BorgWarner Inc. $BWA Shares Acquired by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D raised its stake in shares of BorgWarner Inc. (NYSE:BWA) by 15.2% during the fourth quarter, HoldingsChannel reports. The firm owned 80,358 shares of the auto parts company’s stock after purchasing an additional 10,589 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in BorgWarner were worth $3,621,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of BWA. AQR Capital Management LLC increased its stake in BorgWarner by 119.7% during the 3rd quarter. AQR Capital Management LLC now owns 7,518,776 shares of the auto parts company’s stock valued at $330,525,000 after purchasing an additional 4,095,902 shares in the last quarter. Adage Capital Partners GP L.L.C. increased its stake in BorgWarner by 233.6% during the 2nd quarter. Adage Capital Partners GP L.L.C. now owns 1,111,000 shares of the auto parts company’s stock valued at $37,196,000 after purchasing an additional 778,000 shares in the last quarter. Electron Capital Partners LLC acquired a new position in BorgWarner during the 3rd quarter valued at approximately $31,820,000. Robeco Institutional Asset Management B.V. increased its stake in BorgWarner by 64.9% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,835,337 shares of the auto parts company’s stock valued at $82,700,000 after purchasing an additional 722,356 shares in the last quarter. Finally, Balyasny Asset Management L.P. acquired a new stake in shares of BorgWarner in the second quarter worth $22,590,000. Institutional investors and hedge funds own 95.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Barclays increased their price objective on shares of BorgWarner from $55.00 to $70.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. Wells Fargo & Company cut their price objective on shares of BorgWarner to $68.00 and set an “overweight” rating on the stock in a research note on Tuesday, March 31st. Evercore reiterated an “outperform” rating and issued a $75.00 price objective on shares of BorgWarner in a research note on Tuesday, February 17th. JPMorgan Chase & Co. cut their price objective on shares of BorgWarner to $73.00 and set an “overweight” rating on the stock in a research note on Thursday, April 23rd. Finally, TD Cowen reiterated a “hold” rating on shares of BorgWarner in a research note on Thursday, February 12th. Seven equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $66.77.

BorgWarner Stock Down 0.7%

NYSE:BWA opened at $56.37 on Tuesday. The firm has a market capitalization of $11.61 billion, a P/E ratio of 45.09, a PEG ratio of 1.19 and a beta of 1.00. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.07 and a quick ratio of 1.70. The company’s fifty day moving average price is $54.41 and its 200-day moving average price is $49.52. BorgWarner Inc. has a 1-year low of $28.92 and a 1-year high of $70.08.

BorgWarner (NYSE:BWA) last released its quarterly earnings results on Wednesday, February 11th. The auto parts company reported $1.35 EPS for the quarter, beating the consensus estimate of $1.16 by $0.19. The company had revenue of $3.57 billion for the quarter, compared to analyst estimates of $3.49 billion. BorgWarner had a net margin of 1.93% and a return on equity of 17.89%. The firm’s revenue was up 3.9% on a year-over-year basis. During the same quarter last year, the business earned $1.01 earnings per share. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. As a group, equities research analysts anticipate that BorgWarner Inc. will post 5.14 EPS for the current year.

BorgWarner Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 1.2%. The ex-dividend date is Monday, June 1st. BorgWarner’s dividend payout ratio (DPR) is currently 54.40%.

Insider Activity at BorgWarner

In related news, VP Stefan Demmerle sold 2,500 shares of the firm’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $53.03, for a total transaction of $132,575.00. Following the sale, the vice president owned 233,746 shares in the company, valued at approximately $12,395,550.38. This trade represents a 1.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Tania Wingfield sold 17,867 shares of the firm’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $63.43, for a total transaction of $1,133,303.81. Following the sale, the executive vice president owned 45,429 shares in the company, 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. Insiders have sold 78,083 shares of company stock valued at $4,638,585 in the last quarter. 0.76% of the stock is currently owned by 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.