Hillsdale Investment Management Inc. Purchases New Holdings in BorgWarner Inc. $BWA

Hillsdale Investment Management Inc. bought a new stake in BorgWarner Inc. (NYSE:BWA) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 21,500 shares of the auto parts company’s stock, valued at approximately $945,000.

Several other large investors also recently modified their holdings of the business. Acadian Asset Management LLC grew its holdings in shares of BorgWarner by 23.7% in 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 bought a new stake in BorgWarner in the 2nd quarter valued at about $339,000. Asset Management One Co. Ltd. bought a new position in shares of BorgWarner in the second quarter worth $1,412,000. Caitong International Asset Management Co. Ltd lifted its stake in BorgWarner by 1,133.3% during the second quarter. Caitong International Asset Management Co. Ltd now owns 777 shares of the auto parts company’s stock worth $26,000 after purchasing an additional 714 shares during the last quarter. Finally, Focus Partners Advisor Solutions LLC bought a new stake in shares of BorgWarner during the 2nd quarter valued at approximately $455,000. 95.67% of the stock is currently owned by institutional investors.

BorgWarner Trading Down 1.3%

BorgWarner stock opened at $58.16 on Tuesday. The company has a current ratio of 2.07, a quick ratio of 1.70 and a debt-to-equity ratio of 0.69. The firm has a 50 day moving average of $50.17 and a 200 day moving average of $45.68. BorgWarner Inc. has a 12-month low of $24.40 and a 12-month high of $70.08. The firm has a market capitalization of $12.04 billion, a price-to-earnings ratio of 46.53, a P/E/G ratio of 1.18 and a beta of 1.09.

BorgWarner (NYSE:BWA) last issued its quarterly earnings data on Wednesday, February 11th. The auto parts company reported $1.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.19. BorgWarner had a return on equity of 17.89% and a net margin of 1.93%.The business had revenue of $3.57 billion for the quarter, compared to analysts’ expectations of $3.49 billion. During the same period in the prior year, the firm earned $1.01 EPS. The company’s revenue for the quarter was up 3.9% on a year-over-year basis. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. As a group, research analysts predict that BorgWarner Inc. will post 4.28 earnings per share for the current year.

BorgWarner Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be given a dividend of $0.17 per share. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $0.68 dividend on an annualized basis and a yield of 1.2%. BorgWarner’s dividend payout ratio (DPR) is 54.40%.

Insider Activity

In other news, VP Isabelle Mckenzie sold 3,500 shares of the company’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $63.26, for a total transaction of $221,410.00. Following the transaction, the vice president owned 68,809 shares in the company, valued at $4,352,857.34. This represents a 4.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Tania Wingfield sold 17,867 shares of the firm’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $63.43, for a total transaction of $1,133,303.81. Following the completion of the transaction, the executive vice president directly owned 45,429 shares of the company’s stock, valued at approximately $2,881,561.47. This represents a 28.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 49,550 shares of company stock worth $3,156,141. 0.63% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts have weighed in on BWA shares. Piper Sandler reissued a “neutral” rating and set a $51.00 target price (down previously from $52.00) on shares of BorgWarner in a research report on Thursday, January 8th. Morgan Stanley set a $60.00 target price on shares of BorgWarner in a research report on Thursday, February 12th. New Street Research set a $66.00 price target on BorgWarner in a research report on Thursday, February 12th. TD Cowen reissued a “hold” rating on shares of BorgWarner in a report on Thursday, February 12th. Finally, Barclays raised their price target on BorgWarner from $55.00 to $70.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Eight equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, BorgWarner has a consensus rating of “Hold” and a consensus target price of $59.14.

About BorgWarner

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.