BorgWarner Inc. $BWA Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC decreased its position in BorgWarner Inc. (NYSE:BWA) by 64.6% in the 3rd quarter, Holdings Channel.com reports. The firm owned 17,324 shares of the auto parts company’s stock after selling 31,683 shares during the period. SG Americas Securities LLC’s holdings in BorgWarner were worth $762,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Acadian Asset Management LLC grew its holdings in BorgWarner by 23.7% in the 1st quarter. Acadian Asset Management LLC now owns 8,979 shares of the auto parts company’s stock worth $257,000 after buying an additional 1,723 shares in the last quarter. Parallel Advisors LLC boosted its position in BorgWarner by 67.4% during the 2nd quarter. Parallel Advisors LLC now owns 3,812 shares of the auto parts company’s stock worth $128,000 after acquiring an additional 1,535 shares during the period. Sivia Capital Partners LLC acquired a new position in BorgWarner during the 2nd quarter worth $339,000. Wealth Enhancement Advisory Services LLC grew its stake in shares of BorgWarner by 81.7% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 89,056 shares of the auto parts company’s stock worth $3,145,000 after purchasing an additional 40,055 shares in the last quarter. Finally, CX Institutional increased its holdings in shares of BorgWarner by 71.9% during the second quarter. CX Institutional now owns 5,879 shares of the auto parts company’s stock valued at $197,000 after purchasing an additional 2,458 shares during the period. Institutional investors own 95.67% of the company’s stock.

Analyst Ratings Changes

BWA has been the subject of several research analyst reports. Zacks Research downgraded shares of BorgWarner from a “strong-buy” rating to a “hold” rating in a report on Monday, October 13th. Robert W. Baird set a $55.00 price objective on shares of BorgWarner in a report on Wednesday, January 14th. Morgan Stanley reiterated an “equal weight” rating and set a $49.00 price objective (up previously from $42.00) on shares of BorgWarner in a research note on Monday, December 8th. UBS Group increased their price target on BorgWarner from $46.00 to $49.00 and gave the company a “neutral” rating in a research note on Wednesday, January 14th. Finally, Piper Sandler reiterated a “neutral” rating and set a $51.00 price target (down from $52.00) on shares of BorgWarner in a research report on Thursday, January 8th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $47.31.

BorgWarner Stock Performance

Shares of NYSE BWA opened at $46.55 on Wednesday. The company has a quick ratio of 1.69, a current ratio of 2.05 and a debt-to-equity ratio of 0.63. The stock has a market capitalization of $9.96 billion, a price-to-earnings ratio of 73.89, a PEG ratio of 0.92 and a beta of 1.06. The stock’s fifty day simple moving average is $45.01 and its 200 day simple moving average is $42.60. BorgWarner Inc. has a 52-week low of $24.40 and a 52-week high of $48.80.

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

BorgWarner Dividend Announcement

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

Insider Buying and Selling

In related news, VP Stefan Demmerle sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $46.00, for a total value of $230,000.00. Following the completion of the sale, the vice president owned 204,040 shares in the company, valued at approximately $9,385,840. This represents a 2.39% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Isabelle Mckenzie sold 3,200 shares of BorgWarner stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $44.23, for a total transaction of $141,536.00. Following the transaction, the vice president owned 43,555 shares in the company, valued at approximately $1,926,437.65. The trade was a 6.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 23,200 shares of company stock worth $1,054,336 in the last 90 days. 0.63% of the stock is owned by company insiders.

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.