BorgWarner Inc. (NYSE:BWA) Receives $68.14 Average Target Price from Analysts

Shares of BorgWarner Inc. (NYSE:BWA) have been assigned an average recommendation of “Moderate Buy” from the fourteen research firms that are currently covering the stock, Marketbeat.com reports. Seven analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $71.1429.

BWA has been the subject of a number of analyst reports. Evercore restated an “outperform” rating and set a $75.00 target price on shares of BorgWarner in a report on Tuesday, February 17th. Robert W. Baird set a $76.00 price objective on BorgWarner in a report on Thursday, February 12th. UBS Group increased their price objective on BorgWarner from $56.00 to $61.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Deutsche Bank Aktiengesellschaft set a $81.00 price objective on BorgWarner in a report on Tuesday, April 21st. Finally, New Street Research set a $66.00 price objective on BorgWarner in a report on Thursday, February 12th.

Insider Activity

In other news, CEO Joseph F. Fadool sold 29,000 shares of the stock in a transaction 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 completion of the sale, the chief executive officer owned 405,964 shares in the company, valued at approximately $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 accessible through this hyperlink. Also, VP Isabelle Mckenzie sold 3,500 shares of the stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $63.35, for a total value of $221,725.00. Following the sale, the vice president owned 57,828 shares of the company’s stock, valued at approximately $3,663,403.80. This represents a 5.71% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 96,033 shares of company stock worth $5,792,558. Company insiders own 0.76% of the company’s stock.

Hedge Funds Weigh In On BorgWarner

Several hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of BorgWarner by 2.5% in the 3rd quarter. Vanguard Group Inc. now owns 27,578,374 shares of the auto parts company’s stock valued at $1,212,345,000 after acquiring an additional 667,788 shares during the period. Dimensional Fund Advisors LP increased its position in shares of BorgWarner by 1.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 11,961,482 shares of the auto parts company’s stock valued at $538,996,000 after acquiring an additional 178,853 shares during the period. AQR Capital Management LLC increased its position in shares of BorgWarner by 22.7% in 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 acquiring an additional 1,703,576 shares during the period. State Street Corp increased its position in shares of 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 period. Finally, LSV Asset Management increased its position in shares of BorgWarner by 6.7% in the 4th quarter. LSV Asset Management now owns 6,446,541 shares of the auto parts company’s stock valued at $290,481,000 after acquiring an additional 402,887 shares during the period. 95.67% of the stock is owned by institutional investors and hedge funds.

BorgWarner Stock Up 3.4%

BorgWarner stock opened at $76.58 on Thursday. The business has a fifty day moving average of $59.42 and a two-hundred day moving average of $52.89. The company has a quick ratio of 1.75, a current ratio of 2.13 and a debt-to-equity ratio of 0.69. The firm has a market cap of $15.71 billion, a P/E ratio of 45.31, a P/E/G ratio of 1.42 and a beta of 1.07. BorgWarner has a twelve month low of $31.83 and a twelve month high of $78.82.

BorgWarner (NYSE:BWA) last posted its earnings results on Wednesday, May 6th. The auto parts company reported $1.24 earnings per share for the quarter, topping analysts’ consensus estimates of $1.16 by $0.08. The company had revenue of $3.53 billion during the quarter, compared to analyst estimates of $3.50 billion. BorgWarner had a return on equity of 18.36% and a net margin of 2.53%.BorgWarner’s revenue was up .5% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.11 earnings per share. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. On average, analysts forecast that BorgWarner will post 5.18 earnings per share for the current fiscal year.

BorgWarner Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be issued a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Monday, June 1st. BorgWarner’s dividend payout ratio is currently 40.24%.

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.