Hsbc Holdings PLC Grows Holdings in BorgWarner Inc. $BWA

Hsbc Holdings PLC raised its holdings in shares of BorgWarner Inc. (NYSE:BWA) by 39.6% in the 4th quarter, Holdings Channel reports. The firm owned 1,403,488 shares of the auto parts company’s stock after purchasing an additional 397,926 shares during the quarter. Hsbc Holdings PLC’s holdings in BorgWarner were worth $63,563,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in BWA. Prosperity Bancshares Inc purchased a new position in BorgWarner in the 4th quarter worth about $37,000. Sound Income Strategies LLC grew its stake in 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 acquiring an additional 890 shares in the last quarter. Torren Management LLC bought a new position in BorgWarner in the 4th quarter worth about $48,000. Olistico Wealth LLC purchased a new position in shares of BorgWarner during the fourth quarter worth approximately $50,000. Finally, UMB Bank n.a. increased its position in shares of BorgWarner by 28.1% during the fourth quarter. UMB Bank n.a. now owns 1,709 shares of the auto parts company’s stock worth $77,000 after acquiring an additional 375 shares during the period. 95.67% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other BorgWarner news, VP Stefan Demmerle sold 20,000 shares of BorgWarner stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $59.26, for a total value of $1,185,200.00. Following the transaction, the vice president owned 213,746 shares in the company, valued at $12,666,587.96. The trade was a 8.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Joseph F. Fadool sold 29,000 shares of BorgWarner stock in a transaction dated 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 completion of the transaction, the chief executive officer owned 405,964 shares in the company, valued at $27,325,436.84. This trade represents a 6.67% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 67,500 shares of company stock valued at $4,310,115. 0.76% of the stock is currently owned by insiders.

BorgWarner Price Performance

Shares of BWA opened at $63.52 on Monday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.75 and a current ratio of 2.13. The company has a 50 day moving average price of $66.65 and a 200-day moving average price of $57.12. BorgWarner Inc. has a fifty-two week low of $34.27 and a fifty-two week high of $78.82. The stock has a market capitalization of $13.03 billion, a PE ratio of 37.59, a PEG ratio of 1.22 and a beta of 1.09.

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 company had revenue of $3.53 billion for the quarter, compared to analyst estimates of $3.50 billion. BorgWarner had a net margin of 2.53% and a return on equity of 18.36%. BorgWarner’s revenue was up .5% compared to the same quarter last year. During the same period last year, the company posted $1.11 earnings per share. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. Equities analysts predict that BorgWarner Inc. will post 5.18 earnings per share for the current fiscal year.

BorgWarner Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were given a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Monday, June 1st. BorgWarner’s payout ratio is presently 40.24%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on BWA shares. Morgan Stanley boosted their price target on BorgWarner from $60.00 to $67.00 and gave the company an “equal weight” rating in a report on Wednesday, May 27th. JPMorgan Chase & Co. raised their price objective on BorgWarner from $73.00 to $75.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. Barclays lifted their target price on BorgWarner from $70.00 to $75.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. Weiss Ratings upgraded BorgWarner from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, June 29th. Finally, Sanford C. Bernstein raised BorgWarner to a “buy” rating in a research report on Wednesday, June 10th. Nine analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $74.00.

BorgWarner 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.