Gabelli Funds LLC Has $14.79 Million Stock Position in BorgWarner Inc. $BWA

Gabelli Funds LLC trimmed its position in shares of BorgWarner Inc. (NYSE:BWA) by 3.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 272,500 shares of the auto parts company’s stock after selling 9,000 shares during the quarter. Gabelli Funds LLC’s holdings in BorgWarner were worth $14,786,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. Ethos Capital Management Inc. acquired a new stake in shares of BorgWarner in the fourth quarter valued at $1,433,000. Sivia Capital Partners LLC acquired a new position in BorgWarner during the 2nd quarter worth about $339,000. Louisiana State Employees Retirement System acquired a new position in BorgWarner during the 1st quarter worth about $3,256,000. Northwestern Mutual Investment Management Company LLC bought a new stake in BorgWarner during the 4th quarter worth about $2,157,000. Finally, Securian Asset Management Inc. acquired a new stake in BorgWarner in the 4th quarter valued at about $702,000. Institutional investors and hedge funds own 95.67% of the company’s stock.

Analyst Upgrades and Downgrades

BWA has been the subject of a number of research analyst reports. Barclays boosted their target price on shares of BorgWarner from $75.00 to $83.00 and gave the stock an “overweight” rating in a research note on Thursday, July 9th. UBS Group raised shares of BorgWarner from a “neutral” rating to a “buy” rating and increased their price target for the company from $61.00 to $95.00 in a research note on Wednesday, June 10th. JPMorgan Chase & Co. boosted their price objective on shares of BorgWarner from $73.00 to $75.00 and gave the stock an “overweight” rating in a research report on Thursday, May 14th. Sanford C. Bernstein raised BorgWarner to a “buy” rating in a research note on Wednesday, June 10th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $84.00 price target on shares of BorgWarner in a research note on Thursday, June 11th. Nine equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $74.57.

Insider Transactions at BorgWarner

In other BorgWarner news, EVP Tania Wingfield sold 5,000 shares of the firm’s stock in a transaction that occurred on 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 directly owned 35,365 shares in the company, valued at $2,236,482.60. This trade represents a 12.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Isabelle Mckenzie sold 3,500 shares of the business’s stock in a transaction that occurred 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 directly 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 SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 67,500 shares of company stock worth $4,310,115. 0.76% of the stock is currently owned by insiders.

BorgWarner Trading Up 0.0%

Shares of NYSE BWA opened at $64.41 on Monday. The company’s 50 day simple moving average is $67.94 and its 200 day simple moving average is $59.06. BorgWarner Inc. has a fifty-two week low of $34.27 and a fifty-two week high of $78.82. The firm has a market capitalization of $13.21 billion, a P/E ratio of 38.11, a P/E/G ratio of 1.38 and a beta of 1.09. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.13 and a quick ratio of 1.75.

BorgWarner (NYSE:BWA) last released its earnings results on Wednesday, May 6th. The auto parts company reported $1.24 earnings per share for the quarter, beating the consensus estimate of $1.16 by $0.08. The firm had revenue of $3.53 billion for the quarter, compared to analyst estimates of $3.50 billion. BorgWarner had a return on equity of 18.36% and a net margin of 2.53%.The company’s quarterly revenue was up .5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.11 earnings per share. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. On average, analysts predict that BorgWarner Inc. will post 5.16 EPS for the current year.

BorgWarner Dividend Announcement

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