BorgWarner (NYSE:BWA) Director Sells $327,550.00 in Stock

BorgWarner Inc. (NYSE:BWA) Director Michael Hanley sold 5,000 shares of BorgWarner stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $65.51, for a total transaction of $327,550.00. Following the completion of the transaction, the director owned 34,313 shares in the company, valued at approximately $2,247,844.63. This trade represents a 12.72% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

BorgWarner Price Performance

Shares of NYSE:BWA opened at $65.75 on Friday. BorgWarner Inc. has a one year low of $40.50 and a one year high of $78.82. The stock has a fifty day moving average of $65.16 and a 200-day moving average of $62.20. The company has a market capitalization of $13.39 billion, a PE ratio of 32.88, a price-to-earnings-growth ratio of 1.17 and a beta of 1.12. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.76 and a current ratio of 2.13.

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 analysts’ consensus estimates of $1.28 by $0.14. The business had revenue of $3.65 billion for the quarter, compared to analysts’ expectations of $3.58 billion. BorgWarner had a return on equity of 19.10% and a net margin of 2.89%.The company’s quarterly revenue was up .3% on a year-over-year basis. During the same period in the previous year, the firm posted $1.21 EPS. BorgWarner has set its FY 2026 guidance at 5.050-5.300 EPS. As a group, equities analysts anticipate that BorgWarner Inc. will post 5.2 EPS for the current fiscal year.

BorgWarner Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be paid 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 currently 34.00%.

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

Hedge Funds Weigh In On BorgWarner

Institutional investors and hedge funds have recently bought and sold shares of the business. Clearstead Trust LLC acquired a new position in shares of BorgWarner in the 2nd quarter valued at about $28,000. Prosperity Bancshares Inc purchased a new position in BorgWarner during the fourth quarter valued at approximately $37,000. Ceredex Value Advisors LLC purchased a new position in BorgWarner during the second quarter valued at approximately $40,000. Fiduciary Financial Advisors acquired a new position in BorgWarner in the 2nd quarter valued at approximately $49,000. Finally, Cedar Mountain Advisors LLC acquired a new position in BorgWarner in the 1st quarter valued at approximately $55,000. Hedge funds and other institutional investors own 95.67% of the company’s stock.

Wall Street Analyst Weigh In

BWA has been the subject of several recent analyst reports. Royal Bank Of Canada initiated coverage on shares of BorgWarner in a report on Monday. They issued an “outperform” rating and a $87.00 target price for the company. Weiss Ratings upgraded shares of BorgWarner from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, June 29th. UBS Group raised shares of BorgWarner from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $61.00 to $95.00 in a research note on Wednesday, June 10th. TD Cowen lifted their price objective on shares of BorgWarner from $67.00 to $68.00 and gave the stock a “hold” rating in a research report on Thursday, August 6th. Finally, Deutsche Bank Aktiengesellschaft set a $80.00 target price on shares of BorgWarner in a research note on Thursday, August 6th. Nine investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $76.67.

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.