BorgWarner (NYSE:BWA) EVP Sells $721,520.66 in Stock

BorgWarner Inc. (NYSE:BWA) EVP Tonit Calaway sold 14,021 shares of the business’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $51.46, for a total transaction of $721,520.66. Following the sale, the executive vice president owned 204,913 shares of the company’s stock, valued at approximately $10,544,822.98. This represents a 6.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

BorgWarner Stock Performance

BorgWarner stock traded down $0.54 during mid-day trading on Tuesday, reaching $52.71. 2,535,908 shares of the stock traded hands, compared to its average volume of 4,417,145. BorgWarner Inc. has a 12-month low of $24.40 and a 12-month high of $70.08. The stock has a market capitalization of $10.91 billion, a PE ratio of 10.85, a price-to-earnings-growth ratio of 1.08 and a beta of 1.04. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.07 and a quick ratio of 1.70. The business’s 50-day moving average is $52.35 and its 200-day moving average is $46.77.

BorgWarner (NYSE:BWA) last issued its quarterly earnings data on Wednesday, February 11th. The auto parts company reported $1.35 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.19. The firm had revenue of $3.57 billion for the quarter, compared to analysts’ expectations of $3.49 billion. BorgWarner had a net margin of 1.93% and a return on equity of 17.89%. The business’s quarterly revenue was up 3.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.01 EPS. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. As a group, sell-side analysts predict that BorgWarner Inc. will post 4.28 EPS for the current fiscal year.

BorgWarner Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be paid a dividend of $0.17 per share. The ex-dividend date is Monday, March 2nd. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.3%. BorgWarner’s payout ratio is 54.40%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Barclays upped their target price on shares of BorgWarner from $55.00 to $70.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. New Street Research set a $66.00 target price on shares of BorgWarner in a report on Thursday, February 12th. UBS Group raised shares of BorgWarner from a “sell” rating to a “neutral” rating and set a $55.00 price objective for the company in a report on Friday. Bank of America started coverage on BorgWarner in a research note on Wednesday, March 4th. They issued a “neutral” rating on the stock. Finally, Robert W. Baird set a $76.00 price target on shares of BorgWarner in a research note on Thursday, February 12th. Eight research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $61.31.

Hedge Funds Weigh In On BorgWarner

Hedge funds have recently added to or reduced their stakes in the company. Addison Advisors LLC lifted its stake in shares of BorgWarner by 1,647.8% during the 2nd quarter. Addison Advisors LLC now owns 804 shares of the auto parts company’s stock worth $27,000 after acquiring an additional 758 shares during the last quarter. Assetmark Inc. grew its position in BorgWarner by 81.8% in the 2nd quarter. Assetmark Inc. now owns 809 shares of the auto parts company’s stock valued at $27,000 after acquiring an additional 364 shares during the last quarter. Root Financial Partners LLC purchased a new stake in BorgWarner in the third quarter worth $27,000. Twin Peaks Wealth Advisors LLC bought a new stake in shares of BorgWarner during the second quarter worth $32,000. Finally, Prosperity Bancshares Inc purchased a new position in BorgWarner in the 4th quarter worth about $37,000. 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.