BorgWarner Inc. (NYSE:BWA) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of BorgWarner Inc. (NYSE:BWA) have received a consensus rating of “Moderate Buy” from the seventeen ratings firms that are covering the stock, MarketBeat reports. Six investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $46.0769.

BWA has been the topic of several recent analyst reports. Evercore ISI lifted their price target on shares of BorgWarner from $50.00 to $53.00 and gave the company an “outperform” rating in a report on Monday, November 24th. Robert W. Baird set a $54.00 target price on shares of BorgWarner in a research report on Friday, October 31st. Baird R W upgraded shares of BorgWarner from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, September 3rd. Barclays increased their price target on shares of BorgWarner from $45.00 to $55.00 and gave the stock an “overweight” rating in a research note on Friday, October 10th. Finally, Morgan Stanley lifted their price objective on BorgWarner from $40.00 to $42.00 and gave the company an “overweight” rating in a research report on Tuesday, August 12th.

BorgWarner Stock Down 0.1%

Shares of NYSE:BWA opened at $43.19 on Thursday. The stock’s 50-day moving average is $43.50 and its 200 day moving average is $39.58. The company has a market cap of $9.24 billion, a PE ratio of 68.55, a P/E/G ratio of 1.04 and a beta of 1.06. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.05 and a quick ratio of 1.69. BorgWarner has a 1 year low of $24.40 and a 1 year high of $46.39.

BorgWarner (NYSE:BWA) last released its quarterly earnings data on Thursday, October 30th. 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 return on equity of 16.72% and a net margin of 0.94%.The business had revenue of $3.59 billion during the quarter, compared to analysts’ expectations of $3.58 billion. During the same quarter last year, the business posted $1.09 EPS. The business’s revenue was up 4.1% on a year-over-year basis. BorgWarner has set its FY 2025 guidance at 4.600-4.750 EPS. Sell-side analysts anticipate that BorgWarner will post 4.28 EPS for the current year.

BorgWarner Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Monday, December 1st will be paid a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Monday, December 1st. BorgWarner’s dividend payout ratio is presently 107.94%.

Insiders Place Their Bets

In related news, VP Stefan Demmerle sold 15,000 shares of BorgWarner stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $45.52, for a total transaction of $682,800.00. Following the completion of the transaction, the vice president directly owned 209,040 shares of the company’s stock, valued at $9,515,500.80. This trade represents a 6.70% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Isabelle Mckenzie sold 3,200 shares of the business’s stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $44.23, for a total transaction of $141,536.00. Following the sale, the vice president directly owned 43,555 shares in the company, valued at $1,926,437.65. The trade was a 6.84% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 23,200 shares of company stock valued at $1,054,336. 0.63% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On BorgWarner

Several large investors have recently made changes to their positions in BWA. Vanguard Group Inc. grew its stake in shares of BorgWarner by 2.5% in the 3rd quarter. Vanguard Group Inc. now owns 27,578,374 shares of the auto parts company’s stock worth $1,212,345,000 after buying an additional 667,788 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in BorgWarner by 1.3% in the third quarter. Dimensional Fund Advisors LP now owns 11,782,629 shares of the auto parts company’s stock worth $517,960,000 after acquiring an additional 155,871 shares in the last quarter. State Street Corp grew its stake in shares of BorgWarner by 5.3% in the second quarter. State Street Corp now owns 7,633,760 shares of the auto parts company’s stock worth $255,578,000 after acquiring an additional 380,942 shares during the last quarter. AQR Capital Management LLC grew its stake in shares of BorgWarner by 119.7% in the third quarter. AQR Capital Management LLC now owns 7,518,776 shares of the auto parts company’s stock worth $330,525,000 after acquiring an additional 4,095,902 shares during the last quarter. Finally, LSV Asset Management raised its position in shares of BorgWarner by 4.7% in the 3rd quarter. LSV Asset Management now owns 6,043,654 shares of the auto parts company’s stock worth $265,679,000 after purchasing an additional 272,387 shares during the last quarter. 95.67% of the stock is currently owned by hedge funds and other institutional investors.

BorgWarner Company Profile

BorgWarner Inc, together with its subsidiaries, provides solutions for combustion, hybrid, and electric vehicles worldwide. It offers turbochargers, eBoosters, eTurbos, timing systems, emissions systems, thermal systems, gasoline ignition technology, smart remote actuators, powertrain sensors, cabin heaters, battery modules and systems, battery heaters, and battery charging.