BorgWarner (NYSE:BWA – Get Free Report) was upgraded by stock analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report issued on Saturday.
A number of other equities research analysts have also commented on BWA. The Goldman Sachs Group restated a “buy” rating and set a $84.00 price target on shares of BorgWarner in a research report on Thursday, June 11th. UBS Group upgraded BorgWarner from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $61.00 to $95.00 in a research report on Wednesday, June 10th. Bank of America began coverage on BorgWarner in a research note on Wednesday, March 4th. They issued a “neutral” rating on the stock. Sanford C. Bernstein upgraded BorgWarner to a “buy” rating in a report on Wednesday, June 10th. Finally, TD Cowen raised their target price on BorgWarner from $66.00 to $67.00 and gave the company a “hold” rating in a research note on Thursday, May 7th. Nine investment analysts have rated the stock with a Buy rating and six have issued 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 $74.00.
BorgWarner Trading Down 1.8%
BorgWarner (NYSE:BWA – Get Free Report) last issued its quarterly earnings data 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 firm had revenue of $3.53 billion for the quarter, compared to analysts’ expectations of $3.50 billion. BorgWarner had a net margin of 2.53% and a return on equity of 18.36%. The company’s quarterly revenue was up .5% compared to the same quarter last year. During the same period 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. Research analysts forecast that BorgWarner will post 5.18 earnings per share for the current fiscal year.
Insider Transactions at BorgWarner
In other BorgWarner news, VP Stefan Demmerle sold 5,000 shares of the company’s stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $65.00, for a total transaction of $325,000.00. Following the transaction, the vice president directly owned 203,746 shares in the company, valued at approximately $13,243,490. This represents a 2.40% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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 transaction of $221,725.00. Following the sale, the vice president directly owned 57,828 shares of the company’s stock, valued at approximately $3,663,403.80. This trade represents a 5.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 67,500 shares of company stock valued at $4,310,115 in the last three months. Company insiders own 0.76% of the company’s stock.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Prosperity Bancshares Inc acquired a new stake in shares of BorgWarner during the fourth quarter worth $37,000. Sound Income Strategies LLC lifted its stake 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 buying an additional 890 shares during the period. Cedar Mountain Advisors LLC acquired a new position in BorgWarner in the first quarter valued at about $55,000. Torren Management LLC bought a new position in BorgWarner during the fourth quarter worth about $48,000. Finally, Olistico Wealth LLC acquired a new position in shares of BorgWarner during the 4th quarter worth about $50,000. 95.67% of the stock is currently owned by institutional investors.
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.
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