IPG Investment Advisors LLC Acquires Shares of 25,835 BorgWarner Inc. $BWA

IPG Investment Advisors LLC bought a new position in shares of BorgWarner Inc. (NYSE:BWA) during the second quarter, HoldingsChannel reports. The firm bought 25,835 shares of the auto parts company’s stock, valued at approximately $1,715,000.

Several other hedge funds also recently made changes to their positions in the company. Inspire Investing LLC increased its holdings in shares of BorgWarner by 2.8% in the 4th quarter. Inspire Investing LLC now owns 7,223 shares of the auto parts company’s stock valued at $325,000 after acquiring an additional 195 shares during the last quarter. Greenleaf Trust lifted its stake in BorgWarner by 5.2% during the second quarter. Greenleaf Trust now owns 3,977 shares of the auto parts company’s stock worth $264,000 after purchasing an additional 196 shares during the last quarter. Lazard Asset Management LLC lifted its stake in BorgWarner by 1.0% during the fourth quarter. Lazard Asset Management LLC now owns 21,719 shares of the auto parts company’s stock worth $979,000 after purchasing an additional 206 shares during the last quarter. Arjuna Capital boosted its holdings in BorgWarner by 0.6% in the fourth quarter. Arjuna Capital now owns 34,932 shares of the auto parts company’s stock worth $1,574,000 after purchasing an additional 215 shares during the period. Finally, Fifth Third Wealth Advisors LLC boosted its holdings in BorgWarner by 3.2% in the first quarter. Fifth Third Wealth Advisors LLC now owns 7,064 shares of the auto parts company’s stock worth $383,000 after purchasing an additional 216 shares during the period. Institutional investors and hedge funds own 95.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on BWA. Royal Bank Of Canada assumed coverage on shares of BorgWarner in a report on Monday, August 31st. They set an “outperform” rating and a $87.00 target price on the stock. Deutsche Bank Aktiengesellschaft set a $80.00 price objective on shares of BorgWarner in a research note on Thursday, August 6th. The Goldman Sachs Group reissued a “buy” rating and issued a $84.00 target price on shares of BorgWarner in a report on Thursday, June 11th. TD Cowen upped their target price on BorgWarner from $67.00 to $68.00 and gave the company a “hold” rating in a report on Thursday, August 6th. Finally, Barclays increased their price target on BorgWarner from $83.00 to $85.00 and gave the stock an “overweight” rating in a research report on Monday, August 10th. Nine equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $78.86.

BorgWarner Stock Down 1.4%

BorgWarner stock opened at $65.32 on Thursday. 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 Inc. has a one year low of $40.50 and a one year high of $78.82. The company has a 50-day simple moving average of $65.19 and a 200-day simple moving average of $62.34. The firm has a market capitalization of $13.30 billion, a P/E ratio of 32.66, a P/E/G ratio of 1.19 and a beta of 1.12.

BorgWarner (NYSE:BWA) last issued its quarterly earnings data on Wednesday, August 5th. The auto parts company reported $1.42 earnings per share for the quarter, beating the consensus estimate of $1.28 by $0.14. The firm had revenue of $3.65 billion for the quarter, compared to the consensus estimate of $3.58 billion. BorgWarner had a net margin of 2.89% and a return on equity of 19.10%. BorgWarner’s quarterly revenue was up .3% compared to the same quarter last year. During the same period last 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 expect that BorgWarner Inc. will post 5.2 earnings per share for the current year.

BorgWarner Announces Dividend

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

BorgWarner declared that its board has initiated a stock buyback program on Wednesday, August 5th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the auto parts company to buy up to 7.7% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s board believes its stock is undervalued.

Insider Activity

In other news, CAO Amy Kulikowski sold 2,900 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $68.60, for a total transaction of $198,940.00. Following the completion of the transaction, the chief accounting officer directly owned 9,725 shares in the company, valued at approximately $667,135. The trade was a 22.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Rajesh Kalathur acquired 7,407 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The stock was acquired at an average cost of $67.59 per share, with a total value of $500,639.13. Following the completion of the acquisition, the director directly owned 7,407 shares in the company, valued at approximately $500,639.13. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 0.76% of the company’s stock.

About BorgWarner

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.