New York State Teachers Retirement System Lowers Stock Position in BorgWarner Inc. $BWA

New York State Teachers Retirement System lessened its position in shares of BorgWarner Inc. (NYSE:BWA) by 3.9% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 207,362 shares of the auto parts company’s stock after selling 8,362 shares during the quarter. New York State Teachers Retirement System owned approximately 0.10% of BorgWarner worth $11,251,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of BWA. Dimensional Fund Advisors LP boosted its stake in shares of BorgWarner by 1.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 11,961,482 shares of the auto parts company’s stock worth $538,996,000 after acquiring an additional 178,853 shares in the last quarter. AQR Capital Management LLC grew its position in shares of BorgWarner by 22.7% during the 4th quarter. AQR Capital Management LLC now owns 9,222,352 shares of the auto parts company’s stock valued at $415,559,000 after acquiring an additional 1,703,576 shares during the period. State Street Corp increased its stake in shares of BorgWarner by 5.3% in the 2nd quarter. State Street Corp now owns 7,633,760 shares of the auto parts company’s stock valued at $255,578,000 after purchasing an additional 380,942 shares in the last quarter. LSV Asset Management increased its stake in shares of BorgWarner by 6.7% in the 4th quarter. LSV Asset Management now owns 6,446,541 shares of the auto parts company’s stock valued at $290,481,000 after purchasing an additional 402,887 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in BorgWarner by 10.9% in the 4th quarter. Geode Capital Management LLC now owns 4,297,717 shares of the auto parts company’s stock worth $193,695,000 after purchasing an additional 423,933 shares during the period. Institutional investors and hedge funds own 95.67% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Weiss Ratings upgraded BorgWarner from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, June 29th. JPMorgan Chase & Co. upped their target price on BorgWarner from $73.00 to $75.00 and gave the stock an “overweight” rating in a research note on Thursday, May 14th. Barclays increased 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. Deutsche Bank Aktiengesellschaft set a $81.00 price target on shares of BorgWarner in a research note on Tuesday, April 21st. Finally, Sanford C. Bernstein raised shares of BorgWarner to a “buy” rating in a report on Wednesday, June 10th. Nine investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $74.00.

BorgWarner Trading Down 0.0%

BWA stock opened at $63.52 on Monday. BorgWarner Inc. has a 12-month low of $34.27 and a 12-month high of $78.82. The business’s 50-day moving average is $66.65 and its 200 day moving average is $57.12. 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 stock has a market cap of $13.03 billion, a price-to-earnings ratio of 37.59, a PEG ratio of 1.22 and a beta of 1.09.

BorgWarner (NYSE:BWA) last announced its earnings results on Wednesday, May 6th. The auto parts company reported $1.24 EPS for the quarter, beating analysts’ consensus estimates 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 business’s revenue was up .5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.11 earnings per share. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. On average, sell-side analysts anticipate that BorgWarner Inc. will post 5.18 EPS for the current fiscal year.

BorgWarner Announces Dividend

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

Insider Transactions at BorgWarner

In other BorgWarner news, VP Isabelle Mckenzie sold 3,500 shares of the firm’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $63.35, for a total value of $221,725.00. Following the transaction, the vice president owned 57,828 shares in the company, valued at approximately $3,663,403.80. This trade represents a 5.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Tania Wingfield sold 5,000 shares of the company’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $63.24, for a total transaction of $316,200.00. Following the sale, the executive vice president directly 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. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 67,500 shares of company stock worth $4,310,115. Company 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.