Revolve Wealth Partners LLC Purchases Shares of 14,400 BorgWarner Inc. $BWA

Revolve Wealth Partners LLC purchased a new position in shares of BorgWarner Inc. (NYSE:BWA) in the second quarter, HoldingsChannel.com reports. The firm purchased 14,400 shares of the auto parts company’s stock, valued at approximately $956,000.

Other hedge funds have also recently made changes to their positions in the company. Inspire Investing LLC lifted its stake 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 purchasing an additional 195 shares during the period. Lazard Asset Management LLC grew 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 period. Arjuna Capital grew its stake in BorgWarner by 0.6% during 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. Fifth Third Wealth Advisors LLC increased 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 in the last quarter. Finally, Ariadne Wealth Management LP increased its holdings in BorgWarner by 3.8% in the first quarter. Ariadne Wealth Management LP now owns 5,958 shares of the auto parts company’s stock worth $323,000 after purchasing an additional 218 shares in the last quarter. 95.67% of the stock is owned by institutional investors.

BorgWarner Trading Up 1.7%

NYSE:BWA opened at $69.59 on Tuesday. The company has a debt-to-equity ratio of 0.67, a current ratio of 2.13 and a quick ratio of 1.76. The firm has a 50-day moving average of $67.53 and a 200-day moving average of $60.40. The company has a market cap of $14.17 billion, a PE ratio of 34.80, a PEG ratio of 1.46 and a beta of 1.10. BorgWarner Inc. has a one year low of $38.31 and a one year high of $78.82.

BorgWarner (NYSE:BWA) last announced its quarterly earnings results 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 business had revenue of $3.65 billion for the quarter, compared to analysts’ expectations of $3.58 billion. BorgWarner had a net margin of 2.89% and a return on equity of 19.10%. The firm’s revenue for the quarter was up .3% compared to the same quarter last year. During the same quarter last year, the firm earned $1.21 EPS. BorgWarner has set its FY 2026 guidance at 5.050-5.300 EPS. As a group, equities research analysts expect that BorgWarner Inc. will post 5.17 EPS for the current fiscal year.

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

BorgWarner Dividend Announcement

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 issued a dividend of $0.17 per share. The ex-dividend date is Tuesday, September 1st. This represents a $0.68 annualized dividend and a yield of 1.0%. BorgWarner’s dividend payout ratio is 34.00%.

Insider Buying and Selling at BorgWarner

In other BorgWarner news, VP Stefan Demmerle sold 5,000 shares of the stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $65.00, for a total value of $325,000.00. Following the completion of the sale, the vice president owned 203,746 shares in the company, valued at approximately $13,243,490. This trade represents a 2.40% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Joseph F. Fadool sold 29,000 shares of BorgWarner stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $67.31, for a total transaction of $1,951,990.00. Following the transaction, the chief executive officer directly owned 405,964 shares in the company, valued at approximately $27,325,436.84. This represents a 6.67% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.76% of the company’s stock.

Analyst Ratings Changes

A number of research firms have issued reports on BWA. UBS Group upgraded BorgWarner from a “neutral” rating to a “buy” rating and increased their price target for the stock from $61.00 to $95.00 in a report on Wednesday, June 10th. TD Cowen lifted their price objective on shares of BorgWarner from $67.00 to $68.00 and gave the company a “hold” rating in a research note on Thursday. Deutsche Bank Aktiengesellschaft set a $80.00 target price on shares of BorgWarner in a research report on Thursday. Morgan Stanley raised their price target on shares of BorgWarner from $67.00 to $71.00 and gave the stock an “equal weight” rating in a report on Thursday. Finally, Wells Fargo & Company lifted their price target on shares of BorgWarner from $68.00 to $83.00 and gave the company an “overweight” rating in a research note on Tuesday, June 2nd. Nine equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $75.93.

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.