Jupiter Topco LLC Buys Shares of 89,450 BorgWarner Inc. $BWA

Jupiter Topco LLC purchased a new position in shares of BorgWarner Inc. (NYSE:BWA) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 89,450 shares of the auto parts company’s stock, valued at approximately $5,937,000.

Several other institutional investors have also modified their holdings of the business. BlackRock Inc. bought a new stake in shares of BorgWarner during the second quarter worth $1,678,187,000. AQR Capital Management LLC lifted its position in BorgWarner by 119.7% in the 3rd quarter. AQR Capital Management LLC now owns 7,518,776 shares of the auto parts company’s stock valued at $330,525,000 after acquiring an additional 4,095,902 shares in the last quarter. William Blair Investment Management LLC bought a new stake in BorgWarner in the 2nd quarter valued at $251,305,000. Norges Bank acquired a new position in BorgWarner in the 4th quarter worth $156,794,000. Finally, Bank of New York Mellon Corp bought a new position in BorgWarner during the 2nd quarter worth about $112,292,000. Institutional investors own 95.67% of the company’s stock.

Insiders Place Their Bets

In other news, Director Rajesh Kalathur bought 7,407 shares of the company’s stock in a transaction dated Wednesday, August 19th. The shares were bought at an average cost of $67.59 per share, with a total value of $500,639.13. Following the acquisition, the director owned 7,407 shares in the company, valued at $500,639.13. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Amy B. Kulikowski sold 2,900 shares of the firm’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $68.60, for a total transaction of $198,940.00. Following the completion of the sale, the chief accounting officer owned 9,725 shares of the company’s stock, valued at $667,135. This trade represents a 22.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. Wolfe Research reaffirmed an “outperform” rating and set a $95.00 price objective on shares of BorgWarner in a research report on Wednesday, June 3rd. UBS Group raised BorgWarner from a “neutral” rating to a “buy” rating and lifted their target price for the company from $61.00 to $95.00 in a research report on Wednesday, June 10th. Wells Fargo & Company upped their price target on BorgWarner from $68.00 to $83.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 2nd. Morgan Stanley lifted their price objective on shares of BorgWarner from $67.00 to $71.00 and gave the company an “equal weight” rating in a report on Thursday, August 6th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of BorgWarner from $75.00 to $85.00 and gave the stock an “overweight” rating in a research report on Monday, August 10th. Ten research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, BorgWarner has a consensus rating of “Moderate Buy” and a consensus price target of $76.67.

BorgWarner Stock Performance

Shares of NYSE BWA opened at $64.32 on Tuesday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.76 and a current ratio of 2.13. The stock has a 50 day moving average price of $65.43 and a 200 day moving average price of $62.21. The stock has a market capitalization of $13.10 billion, a PE ratio of 32.16, a price-to-earnings-growth ratio of 1.15 and a beta of 1.10. BorgWarner Inc. has a 52 week low of $40.50 and a 52 week high of $78.82.

BorgWarner (NYSE:BWA) last posted its quarterly earnings results on Wednesday, August 5th. The auto parts company reported $1.42 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.14. BorgWarner had a return on equity of 19.10% and a net margin of 2.89%.The firm had revenue of $3.65 billion for the quarter, compared to analyst estimates of $3.58 billion. During the same quarter in the previous year, the firm earned $1.21 EPS. The business’s quarterly revenue was up .3% on a year-over-year basis. BorgWarner has set its FY 2026 guidance at 5.050-5.300 EPS. Analysts predict that BorgWarner Inc. will post 5.2 earnings per share for the current fiscal year.

BorgWarner announced that its board has initiated a stock repurchase plan on Wednesday, August 5th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the auto parts company to reacquire up to 7.7% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s leadership believes its shares are undervalued.

BorgWarner Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a $0.17 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $0.68 dividend on an annualized basis and a yield of 1.1%. BorgWarner’s dividend payout ratio (DPR) is currently 34.00%.

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.