BorgWarner Inc. $BWA Stake Boosted by Prudential PLC

Prudential PLC grew its stake in shares of BorgWarner Inc. (NYSE:BWA) by 175.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 60,747 shares of the auto parts company’s stock after acquiring an additional 38,705 shares during the period. Prudential PLC’s holdings in BorgWarner were worth $2,737,000 as of its most recent SEC filing.

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

Insider Activity

In other BorgWarner news, VP Stefan Demmerle sold 20,000 shares of the business’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $59.26, for a total transaction of $1,185,200.00. Following the completion of the transaction, the vice president owned 213,746 shares of the company’s stock, valued at $12,666,587.96. The trade was a 8.56% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Isabelle Mckenzie sold 3,500 shares of the business’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $63.35, for a total transaction of $221,725.00. Following the transaction, the vice president owned 57,828 shares in the company, valued at approximately $3,663,403.80. The trade was a 5.71% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 82,012 shares of company stock worth $5,071,038. Insiders own 0.76% of the company’s stock.

BorgWarner Stock Up 0.1%

BorgWarner stock opened at $72.72 on Monday. The firm has a market cap of $14.92 billion, a price-to-earnings ratio of 43.03, a P/E/G ratio of 1.39 and a beta of 1.07. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.13 and a quick ratio of 1.75. BorgWarner Inc. has a fifty-two week low of $32.22 and a fifty-two week high of $78.82. The firm has a fifty day moving average price of $60.20 and a two-hundred day moving average price of $53.32.

BorgWarner (NYSE:BWA) last released its earnings results on Wednesday, May 6th. The auto parts company reported $1.24 earnings per share for the quarter, topping analysts’ consensus estimates 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 net margin of 2.53% and a return on equity of 18.36%. The business’s revenue was up .5% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.11 EPS. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. As a group, analysts forecast that BorgWarner Inc. will post 5.18 earnings per share for the current year.

BorgWarner Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be given a dividend of $0.17 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $0.68 dividend on an annualized basis and a yield of 0.9%. BorgWarner’s payout ratio is currently 40.24%.

Analyst Ratings Changes

Several research firms recently issued reports on BWA. New Street Research set a $66.00 price objective on shares of BorgWarner in a research note on Thursday, February 12th. The Goldman Sachs Group lifted their price objective on shares of BorgWarner from $54.00 to $78.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. Robert W. Baird set a $76.00 price objective on shares of BorgWarner in a research note on Thursday, February 12th. Deutsche Bank Aktiengesellschaft set a $81.00 price objective on shares of BorgWarner in a research note on Tuesday, April 21st. Finally, Morgan Stanley lifted their price objective on shares of BorgWarner from $60.00 to $67.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 27th. Seven research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $71.14.

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.