Mitsubishi UFJ Asset Management Co. Ltd. Invests $544,000 in BorgWarner Inc. $BWA

Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of BorgWarner Inc. (NYSE:BWA) in the second quarter, HoldingsChannel reports. The institutional investor purchased 8,193 shares of the auto parts company’s stock, valued at approximately $544,000.

A number of other hedge funds have also recently modified their holdings of the business. Dimensional Fund Advisors LP grew its holdings in BorgWarner by 1.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 11,961,482 shares of the auto parts company’s stock valued at $538,996,000 after purchasing an additional 178,853 shares during the period. AQR Capital Management LLC grew its holdings in BorgWarner by 22.7% during the 4th quarter. AQR Capital Management LLC now owns 9,222,352 shares of the auto parts company’s stock valued at $415,559,000 after buying an additional 1,703,576 shares in the last quarter. State Street Corp increased its holdings in BorgWarner by 5.3% in the 2nd quarter. State Street Corp now owns 7,633,760 shares of the auto parts company’s stock valued at $255,578,000 after acquiring an additional 380,942 shares during the last quarter. LSV Asset Management increased its holdings in shares of BorgWarner by 6.7% in the fourth quarter. LSV Asset Management now owns 6,446,541 shares of the auto parts company’s stock worth $290,481,000 after purchasing an additional 402,887 shares during the last quarter. Finally, Geode Capital Management LLC increased its stake in BorgWarner by 10.9% in the 4th quarter. Geode Capital Management LLC now owns 4,297,717 shares of the auto parts company’s stock worth $193,695,000 after acquiring an additional 423,933 shares during the last quarter. Institutional investors own 95.67% of the company’s stock.

Insider Activity

In other BorgWarner news, Director Rajesh Kalathur purchased 7,407 shares of the business’s stock in a transaction that occurred on Wednesday, August 19th. The stock was purchased at an average price of $67.59 per share, for a total transaction of $500,639.13. Following the purchase, the director directly owned 7,407 shares in the company, valued at approximately $500,639.13. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Amy B. Kulikowski sold 2,900 shares of the company’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $68.60, for a total value of $198,940.00. Following the completion of the transaction, the chief accounting officer directly owned 9,725 shares of the company’s stock, valued at $667,135. The trade was a 22.97% decrease in their position. The SEC filing for this sale provides additional information. 0.76% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on BWA. Wall Street Zen upgraded shares of BorgWarner from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. Deutsche Bank Aktiengesellschaft set a $80.00 target price on BorgWarner in a research report on Thursday, August 6th. The Goldman Sachs Group reiterated a “buy” rating and issued a $84.00 price target on shares of BorgWarner in a report on Thursday, June 11th. Morgan Stanley upped their price objective on shares of BorgWarner from $67.00 to $71.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 6th. Finally, Weiss Ratings raised BorgWarner from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, June 29th. Nine equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $75.93.

BorgWarner Stock Up 4.5%

NYSE:BWA opened at $67.74 on Friday. The company has a market cap of $13.80 billion, a PE ratio of 33.87, a P/E/G ratio of 1.22 and a beta of 1.10. The company has a current ratio of 2.13, a quick ratio of 1.76 and a debt-to-equity ratio of 0.67. BorgWarner Inc. has a twelve month low of $40.50 and a twelve month high of $78.82. The company’s 50 day moving average is $66.34 and its two-hundred day moving average is $61.56.

BorgWarner (NYSE:BWA) last released its earnings results on Wednesday, August 5th. The auto parts company reported $1.42 earnings per share (EPS) 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 return on equity of 19.10% and a net margin of 2.89%.The firm’s revenue was up .3% on a year-over-year basis. During the same period in the prior year, the firm earned $1.21 EPS. BorgWarner has set its FY 2026 guidance at 5.050-5.300 EPS. Analysts anticipate that BorgWarner Inc. will post 5.19 EPS for the current year.

BorgWarner declared that its Board of Directors has initiated a share repurchase plan 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 buy up to 7.7% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

BorgWarner Dividend Announcement

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

BorgWarner 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.