Northwestern Mutual Wealth Management Co. Raises Stake in BorgWarner Inc. $BWA

Northwestern Mutual Wealth Management Co. lifted its position in shares of BorgWarner Inc. (NYSE:BWA) by 907.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 221,336 shares of the auto parts company’s stock after purchasing an additional 199,359 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in BorgWarner were worth $9,513,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Root Financial Partners LLC purchased a new stake in shares of BorgWarner during the 3rd quarter worth about $27,000. Sound Income Strategies LLC grew its holdings in shares of BorgWarner by 9,888.9% during the 4th quarter. Sound Income Strategies LLC now owns 899 shares of the auto parts company’s stock worth $42,000 after purchasing an additional 890 shares during the period. Torren Management LLC purchased a new stake in shares of BorgWarner during the 4th quarter worth about $48,000. Olistico Wealth LLC purchased a new stake in shares of BorgWarner during the 4th quarter worth about $50,000. Finally, Hantz Financial Services Inc. grew its holdings in shares of BorgWarner by 32.7% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,470 shares of the auto parts company’s stock worth $65,000 after purchasing an additional 362 shares during the period. Hedge funds and other institutional investors own 95.67% of the company’s stock.

Insider Buying and Selling

In other BorgWarner news, EVP Tania Wingfield sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $63.24, for a total value of $316,200.00. Following the transaction, the executive vice president directly owned 35,365 shares of the company’s stock, valued at $2,236,482.60. This represents a 12.39% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Tonit M. Calaway sold 14,021 shares of the company’s stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $51.46, for a total value of $721,520.66. Following the completion of the transaction, the executive vice president directly owned 204,913 shares in the company, valued at approximately $10,544,822.98. The trade was a 6.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 96,033 shares of company stock worth $5,792,558 over the last 90 days. 0.76% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

BWA has been the topic of several recent research reports. Morgan Stanley set a $60.00 price target on BorgWarner in a research report on Thursday, February 12th. Robert W. Baird set a $76.00 price target on BorgWarner in a research report on Thursday, February 12th. JPMorgan Chase & Co. boosted their price target on BorgWarner from $73.00 to $75.00 and gave the stock an “overweight” rating in a research report on Thursday, May 14th. Bank of America initiated coverage on BorgWarner in a research report on Wednesday, March 4th. They set a “neutral” rating on the stock. Finally, TD Cowen boosted their price target on BorgWarner from $66.00 to $67.00 and gave the stock a “hold” rating in a research report on Thursday, May 7th. Seven investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $67.64.

BorgWarner Stock Performance

BorgWarner stock opened at $63.65 on Friday. The stock’s 50 day moving average price is $56.13 and its 200 day moving average price is $51.26. The firm has a market capitalization of $13.06 billion, a PE ratio of 37.66, a price-to-earnings-growth ratio of 1.21 and a beta of 1.00. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.75 and a current ratio of 2.13. BorgWarner Inc. has a one year low of $31.83 and a one year high of $70.31.

BorgWarner (NYSE:BWA) last announced 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. BorgWarner had a return on equity of 18.36% and a net margin of 2.53%.The company had revenue of $3.53 billion for the quarter, compared to analyst estimates of $3.50 billion. During the same period in the prior year, the company posted $1.11 EPS. BorgWarner’s quarterly revenue was up .5% on a year-over-year basis. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. As a group, sell-side analysts expect that BorgWarner Inc. will post 5.16 EPS for the current fiscal year.

BorgWarner Dividend Announcement

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

About BorgWarner

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.