Cookson Peirce & Co. Inc. Purchases 13,633 Shares of BorgWarner Inc. $BWA

Cookson Peirce & Co. Inc. increased its position in shares of BorgWarner Inc. (NYSE:BWA) by 7.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 193,478 shares of the auto parts company’s stock after acquiring an additional 13,633 shares during the quarter. Cookson Peirce & Co. Inc. owned about 0.09% of BorgWarner worth $8,718,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Sound Income Strategies LLC raised its stake in shares of BorgWarner by 9,888.9% during the 4th quarter. Sound Income Strategies LLC now owns 899 shares of the auto parts company’s stock worth $42,000 after acquiring an additional 890 shares in the last quarter. Torren Management LLC bought a new position in shares of BorgWarner during the 4th quarter worth approximately $48,000. Olistico Wealth LLC bought a new position in shares of BorgWarner during the 4th quarter worth approximately $50,000. Hantz Financial Services Inc. raised its stake in shares of BorgWarner by 32.7% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,470 shares of the auto parts company’s stock worth $65,000 after acquiring an additional 362 shares in the last quarter. Finally, Atlantic Union Bankshares Corp bought a new position in shares of BorgWarner during the 3rd quarter worth approximately $70,000. Institutional investors own 95.67% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on BWA. Robert W. Baird set a $76.00 price objective on shares of BorgWarner in a research note on Thursday, February 12th. TD Cowen upped their price target on shares of BorgWarner from $66.00 to $67.00 and gave the company a “hold” rating in a research note on Thursday, May 7th. Wall Street Zen lowered shares of BorgWarner from a “buy” rating to a “hold” rating in a research note on Saturday. Bank of America began coverage on shares of BorgWarner in a research note on Wednesday, March 4th. They set a “neutral” rating on the stock. Finally, UBS Group upped their price target on shares of BorgWarner from $56.00 to $61.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Seven investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, BorgWarner presently has a consensus rating of “Moderate Buy” and an average price target of $71.14.

Insider Transactions at BorgWarner

In other news, CEO Joseph F. Fadool sold 29,000 shares of the stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $67.31, for a total value of $1,951,990.00. Following the sale, the chief executive officer owned 405,964 shares in the company, valued at $27,325,436.84. This represents a 6.67% 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, VP Isabelle Mckenzie sold 3,500 shares of the stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $63.35, for a total transaction of $221,725.00. Following the completion of the sale, the vice president owned 57,828 shares in the company, valued at $3,663,403.80. The trade was a 5.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 96,033 shares of company stock valued at $5,792,558. 0.76% of the stock is owned by corporate insiders.

BorgWarner Trading Down 5.6%

Shares of BorgWarner stock opened at $72.72 on Friday. The company has a current ratio of 2.13, a quick ratio of 1.75 and a debt-to-equity ratio of 0.69. BorgWarner Inc. has a 12-month low of $32.22 and a 12-month high of $78.82. The firm has a market capitalization of $14.92 billion, a price-to-earnings ratio of 43.03, a PEG ratio of 1.39 and a beta of 1.07. The firm’s 50 day simple moving average is $60.20 and its two-hundred day simple moving average is $53.25.

BorgWarner (NYSE:BWA) last issued its quarterly earnings results on Wednesday, May 6th. The auto parts company reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $3.50 billion. During the same quarter in the prior year, the business posted $1.11 EPS. BorgWarner’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. Analysts predict that BorgWarner Inc. will post 5.18 EPS for the current year.

BorgWarner Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be paid a $0.17 dividend. The ex-dividend date is Monday, June 1st. This represents a $0.68 dividend on an annualized basis and a dividend yield of 0.9%. BorgWarner’s dividend payout ratio is presently 40.24%.

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.