Analysts Set BorgWarner Inc. (NYSE:BWA) Price Target at $45.85

Shares of BorgWarner Inc. (NYSE:BWA) have been assigned a consensus rating of “Moderate Buy” from the seventeen brokerages that are presently covering the stock, MarketBeat Ratings reports. Six investment analysts have rated the stock with a hold recommendation, ten have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $45.8462.

A number of brokerages recently weighed in on BWA. Barclays boosted their price objective on BorgWarner from $45.00 to $55.00 and gave the stock an “overweight” rating in a research report on Friday, October 10th. Robert W. Baird set a $54.00 price target on BorgWarner in a report on Friday, October 31st. UBS Group upped their price objective on BorgWarner from $43.00 to $46.00 and gave the company a “neutral” rating in a research note on Monday, October 6th. Piper Sandler lifted their target price on shares of BorgWarner from $37.00 to $44.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. Finally, Wells Fargo & Company upped their price target on shares of BorgWarner from $50.00 to $54.00 and gave the company an “overweight” rating in a research report on Thursday, September 25th.

Insiders Place Their Bets

In other BorgWarner news, VP Stefan Demmerle sold 15,000 shares of the company’s stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $45.52, for a total value of $682,800.00. Following the sale, the vice president owned 209,040 shares in the company, valued at approximately $9,515,500.80. The trade was a 6.70% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Isabelle Mckenzie sold 3,200 shares of the firm’s stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $44.23, for a total value of $141,536.00. Following the transaction, the vice president owned 43,555 shares of the company’s stock, valued at $1,926,437.65. This trade represents a 6.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 31,972 shares of company stock valued at $1,425,479. 0.45% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Blackston Financial Advisory Group LLC grew its holdings in BorgWarner by 3.4% during the 2nd quarter. Blackston Financial Advisory Group LLC now owns 7,970 shares of the auto parts company’s stock valued at $267,000 after purchasing an additional 265 shares during the last quarter. Fifth Third Wealth Advisors LLC boosted its position in shares of BorgWarner by 4.1% during the third quarter. Fifth Third Wealth Advisors LLC now owns 6,832 shares of the auto parts company’s stock valued at $300,000 after buying an additional 272 shares during the period. Trajan Wealth LLC grew its stake 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 valued at $229,000 after buying an additional 353 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in shares of BorgWarner by 3.4% in the third quarter. Envestnet Portfolio Solutions Inc. now owns 10,937 shares of the auto parts company’s stock worth $481,000 after buying an additional 356 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of BorgWarner by 18.4% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,321 shares of the auto parts company’s stock worth $102,000 after acquiring an additional 360 shares during the last quarter. Institutional investors and hedge funds own 95.67% of the company’s stock.

BorgWarner Trading Down 1.4%

Shares of BorgWarner stock opened at $45.36 on Friday. The firm’s 50 day moving average is $43.71 and its 200 day moving average is $38.31. The firm has a market capitalization of $9.70 billion, a PE ratio of 48.25, a price-to-earnings-growth ratio of 1.58 and a beta of 1.06. BorgWarner has a 1 year low of $24.40 and a 1 year high of $46.39. The company has a current ratio of 2.02, a quick ratio of 1.66 and a debt-to-equity ratio of 0.64.

BorgWarner (NYSE:BWA) last issued its earnings results on Thursday, October 30th. The auto parts company reported $1.24 earnings per share for the quarter, beating analysts’ consensus estimates of $1.16 by $0.08. The firm had revenue of $3.59 billion for the quarter, compared to analyst estimates of $3.58 billion. BorgWarner had a net margin of 1.50% and a return on equity of 16.17%. The company’s quarterly revenue was up 4.1% on a year-over-year basis. During the same quarter last year, the business posted $1.09 earnings per share. BorgWarner has set its FY 2025 guidance at 4.600-4.750 EPS. Equities research analysts forecast that BorgWarner will post 4.28 earnings per share for the current fiscal year.

BorgWarner Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Monday, December 1st will be issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Monday, December 1st. BorgWarner’s dividend payout ratio is presently 107.94%.

BorgWarner declared that its Board of Directors has initiated a stock buyback 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 repurchase up to 13.2% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

BorgWarner Company 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.