DGS Capital Management LLC purchased a new stake in shares of BorgWarner Inc. (NYSE:BWA – Free Report) during the first quarter, HoldingsChannel reports. The fund purchased 8,381 shares of the auto parts company’s stock, valued at approximately $455,000.
Several other large investors have also made changes to their positions in BWA. Prosperity Bancshares Inc bought a new position in shares of BorgWarner in the fourth quarter worth about $37,000. Sound Income Strategies LLC raised its stake in BorgWarner by 9,888.9% during the 4th quarter. Sound Income Strategies LLC now owns 899 shares of the auto parts company’s stock valued at $42,000 after purchasing an additional 890 shares during the period. Torren Management LLC purchased a new position in BorgWarner in the 4th quarter worth approximately $48,000. Olistico Wealth LLC purchased a new position in BorgWarner in the 4th quarter worth approximately $50,000. Finally, UMB Bank n.a. boosted its stake in BorgWarner by 28.1% in the 4th quarter. UMB Bank n.a. now owns 1,709 shares of the auto parts company’s stock worth $77,000 after purchasing an additional 375 shares during the period. 95.67% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other news, CEO Joseph F. Fadool sold 29,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $67.31, for a total value of $1,951,990.00. Following the completion of the sale, the chief executive officer directly owned 405,964 shares of the company’s stock, valued at $27,325,436.84. This trade represents a 6.67% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Stefan Demmerle sold 5,000 shares of BorgWarner stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $65.00, for a total value of $325,000.00. Following the completion of the transaction, the vice president owned 203,746 shares of the company’s stock, valued at approximately $13,243,490. This trade represents a 2.40% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 67,500 shares of company stock valued at $4,310,115. 0.76% of the stock is currently owned by company insiders.
Analysts Set New Price Targets
Check Out Our Latest Stock Report on BorgWarner
BorgWarner Price Performance
BWA stock opened at $63.99 on Wednesday. BorgWarner Inc. has a 52 week low of $34.27 and a 52 week 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 fifty day simple moving average of $67.00 and a two-hundred day simple moving average of $57.41. The firm has a market capitalization of $13.13 billion, a P/E ratio of 37.87, a price-to-earnings-growth ratio of 1.26 and a beta of 1.09.
BorgWarner (NYSE:BWA – Get Free Report) last posted its earnings results on Wednesday, May 6th. The auto parts company reported $1.24 earnings per share for the quarter, topping analysts’ consensus estimates of $1.16 by $0.08. The firm had revenue of $3.53 billion for 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 business’s quarterly revenue was up .5% on a year-over-year basis. During the same period in the previous year, the firm posted $1.11 EPS. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. Analysts anticipate that BorgWarner Inc. will post 5.18 earnings per share for the current fiscal year.
BorgWarner Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Monday, June 1st. BorgWarner’s payout ratio is presently 40.24%.
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.
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