Hsbc Holdings PLC Decreases Holdings in BorgWarner Inc. $BWA

Hsbc Holdings PLC trimmed its position in BorgWarner Inc. (NYSE:BWA) by 46.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 754,432 shares of the auto parts company’s stock after selling 649,056 shares during the period. Hsbc Holdings PLC’s holdings in BorgWarner were worth $40,585,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Prosperity Bancshares Inc acquired a new position in shares of BorgWarner during the fourth quarter worth $37,000. Sound Income Strategies LLC boosted its position in shares of BorgWarner by 9,888.9% in 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 in the last quarter. Torren Management LLC acquired a new stake in shares of BorgWarner in the 4th quarter worth $48,000. Olistico Wealth LLC purchased a new position in BorgWarner during the 4th quarter worth $50,000. Finally, Root Financial Partners LLC grew its stake in BorgWarner by 111.0% during the 1st quarter. Root Financial Partners LLC now owns 1,557 shares of the auto parts company’s stock worth $84,000 after buying an additional 819 shares during the last quarter. 95.67% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have commented on BWA. TD Cowen increased their price target on BorgWarner from $66.00 to $67.00 and gave the company a “hold” rating in a research note on Thursday, May 7th. Wells Fargo & Company boosted their target price on shares of BorgWarner from $68.00 to $83.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 2nd. Wall Street Zen upgraded shares of BorgWarner from a “hold” rating to a “buy” rating in a research note on Saturday, June 27th. Barclays raised their price target on shares of BorgWarner from $75.00 to $83.00 and gave the stock an “overweight” rating in a report on Thursday, July 9th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of BorgWarner from $73.00 to $75.00 and gave the stock an “overweight” rating in a research note on Thursday, May 14th. Nine analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $74.57.

Insider Buying and Selling at BorgWarner

In other BorgWarner news, VP Isabelle Mckenzie sold 3,500 shares of BorgWarner stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $63.35, for a total transaction of $221,725.00. Following the completion of the transaction, the vice president owned 57,828 shares in the company, valued at approximately $3,663,403.80. This trade represents a 5.71% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Stefan Demmerle sold 20,000 shares of the business’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $59.26, for a total value of $1,185,200.00. Following the completion of the transaction, the vice president directly owned 213,746 shares of the company’s stock, valued at approximately $12,666,587.96. This trade represents a 8.56% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 67,500 shares of company stock worth $4,310,115. 0.76% of the stock is currently owned by company insiders.

BorgWarner Stock Down 1.4%

Shares of BWA stock opened at $61.60 on Tuesday. BorgWarner Inc. has a fifty-two week low of $34.27 and a fifty-two week high of $78.82. The firm has a market capitalization of $12.63 billion, a PE ratio of 36.45, a P/E/G ratio of 1.33 and a beta of 1.09. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.75 and a current ratio of 2.13. The stock’s 50-day simple moving average is $68.03 and its 200-day simple moving average is $58.56.

BorgWarner (NYSE:BWA) last released its earnings results on Wednesday, May 6th. The auto parts company reported $1.24 EPS for the quarter, topping 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 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 previous year, the company posted $1.11 earnings per share. The company’s revenue was up .5% compared to the same quarter last year. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. Equities analysts expect that BorgWarner Inc. will post 5.16 earnings per share for the current year.

BorgWarner Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were paid a $0.17 dividend. The ex-dividend date was Monday, June 1st. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.1%. 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.