Panagora Asset Management Inc. Has $101.20 Million Position in BorgWarner Inc. $BWA

Panagora Asset Management Inc. grew its holdings in shares of BorgWarner Inc. (NYSE:BWA) by 27.2% in the fourth quarter, HoldingsChannel.com reports. The fund owned 2,245,880 shares of the auto parts company’s stock after acquiring an additional 479,939 shares during the quarter. Panagora Asset Management Inc.’s holdings in BorgWarner were worth $101,199,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of BWA. Acadian Asset Management LLC grew its holdings in BorgWarner by 23.7% during the 1st 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 period. Sivia Capital Partners LLC acquired a new stake in shares of BorgWarner in the 2nd quarter valued at about $339,000. EverSource Wealth Advisors LLC grew its stake 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 period. Marshall Wace LLP acquired a new stake in shares of BorgWarner in the 2nd quarter valued at about $247,000. Finally, Cerity Partners LLC grew its stake in shares of BorgWarner by 30.2% in the 2nd 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 during the period. 95.67% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other BorgWarner news, CEO Joseph F. Fadool sold 29,000 shares of BorgWarner stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $67.31, for a total transaction of $1,951,990.00. Following the transaction, the chief executive officer owned 405,964 shares of the company’s stock, valued at $27,325,436.84. This trade represents a 6.67% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Tania Wingfield sold 5,000 shares of BorgWarner stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $63.24, for a total transaction of $316,200.00. Following the transaction, the executive vice president directly owned 35,365 shares in the company, valued at approximately $2,236,482.60. This represents a 12.39% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 67,500 shares of company stock worth $4,310,115 in the last quarter. 0.76% of the stock is owned by corporate insiders.

BorgWarner Price Performance

Shares of NYSE BWA opened at $74.61 on Monday. BorgWarner Inc. has a fifty-two week low of $32.24 and a fifty-two week high of $78.82. The stock has a market cap of $15.30 billion, a price-to-earnings ratio of 44.15, a PEG ratio of 1.43 and a beta of 1.07. 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 firm’s 50-day simple moving average is $62.20 and its 200 day simple moving average is $54.43.

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

BorgWarner Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be given a $0.17 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $0.68 annualized dividend and a yield of 0.9%. BorgWarner’s dividend payout ratio (DPR) is presently 40.24%.

Wall Street Analyst Weigh In

Several analysts have recently commented on BWA shares. Wall Street Zen downgraded BorgWarner from a “buy” rating to a “hold” rating in a research note on Saturday, June 6th. JPMorgan Chase & Co. raised their target price on BorgWarner from $73.00 to $75.00 and gave the company an “overweight” rating in a research note on Thursday, May 14th. TD Cowen raised their target price on BorgWarner from $66.00 to $67.00 and gave the company a “hold” rating in a research note on Thursday, May 7th. Wells Fargo & Company raised their price target on shares of BorgWarner from $68.00 to $83.00 and gave the company an “overweight” rating in a research report on Tuesday, June 2nd. Finally, Morgan Stanley raised their price target on shares of BorgWarner from $60.00 to $67.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 27th. Nine equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $74.00.

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.