BorgWarner Inc. $BWA Shares Bought by Danske Bank A S

Danske Bank A S raised its stake in BorgWarner Inc. (NYSE:BWA) by 1,314.6% in the fourth quarter, HoldingsChannel.com reports. The fund owned 492,199 shares of the auto parts company’s stock after purchasing an additional 457,406 shares during the quarter. Danske Bank A S’s holdings in BorgWarner were worth $22,178,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in BWA. Acadian Asset Management LLC raised its holdings in shares of BorgWarner by 23.7% in the first quarter. Acadian Asset Management LLC now owns 8,979 shares of the auto parts company’s stock worth $257,000 after acquiring an additional 1,723 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in BorgWarner in the second quarter valued at $339,000. EverSource Wealth Advisors LLC increased its stake in BorgWarner by 400.5% in the second quarter. EverSource Wealth Advisors LLC now owns 5,531 shares of the auto parts company’s stock valued at $185,000 after purchasing an additional 4,426 shares during the last quarter. Marshall Wace LLP acquired a new position in BorgWarner in the second quarter valued at $247,000. Finally, Cerity Partners LLC grew its position in BorgWarner by 30.2% during the second quarter. Cerity Partners LLC now owns 143,841 shares of the auto parts company’s stock valued at $4,816,000 after acquiring an additional 33,362 shares during the period. 95.67% of the stock is owned by institutional investors and hedge funds.

BorgWarner Trading Down 0.3%

Shares of NYSE BWA opened at $56.79 on Friday. The company has a quick ratio of 1.70, a current ratio of 2.07 and a debt-to-equity ratio of 0.69. The stock’s 50 day moving average price is $54.41 and its two-hundred day moving average price is $49.46. The stock has a market capitalization of $11.70 billion, a P/E ratio of 45.43, a PEG ratio of 1.19 and a beta of 1.00. BorgWarner Inc. has a 52-week low of $28.70 and a 52-week high of $70.08.

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

BorgWarner Dividend Announcement

The business 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 dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Monday, June 1st. BorgWarner’s dividend payout ratio is presently 54.40%.

Wall Street Analyst Weigh In

A number of research firms have issued reports on BWA. Robert W. Baird set a $76.00 price target on BorgWarner in a research report on Thursday, February 12th. Morgan Stanley set a $60.00 target price on BorgWarner in a research report on Thursday, February 12th. TD Cowen reaffirmed a “hold” rating on shares of BorgWarner in a research report on Thursday, February 12th. The Goldman Sachs Group boosted their price target on BorgWarner from $54.00 to $78.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. Finally, Barclays boosted their price target on BorgWarner from $55.00 to $70.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. Seven research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $66.77.

Insiders Place Their Bets

In related news, EVP Tania Wingfield sold 17,867 shares of the stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $63.43, for a total value of $1,133,303.81. Following the completion of the transaction, the executive vice president directly owned 45,429 shares of the company’s stock, valued at $2,881,561.47. This represents a 28.23% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Isabelle Mckenzie sold 3,500 shares of the stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $63.26, for a total value of $221,410.00. Following the completion of the transaction, the vice president directly owned 68,809 shares of the company’s stock, valued at $4,352,857.34. This trade represents a 4.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 78,083 shares of company stock worth $4,638,585. 0.76% of the stock is owned by company insiders.

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.