Tribune Investment Group LP Invests $3.43 Million in BorgWarner Inc. $BWA

Tribune Investment Group LP purchased a new stake in shares of BorgWarner Inc. (NYSE:BWA) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 51,680 shares of the auto parts company’s stock, valued at approximately $3,432,000. BorgWarner makes up approximately 1.4% of Tribune Investment Group LP’s holdings, making the stock its 24th biggest holding.

Several other large investors have also recently bought and sold shares of the business. Acadian Asset Management LLC grew its stake in BorgWarner by 23.7% during the 1st quarter. Acadian Asset Management LLC now owns 8,979 shares of the auto parts company’s stock valued at $257,000 after acquiring an additional 1,723 shares in the last quarter. Sivia Capital Partners LLC purchased a new stake in shares of BorgWarner in the second quarter worth approximately $339,000. EverSource Wealth Advisors LLC lifted its position in shares of BorgWarner by 400.5% in the second quarter. EverSource Wealth Advisors LLC now owns 5,531 shares of the auto parts company’s stock worth $185,000 after purchasing an additional 4,426 shares in the last quarter. Marshall Wace LLP acquired a new stake in shares of BorgWarner during the second quarter worth approximately $247,000. Finally, Cerity Partners LLC boosted its holdings in shares of BorgWarner by 30.2% during the second quarter. Cerity Partners LLC now owns 143,841 shares of the auto parts company’s stock worth $4,816,000 after purchasing an additional 33,362 shares during the period. 95.67% of the stock is owned by institutional investors and hedge funds.

BorgWarner Trading Up 0.9%

Shares of NYSE BWA opened at $65.75 on Friday. The business has a 50 day simple moving average of $65.16 and a 200 day simple moving average of $62.20. BorgWarner Inc. has a 52 week low of $40.50 and a 52 week high of $78.82. The stock has a market cap of $13.39 billion, a price-to-earnings ratio of 32.88, a PEG ratio of 1.17 and a beta of 1.12. 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 (NYSE:BWA) last issued its quarterly earnings data on Wednesday, August 5th. The auto parts company reported $1.42 earnings per share for the quarter, beating the consensus estimate of $1.28 by $0.14. The firm had revenue of $3.65 billion for the quarter, compared to analyst estimates of $3.58 billion. BorgWarner had a net margin of 2.89% and a return on equity of 19.10%. The company’s revenue for the quarter was up .3% on a year-over-year basis. During the same quarter last year, the firm earned $1.21 earnings per share. BorgWarner has set its FY 2026 guidance at 5.050-5.300 EPS. On average, research analysts predict that BorgWarner Inc. will post 5.2 earnings per share for the current fiscal year.

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

BorgWarner Dividend Announcement

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

Insider Activity at BorgWarner

In other BorgWarner news, Director Rajesh Kalathur acquired 7,407 shares of BorgWarner stock in a transaction that occurred on Wednesday, August 19th. The stock was acquired at an average price of $67.59 per share, with a total value of $500,639.13. Following the purchase, the director owned 7,407 shares in the company, valued at approximately $500,639.13. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Michael Hanley sold 5,000 shares of the company’s stock in a transaction on Friday, August 28th. The stock was sold at an average price of $65.51, for a total transaction of $327,550.00. Following the completion of the sale, the director owned 34,313 shares of the company’s stock, valued at $2,247,844.63. This represents a 12.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.76% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

BWA has been the topic of a number of research analyst reports. Wolfe Research reaffirmed an “outperform” rating and set a $95.00 price objective on shares of BorgWarner in a research report on Wednesday, June 3rd. Morgan Stanley increased their target price on shares of BorgWarner from $67.00 to $71.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 6th. Wall Street Zen upgraded shares of BorgWarner from a “hold” rating to a “buy” rating in a report on Saturday, June 27th. Deutsche Bank Aktiengesellschaft set a $80.00 price target on shares of BorgWarner in a research note on Thursday, August 6th. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $84.00 price objective on shares of BorgWarner in a report on Thursday, June 11th. Nine investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $76.67.

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.