BorgWarner Inc. $BWA Shares Sold by Black Creek Investment Management Inc.

Black Creek Investment Management Inc. decreased its holdings in BorgWarner Inc. (NYSE:BWA) by 18.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,000 shares of the auto parts company’s stock after selling 13,000 shares during the quarter. BorgWarner comprises about 0.1% of Black Creek Investment Management Inc.’s portfolio, making the stock its 22nd biggest position. Black Creek Investment Management Inc.’s holdings in BorgWarner were worth $2,568,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Sound Income Strategies LLC boosted its position in shares of BorgWarner by 9,888.9% in the 4th quarter. Sound Income Strategies LLC now owns 899 shares of the auto parts company’s stock worth $42,000 after purchasing an additional 890 shares in the last quarter. Torren Management LLC acquired a new stake in shares of BorgWarner in the 4th quarter worth $48,000. Olistico Wealth LLC acquired a new stake in shares of BorgWarner in the 4th quarter worth $50,000. UMB Bank n.a. boosted its position in shares of BorgWarner by 28.1% in the 4th quarter. UMB Bank n.a. now owns 1,709 shares of the auto parts company’s stock worth $77,000 after purchasing an additional 375 shares in the last quarter. Finally, Eurizon Capital SGR S.p.A. acquired a new stake in shares of BorgWarner in the 4th quarter worth $116,000. Institutional investors and hedge funds own 95.67% of the company’s stock.

Analysts Set New Price Targets

Several analysts have weighed in on BWA shares. Evercore reiterated an “outperform” rating and set a $75.00 price target on shares of BorgWarner in a research note on Tuesday, February 17th. Wells Fargo & Company boosted their price target on BorgWarner from $68.00 to $83.00 and gave the company an “overweight” rating in a research note on Tuesday, June 2nd. Bank of America started coverage on BorgWarner in a research note on Wednesday, March 4th. They set a “neutral” rating on the stock. Deutsche Bank Aktiengesellschaft set a $81.00 price target on BorgWarner in a research note on Tuesday, April 21st. Finally, Sanford C. Bernstein upgraded BorgWarner to a “buy” rating in a research note on Wednesday. Nine analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $74.00.

BorgWarner Stock Down 0.3%

BorgWarner stock opened at $74.61 on Friday. The company has a market cap of $15.30 billion, a PE ratio of 44.15, a PEG ratio of 1.43 and a beta of 1.07. The business’s 50-day simple moving average is $62.20 and its two-hundred day simple moving average is $54.34. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.75 and a current ratio of 2.13. BorgWarner Inc. has a fifty-two week low of $32.24 and a fifty-two week high of $78.82.

BorgWarner (NYSE:BWA) last issued its quarterly earnings data on Wednesday, May 6th. 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 business had revenue of $3.53 billion during 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 company’s revenue for the quarter was up .5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.11 EPS. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. Equities analysts anticipate that BorgWarner Inc. will post 5.18 EPS for the current year.

BorgWarner Announces Dividend

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

Insider Buying and Selling

In other news, EVP Tania Wingfield sold 5,000 shares of the business’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $63.24, for a total value of $316,200.00. Following the completion of the transaction, the executive vice president owned 35,365 shares of the company’s stock, valued at $2,236,482.60. The trade was a 12.39% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Isabelle Mckenzie sold 3,500 shares of the business’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $63.35, for a total value of $221,725.00. Following the completion of the transaction, the vice president directly owned 57,828 shares of the company’s stock, valued at approximately $3,663,403.80. This trade represents a 5.71% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 67,500 shares of company stock worth $4,310,115. Corporate insiders own 0.76% of the company’s stock.

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.