BorgWarner Inc. $BWA Shares Purchased by Blue Trust Inc.

Blue Trust Inc. boosted its position in BorgWarner Inc. (NYSE:BWA) by 14.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,194 shares of the auto parts company’s stock after acquiring an additional 2,043 shares during the quarter. Blue Trust Inc.’s holdings in BorgWarner were worth $542,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Trajan Wealth LLC grew its position in shares of BorgWarner by 4.6% during the first quarter. Trajan Wealth LLC now owns 7,978 shares of the auto parts company’s stock worth $229,000 after acquiring an additional 353 shares during the last quarter. Tectonic Advisors LLC grew its position in shares of BorgWarner by 2.3% during the second quarter. Tectonic Advisors LLC now owns 17,002 shares of the auto parts company’s stock worth $569,000 after acquiring an additional 388 shares during the last quarter. Farther Finance Advisors LLC grew its position in shares of BorgWarner by 26.1% during the first quarter. Farther Finance Advisors LLC now owns 1,965 shares of the auto parts company’s stock worth $56,000 after acquiring an additional 407 shares during the last quarter. Beverly Hills Private Wealth LLC grew its position in shares of BorgWarner by 5.7% during the first quarter. Beverly Hills Private Wealth LLC now owns 7,852 shares of the auto parts company’s stock worth $225,000 after acquiring an additional 421 shares during the last quarter. Finally, Strengthening Families & Communities LLC lifted its holdings in shares of BorgWarner by 14.6% during the first quarter. Strengthening Families & Communities LLC now owns 3,301 shares of the auto parts company’s stock worth $95,000 after purchasing an additional 421 shares during the period. Institutional investors and hedge funds own 95.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on BWA shares. Zacks Research raised BorgWarner from a “hold” rating to a “strong-buy” rating in a report on Friday, September 12th. Wall Street Zen raised BorgWarner from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 12th. UBS Group increased their price target on BorgWarner from $43.00 to $46.00 and gave the stock a “neutral” rating in a report on Monday, October 6th. Robert W. Baird raised BorgWarner from a “neutral” rating to an “outperform” rating and increased their price target for the stock from $41.00 to $52.00 in a report on Wednesday, September 3rd. Finally, Evercore ISI increased their price target on BorgWarner from $38.00 to $42.00 and gave the stock an “outperform” rating in a report on Monday, August 4th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, BorgWarner currently has a consensus rating of “Moderate Buy” and a consensus target price of $44.07.

Insider Transactions at BorgWarner

In other news, VP Stefan Demmerle sold 15,000 shares of BorgWarner stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $39.31, for a total transaction of $589,650.00. Following the completion of the transaction, the vice president owned 234,040 shares of the company’s stock, valued at $9,200,112.40. The trade was a 6.02% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Alexis P. Michas sold 8,772 shares of BorgWarner stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $42.31, for a total value of $371,143.32. Following the transaction, the director directly owned 78,903 shares of the company’s stock, valued at $3,338,385.93. This trade represents a 10.01% decrease in their position. The disclosure for this sale can be found here. Insiders sold 31,272 shares of company stock valued at $1,263,318 in the last 90 days. 0.63% of the stock is currently owned by insiders.

BorgWarner Price Performance

BorgWarner stock opened at $41.18 on Monday. BorgWarner Inc. has a one year low of $24.40 and a one year high of $44.97. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.66 and a current ratio of 2.02. The business has a fifty day moving average of $42.56 and a two-hundred day moving average of $35.54. The company has a market cap of $8.91 billion, a P/E ratio of 43.81, a price-to-earnings-growth ratio of 1.36 and a beta of 1.09.

BorgWarner (NYSE:BWA) last released its quarterly earnings results on Thursday, July 31st. The auto parts company reported $1.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.06 by $0.15. The business had revenue of $3.64 billion during the quarter, compared to the consensus estimate of $3.56 billion. BorgWarner had a return on equity of 16.17% and a net margin of 1.50%.The business’s revenue was up 1.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.19 EPS. BorgWarner has set its FY 2025 guidance at 4.450-4.65 EPS. As a group, analysts predict that BorgWarner Inc. will post 4.28 earnings per share for the current fiscal year.

BorgWarner Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Tuesday, September 2nd were paid a dividend of $0.17 per share. This is a boost from BorgWarner’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $0.68 annualized dividend and a dividend yield of 1.7%. BorgWarner’s dividend payout ratio is presently 72.34%.

BorgWarner announced that its board has approved a share repurchase program on Thursday, July 31st that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the auto parts company to buy up to 13.2% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s management believes its stock is undervalued.

BorgWarner Profile

BorgWarner Inc, together with its subsidiaries, provides solutions for combustion, hybrid, and electric vehicles worldwide. It offers turbochargers, eBoosters, eTurbos, timing systems, emissions systems, thermal systems, gasoline ignition technology, smart remote actuators, powertrain sensors, cabin heaters, battery modules and systems, battery heaters, and battery charging.