Brokerages Set BorgWarner Inc. (NYSE:BWA) Price Target at $46.46

BorgWarner Inc. (NYSE:BWA) has received an average rating of “Moderate Buy” from the seventeen analysts that are currently covering the firm, MarketBeat.com reports. Seven research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $46.4615.

BWA has been the topic of several recent analyst reports. Evercore ISI lifted their price objective on BorgWarner from $50.00 to $53.00 and gave the company an “outperform” rating in a report on Monday, November 24th. Weiss Ratings restated a “hold (c)” rating on shares of BorgWarner in a report on Wednesday, October 8th. The Goldman Sachs Group upped their price target on shares of BorgWarner from $45.00 to $52.00 and gave the company a “buy” rating in a report on Monday, September 29th. Morgan Stanley reissued an “equal weight” rating and set a $49.00 price objective (up previously from $42.00) on shares of BorgWarner in a research report on Monday, December 8th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of BorgWarner from $45.00 to $53.00 and gave the company an “overweight” rating in a research report on Monday, October 20th.

Insider Activity at BorgWarner

In related news, VP Isabelle Mckenzie sold 3,200 shares of the firm’s stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $44.23, for a total value of $141,536.00. Following the completion of the transaction, the vice president owned 43,555 shares of the company’s stock, valued at approximately $1,926,437.65. This trade represents a 6.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Stefan Demmerle sold 15,000 shares of BorgWarner stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $45.52, for a total transaction of $682,800.00. Following the completion of the sale, the vice president owned 209,040 shares in the company, valued at $9,515,500.80. The trade was a 6.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 23,200 shares of company stock valued at $1,054,336 over the last ninety days. Company insiders own 0.63% of the company’s stock.

Hedge Funds Weigh In On BorgWarner

Several hedge funds have recently modified their holdings of BWA. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in BorgWarner by 7.8% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 56,411 shares of the auto parts company’s stock worth $1,889,000 after acquiring an additional 4,078 shares during the period. CWM LLC grew its position in shares of BorgWarner by 218.3% during the 3rd quarter. CWM LLC now owns 235,861 shares of the auto parts company’s stock worth $10,368,000 after purchasing an additional 161,755 shares in the last quarter. Pallas Capital Advisors LLC bought a new position in shares of BorgWarner during the second quarter worth approximately $567,000. Columbia Bank acquired a new stake in shares of BorgWarner in the second quarter valued at approximately $239,000. Finally, Zurich Insurance Group Ltd FI bought a new stake in shares of BorgWarner in the first quarter valued at approximately $1,223,000. Institutional investors own 95.67% of the company’s stock.

BorgWarner Stock Performance

Shares of BWA stock opened at $46.65 on Monday. The stock has a market cap of $9.98 billion, a PE ratio of 74.04, a price-to-earnings-growth ratio of 0.91 and a beta of 1.06. The stock has a 50-day moving average of $44.18 and a 200-day moving average of $41.44. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.05 and a quick ratio of 1.69. BorgWarner has a one year low of $24.40 and a one year high of $46.66.

BorgWarner (NYSE:BWA) last issued its quarterly earnings data on Thursday, October 30th. The auto parts company reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.16 by $0.08. BorgWarner had a net margin of 0.94% and a return on equity of 16.72%. The firm had revenue of $3.59 billion during the quarter, compared to analysts’ expectations of $3.58 billion. During the same quarter in the previous year, the company earned $1.09 earnings per share. The business’s revenue for the quarter was up 4.1% on a year-over-year basis. BorgWarner has set its FY 2025 guidance at 4.600-4.750 EPS. As a group, sell-side analysts expect that BorgWarner will post 4.28 earnings per share for the current year.

BorgWarner Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were given a dividend of $0.17 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a $0.68 dividend on an annualized basis and a yield of 1.5%. BorgWarner’s dividend payout ratio is 107.94%.

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.