Artemis Investment Management LLP Buys New Shares in BorgWarner Inc. $BWA

Artemis Investment Management LLP bought a new position in shares of BorgWarner Inc. (NYSE:BWA) during the 4th quarter, Holdings Channel reports. The institutional investor bought 50,006 shares of the auto parts company’s stock, valued at approximately $2,253,000.

Several other large investors have also recently bought and sold shares of BWA. Acadian Asset Management LLC grew its stake in BorgWarner by 23.7% in the first quarter. Acadian Asset Management LLC now owns 8,979 shares of the auto parts company’s stock valued at $257,000 after purchasing an additional 1,723 shares in the last quarter. Sivia Capital Partners LLC bought a new stake in shares of BorgWarner during the 2nd quarter worth approximately $339,000. EverSource Wealth Advisors LLC boosted its holdings in shares of BorgWarner by 400.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 5,531 shares of the auto parts company’s stock valued at $185,000 after buying an additional 4,426 shares during the last quarter. Marshall Wace LLP bought a new position in shares of BorgWarner in the second quarter valued at $247,000. Finally, Cerity Partners LLC grew its stake in shares of BorgWarner by 30.2% in the second quarter. Cerity Partners LLC now owns 143,841 shares of the auto parts company’s stock valued at $4,816,000 after buying an additional 33,362 shares in the last quarter. 95.67% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, VP Isabelle Mckenzie sold 2,458 shares of BorgWarner stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $61.54, for a total transaction of $151,265.32. Following the completion of the transaction, the vice president owned 66,351 shares of the company’s stock, valued at $4,083,240.54. This trade represents a 3.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Tonit M. Calaway sold 14,021 shares of the business’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $51.46, for a total transaction of $721,520.66. Following the completion of the transaction, the executive vice president owned 204,913 shares in the company, valued at approximately $10,544,822.98. The trade was a 6.40% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 78,083 shares of company stock worth $4,638,585. Corporate insiders own 0.76% of the company’s stock.

BorgWarner Trading Down 0.3%

NYSE BWA opened at $56.79 on Friday. The firm has a market capitalization of $11.70 billion, a PE ratio of 45.43, a price-to-earnings-growth ratio of 1.19 and a beta of 1.00. The business’s 50-day moving average price is $54.41 and its two-hundred day moving average price is $49.46. The company has a current ratio of 2.07, a quick ratio of 1.70 and a debt-to-equity ratio of 0.69. BorgWarner Inc. has a 12 month low of $28.70 and a 12 month high of $70.08.

BorgWarner (NYSE:BWA) last issued its quarterly earnings data on Wednesday, February 11th. The auto parts company reported $1.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.16 by $0.19. BorgWarner had a return on equity of 17.89% and a net margin of 1.93%.The company had revenue of $3.57 billion during the quarter, compared to the consensus estimate of $3.49 billion. During the same period last year, the company earned $1.01 earnings per share. The firm’s revenue was up 3.9% compared to the same quarter last year. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. On average, analysts expect that BorgWarner Inc. will post 5.14 EPS for the current year.

BorgWarner Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be given a $0.17 dividend. The ex-dividend date is Monday, June 1st. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.2%. BorgWarner’s payout ratio is 54.40%.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. Wolfe Research raised BorgWarner from a “peer perform” rating to an “outperform” rating and set a $68.00 target price on the stock in a report on Wednesday, March 25th. The Goldman Sachs Group raised their target price on shares of BorgWarner from $54.00 to $78.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Evercore restated an “outperform” rating and issued a $75.00 price target on shares of BorgWarner in a research report on Tuesday, February 17th. TD Cowen restated a “hold” rating on shares of BorgWarner in a research report on Thursday, February 12th. Finally, Bank of America started coverage on shares of BorgWarner in a report on Wednesday, March 4th. They issued a “neutral” rating for the company. Seven research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, BorgWarner has an average rating of “Moderate Buy” and a consensus target price of $66.77.

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.