Brokerages Set BorgWarner Inc. (NYSE:BWA) Target Price at $66.77

Shares of BorgWarner Inc. (NYSE:BWA) have been given an average rating of “Moderate Buy” by the fourteen brokerages that are presently covering the stock, Marketbeat reports. Seven research analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $67.50.

Several equities analysts recently commented on BWA shares. TD Cowen increased their price objective on shares of BorgWarner from $66.00 to $67.00 and gave the company a “hold” rating in a research note on Thursday. Evercore reissued an “outperform” rating and issued a $75.00 price objective on shares of BorgWarner in a research note on Tuesday, February 17th. Morgan Stanley set a $60.00 price objective on shares of BorgWarner in a research note on Thursday, February 12th. Barclays increased their price objective on shares of BorgWarner from $70.00 to $75.00 and gave the company an “overweight” rating in a research note on Thursday. Finally, Deutsche Bank Aktiengesellschaft set a $81.00 price objective on shares of BorgWarner in a research note on Tuesday, April 21st.

Insider Activity

In other news, EVP Paul Arthur Farrell sold 12,012 shares of the firm’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $52.31, for a total transaction of $628,347.72. Following the completion of the transaction, the executive vice president owned 38,238 shares of the company’s stock, valued at approximately $2,000,229.78. This trade represents a 23.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Isabelle Mckenzie sold 3,500 shares of the firm’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $63.26, for a total transaction of $221,410.00. Following the transaction, the vice president directly owned 68,809 shares of the company’s stock, valued at $4,352,857.34. The trade was a 4.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 78,083 shares of company stock valued at $4,638,585. 0.76% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On BorgWarner

Large investors have recently modified their holdings of the business. Root Financial Partners LLC bought a new position in shares of BorgWarner during the third quarter valued at $27,000. Prosperity Bancshares Inc bought a new position in shares of BorgWarner during the fourth quarter valued at $37,000. Sound Income Strategies LLC raised its stake in shares of BorgWarner by 9,888.9% during the fourth quarter. Sound Income Strategies LLC now owns 899 shares of the auto parts company’s stock valued at $42,000 after acquiring an additional 890 shares during the last quarter. Mather Group LLC. bought a new position in shares of BorgWarner during the third quarter valued at $41,000. Finally, Cedar Mountain Advisors LLC bought a new position in shares of BorgWarner during the first quarter valued at $55,000. Institutional investors own 95.67% of the company’s stock.

BorgWarner Stock Performance

Shares of BorgWarner stock opened at $61.28 on Friday. The company has a 50 day moving average of $54.39 and a 200-day moving average of $49.85. BorgWarner has a 1-year low of $31.35 and a 1-year high of $70.08. The company has a current ratio of 2.13, a quick ratio of 1.70 and a debt-to-equity ratio of 0.69. The company has a market cap of $12.57 billion, a PE ratio of 36.26, a price-to-earnings-growth ratio of 1.28 and a beta of 1.00.

BorgWarner (NYSE:BWA) last issued its quarterly earnings data on Wednesday, May 6th. The auto parts company reported $1.24 EPS for the quarter, beating the consensus estimate of $1.16 by $0.08. The business had revenue of $3.53 billion during the quarter, compared to the consensus estimate of $3.50 billion. BorgWarner had a net margin of 2.53% and a return on equity of 18.36%. The firm’s revenue was up .5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.11 EPS. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. As a group, equities research analysts forecast that BorgWarner will post 5.13 earnings per share for the current fiscal year.

BorgWarner Dividend Announcement

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

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.