Cambiar Investors LLC Has $8.38 Million Stock Position in BorgWarner Inc. $BWA

Cambiar Investors LLC reduced its stake in BorgWarner Inc. (NYSE:BWA) by 36.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 190,542 shares of the auto parts company’s stock after selling 107,723 shares during the period. Cambiar Investors LLC owned about 0.09% of BorgWarner worth $8,376,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd increased its stake in shares of BorgWarner by 1,133.3% in the second quarter. Caitong International Asset Management Co. Ltd now owns 777 shares of the auto parts company’s stock valued at $26,000 after buying an additional 714 shares during the period. Assetmark Inc. grew its holdings in BorgWarner by 81.8% during the 2nd quarter. Assetmark Inc. now owns 809 shares of the auto parts company’s stock worth $27,000 after acquiring an additional 364 shares during the last quarter. Addison Advisors LLC grew its holdings in BorgWarner by 1,647.8% during the 2nd quarter. Addison Advisors LLC now owns 804 shares of the auto parts company’s stock worth $27,000 after acquiring an additional 758 shares during the last quarter. Root Financial Partners LLC bought a new position in shares of BorgWarner during the third quarter valued at $27,000. Finally, Twin Peaks Wealth Advisors LLC bought a new position in shares of BorgWarner during the second quarter valued at $32,000. 95.67% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

BWA has been the subject of a number of recent research reports. Zacks Research downgraded BorgWarner from a “strong-buy” rating to a “hold” rating in a report on Monday, October 13th. Barclays increased their price target on BorgWarner from $45.00 to $55.00 and gave the company an “overweight” rating in a research note on Friday, October 10th. Piper Sandler restated a “neutral” rating and set a $51.00 price objective (down from $52.00) on shares of BorgWarner in a research report on Thursday, January 8th. JPMorgan Chase & Co. upped their target price on BorgWarner from $45.00 to $53.00 and gave the company an “overweight” rating in a report on Monday, October 20th. Finally, UBS Group raised their price target on shares of BorgWarner from $46.00 to $49.00 and gave the stock a “neutral” rating in a report on Wednesday, January 14th. Eight investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, BorgWarner has a consensus rating of “Moderate Buy” and an average price target of $47.31.

BorgWarner Stock Up 1.4%

Shares of BorgWarner stock opened at $48.43 on Wednesday. The stock’s 50-day moving average is $45.35 and its 200 day moving average is $43.05. BorgWarner Inc. has a one year low of $24.40 and a one year high of $48.93. The firm has a market cap of $10.36 billion, a price-to-earnings ratio of 76.87, a PEG ratio of 0.96 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 (NYSE:BWA) last issued its quarterly earnings results on Thursday, October 30th. The auto parts company reported $1.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.08. The firm had revenue of $3.59 billion for the quarter, compared to analyst estimates of $3.58 billion. BorgWarner had a return on equity of 16.72% and a net margin of 0.94%.The company’s revenue was up 4.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.09 earnings per share. BorgWarner has set its FY 2025 guidance at 4.600-4.750 EPS. Equities research analysts anticipate that BorgWarner Inc. will post 4.28 EPS for the current year.

BorgWarner Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 1st were paid a dividend of $0.17 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a $0.68 annualized dividend and a yield of 1.4%. BorgWarner’s dividend payout ratio is currently 107.94%.

Insider Buying and Selling at BorgWarner

In other BorgWarner news, VP Stefan Demmerle sold 15,000 shares of the firm’s stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $45.52, for a total value of $682,800.00. Following the completion of the sale, the vice president directly owned 209,040 shares in the company, valued at approximately $9,515,500.80. This trade represents a 6.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Isabelle Mckenzie sold 3,200 shares of BorgWarner stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $44.23, for a total transaction of $141,536.00. Following the completion of the sale, the vice president directly owned 43,555 shares of the company’s stock, valued at approximately $1,926,437.65. This trade represents a 6.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 23,200 shares of company stock worth $1,054,336. 0.63% of the stock is owned by insiders.

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.