Norges Bank Buys New Shares in BorgWarner Inc. $BWA

Norges Bank purchased a new position in BorgWarner Inc. (NYSE:BWA) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 3,479,679 shares of the auto parts company’s stock, valued at approximately $156,794,000.

Several other hedge funds have also bought and sold shares of BWA. Sound Income Strategies LLC lifted its stake in BorgWarner by 9,888.9% in the 4th quarter. Sound Income Strategies LLC now owns 899 shares of the auto parts company’s stock worth $42,000 after purchasing an additional 890 shares in the last quarter. Torren Management LLC purchased a new stake in BorgWarner in the 4th quarter worth $48,000. Olistico Wealth LLC purchased a new stake in BorgWarner in the 4th quarter worth $50,000. Hantz Financial Services Inc. lifted its stake in BorgWarner by 32.7% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,470 shares of the auto parts company’s stock worth $65,000 after purchasing an additional 362 shares in the last quarter. Finally, Atlantic Union Bankshares Corp purchased a new stake in BorgWarner in the 3rd quarter worth $70,000. Hedge funds and other institutional investors own 95.67% of the company’s stock.

Insider Transactions at BorgWarner

In other news, EVP Paul Arthur Farrell sold 12,012 shares of the company’s stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $52.31, for a total value of $628,347.72. Following the completion of the sale, the executive vice president owned 38,238 shares of the company’s stock, valued at approximately $2,000,229.78. This represents a 23.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Isabelle Mckenzie sold 3,500 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $63.35, for a total transaction of $221,725.00. Following the completion of the sale, the vice president directly owned 57,828 shares of the company’s stock, valued at $3,663,403.80. The trade was a 5.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 96,033 shares of company stock worth $5,792,558. Insiders own 0.76% of the company’s stock.

BorgWarner Price Performance

Shares of BWA opened at $76.58 on Thursday. The company has a 50 day moving average price of $59.42 and a 200-day moving average price of $52.89. BorgWarner Inc. has a fifty-two week low of $31.83 and a fifty-two week high of $78.82. The stock has a market capitalization of $15.71 billion, a PE ratio of 45.31, a PEG ratio of 1.42 and a beta of 1.07. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.75 and a current ratio of 2.13.

BorgWarner (NYSE:BWA) last announced its quarterly earnings results on Wednesday, May 6th. The auto parts company reported $1.24 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.08. BorgWarner had a net margin of 2.53% and a return on equity of 18.36%. The firm had revenue of $3.53 billion during the quarter, compared to analysts’ expectations of $3.50 billion. During the same quarter in the prior year, the company earned $1.11 EPS. The company’s revenue was up .5% compared to the same quarter last year. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. Equities analysts predict that BorgWarner Inc. will post 5.18 earnings per share for the current fiscal year.

BorgWarner Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be given a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Monday, June 1st. BorgWarner’s dividend payout ratio is presently 40.24%.

Analyst Upgrades and Downgrades

Several brokerages have commented on BWA. New Street Research set a $66.00 price target on shares of BorgWarner in a research note on Thursday, February 12th. Deutsche Bank Aktiengesellschaft set a $81.00 target price on shares of BorgWarner in a report on Tuesday, April 21st. TD Cowen boosted their target price on shares of BorgWarner from $66.00 to $67.00 and gave the stock a “hold” rating in a report on Thursday, May 7th. Wells Fargo & Company boosted their target price on shares of BorgWarner from $68.00 to $83.00 and gave the stock an “overweight” rating in a report on Tuesday. Finally, Evercore restated an “outperform” rating and issued a $75.00 target price on shares of BorgWarner in a report on Tuesday, February 17th. Seven equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $71.14.

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.