Maxi Investments CY Ltd Makes New $922,000 Investment in BorgWarner Inc. $BWA

Maxi Investments CY Ltd acquired a new position in shares of BorgWarner Inc. (NYSE:BWA) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 15,346 shares of the auto parts company’s stock, valued at approximately $922,000.

Several other large investors have also added to or reduced their stakes in BWA. Clearstead Trust LLC purchased a new position in BorgWarner during the 2nd quarter valued at about $28,000. Ceredex Value Advisors LLC purchased a new stake in shares of BorgWarner in the second quarter worth about $40,000. Fiduciary Financial Advisors purchased a new stake in shares of BorgWarner in the second quarter worth about $49,000. Cedar Mountain Advisors LLC bought a new position in shares of BorgWarner in the first quarter valued at approximately $55,000. Finally, Jones Financial Companies Lllp bought a new position in shares of BorgWarner in the second quarter valued at approximately $57,000. Institutional investors own 95.67% of the company’s stock.

Analysts Set New Price Targets

BWA has been the subject of several recent analyst reports. Wall Street Zen cut shares of BorgWarner from a “buy” rating to a “hold” rating in a research note on Saturday. Weiss Ratings reiterated a “hold (c+)” rating on shares of BorgWarner in a research note on Friday, September 25th. UBS Group cut their price target on shares of BorgWarner from $95.00 to $91.00 and set a “buy” rating for the company in a report on Wednesday, October 7th. Robert W. Baird set a $79.00 price target on shares of BorgWarner in a research report on Thursday, August 6th. Finally, Morgan Stanley boosted their price target on shares of BorgWarner from $67.00 to $71.00 and gave the company an “equal weight” rating in a research report on Thursday, August 6th. Ten investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $79.00.

Insider Buying and Selling

In other BorgWarner news, Director Michael S. Hanley sold 5,000 shares of the stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $65.51, for a total transaction of $327,550.00. Following the transaction, the director directly owned 34,313 shares in the company, valued at $2,247,844.63. This trade represents a 12.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Amy B. Kulikowski sold 2,900 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The stock was 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 approximately $667,135. The trade was a 22.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.76% of the stock is currently owned by corporate insiders.

BorgWarner Stock Up 0.3%

Shares of NYSE:BWA opened at $55.13 on Tuesday. BorgWarner Inc. has a 52-week low of $40.73 and a 52-week high of $78.82. The firm has a fifty day moving average of $62.36 and a 200 day moving average of $60.41. The firm has a market capitalization of $11.23 billion, a PE ratio of 27.57, a price-to-earnings-growth ratio of 0.81 and a beta of 1.16. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.76 and a current ratio of 2.13.

BorgWarner (NYSE:BWA) last released its earnings results on Wednesday, August 5th. The auto parts company reported $1.42 EPS for the quarter, beating analysts’ consensus estimates of $1.28 by $0.14. BorgWarner had a return on equity of 19.10% and a net margin of 2.89%. The business had revenue of $3.65 billion for the quarter, compared to analysts’ expectations of $3.58 billion. During the same quarter in the prior year, the firm earned $1.21 earnings per share. The firm’s revenue was up .3% on a year-over-year basis. BorgWarner has set its FY 2026 guidance at 5.050-5.300 EPS. As a group, research analysts anticipate that BorgWarner Inc. will post 5.19 EPS for the current fiscal year.

BorgWarner Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were given a $0.17 dividend. The ex-dividend date was Tuesday, September 1st. This represents a $0.68 dividend on an annualized basis and a yield of 1.2%. BorgWarner’s payout ratio is presently 34.00%.

BorgWarner declared that its board has approved a stock buyback plan on Wednesday, August 5th that allows the company to buy back $1 billion in outstanding shares. This buyback authorization allows the auto parts company to reacquire up to 7.7% of its stock through open market purchases. Share buyback plans are generally a sign that the company’s leadership believes its stock is undervalued.

About BorgWarner

BorgWarner Inc (NYSE:BWA) is a global automotive technology company that develops and manufactures propulsion and mobility systems for vehicle manufacturers and commercial vehicle customers. The company serves both internal-combustion and electrified vehicle markets, with a portfolio focused on improving vehicle efficiency, performance, emissions, and electrification.

Its products and technologies include turbochargers, emissions and thermal-management systems, transmission components, friction products, battery systems, battery charging equipment, power electronics, electric motors, and other electric-drive components.