BorgWarner Inc. $BWA Shares Bought by Quantinno Capital Management LP

Quantinno Capital Management LP increased its stake in shares of BorgWarner Inc. (NYSE:BWA) by 4.1% during the first quarter, Holdings Channel reports. The institutional investor owned 381,449 shares of the auto parts company’s stock after acquiring an additional 14,957 shares during the period. Quantinno Capital Management LP’s holdings in BorgWarner were worth $20,697,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Prosperity Bancshares Inc purchased a new stake in shares of BorgWarner during the 4th quarter worth approximately $37,000. Sound Income Strategies LLC raised its holdings in BorgWarner by 9,888.9% during the fourth 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 during the last quarter. Torren Management LLC acquired a new position in BorgWarner during the fourth quarter worth $48,000. Cedar Mountain Advisors LLC purchased a new stake in BorgWarner during the first quarter worth $55,000. Finally, UMB Bank n.a. boosted its position in BorgWarner by 28.1% during the fourth quarter. UMB Bank n.a. now owns 1,709 shares of the auto parts company’s stock worth $77,000 after purchasing an additional 375 shares in the last quarter. 95.67% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

BWA has been the topic of a number of research reports. Wall Street Zen raised shares of BorgWarner from a “hold” rating to a “buy” rating in a research note on Saturday, June 27th. Morgan Stanley upped their price target on shares of BorgWarner from $60.00 to $67.00 and gave the company an “equal weight” rating in a report on Wednesday, May 27th. Deutsche Bank Aktiengesellschaft set a $81.00 price target on shares of BorgWarner in a research report on Tuesday, April 21st. JPMorgan Chase & Co. raised their price objective on shares of BorgWarner from $73.00 to $75.00 and gave the stock an “overweight” rating in a research note on Thursday, May 14th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $84.00 target price on shares of BorgWarner in a research note on Thursday, June 11th. Nine research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $74.57.

Insider Activity

In other BorgWarner news, CEO Joseph F. Fadool sold 29,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $67.31, for a total value of $1,951,990.00. Following the transaction, the chief executive officer directly owned 405,964 shares of the company’s stock, valued at $27,325,436.84. This represents a 6.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Tania Wingfield sold 5,000 shares of the company’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $63.24, for a total transaction of $316,200.00. Following the completion of the sale, the executive vice president directly owned 35,365 shares in the company, valued at $2,236,482.60. This represents a 12.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 67,500 shares of company stock valued at $4,310,115. 0.76% of the stock is currently owned by company insiders.

BorgWarner Trading Down 0.9%

NYSE BWA opened at $63.84 on Friday. The company has a market cap of $13.10 billion, a P/E ratio of 37.78, a P/E/G ratio of 1.36 and a beta of 1.09. BorgWarner Inc. has a 12 month low of $35.04 and a 12 month high of $78.82. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.13 and a quick ratio of 1.75. The company has a 50-day moving average of $67.98 and a 200-day moving average of $59.54.

BorgWarner (NYSE:BWA) last posted its quarterly earnings results on Wednesday, May 6th. The auto parts company reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.16 by $0.08. BorgWarner had a return on equity of 18.36% and a net margin of 2.53%.The firm had revenue of $3.53 billion during the quarter, compared to the consensus estimate of $3.50 billion. During the same quarter in the previous year, the business earned $1.11 earnings per share. The firm’s quarterly revenue was up .5% compared to the same quarter last year. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. As a group, equities analysts predict that BorgWarner Inc. will post 5.16 earnings per share for the current year.

BorgWarner Dividend Announcement

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 given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Tuesday, September 1st. BorgWarner’s payout ratio is presently 40.24%.

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.