Cullen Capital Management LLC Invests $4.94 Million in BorgWarner Inc. $BWA

Cullen Capital Management LLC purchased a new stake in BorgWarner Inc. (NYSE:BWA) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 74,351 shares of the auto parts company’s stock, valued at approximately $4,937,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Clearstead Trust LLC acquired a new stake in BorgWarner in the second quarter valued at approximately $28,000. Ceredex Value Advisors LLC bought a new position in shares of BorgWarner during the 2nd quarter valued at $40,000. Prosperity Bancshares Inc acquired a new stake in shares of BorgWarner in the 4th quarter valued at $37,000. Grove Bank & Trust boosted its holdings in BorgWarner by 4,304.3% in the second quarter. Grove Bank & Trust now owns 1,013 shares of the auto parts company’s stock worth $67,000 after purchasing an additional 990 shares in the last quarter. Finally, Cedar Mountain Advisors LLC bought a new stake in BorgWarner in the first quarter worth $55,000. Institutional investors own 95.67% of the company’s stock.

Insider Buying and Selling at BorgWarner

In related news, CAO Amy B. Kulikowski sold 2,900 shares of the business’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $68.60, for a total transaction of $198,940.00. Following the transaction, the chief accounting officer owned 9,725 shares of the company’s stock, valued at approximately $667,135. The trade was a 22.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Rajesh Kalathur bought 7,407 shares of the business’s stock in a transaction that occurred on Wednesday, August 19th. The shares were bought at an average price of $67.59 per share, with a total value of $500,639.13. Following the completion of the purchase, the director owned 7,407 shares in the company, valued at approximately $500,639.13. The trade was a ? increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Company insiders own 0.76% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on BWA shares. Wall Street Zen raised BorgWarner from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. The Goldman Sachs Group reissued a “buy” rating and set a $84.00 price objective on shares of BorgWarner in a report on Thursday, June 11th. JPMorgan Chase & Co. raised their price objective on BorgWarner from $75.00 to $85.00 and gave the company an “overweight” rating in a research note on Monday, August 10th. Wells Fargo & Company upped their target price on BorgWarner from $68.00 to $83.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 2nd. Finally, Deutsche Bank Aktiengesellschaft set a $80.00 price target on BorgWarner in a report on Thursday, August 6th. Nine investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $75.93.

BorgWarner Trading Down 5.1%

BorgWarner stock opened at $64.33 on Tuesday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.76 and a current ratio of 2.13. The business’s 50-day simple moving average is $66.16 and its 200-day simple moving average is $61.77. The firm has a market capitalization of $13.10 billion, a PE ratio of 32.16, a PEG ratio of 1.22 and a beta of 1.10. BorgWarner Inc. has a 52 week low of $40.50 and a 52 week high of $78.82.

BorgWarner (NYSE:BWA) last announced its earnings results on Wednesday, August 5th. The auto parts company reported $1.42 earnings per share for the quarter, beating the consensus estimate of $1.28 by $0.14. The firm had revenue of $3.65 billion during the quarter, compared to the consensus estimate of $3.58 billion. BorgWarner had a return on equity of 19.10% and a net margin of 2.89%.The firm’s revenue for the quarter was up .3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.21 EPS. BorgWarner has set its FY 2026 guidance at 5.050-5.300 EPS. Equities research analysts forecast that BorgWarner Inc. will post 5.19 earnings per share for the current year.

BorgWarner announced that its board has authorized a share repurchase program on Wednesday, August 5th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the auto parts company to repurchase up to 7.7% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s leadership believes its shares are undervalued.

BorgWarner Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be given a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Tuesday, September 1st. BorgWarner’s dividend payout ratio is currently 34.00%.

BorgWarner 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.