWarner by 81.8% during the second quarter. Assetmark Inc. now owns 809 shares of the auto parts company’s stock worth $27,000 after purchasing an additional 364 shares during the last quarter. Tectonic Advisors LLC grew its stake in BorgWarner by 2.3% in the second quarter. Tectonic Advisors LLC now owns 17,002 shares of the auto parts company’s stock worth $569,000 after purchasing an additional 388 shares in the last quarter. Finally, AMG National Trust Bank increased its holdings in BorgWarner by 0.9% in the second quarter. AMG National Trust Bank now owns 50,699 shares of the auto parts company’s stock valued at $1,697,000 after buying an additional 453 shares during the last quarter. 95.67% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at BorgWarner

In other news, VP Stefan Demmerle sold 15,000 shares of the stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $45.52, for a total value of $682,800.00. Following the completion of the transaction, the vice president directly owned 209,040 shares in the company, valued at $9,515,500.80. This trade represents a 6.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Isabelle Mckenzie sold 3,200 shares of the firm’s stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $44.23, for a total transaction of $141,536.00. Following the transaction, the vice president owned 43,555 shares in the company, valued at $1,926,437.65. This represents a 6.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 23,200 shares of company stock valued at $1,054,336 in the last quarter. 0.45% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research analysts have commented on BWA shares. Morgan Stanley reaffirmed an “equal weight” rating and set a $49.00 target price (up previously from $42.00) on shares of BorgWarner in a report on Monday, December 8th. JPMorgan Chase & Co. upped their price target on BorgWarner from $45.00 to $53.00 and gave the company an “overweight” rating in a research report on Monday, October 20th. Zacks Research cut BorgWarner from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 13th. Wells Fargo & Company lowered their target price on shares of BorgWarner from $54.00 to $52.00 and set an “overweight” rating for the company in a research note on Tuesday, December 9th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of BorgWarner in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $46.46.

BorgWarner Stock Performance

Shares of NYSE BWA opened at $47.44 on Thursday. BorgWarner Inc. has a 12-month low of $24.40 and a 12-month high of $47.99. The company has a market cap of $10.15 billion, a PE ratio of 75.31, a P/E/G ratio of 0.93 and a beta of 1.06. The stock has a 50 day simple moving average of $44.44 and a 200-day simple moving average of $41.69. The company has a current ratio of 2.05, a quick ratio of 1.69 and a debt-to-equity ratio of 0.63.

BorgWarner (NYSE:BWA) last announced its earnings results on Thursday, October 30th. The auto parts company reported $1.24 earnings per share for the quarter, beating the consensus estimate of $1.16 by $0.08. BorgWarner had a return on equity of 16.72% and a net margin of 0.94%.The firm had revenue of $3.59 billion for the quarter, compared to the consensus estimate of $3.58 billion. During the same quarter in the previous year, the business earned $1.09 EPS. The firm’s revenue for the quarter was up 4.1% on a year-over-year basis. BorgWarner has set its FY 2025 guidance at 4.600-4.750 EPS. On average, equities research analysts forecast that BorgWarner Inc. will post 4.28 EPS for the current year.

BorgWarner Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 1st were issued a $0.17 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a $0.68 annualized dividend and a yield of 1.4%. BorgWarner’s dividend payout ratio is presently 107.94%.

BorgWarner 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.