BorgWarner (NYSE:BWA) Hits New 52-Week High After Analyst Upgrade

BorgWarner Inc. (NYSE:BWA) reached a new 52-week high on Thursday after JPMorgan Chase & Co. raised their price target on the stock from $73.00 to $75.00. JPMorgan Chase & Co. currently has an overweight rating on the stock. BorgWarner traded as high as $70.31 and last traded at $69.3550, with a volume of 1635435 shares trading hands. The stock had previously closed at $66.87.

Several other equities analysts also recently commented on the company. Robert W. Baird set a $76.00 price target on BorgWarner in a report on Thursday, February 12th. The Goldman Sachs Group boosted their price objective on shares of BorgWarner from $54.00 to $78.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. Wolfe Research upgraded BorgWarner from a “peer perform” rating to an “outperform” rating and set a $68.00 price target for the company in a report on Wednesday, March 25th. Weiss Ratings reiterated a “hold (c)” rating on shares of BorgWarner in a report on Monday, April 20th. Finally, Deutsche Bank Aktiengesellschaft set a $81.00 price objective on BorgWarner in a research report on Tuesday, April 21st. Seven research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, BorgWarner currently has a consensus rating of “Moderate Buy” and a consensus target price of $67.64.

Insider Activity at BorgWarner

In other news, EVP Paul Arthur Farrell sold 12,012 shares of the stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $52.31, for a total transaction of $628,347.72. Following the sale, the executive vice president owned 38,238 shares in the company, valued at approximately $2,000,229.78. This represents a 23.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Tonit M. Calaway sold 14,021 shares of the stock in a transaction on Monday, March 9th. The stock was sold at an average price of $51.46, for a total value of $721,520.66. Following the sale, the executive vice president owned 204,913 shares in the company, valued at $10,544,822.98. The trade was a 6.40% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 111,583 shares of company stock valued at $6,671,710. 0.76% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On BorgWarner

Hedge funds have recently added to or reduced their stakes in the stock. Jackson Creek Investment Advisors LLC acquired a new position in BorgWarner in the third quarter valued at about $1,876,000. Ritholtz Wealth Management acquired a new position in BorgWarner in the third quarter valued at about $1,016,000. Savant Capital LLC lifted its stake in BorgWarner by 130.4% in the third quarter. Savant Capital LLC now owns 72,427 shares of the auto parts company’s stock valued at $3,184,000 after buying an additional 40,993 shares during the period. Sivia Capital Partners LLC acquired a new position in BorgWarner in the second quarter valued at about $339,000. Finally, Arjuna Capital acquired a new position in BorgWarner in the third quarter valued at about $1,526,000. Institutional investors and hedge funds own 95.67% of the company’s stock.

BorgWarner Stock Performance

The company has a market cap of $14.21 billion, a price-to-earnings ratio of 41.03, a price-to-earnings-growth ratio of 1.23 and a beta of 1.00. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.13 and a quick ratio of 1.75. The stock has a 50-day moving average price of $54.88 and a 200 day moving average price of $50.42.

BorgWarner (NYSE:BWA) last released its quarterly earnings results on Wednesday, May 6th. The auto parts company reported $1.24 EPS for the quarter, topping analysts’ consensus estimates of $1.16 by $0.08. The company had revenue of $3.53 billion for the quarter, compared to analyst estimates of $3.50 billion. BorgWarner had a return on equity of 18.36% and a net margin of 2.53%.BorgWarner’s revenue was up .5% compared to the same quarter last year. During the same quarter last year, the firm posted $1.11 earnings per share. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. As a group, analysts anticipate that BorgWarner Inc. will post 5.15 EPS for the current fiscal year.

BorgWarner Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be given a dividend of $0.17 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.0%. BorgWarner’s dividend payout ratio (DPR) is currently 40.24%.

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.