BorgWarner Inc. $BWA Shares Purchased by Bank of New York Mellon Corp

Bank of New York Mellon Corp raised its position in shares of BorgWarner Inc. (NYSE:BWA) by 0.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,802,751 shares of the auto parts company’s stock after buying an additional 13,442 shares during the quarter. Bank of New York Mellon Corp’s holdings in BorgWarner were worth $81,232,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of BWA. AQR Capital Management LLC raised its stake in BorgWarner by 119.7% during the third quarter. AQR Capital Management LLC now owns 7,518,776 shares of the auto parts company’s stock valued at $330,525,000 after buying an additional 4,095,902 shares in the last quarter. Norges Bank acquired a new stake in BorgWarner during the fourth quarter valued at approximately $156,794,000. Adage Capital Partners GP L.L.C. raised its stake in BorgWarner by 233.6% during the second quarter. Adage Capital Partners GP L.L.C. now owns 1,111,000 shares of the auto parts company’s stock valued at $37,196,000 after buying an additional 778,000 shares in the last quarter. Electron Capital Partners LLC acquired a new stake in BorgWarner during the third quarter valued at approximately $31,820,000. Finally, Robeco Institutional Asset Management B.V. raised its stake in BorgWarner by 64.9% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,835,337 shares of the auto parts company’s stock valued at $82,700,000 after buying an additional 722,356 shares in the last quarter. Institutional investors and hedge funds own 95.67% of the company’s stock.

Insider Transactions at BorgWarner

In related news, CEO Joseph F. Fadool sold 29,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $67.31, for a total value of $1,951,990.00. Following the sale, the chief executive officer directly owned 405,964 shares in the company, valued at $27,325,436.84. This trade represents a 6.67% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Paul Arthur Farrell sold 12,012 shares of the firm’s stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $52.31, for a total value of $628,347.72. Following the completion of the sale, the executive vice president owned 38,238 shares in the company, valued at approximately $2,000,229.78. This represents a 23.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 79,512 shares of company stock worth $4,938,463 over the last quarter. Insiders own 0.76% of the company’s stock.

BorgWarner Stock Up 4.5%

Shares of BorgWarner stock opened at $75.91 on Tuesday. The company has a current ratio of 2.13, a quick ratio of 1.75 and a debt-to-equity ratio of 0.69. The business’s 50 day simple moving average is $60.62 and its 200-day simple moving average is $53.55. The stock has a market capitalization of $15.57 billion, a price-to-earnings ratio of 44.92, a PEG ratio of 1.39 and a beta of 1.07. BorgWarner Inc. has a twelve month low of $32.24 and a twelve month high of $78.82.

BorgWarner (NYSE:BWA) last announced its quarterly earnings results on Wednesday, May 6th. The auto parts company reported $1.24 earnings per share for the quarter, topping analysts’ consensus estimates of $1.16 by $0.08. The business had revenue of $3.53 billion for the quarter, compared to analysts’ expectations of $3.50 billion. BorgWarner had a return on equity of 18.36% and a net margin of 2.53%.The business’s quarterly revenue was up .5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.11 EPS. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. Equities research analysts forecast that BorgWarner Inc. will post 5.18 earnings per share for the current year.

BorgWarner Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be given a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 0.9%. The ex-dividend date is Monday, June 1st. BorgWarner’s dividend payout ratio (DPR) is currently 40.24%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Morgan Stanley upped their price objective on BorgWarner from $60.00 to $67.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 27th. Bank of America assumed coverage on BorgWarner in a research note on Wednesday, March 4th. They set a “neutral” rating on the stock. Evercore restated an “outperform” rating and set a $75.00 price objective on shares of BorgWarner in a research note on Tuesday, February 17th. New Street Research set a $66.00 price objective on BorgWarner in a research note on Thursday, February 12th. Finally, JPMorgan Chase & Co. increased their price target on BorgWarner from $73.00 to $75.00 and gave the stock an “overweight” rating in a research report on Thursday, May 14th. Seven equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $71.14.

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.