Shares of BorgWarner Inc. (NYSE:BWA – Get Free Report) have been assigned an average rating of “Moderate Buy” from the fifteen brokerages that are currently covering the stock, Marketbeat reports. Six research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $74.00.
Several brokerages have weighed in on BWA. Wolfe Research reissued an “outperform” rating and issued a $95.00 price target on shares of BorgWarner in a report on Wednesday, June 3rd. TD Cowen lifted their target price on BorgWarner from $66.00 to $67.00 and gave the stock a “hold” rating in a report on Thursday, May 7th. Deutsche Bank Aktiengesellschaft set a $81.00 target price on BorgWarner in a report on Tuesday, April 21st. Barclays lifted their target price on BorgWarner from $70.00 to $75.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Finally, Sanford C. Bernstein raised BorgWarner to a “buy” rating in a report on Wednesday, June 10th.
Insider Transactions at BorgWarner
Institutional Investors Weigh In On BorgWarner
A number of institutional investors and hedge funds have recently modified their holdings of the company. Prosperity Bancshares Inc acquired a new position in BorgWarner in the fourth quarter valued at approximately $37,000. Sound Income Strategies LLC lifted its holdings in BorgWarner by 9,888.9% in the fourth quarter. Sound Income Strategies LLC now owns 899 shares of the auto parts company’s stock valued at $42,000 after acquiring an additional 890 shares during the period. Cedar Mountain Advisors LLC acquired a new position in BorgWarner in the first quarter valued at approximately $55,000. Torren Management LLC acquired a new position in BorgWarner in the fourth quarter valued at approximately $48,000. Finally, Olistico Wealth LLC acquired a new position in BorgWarner in the fourth quarter valued at approximately $50,000. Institutional investors and hedge funds own 95.67% of the company’s stock.
BorgWarner Price Performance
Shares of NYSE BWA opened at $71.96 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 market cap of $14.76 billion, a PE ratio of 42.58, a P/E/G ratio of 1.38 and a beta of 1.07. The business has a 50-day simple moving average of $64.08 and a two-hundred day simple moving average of $55.45. BorgWarner has a fifty-two week low of $32.24 and a fifty-two week high of $78.82.
BorgWarner (NYSE:BWA – Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The auto parts company reported $1.24 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.08. The business had revenue of $3.53 billion during the quarter, compared to the consensus estimate 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 last year, the company earned $1.11 earnings per share. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. As a group, equities analysts expect that BorgWarner will post 5.18 EPS for the current fiscal year.
BorgWarner Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were issued a dividend of $0.17 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a $0.68 dividend on an annualized basis and a dividend yield of 0.9%. BorgWarner’s payout ratio is 40.24%.
About BorgWarner
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.
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