Horst & Graben Wealth Management LLC bought a new position in shares of BorgWarner Inc. (NYSE:BWA – Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 8,991 shares of the auto parts company’s stock, valued at approximately $498,000.
Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Ethos Capital Management Inc. acquired a new position in BorgWarner in the 4th quarter valued at about $1,433,000. Sivia Capital Partners LLC purchased a new position in shares of BorgWarner in the 2nd quarter valued at approximately $339,000. Natixis Advisors LLC increased its holdings in shares of BorgWarner by 9.0% in the third quarter. Natixis Advisors LLC now owns 824,045 shares of the auto parts company’s stock valued at $36,225,000 after purchasing an additional 67,990 shares during the period. Northwestern Mutual Investment Management Company LLC purchased a new stake in shares of BorgWarner during the fourth quarter worth approximately $2,157,000. Finally, CWA Asset Management Group LLC raised its stake in shares of BorgWarner by 62.3% during the fourth quarter. CWA Asset Management Group LLC now owns 85,131 shares of the auto parts company’s stock worth $3,836,000 after purchasing an additional 32,672 shares during the last quarter. Hedge funds and other institutional investors own 95.67% of the company’s stock.
Insider Buying and Selling
In related news, EVP Tania Wingfield sold 5,000 shares of BorgWarner stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $63.24, for a total transaction of $316,200.00. Following the completion of the sale, the executive vice president owned 35,365 shares in the company, valued at approximately $2,236,482.60. This trade represents a 12.39% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Stefan Demmerle sold 5,000 shares of the business’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 completion of the transaction, the vice president directly owned 203,746 shares of the company’s stock, valued at $13,243,490. The trade was a 2.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 67,500 shares of company stock worth $4,310,115 in the last ninety days. 0.76% of the stock is currently owned by insiders.
BorgWarner Stock Down 2.9%
BorgWarner (NYSE:BWA – Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The auto parts company reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.08. BorgWarner had a return on equity of 18.36% and a net margin of 2.53%.The business had revenue of $3.53 billion during the quarter, compared to the consensus estimate of $3.50 billion. During the same quarter in the previous year, the company posted $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. Equities research analysts anticipate that BorgWarner Inc. will post 5.18 EPS for the current fiscal year.
BorgWarner Dividend Announcement
The business 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 of this dividend was Monday, June 1st. BorgWarner’s payout ratio is 40.24%.
Wall Street Analysts Forecast Growth
Several equities analysts have issued reports on the stock. JPMorgan Chase & Co. boosted their price objective on shares of BorgWarner from $73.00 to $75.00 and gave the company an “overweight” rating in a research note on Thursday, May 14th. Wolfe Research restated an “outperform” rating and issued a $95.00 target price on shares of BorgWarner in a research note on Wednesday, June 3rd. Wall Street Zen upgraded shares of BorgWarner from a “hold” rating to a “buy” rating in a research note on Saturday, June 27th. Wells Fargo & Company increased their price target on shares of BorgWarner from $68.00 to $83.00 and gave the stock an “overweight” rating in a report on Tuesday, June 2nd. Finally, UBS Group upgraded shares of BorgWarner from a “neutral” rating to a “buy” rating and raised their price objective for the company from $61.00 to $95.00 in a research report on Wednesday, June 10th. Nine investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $74.00.
Read Our Latest Research Report on BWA
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.
Further Reading
- Five stocks we like better than BorgWarner
- Apple and Broadcom Forge a Decade-Long Silicon Fortress
- SK Hynix’s Nasdaq Listing Could Reset the AI Memory Trade
- The AI Chip Sell-Off Looks Scary, But the Real Story May Be Liquidity
- Palantir’s CEO Just Called Out OpenAI and Anthropic
Receive News & Ratings for BorgWarner Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BorgWarner and related companies with MarketBeat.com's FREE daily email newsletter.
