State of Wyoming Takes Position in BorgWarner Inc. $BWA

State of Wyoming bought a new position in shares of BorgWarner Inc. (NYSE:BWA) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 12,778 shares of the auto parts company’s stock, valued at approximately $848,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BWA. Clearstead Trust LLC acquired a new stake in shares of BorgWarner during the second quarter worth about $28,000. Prosperity Bancshares Inc bought a new stake in BorgWarner during the 4th quarter worth approximately $37,000. Grove Bank & Trust raised its holdings in BorgWarner by 4,304.3% during the 2nd quarter. Grove Bank & Trust now owns 1,013 shares of the auto parts company’s stock worth $67,000 after buying an additional 990 shares during the period. Cedar Mountain Advisors LLC acquired a new stake in BorgWarner during the 1st quarter worth approximately $55,000. Finally, Torren Management LLC bought a new position in BorgWarner in the fourth quarter valued at approximately $48,000. 95.67% of the stock is owned by institutional investors.

BorgWarner Trading Up 1.0%

NYSE BWA opened at $68.52 on Friday. BorgWarner Inc. has a 52 week low of $40.50 and a 52 week high of $78.82. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.76 and a current ratio of 2.13. The stock’s 50 day moving average price is $67.02 and its two-hundred day moving average price is $60.89. The stock has a market capitalization of $13.95 billion, a price-to-earnings ratio of 34.26, a PEG ratio of 1.24 and a beta of 1.10.

BorgWarner (NYSE:BWA) last issued its quarterly earnings results on Wednesday, August 5th. The auto parts company reported $1.42 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.14. BorgWarner had a net margin of 2.89% and a return on equity of 19.10%. The company had revenue of $3.65 billion during the quarter, compared to analysts’ expectations of $3.58 billion. During the same period last year, the business earned $1.21 EPS. The business’s quarterly revenue was up .3% on a year-over-year basis. BorgWarner has set its FY 2026 guidance at 5.050-5.300 EPS. As a group, analysts anticipate that BorgWarner Inc. will post 5.19 earnings per share for the current fiscal year.

BorgWarner announced that its Board of Directors has approved a stock repurchase program on Wednesday, August 5th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the auto parts company to repurchase up to 7.7% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board of directors believes its stock is undervalued.

BorgWarner Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be given a $0.17 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $0.68 dividend on an annualized basis and a yield of 1.0%. BorgWarner’s dividend payout ratio (DPR) is 34.00%.

Wall Street Analyst Weigh In

BWA has been the subject of several research analyst reports. Weiss Ratings upgraded shares of BorgWarner from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, June 29th. Barclays raised their price objective on shares of BorgWarner from $83.00 to $85.00 and gave the stock an “overweight” rating in a report on Monday, August 10th. Deutsche Bank Aktiengesellschaft set a $80.00 price objective on shares of BorgWarner in a research report on Thursday, August 6th. Wolfe Research reaffirmed an “outperform” rating and issued a $95.00 target price on shares of BorgWarner in a research note on Wednesday, June 3rd. Finally, Sanford C. Bernstein upgraded BorgWarner to a “buy” rating in a report on Wednesday, June 10th. Nine analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, BorgWarner has an average rating of “Moderate Buy” and a consensus target price of $75.93.

BorgWarner 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.