BorgWarner (NYSE:BWA) CAO Amy Kulikowski Sells 2,900 Shares of Stock

BorgWarner Inc. (NYSE:BWA) CAO Amy Kulikowski sold 2,900 shares of BorgWarner stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $68.60, for a total value of $198,940.00. Following the completion of the transaction, the chief accounting officer directly owned 9,725 shares of the company’s stock, valued at approximately $667,135. This represents a 22.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

BorgWarner Stock Down 1.8%

BWA stock traded down $1.16 during midday trading on Thursday, reaching $65.07. 406,114 shares of the company were exchanged, compared to its average volume of 2,819,951. The company has a market cap of $13.25 billion, a price-to-earnings ratio of 32.53, a price-to-earnings-growth ratio of 1.22 and a beta of 1.10. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.76 and a current ratio of 2.13. BorgWarner Inc. has a 1-year low of $40.50 and a 1-year high of $78.82. The stock’s 50-day simple moving average is $66.69 and its 200 day simple moving average is $61.40.

BorgWarner (NYSE:BWA) last released its earnings results on Wednesday, August 5th. The auto parts company reported $1.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.28 by $0.14. BorgWarner had a return on equity of 19.10% and a net margin of 2.89%.The company had revenue of $3.65 billion for the quarter, compared to analysts’ expectations of $3.58 billion. During the same quarter in the previous year, the firm posted $1.21 EPS. The firm’s quarterly revenue was up .3% on a year-over-year basis. BorgWarner has set its FY 2026 guidance at 5.050-5.300 EPS. On average, equities analysts forecast that BorgWarner Inc. will post 5.19 earnings per share for the current year.

BorgWarner Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Tuesday, September 1st. BorgWarner’s dividend payout ratio is 34.00%.

BorgWarner declared that its board has approved a stock buyback plan on Wednesday, August 5th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the auto parts company to purchase up to 7.7% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s management believes its shares are undervalued.

Analysts Set New Price Targets

BWA has been the subject of several recent analyst reports. Wells Fargo & Company increased their price objective on shares of BorgWarner from $68.00 to $83.00 and gave the company an “overweight” rating in a report on Tuesday, June 2nd. Morgan Stanley upped their target price on BorgWarner from $67.00 to $71.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 6th. Robert W. Baird set a $79.00 price objective on BorgWarner in a research note on Thursday, August 6th. Barclays upped their price objective on BorgWarner from $83.00 to $85.00 and gave the company an “overweight” rating in a report on Monday, August 10th. Finally, Deutsche Bank Aktiengesellschaft set a $80.00 target price on BorgWarner in a research note on Thursday, August 6th. Nine analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $75.93.

Hedge Funds Weigh In On BorgWarner

Several hedge funds have recently bought and sold shares of the business. BlackRock Inc. bought a new stake in BorgWarner in the 2nd quarter valued at $1,678,187,000. Dimensional Fund Advisors LP grew its holdings in shares of BorgWarner by 1.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 11,961,482 shares of the auto parts company’s stock worth $538,996,000 after purchasing an additional 178,853 shares in the last quarter. AQR Capital Management LLC increased its position in shares of BorgWarner by 22.7% during the fourth quarter. AQR Capital Management LLC now owns 9,222,352 shares of the auto parts company’s stock valued at $415,559,000 after purchasing an additional 1,703,576 shares during the period. State Street Corp lifted its position in BorgWarner by 5.3% in the second quarter. State Street Corp now owns 7,633,760 shares of the auto parts company’s stock worth $255,578,000 after purchasing an additional 380,942 shares during the period. Finally, LSV Asset Management boosted its stake in BorgWarner by 6.7% during the fourth quarter. LSV Asset Management now owns 6,446,541 shares of the auto parts company’s stock worth $290,481,000 after buying an additional 402,887 shares in the last quarter. 95.67% of the stock is owned by institutional investors and hedge funds.

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.