BorgWarner (NYSE:BWA) VP Sells $151,265.32 in Stock

BorgWarner Inc. (NYSE:BWA) VP Isabelle Mckenzie sold 2,458 shares of the business’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $61.54, for a total value of $151,265.32. Following the completion of the sale, the vice president owned 66,351 shares of the company’s stock, valued at $4,083,240.54. This trade represents a 3.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Isabelle Mckenzie also recently made the following trade(s):

• On Friday, February 13th, Isabelle Mckenzie sold 3,500 shares of BorgWarner stock. The stock was sold at an average price of $63.26, for a total transaction of $221,410.00.

BorgWarner Stock Performance

Shares of NYSE:BWA traded down $1.09 on Thursday, reaching $60.63. 1,539,355 shares of the company’s stock were exchanged, compared to its average volume of 3,053,596. BorgWarner Inc. has a twelve month low of $24.40 and a twelve month high of $70.08. The company has a fifty day moving average of $49.31 and a 200-day moving average of $45.19. The company has a market capitalization of $12.55 billion, a price-to-earnings ratio of 48.53, a PEG ratio of 1.26 and a beta of 1.09. The company has a current ratio of 2.07, a quick ratio of 1.70 and a debt-to-equity ratio of 0.69.

BorgWarner (NYSE:BWA) last issued its quarterly earnings results on Wednesday, February 11th. The auto parts company reported $1.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.19. The business had revenue of $3.57 billion during the quarter, compared to analysts’ expectations of $3.49 billion. BorgWarner had a return on equity of 17.89% and a net margin of 1.93%.The firm’s revenue for the quarter was up 3.9% compared to the same quarter last year. During the same period in the previous year, the company posted $1.01 earnings per share. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. On average, research analysts predict that BorgWarner Inc. will post 4.28 EPS for the current fiscal year.

BorgWarner Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 2nd will be given a $0.17 dividend. The ex-dividend date is Monday, March 2nd. This represents a $0.68 annualized dividend and a dividend yield of 1.1%. BorgWarner’s payout ratio is presently 54.40%.

Institutional Investors Weigh In On BorgWarner

Several large investors have recently added to or reduced their stakes in BWA. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in BorgWarner by 7.8% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 56,411 shares of the auto parts company’s stock valued at $1,889,000 after purchasing an additional 4,078 shares in the last quarter. CWM LLC increased its position in shares of BorgWarner by 218.3% in the third quarter. CWM LLC now owns 235,861 shares of the auto parts company’s stock valued at $10,368,000 after buying an additional 161,755 shares in the last quarter. Jackson Creek Investment Advisors LLC acquired a new stake in shares of BorgWarner during the 3rd quarter worth about $1,876,000. Columbia Bank purchased a new position in BorgWarner during the second quarter worth about $239,000. Finally, Ritholtz Wealth Management acquired a new stake in shares of BorgWarner in the third quarter worth approximately $1,016,000. 95.67% of the stock is owned by institutional investors.

Analysts Set New Price Targets

BWA has been the subject of several recent analyst reports. Piper Sandler restated a “neutral” rating and set a $51.00 target price (down from $52.00) on shares of BorgWarner in a research note on Thursday, January 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of BorgWarner in a research report on Wednesday, January 21st. Evercore restated an “outperform” rating and issued a $75.00 price target on shares of BorgWarner in a research note on Tuesday. JPMorgan Chase & Co. upped their price objective on shares of BorgWarner from $56.00 to $76.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Finally, Wells Fargo & Company boosted their target price on shares of BorgWarner from $52.00 to $75.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. Eight analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, BorgWarner currently has an average rating of “Moderate Buy” and a consensus price target of $58.71.

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.