Cambria Investment Management L.P. Sells 20,197 Shares of BorgWarner Inc. $BWA

Cambria Investment Management L.P. trimmed its stake in shares of BorgWarner Inc. (NYSE:BWA) by 6.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 285,092 shares of the auto parts company’s stock after selling 20,197 shares during the period. BorgWarner comprises about 0.7% of Cambria Investment Management L.P.’s portfolio, making the stock its 15th largest position. Cambria Investment Management L.P. owned about 0.13% of BorgWarner worth $12,533,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in shares of BorgWarner by 7.8% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 56,411 shares of the auto parts company’s stock valued at $1,889,000 after purchasing an additional 4,078 shares in the last quarter. CWM LLC grew its holdings in shares of BorgWarner by 218.3% during the third quarter. CWM LLC now owns 235,861 shares of the auto parts company’s stock worth $10,368,000 after buying an additional 161,755 shares in the last quarter. Jackson Creek Investment Advisors LLC bought a new position in shares of BorgWarner during the third quarter worth about $1,876,000. Columbia Bank acquired a new stake in BorgWarner in the 2nd quarter valued at approximately $239,000. Finally, Ritholtz Wealth Management acquired a new stake in BorgWarner in the 3rd quarter valued at approximately $1,016,000. 95.67% of the stock is owned by institutional investors.

BorgWarner Price Performance

Shares of NYSE BWA opened at $52.09 on Thursday. The company has a quick ratio of 1.70, a current ratio of 2.07 and a debt-to-equity ratio of 0.69. The business’s 50 day moving average price is $53.00 and its two-hundred day moving average price is $47.12. The company has a market cap of $10.79 billion, a PE ratio of 41.67, a price-to-earnings-growth ratio of 1.07 and a beta of 1.04. BorgWarner Inc. has a twelve month low of $24.40 and a twelve month high of $70.08.

BorgWarner (NYSE:BWA) last released its quarterly earnings data on Wednesday, February 11th. The auto parts company reported $1.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.16 by $0.19. The company had revenue of $3.57 billion during the quarter, compared to analysts’ expectations of $3.49 billion. BorgWarner had a return on equity of 17.89% and a net margin of 1.93%.The business’s revenue was up 3.9% on a year-over-year basis. During the same period last year, the firm posted $1.01 earnings per share. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. On average, analysts predict that BorgWarner Inc. will post 4.28 EPS for the current year.

BorgWarner Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Monday, March 2nd. BorgWarner’s payout ratio is 54.40%.

Analyst Ratings Changes

A number of research firms have weighed in on BWA. Piper Sandler reaffirmed a “neutral” rating and set a $51.00 price target (down from $52.00) on shares of BorgWarner in a research report on Thursday, January 8th. Morgan Stanley set a $60.00 price objective on shares of BorgWarner in a report on Thursday, February 12th. Bank of America started coverage on shares of BorgWarner in a research report on Wednesday, March 4th. They issued a “neutral” rating on the stock. Evercore restated an “outperform” rating and set a $75.00 target price on shares of BorgWarner in a report on Tuesday, February 17th. 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 report 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. According to data from MarketBeat.com, BorgWarner currently has an average rating of “Moderate Buy” and a consensus price target of $63.42.

Insider Activity

In other news, VP Isabelle Mckenzie sold 3,500 shares of the firm’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $63.26, for a total transaction of $221,410.00. Following the completion of the sale, the vice president owned 68,809 shares in the company, valued at approximately $4,352,857.34. This trade represents a 4.84% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Tonit M. Calaway sold 16,000 shares of BorgWarner stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $65.08, for a total transaction of $1,041,280.00. Following the sale, the executive vice president directly owned 240,251 shares of the company’s stock, valued at $15,635,535.08. The trade was a 6.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 78,083 shares of company stock valued at $4,638,585. 0.45% of the stock is owned by company 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.