American Century Companies Inc. trimmed its holdings in shares of BorgWarner Inc. (NYSE:BWA – Free Report) by 12.9% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 3,287,386 shares of the auto parts company’s stock after selling 487,442 shares during the quarter. American Century Companies Inc.’s holdings in BorgWarner were worth $144,514,000 as of its most recent SEC filing.
A number of other large investors have also made changes to their positions in BWA. Root Financial Partners LLC acquired a new position in shares of BorgWarner during the third quarter valued at about $27,000. Addison Advisors LLC increased its holdings in BorgWarner by 1,647.8% in 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 in the last quarter. Assetmark Inc. increased its position in shares of BorgWarner by 81.8% during the second quarter. Assetmark Inc. now owns 809 shares of the auto parts company’s stock worth $27,000 after purchasing an additional 364 shares in the last quarter. Mather Group LLC. acquired a new stake in shares of BorgWarner in the third quarter valued at approximately $41,000. Finally, Twin Peaks Wealth Advisors LLC acquired a new position in shares of BorgWarner in the 2nd quarter valued at $32,000. 95.67% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
BWA has been the subject of several analyst reports. Robert W. Baird set a $76.00 price target on BorgWarner in a research note on Thursday, February 12th. Weiss Ratings restated a “hold (c)” rating on shares of BorgWarner in a report on Wednesday, January 21st. The Goldman Sachs Group increased their price target on shares of BorgWarner from $54.00 to $78.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. UBS Group cut BorgWarner from a “neutral” rating to a “sell” rating and lifted their price target for the company from $49.00 to $55.00 in a report on Friday, February 20th. Finally, JPMorgan Chase & Co. raised their target price on shares of BorgWarner from $56.00 to $76.00 and gave the company an “overweight” rating in a research note on Thursday, February 12th. Eight analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $59.14.
Insider Transactions at BorgWarner
In other BorgWarner news, VP Isabelle Mckenzie sold 2,458 shares of the company’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $61.54, for a total value of $151,265.32. Following the completion of the sale, the vice president directly owned 66,351 shares of the company’s stock, valued at approximately $4,083,240.54. This represents a 3.57% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Tania Wingfield sold 17,867 shares of BorgWarner stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $63.43, for a total transaction of $1,133,303.81. Following the completion of the transaction, the executive vice president owned 45,429 shares in the company, valued at approximately $2,881,561.47. This trade represents a 28.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 49,550 shares of company stock valued at $3,156,141. Company insiders own 0.63% of the company’s stock.
BorgWarner Trading Down 0.6%
NYSE BWA opened at $57.54 on Monday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.70 and a current ratio of 2.07. BorgWarner Inc. has a one year low of $24.40 and a one year high of $70.08. The company has a 50-day simple moving average of $51.26 and a 200-day simple moving average of $46.21. The firm has a market capitalization of $11.91 billion, a PE ratio of 46.03, a price-to-earnings-growth ratio of 1.16 and a beta of 1.04.
BorgWarner (NYSE:BWA – Get Free Report) last issued its earnings results on Wednesday, February 11th. The auto parts company reported $1.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $3.49 billion. During the same quarter last year, the company posted $1.01 earnings per share. BorgWarner’s revenue was up 3.9% on a year-over-year basis. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. On average, equities analysts forecast that BorgWarner Inc. will post 4.28 earnings per share for the current year.
BorgWarner Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be given a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 1.2%. The ex-dividend date is Monday, March 2nd. BorgWarner’s dividend payout ratio (DPR) is currently 54.40%.
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.
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