Erste Asset Management GmbH Lowers Holdings in BorgWarner Inc. $BWA

Erste Asset Management GmbH trimmed its holdings in BorgWarner Inc. (NYSE:BWA) by 2.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 304,290 shares of the auto parts company’s stock after selling 8,100 shares during the period. Erste Asset Management GmbH’s holdings in BorgWarner were worth $13,915,000 as of its most recent filing with the SEC.

Several other hedge funds also recently added to or reduced their stakes in the business. Arjuna Capital boosted its holdings in BorgWarner by 0.6% in the fourth quarter. Arjuna Capital now owns 34,932 shares of the auto parts company’s stock valued at $1,574,000 after purchasing an additional 215 shares during the last quarter. Seeds Investor LLC raised its position in shares of BorgWarner by 5.7% in the fourth quarter. Seeds Investor LLC now owns 5,086 shares of the auto parts company’s stock worth $229,000 after acquiring an additional 274 shares during the period. Nisa Investment Advisors LLC raised its position in shares of BorgWarner by 0.4% in the fourth quarter. Nisa Investment Advisors LLC now owns 71,885 shares of the auto parts company’s stock worth $3,239,000 after acquiring an additional 281 shares during the period. Signaturefd LLC raised its position in shares of BorgWarner by 11.6% in the fourth quarter. Signaturefd LLC now owns 2,821 shares of the auto parts company’s stock worth $127,000 after acquiring an additional 294 shares during the period. Finally, HB Wealth Management LLC raised its position in shares of BorgWarner by 2.5% in the fourth quarter. HB Wealth Management LLC now owns 14,933 shares of the auto parts company’s stock worth $673,000 after acquiring an additional 358 shares during the period. 95.67% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

BWA has been the subject of a number of analyst reports. Wall Street Zen downgraded shares of BorgWarner from a “buy” rating to a “hold” rating in a research report on Saturday. UBS Group upped their price objective on shares of BorgWarner from $56.00 to $61.00 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. Evercore reiterated an “outperform” rating and issued a $75.00 price objective on shares of BorgWarner in a research report on Tuesday, February 17th. Wolfe Research reiterated an “outperform” rating and issued a $95.00 price objective on shares of BorgWarner in a research report on Wednesday, June 3rd. Finally, The Goldman Sachs Group upped their price objective on shares of BorgWarner from $54.00 to $78.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Seven equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $71.14.

BorgWarner Stock Up 4.5%

BWA opened at $75.91 on Tuesday. BorgWarner Inc. has a twelve month low of $32.24 and a twelve month high of $78.82. The company has a quick ratio of 1.75, a current ratio of 2.13 and a debt-to-equity ratio of 0.69. The company has a 50-day moving average price of $60.62 and a 200 day moving average price of $53.55. The company has a market cap of $15.57 billion, a PE ratio of 44.92, a price-to-earnings-growth ratio of 1.39 and a beta of 1.07.

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

BorgWarner Dividend Announcement

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

Insider Activity

In related news, EVP Tania Wingfield sold 5,000 shares of the company’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $63.24, for a total transaction of $316,200.00. Following the completion of the transaction, the executive vice president owned 35,365 shares in the company, valued at $2,236,482.60. This represents a 12.39% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Joseph F. Fadool sold 29,000 shares of the company’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $67.31, for a total transaction of $1,951,990.00. Following the transaction, the chief executive officer owned 405,964 shares of the company’s stock, valued at approximately $27,325,436.84. This trade represents a 6.67% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 79,512 shares of company stock worth $4,938,463. Company insiders own 0.76% of the company’s stock.

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.