Los Angeles Capital Management LLC Sells 16,694 Shares of BorgWarner Inc. $BWA

Los Angeles Capital Management LLC reduced its position in shares of BorgWarner Inc. (NYSE:BWA) by 2.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 692,995 shares of the auto parts company’s stock after selling 16,694 shares during the quarter. Los Angeles Capital Management LLC’s holdings in BorgWarner were worth $30,589,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BWA. AQR Capital Management LLC raised its holdings in BorgWarner by 119.7% during the 3rd quarter. AQR Capital Management LLC now owns 7,518,776 shares of the auto parts company’s stock worth $330,525,000 after purchasing an additional 4,095,902 shares during the last quarter. Norges Bank bought a new stake in BorgWarner during the 4th quarter worth about $156,794,000. Adage Capital Partners GP L.L.C. raised its holdings in BorgWarner by 233.6% during the 2nd quarter. Adage Capital Partners GP L.L.C. now owns 1,111,000 shares of the auto parts company’s stock worth $37,196,000 after purchasing an additional 778,000 shares during the last quarter. Electron Capital Partners LLC bought a new stake in BorgWarner during the 3rd quarter worth about $31,820,000. Finally, Robeco Institutional Asset Management B.V. raised its holdings in BorgWarner by 64.9% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,835,337 shares of the auto parts company’s stock worth $82,700,000 after purchasing an additional 722,356 shares during the last quarter. 95.67% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have weighed in on BWA. Bank of America began coverage on BorgWarner in a report on Wednesday, March 4th. They set a “neutral” rating for the company. Wall Street Zen cut BorgWarner from a “buy” rating to a “hold” rating in a report on Saturday. JPMorgan Chase & Co. boosted their price objective on BorgWarner from $73.00 to $75.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. The Goldman Sachs Group boosted their price objective on BorgWarner from $54.00 to $78.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Finally, New Street Research set a $66.00 price target on BorgWarner in a research note on Thursday, February 12th. Seven analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $71.14.

BorgWarner Price Performance

NYSE BWA opened at $72.72 on Monday. The business has a 50 day simple moving average of $60.20 and a 200 day simple moving average of $53.32. BorgWarner Inc. has a 52-week low of $32.22 and a 52-week high of $78.82. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.75 and a current ratio of 2.13. The stock has a market cap of $14.92 billion, a price-to-earnings ratio of 43.03, a PEG ratio of 1.39 and a beta of 1.07.

BorgWarner (NYSE:BWA) last posted its quarterly earnings data on Wednesday, May 6th. The auto parts company reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.16 by $0.08. BorgWarner had a net margin of 2.53% and a return on equity of 18.36%. The company had revenue of $3.53 billion for the quarter, compared to the consensus estimate of $3.50 billion. During the same period last year, the company earned $1.11 earnings per share. The firm’s revenue was up .5% compared to the same quarter last year. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. Analysts anticipate that BorgWarner Inc. will post 5.18 earnings per share for the current fiscal year.

BorgWarner Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be issued 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 0.9%. BorgWarner’s dividend payout ratio (DPR) is 40.24%.

Insider Buying and Selling

In other news, VP Stefan Demmerle sold 5,000 shares of BorgWarner stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $65.00, for a total value of $325,000.00. Following the sale, the vice president directly owned 203,746 shares in the company, valued at $13,243,490. This trade represents a 2.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Tania Wingfield sold 5,000 shares of the stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $63.24, for a total value of $316,200.00. Following the completion of the sale, the executive vice president directly owned 35,365 shares of the company’s stock, valued at approximately $2,236,482.60. The trade was a 12.39% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 82,012 shares of company stock valued at $5,071,038 over the last ninety days. Insiders own 0.76% of the company’s stock.

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.