10,300 BorgWarner Inc. $BWA Shares Sold by Kieckhefer Group LLC

Kieckhefer Group LLC cut its position in BorgWarner Inc. (NYSE:BWA) by 43.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,150 shares of the auto parts company’s stock after selling 10,300 shares during the quarter. Kieckhefer Group LLC’s holdings in BorgWarner were worth $790,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. NorthCrest Asset Manangement LLC grew its position in shares of BorgWarner by 2.7% in the third quarter. NorthCrest Asset Manangement LLC now owns 19,214 shares of the auto parts company’s stock valued at $1,186,000 after purchasing an additional 512 shares in the last quarter. Riversedge Advisors LLC raised its stake in shares of BorgWarner by 10.0% during the 3rd quarter. Riversedge Advisors LLC now owns 4,886 shares of the auto parts company’s stock valued at $294,000 after purchasing an additional 443 shares during the period. GAMMA Investing LLC boosted its stake in BorgWarner by 5.0% in the 3rd quarter. GAMMA Investing LLC now owns 9,884 shares of the auto parts company’s stock worth $594,000 after purchasing an additional 471 shares during the period. Farther Finance Advisors LLC grew its holdings in BorgWarner by 7.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 10,290 shares of the auto parts company’s stock valued at $619,000 after buying an additional 703 shares in the last quarter. Finally, Apella Capital LLC purchased a new position in BorgWarner during the 3rd quarter valued at about $252,000. 95.67% of the stock is currently owned by institutional investors.

Insider Activity at BorgWarner

In other BorgWarner news, CAO Amy Kulikowski sold 2,900 shares of BorgWarner stock in a transaction that occurred 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 completion of the sale, the chief accounting officer directly owned 9,725 shares in the company, valued at $667,135. The trade was a 22.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Rajesh Kalathur purchased 7,407 shares of the business’s stock in a transaction on Wednesday, August 19th. The stock was bought at an average cost of $67.59 per share, with a total value of $500,639.13. Following the purchase, the director owned 7,407 shares in the company, valued at approximately $500,639.13. This represents a ? increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.76% of the stock is currently owned by insiders.

BorgWarner Price Performance

BorgWarner stock traded up $0.27 during midday trading on Tuesday, hitting $60.30. 626,132 shares of the company’s stock were exchanged, compared to its average volume of 2,715,490. The company has a market cap of $12.28 billion, a P/E ratio of 30.15, a PEG ratio of 1.10 and a beta of 1.16. 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 stock has a 50-day moving average price of $64.37 and a two-hundred day moving average price of $63.57. BorgWarner Inc. has a 52-week low of $40.50 and a 52-week high of $78.82.

BorgWarner (NYSE:BWA) last released its quarterly 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 for the quarter, compared to analysts’ expectations of $3.58 billion. BorgWarner had a return on equity of 19.10% and a net margin of 2.89%. The company’s revenue was up .3% compared to the same quarter last year. During the same quarter last year, the firm posted $1.21 EPS. BorgWarner has set its FY 2026 guidance at 5.050-5.300 EPS. On average, equities research analysts forecast that BorgWarner Inc. will post 5.20 earnings per share for the current year.

BorgWarner declared that its board has initiated a share repurchase program on Wednesday, August 5th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the auto parts company to repurchase up to 7.7% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s management believes its shares are undervalued.

BorgWarner Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Tuesday, September 1st. BorgWarner’s dividend payout ratio (DPR) is currently 34.00%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on BWA shares. Wall Street Zen raised shares of BorgWarner from a “hold” rating to a “buy” rating in a report on Saturday. Morgan Stanley raised their price objective on shares of BorgWarner from $67.00 to $71.00 and gave the company an “equal weight” rating in a research report on Thursday, August 6th. Deutsche Bank Aktiengesellschaft set a $80.00 price objective on shares of BorgWarner in a research note on Thursday, August 6th. Royal Bank Of Canada initiated coverage on shares of BorgWarner in a report on Monday, August 31st. They set an “outperform” rating and a $87.00 target price on the stock. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of BorgWarner in a research note on Friday, September 25th. Nine research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, BorgWarner currently has a consensus rating of “Moderate Buy” and a consensus price target of $78.57.

About BorgWarner

BorgWarner Inc is a global automotive supplier that develops and manufactures propulsion, drivetrain, thermal-management and emissions technologies. The company serves automakers and commercial-vehicle manufacturers, supplying components and systems for internal-combustion, hybrid and electric vehicles.

Its product portfolio includes turbochargers, transmission systems, all-wheel-drive and four-wheel-drive technologies, clutches, timing systems, battery systems, power electronics, electric motors, thermal-management products and charging-related technologies.