BorgWarner Inc. (NYSE:BWA – Get Free Report) has been assigned an average recommendation of “Moderate Buy” from the fourteen brokerages that are covering the firm, MarketBeat reports. Seven investment analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $68.1429.
Several research firms recently weighed in on BWA. Barclays boosted their price target on shares of BorgWarner from $70.00 to $75.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. JPMorgan Chase & Co. boosted their price target on shares of BorgWarner from $73.00 to $75.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. New Street Research set a $66.00 price target on shares of BorgWarner in a report on Thursday, February 12th. Deutsche Bank Aktiengesellschaft set a $81.00 price target on shares of BorgWarner in a report on Tuesday, April 21st. Finally, Morgan Stanley boosted their price target on shares of BorgWarner from $60.00 to $67.00 and gave the stock an “equal weight” rating in a report on Wednesday.
Get Our Latest Research Report on BorgWarner
BorgWarner Trading Up 3.7%
BorgWarner (NYSE:BWA – Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The auto parts company reported $1.24 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.08. BorgWarner had a net margin of 2.53% and a return on equity of 18.36%. The business had revenue of $3.53 billion for the quarter, compared to analysts’ expectations of $3.50 billion. During the same period in the previous year, the company earned $1.11 earnings per share. The firm’s revenue for the quarter was up .5% compared to the same quarter last year. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. As a group, equities research analysts expect that BorgWarner will post 5.16 EPS for the current fiscal year.
BorgWarner Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Monday, June 1st. BorgWarner’s payout ratio is presently 40.24%.
Insider Transactions at BorgWarner
In other BorgWarner news, VP Stefan Demmerle sold 20,000 shares of the business’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $59.26, for a total value of $1,185,200.00. Following the transaction, the vice president directly owned 213,746 shares in the company, valued at $12,666,587.96. The trade was a 8.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Tania Wingfield sold 5,000 shares of the business’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $63.24, for a total transaction of $316,200.00. Following the completion of the transaction, the executive vice president owned 35,365 shares in the company, valued at approximately $2,236,482.60. The trade was a 12.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 96,033 shares of company stock valued at $5,792,558. Corporate insiders own 0.76% of the company’s stock.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BWA. Acadian Asset Management LLC boosted its stake 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 acquiring an additional 1,723 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in shares of BorgWarner during the 2nd quarter valued at approximately $339,000. EverSource Wealth Advisors LLC lifted its stake in shares of BorgWarner by 400.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 5,531 shares of the auto parts company’s stock valued at $185,000 after buying an additional 4,426 shares in the last quarter. Marshall Wace LLP purchased a new stake in shares of BorgWarner during the 2nd quarter valued at approximately $247,000. Finally, Cerity Partners LLC lifted its stake in shares of BorgWarner by 30.2% during the 2nd quarter. Cerity Partners LLC now owns 143,841 shares of the auto parts company’s stock valued at $4,816,000 after buying an additional 33,362 shares in the last quarter. 95.67% of the stock is currently owned by hedge funds and other institutional investors.
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.
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