BorgWarner Inc. (NYSE:BWA – Get Free Report) CAO Amy Kulikowski sold 2,900 shares of BorgWarner stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $68.60, for a total transaction of $198,940.00. Following the transaction, the chief accounting officer directly owned 9,725 shares of the company’s stock, valued at approximately $667,135. This trade represents a 22.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
BorgWarner Stock Performance
BWA opened at $64.66 on Friday. The firm has a fifty day moving average price of $66.48 and a 200 day moving average price of $61.52. BorgWarner Inc. has a 1 year low of $40.50 and a 1 year high of $78.82. The stock has a market cap of $13.17 billion, a P/E ratio of 32.33, a P/E/G ratio of 1.19 and a beta of 1.10. The company has a debt-to-equity ratio of 0.67, a current ratio of 2.13 and a quick ratio of 1.76.
BorgWarner (NYSE:BWA – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The auto parts company reported $1.42 EPS for the quarter, beating the consensus estimate of $1.28 by $0.14. The company had revenue of $3.65 billion for the quarter, compared to analyst estimates of $3.58 billion. BorgWarner had a net margin of 2.89% and a return on equity of 19.10%. The firm’s revenue was up .3% on a year-over-year basis. During the same quarter last year, the business earned $1.21 earnings per share. BorgWarner has set its FY 2026 guidance at 5.050-5.300 EPS. Equities research analysts anticipate that BorgWarner Inc. will post 5.19 earnings per share for the current year.
BorgWarner Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be given a dividend of $0.17 per share. The ex-dividend date is Tuesday, September 1st. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.1%. BorgWarner’s dividend payout ratio (DPR) is 34.00%.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of BWA. Clearstead Trust LLC purchased a new stake in BorgWarner during the 2nd quarter worth approximately $28,000. Ceredex Value Advisors LLC acquired a new position in shares of BorgWarner during the second quarter valued at approximately $40,000. Fiduciary Financial Advisors acquired a new position in shares of BorgWarner during the second quarter valued at approximately $49,000. Prosperity Bancshares Inc purchased a new position in shares of BorgWarner in the fourth quarter valued at approximately $37,000. Finally, Jones Financial Companies Lllp acquired a new stake in shares of BorgWarner in the second quarter worth approximately $57,000. Institutional investors and hedge funds own 95.67% of the company’s stock.
Analyst Ratings Changes
A number of brokerages have issued reports on BWA. Wells Fargo & Company increased 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. Weiss Ratings upgraded BorgWarner from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, June 29th. Sanford C. Bernstein raised BorgWarner to a “buy” rating in a research note on Wednesday, June 10th. Deutsche Bank Aktiengesellschaft set a $80.00 target price on BorgWarner in a research report on Thursday, August 6th. Finally, Morgan Stanley lifted their price target on shares of BorgWarner from $67.00 to $71.00 and gave the company an “equal weight” rating in a research note on Thursday, August 6th. Nine investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $75.93.
BorgWarner Company 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.
Featured Stories
- Five stocks we like better than BorgWarner
- Moderna’s 177% Surge Has Investors Asking What Comes Next
- 3 Energy Stocks Raising Dividends as the Sector Surges
- 5 Reasons the S&P 500 Could Keep Rallying Through Year-End
- Walmart’s Post-Earnings Drop Could Be a Buying Opportunity
Receive News & Ratings for BorgWarner Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BorgWarner and related companies with MarketBeat.com's FREE daily email newsletter.
