BorgWarner (NYSE:BWA) VP Sells $221,725.00 in Stock

BorgWarner Inc. (NYSE:BWA) VP Isabelle Mckenzie sold 3,500 shares of the company’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $63.35, for a total value of $221,725.00. Following the completion of the sale, the vice president owned 57,828 shares of the company’s stock, valued at $3,663,403.80. This trade represents a 5.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Isabelle Mckenzie also recently made the following trade(s):

• On Wednesday, February 18th, Isabelle Mckenzie sold 2,458 shares of BorgWarner stock. The stock was sold at an average price of $61.54, for a total value of $151,265.32.
• On Friday, February 13th, Isabelle Mckenzie sold 3,500 shares of BorgWarner stock. The stock was sold at an average price of $63.26, for a total value of $221,410.00.

BorgWarner Stock Performance

Shares of NYSE:BWA traded up $4.02 during midday trading on Wednesday, hitting $67.76. The company had a trading volume of 3,243,449 shares, compared to its average volume of 2,782,435. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.13 and a quick ratio of 1.75. The company has a market cap of $13.90 billion, a price-to-earnings ratio of 40.14, a PEG ratio of 1.30 and a beta of 1.00. BorgWarner Inc. has a 12-month low of $31.83 and a 12-month high of $70.08. The company has a fifty day moving average of $54.66 and a two-hundred day moving average of $50.26.

BorgWarner (NYSE:BWA) last posted its quarterly earnings data on Wednesday, May 6th. The auto parts company reported $1.24 EPS for the quarter, topping the consensus estimate of $1.16 by $0.08. The firm had revenue of $3.53 billion during the quarter, compared to analyst estimates of $3.50 billion. BorgWarner had a return on equity of 18.36% and a net margin of 2.53%.BorgWarner’s revenue was up .5% on a year-over-year basis. During the same period in the prior year, the business posted $1.11 EPS. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. On average, equities research analysts expect that BorgWarner Inc. will post 5.13 EPS for the current fiscal year.

BorgWarner Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be given a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Monday, June 1st. BorgWarner’s dividend payout ratio is presently 40.24%.

Analyst Upgrades and Downgrades

BWA has been the subject of a number of analyst reports. TD Cowen increased their price target on BorgWarner from $66.00 to $67.00 and gave the stock a “hold” rating in a research note on Thursday, May 7th. Deutsche Bank Aktiengesellschaft set a $81.00 price target on BorgWarner in a research note on Tuesday, April 21st. JPMorgan Chase & Co. cut their price target on BorgWarner to $73.00 and set an “overweight” rating for the company in a research note on Thursday, April 23rd. Weiss Ratings reiterated a “hold (c)” rating on shares of BorgWarner in a research note on Monday, April 20th. Finally, Wall Street Zen lowered BorgWarner from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Seven equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, BorgWarner currently has an average rating of “Moderate Buy” and a consensus target price of $67.50.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Jackson Creek Investment Advisors LLC purchased a new position in BorgWarner in the third quarter worth about $1,876,000. Savant Capital LLC grew its position in BorgWarner by 130.4% in the third quarter. Savant Capital LLC now owns 72,427 shares of the auto parts company’s stock worth $3,184,000 after acquiring an additional 40,993 shares in the last quarter. Ritholtz Wealth Management purchased a new position in BorgWarner in the third quarter worth about $1,016,000. Sivia Capital Partners LLC purchased a new position in BorgWarner in the second quarter worth about $339,000. Finally, Arjuna Capital purchased a new position in BorgWarner in the third quarter worth about $1,526,000. Hedge funds and other institutional investors own 95.67% of the company’s stock.

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.