BorgWarner (NYSE:BWA) Now Covered by Analysts at Bank of America

Stock analysts at Bank of America initiated coverage on shares of BorgWarner (NYSE:BWA) in a research report issued on Wednesday. The firm set a “neutral” rating on the auto parts company’s stock.

Other analysts also recently issued research reports about the stock. Barclays boosted their target price on shares of BorgWarner from $55.00 to $70.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Morgan Stanley set a $60.00 price objective on shares of BorgWarner in a research note on Thursday, February 12th. UBS Group lowered shares of BorgWarner from a “neutral” rating to a “sell” rating and boosted their price objective for the company from $49.00 to $55.00 in a report on Friday, February 20th. Piper Sandler restated a “neutral” rating and issued a $51.00 target price (down from $52.00) on shares of BorgWarner in a research note on Thursday, January 8th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of BorgWarner in a research report on Wednesday, January 21st. Eight research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $59.14.

BorgWarner Stock Up 0.1%

BWA traded up $0.08 on Wednesday, hitting $54.20. The company had a trading volume of 348,991 shares, compared to its average volume of 3,101,767. The stock has a fifty day moving average price of $51.65 and a 200-day moving average price of $46.40. BorgWarner has a 12-month low of $24.40 and a 12-month high of $70.08. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.70 and a current ratio of 2.07. The stock has a market capitalization of $11.22 billion, a price-to-earnings ratio of 43.36, a P/E/G ratio of 1.12 and a beta of 1.04.

BorgWarner (NYSE:BWA) last released its quarterly earnings results 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 net margin of 1.93% and a return on equity of 17.89%. The business had revenue of $3.57 billion for the quarter, compared to analyst estimates of $3.49 billion. During the same period in the previous year, the company earned $1.01 earnings per share. The business’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. Analysts predict that BorgWarner will post 4.28 EPS for the current fiscal year.

Insider Activity at BorgWarner

In related news, EVP Tonit M. Calaway sold 16,000 shares of the stock in a transaction on Friday, February 13th. The shares were sold at an average price of $65.08, for a total transaction of $1,041,280.00. Following the sale, the executive vice president directly owned 240,251 shares of the company’s stock, valued at approximately $15,635,535.08. This represents a 6.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, VP Isabelle Mckenzie sold 3,500 shares of BorgWarner stock in a transaction on Friday, February 13th. The shares were sold at an average price of $63.26, for a total transaction of $221,410.00. Following the completion of the transaction, the vice president directly owned 68,809 shares of the company’s stock, valued at $4,352,857.34. The trade was a 4.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 49,550 shares of company stock worth $3,156,141. 0.63% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On BorgWarner

Institutional investors have recently modified their holdings of the business. Assetmark Inc. boosted its position in BorgWarner by 81.8% during the second quarter. Assetmark Inc. now owns 809 shares of the auto parts company’s stock worth $27,000 after purchasing an additional 364 shares in the last quarter. Addison Advisors LLC increased its position in shares of BorgWarner by 1,647.8% in the second quarter. Addison Advisors LLC now owns 804 shares of the auto parts company’s stock valued at $27,000 after buying an additional 758 shares in the last quarter. Root Financial Partners LLC acquired a new position in shares of BorgWarner during the 3rd quarter worth approximately $27,000. Twin Peaks Wealth Advisors LLC purchased a new position in shares of BorgWarner during the 2nd quarter valued at approximately $32,000. Finally, Hantz Financial Services Inc. grew its stake in BorgWarner by 111.9% in the 2nd quarter. Hantz Financial Services Inc. now owns 1,108 shares of the auto parts company’s stock valued at $37,000 after acquiring an additional 585 shares during the period. 95.67% of the stock is currently owned by institutional investors and hedge funds.

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.