Tounjian Advisory Partners LLC Has $1.67 Million Holdings in BorgWarner Inc. $BWA

Tounjian Advisory Partners LLC trimmed its holdings in BorgWarner Inc. (NYSE:BWAFree Report) by 24.6% in the 3rd quarter, Holdings Channel reports. The fund owned 37,966 shares of the auto parts company’s stock after selling 12,374 shares during the quarter. Tounjian Advisory Partners LLC’s holdings in BorgWarner were worth $1,669,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Blackston Financial Advisory Group LLC boosted its holdings in BorgWarner by 3.4% in the 2nd quarter. Blackston Financial Advisory Group LLC now owns 7,970 shares of the auto parts company’s stock valued at $267,000 after purchasing an additional 265 shares during the period. Fifth Third Wealth Advisors LLC raised its position in shares of BorgWarner by 4.1% during the third quarter. Fifth Third Wealth Advisors LLC now owns 6,832 shares of the auto parts company’s stock valued at $300,000 after buying an additional 272 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in shares of BorgWarner by 3.4% in the third quarter. Envestnet Portfolio Solutions Inc. now owns 10,937 shares of the auto parts company’s stock valued at $481,000 after buying an additional 356 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of BorgWarner by 18.4% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,321 shares of the auto parts company’s stock valued at $102,000 after buying an additional 360 shares during the period. Finally, Hantz Financial Services Inc. grew its position in BorgWarner by 32.7% during the third quarter. Hantz Financial Services Inc. now owns 1,470 shares of the auto parts company’s stock worth $65,000 after buying an additional 362 shares in the last quarter. Institutional investors own 95.67% of the company’s stock.

BorgWarner Stock Down 0.6%

BorgWarner stock opened at $57.54 on Friday. The firm has a market capitalization of $11.91 billion, a price-to-earnings ratio of 46.03, a PEG ratio of 1.16 and a beta of 1.09. The company’s 50 day simple moving average is $51.26 and its 200 day simple moving average is $46.14. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.07 and a quick ratio of 1.70. BorgWarner Inc. has a fifty-two week low of $24.40 and a fifty-two week high of $70.08.

BorgWarner (NYSE:BWAGet Free Report) last announced its quarterly earnings results on Wednesday, February 11th. The auto parts company reported $1.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.19. The company had revenue of $3.57 billion during the quarter, compared to analyst estimates of $3.49 billion. BorgWarner had a net margin of 1.93% and a return on equity of 17.89%. The firm’s revenue was up 3.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.01 EPS. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. As a group, sell-side analysts anticipate that BorgWarner Inc. will post 4.28 EPS for the current year.

BorgWarner Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Monday, March 2nd. BorgWarner’s dividend payout ratio (DPR) is currently 54.40%.

Analyst Ratings Changes

A number of analysts have commented on the company. Wells Fargo & Company raised their price objective on BorgWarner from $52.00 to $75.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. New Street Research set a $66.00 price objective on shares of BorgWarner in a report on Thursday, February 12th. Morgan Stanley set a $60.00 price target on shares of BorgWarner in a research note on Thursday, February 12th. Piper Sandler restated a “neutral” rating and issued a $51.00 target price (down from $52.00) on shares of BorgWarner in a research note on Thursday, January 8th. Finally, The Goldman Sachs Group boosted their price target on shares of BorgWarner from $54.00 to $78.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. Eight equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $59.14.

Get Our Latest Research Report on BorgWarner

Insider Transactions at BorgWarner

In related news, EVP Tonit M. Calaway sold 9,725 shares of BorgWarner stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $62.61, for a total transaction of $608,882.25. Following the completion of the sale, the executive vice president owned 230,526 shares of the company’s stock, valued at approximately $14,433,232.86. The trade was a 4.05% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Isabelle Mckenzie sold 2,458 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $61.54, for a total value of $151,265.32. Following the sale, the vice president owned 66,351 shares of the company’s stock, valued at approximately $4,083,240.54. This represents a 3.57% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 49,550 shares of company stock worth $3,156,141 in the last 90 days. Corporate insiders own 0.45% of the company’s stock.

About BorgWarner

(Free Report)

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.

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Institutional Ownership by Quarter for BorgWarner (NYSE:BWA)

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