BorgWarner Inc. $BWA Stake Increased by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp raised its stake in shares of BorgWarner Inc. (NYSE:BWA) by 29.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 604,828 shares of the auto parts company’s stock after acquiring an additional 139,164 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in BorgWarner were worth $26,588,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake 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 valued at $1,889,000 after buying an additional 4,078 shares in the last quarter. CWM LLC raised 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 valued at $10,368,000 after acquiring an additional 161,755 shares in the last quarter. Columbia Bank acquired a new stake in shares of BorgWarner during the 2nd quarter valued at approximately $239,000. Sivia Capital Partners LLC bought a new position in BorgWarner during the second quarter worth $339,000. Finally, Merit Financial Group LLC boosted its holdings in BorgWarner by 73.1% in the third quarter. Merit Financial Group LLC now owns 44,395 shares of the auto parts company’s stock worth $1,952,000 after purchasing an additional 18,749 shares during the period. 95.67% of the stock is owned by institutional investors and hedge funds.

BorgWarner Trading Down 0.4%

Shares of BorgWarner stock opened at $47.71 on Monday. The business has a fifty day simple moving average of $45.17 and a 200-day simple moving average of $42.87. BorgWarner Inc. has a fifty-two week low of $24.40 and a fifty-two week high of $48.93. The firm has a market cap of $10.21 billion, a price-to-earnings ratio of 75.73, a price-to-earnings-growth ratio of 0.96 and a beta of 1.06. The company has a quick ratio of 1.69, a current ratio of 2.05 and a debt-to-equity ratio of 0.63.

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. The business had revenue of $3.59 billion during the quarter, compared to the consensus estimate of $3.58 billion. BorgWarner had a return on equity of 16.72% and a net margin of 0.94%.BorgWarner’s revenue was up 4.1% compared to the same quarter last year. During the same period in the prior year, the business posted $1.09 earnings per share. BorgWarner has set its FY 2025 guidance at 4.600-4.750 EPS. On average, equities analysts forecast that BorgWarner Inc. will post 4.28 EPS for the current fiscal year.

BorgWarner Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 1st were paid a $0.17 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.4%. BorgWarner’s dividend payout ratio is 107.94%.

Analysts Set New Price Targets

BWA has been the topic of a number of research reports. Wells Fargo & Company dropped their price target on BorgWarner from $54.00 to $52.00 and set an “overweight” rating on the stock in a research report on Tuesday, December 9th. Weiss Ratings reiterated a “hold (c)” rating on shares of BorgWarner in a research report on Wednesday. UBS Group boosted their target price on shares of BorgWarner from $46.00 to $49.00 and gave the company a “neutral” rating in a research note on Wednesday, January 14th. Piper Sandler restated a “neutral” rating and issued a $51.00 price target (down previously from $52.00) on shares of BorgWarner in a research note on Thursday, January 8th. Finally, JPMorgan Chase & Co. boosted their price objective on BorgWarner from $45.00 to $53.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Eight investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $47.31.

Insiders Place Their Bets

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