Kendall Capital Management Takes $4.11 Million Position in BorgWarner Inc. $BWA

Kendall Capital Management purchased a new position in shares of BorgWarner Inc. (NYSE:BWA) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 61,885 shares of the auto parts company’s stock, valued at approximately $4,109,000.

Several other institutional investors also recently modified their holdings of the business. Sivia Capital Partners LLC acquired a new stake in BorgWarner during the 2nd quarter valued at approximately $339,000. Louisiana State Employees Retirement System bought a new position in BorgWarner during the 1st quarter worth approximately $3,256,000. Securian Asset Management Inc. acquired a new position in shares of BorgWarner in the 4th quarter worth approximately $702,000. Northwestern Mutual Investment Management Company LLC bought a new stake in shares of BorgWarner in the 4th quarter valued at $2,157,000. Finally, Bessemer Group Inc. boosted its stake in shares of BorgWarner by 5,773.0% in the 4th quarter. Bessemer Group Inc. now owns 201,386 shares of the auto parts company’s stock valued at $9,074,000 after purchasing an additional 197,957 shares during the last quarter. Institutional investors own 95.67% of the company’s stock.

Insider Activity

In other news, Director Rajesh Kalathur purchased 7,407 shares of the business’s stock in a transaction on Wednesday, August 19th. The shares were acquired at an average price of $67.59 per share, for a total transaction of $500,639.13. Following the completion of the acquisition, the director owned 7,407 shares in the company, valued at approximately $500,639.13. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Amy B. Kulikowski sold 2,900 shares of the stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $68.60, for a total value of $198,940.00. Following the completion of the transaction, the chief accounting officer owned 9,725 shares in the company, valued at approximately $667,135. The trade was a 22.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.76% of the company’s stock.

BorgWarner Stock Performance

NYSE:BWA opened at $67.74 on Friday. The company has a quick ratio of 1.76, a current ratio of 2.13 and a debt-to-equity ratio of 0.67. BorgWarner Inc. has a twelve month low of $40.50 and a twelve month high of $78.82. The company has a fifty day moving average of $66.34 and a 200-day moving average of $61.56. The firm has a market capitalization of $13.80 billion, a P/E ratio of 33.87, a P/E/G ratio of 1.22 and a beta of 1.10.

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

BorgWarner declared that its Board of Directors has initiated a share repurchase program on Wednesday, August 5th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the auto parts company to purchase up to 7.7% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s leadership believes its shares are undervalued.

BorgWarner Announces Dividend

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

Analyst Ratings Changes

A number of equities analysts recently weighed in on BWA shares. UBS Group raised shares of BorgWarner from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $61.00 to $95.00 in a research note on Wednesday, June 10th. Robert W. Baird set a $79.00 price target on BorgWarner in a report on Thursday, August 6th. Wall Street Zen raised BorgWarner from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. Wolfe Research reissued an “outperform” rating and issued a $95.00 price objective on shares of BorgWarner in a research note on Wednesday, June 3rd. Finally, Morgan Stanley upped their target price on BorgWarner from $67.00 to $71.00 and gave the company an “equal weight” rating in a research report on Thursday, August 6th. Nine analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target 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.