AXQ Capital LP Buys New Shares in BorgWarner Inc. $BWA

AXQ Capital LP purchased a new position in shares of BorgWarner Inc. (NYSE:BWA) during the 4th quarter, Holdings Channel reports. The fund purchased 10,372 shares of the auto parts company’s stock, valued at approximately $467,000.

A number of other large investors also recently modified their holdings of BWA. New Mexico Educational Retirement Board bought a new stake in shares of BorgWarner during the 4th quarter worth approximately $1,974,000. Peapack Gladstone Financial Corp grew its stake in shares of BorgWarner by 11.2% in the fourth quarter. Peapack Gladstone Financial Corp now owns 61,523 shares of the auto parts company’s stock valued at $2,772,000 after buying an additional 6,217 shares in the last quarter. Rothschild Wealth LLC acquired a new position in BorgWarner during the fourth quarter worth $253,000. BNP Paribas Financial Markets increased its holdings in BorgWarner by 25.8% during the fourth quarter. BNP Paribas Financial Markets now owns 195,253 shares of the auto parts company’s stock worth $8,798,000 after buying an additional 40,051 shares during the last quarter. Finally, Impact Partnership Wealth LLC bought a new stake in BorgWarner during the fourth quarter worth $512,000. 95.67% of the stock is currently owned by institutional investors and hedge funds.

BorgWarner Stock Performance

Shares of BWA stock opened at $76.58 on Thursday. The company has a market capitalization of $15.71 billion, a price-to-earnings ratio of 45.31, a PEG ratio of 1.42 and a beta of 1.07. 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 simple moving average of $59.42 and a 200 day simple moving average of $52.89. BorgWarner Inc. has a 52 week low of $31.83 and a 52 week high of $78.82.

BorgWarner (NYSE:BWA) last released its quarterly 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. BorgWarner had a net margin of 2.53% and a return on equity of 18.36%. The firm had revenue of $3.53 billion for the quarter, compared to analysts’ expectations of $3.50 billion. During the same period in the prior year, the firm earned $1.11 EPS. The business’s revenue was up .5% on a year-over-year basis. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. On average, sell-side analysts predict that BorgWarner Inc. will post 5.18 earnings per share for the current year.

BorgWarner Dividend Announcement

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

Insiders Place Their Bets

In other BorgWarner news, VP Isabelle Mckenzie sold 3,500 shares of the company’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 directly owned 57,828 shares of the company’s stock, valued at $3,663,403.80. This represents a 5.71% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Joseph F. Fadool sold 29,000 shares of the stock in a transaction 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 transaction, the chief executive officer owned 405,964 shares in the company, valued at $27,325,436.84. The trade was a 6.67% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 96,033 shares of company stock worth $5,792,558 over the last three months. 0.76% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Evercore reissued an “outperform” rating and issued a $75.00 price objective on shares of BorgWarner in a research report on Tuesday, February 17th. Robert W. Baird set a $76.00 target price on shares of BorgWarner in a report on Thursday, February 12th. UBS Group raised their target price on shares of BorgWarner from $56.00 to $61.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Barclays lifted their price target on BorgWarner from $70.00 to $75.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Finally, Bank of America assumed coverage on BorgWarner in a research note on Wednesday, March 4th. They issued a “neutral” rating on the stock. Seven investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $71.14.

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.