BorgWarner Inc. $BWA Shares Sold by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL reduced its position in BorgWarner Inc. (NYSE:BWA) by 73.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 143,665 shares of the auto parts company’s stock after selling 395,464 shares during the period. Tudor Investment Corp ET AL’s holdings in BorgWarner were worth $6,316,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Acadian Asset Management LLC boosted its holdings in BorgWarner by 23.7% in the first quarter. Acadian Asset Management LLC now owns 8,979 shares of the auto parts company’s stock valued at $257,000 after purchasing an additional 1,723 shares during the last quarter. Sivia Capital Partners LLC purchased a new position in shares of BorgWarner during the 2nd quarter valued at approximately $339,000. Creative Planning grew its position in shares of BorgWarner by 53.0% during the second quarter. Creative Planning now owns 37,110 shares of the auto parts company’s stock worth $1,242,000 after buying an additional 12,855 shares in the last quarter. Intech Investment Management LLC bought a new stake in shares of BorgWarner in the second quarter worth $1,009,000. Finally, TD Waterhouse Canada Inc. raised its holdings in BorgWarner by 7,600.0% in the second quarter. TD Waterhouse Canada Inc. now owns 1,925 shares of the auto parts company’s stock valued at $67,000 after acquiring an additional 1,900 shares in the last quarter. 95.67% of the stock is currently owned by institutional investors and hedge funds.

BorgWarner Stock Up 1.7%

BWA stock opened at $55.02 on Wednesday. The stock has a market cap of $11.34 billion, a PE ratio of 44.02, a price-to-earnings-growth ratio of 1.10 and a beta of 1.04. The firm’s 50-day simple moving average is $53.44 and its 200 day simple moving average is $47.43. BorgWarner Inc. has a fifty-two week low of $24.40 and a fifty-two week high of $70.08. The company has a quick ratio of 1.70, a current ratio of 2.07 and a debt-to-equity ratio of 0.69.

BorgWarner (NYSE:BWA) last posted its earnings results on Wednesday, February 11th. The auto parts company reported $1.35 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 firm had revenue of $3.57 billion during the quarter, compared to analysts’ expectations of $3.49 billion. During the same quarter in the prior year, the firm earned $1.01 EPS. BorgWarner’s quarterly revenue 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, sell-side analysts predict that BorgWarner Inc. will post 4.28 EPS for the current year.

BorgWarner Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 2nd were issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Monday, March 2nd. BorgWarner’s dividend payout ratio is 54.40%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of BorgWarner in a report on Wednesday, January 21st. New Street Research set a $66.00 target price on shares of BorgWarner in a research note on Thursday, February 12th. Barclays increased their price target 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. JPMorgan Chase & Co. lifted their price target on BorgWarner from $56.00 to $76.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. Finally, Morgan Stanley set a $60.00 price objective on BorgWarner in a research note on Thursday, February 12th. Seven analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, BorgWarner currently has an average rating of “Moderate Buy” and a consensus target price of $63.42.

Insider Transactions at BorgWarner

In other news, EVP Tania Wingfield sold 17,867 shares of the stock in a transaction on Friday, February 13th. The stock was sold at an average price of $63.43, for a total value of $1,133,303.81. Following the completion of the transaction, the executive vice president owned 45,429 shares of the company’s stock, valued at approximately $2,881,561.47. This represents a 28.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Paul Arthur Farrell sold 12,012 shares of the firm’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $52.31, for a total value of $628,347.72. Following the transaction, the executive vice president directly owned 38,238 shares in the company, valued at $2,000,229.78. This trade represents a 23.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 78,083 shares of company stock worth $4,638,585 over the last quarter. Insiders own 0.63% of the company’s stock.

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.