7,969 Shares in BorgWarner Inc. $BWA Bought by Wealthfront Advisers LLC

Wealthfront Advisers LLC bought a new stake in shares of BorgWarner Inc. (NYSE:BWA) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 7,969 shares of the auto parts company’s stock, valued at approximately $529,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Clearstead Trust LLC acquired a new stake in BorgWarner in the second quarter worth about $28,000. Prosperity Bancshares Inc acquired a new position in shares of BorgWarner during the fourth quarter valued at about $37,000. Torren Management LLC acquired a new position in shares of BorgWarner during the fourth quarter valued at about $48,000. Cedar Mountain Advisors LLC purchased a new position in shares of BorgWarner in the 1st quarter valued at approximately $55,000. Finally, Grove Bank & Trust raised its position in shares of BorgWarner by 4,304.3% in the 2nd quarter. Grove Bank & Trust now owns 1,013 shares of the auto parts company’s stock valued at $67,000 after purchasing an additional 990 shares during the last quarter. 95.67% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have weighed in on BWA shares. Wall Street Zen raised shares of BorgWarner from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. UBS Group raised shares of BorgWarner from a “neutral” rating to a “buy” rating and raised their price target for the stock from $61.00 to $95.00 in a report on Wednesday, June 10th. Wolfe Research reiterated an “outperform” rating and set a $95.00 price objective on shares of BorgWarner in a research note on Wednesday, June 3rd. 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. Finally, Robert W. Baird set a $79.00 target price on BorgWarner in a research report on Thursday, August 6th. Nine 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 company has a consensus rating of “Moderate Buy” and a consensus price target of $75.93.

BorgWarner Trading Up 4.5%

Shares of NYSE:BWA opened at $67.74 on Friday. The company has a current ratio of 2.13, a quick ratio of 1.76 and a debt-to-equity ratio of 0.67. BorgWarner Inc. has a 12-month low of $40.50 and a 12-month high of $78.82. The business has a 50 day moving average of $66.34 and a two-hundred day moving average of $61.56. The company has a market capitalization of $13.80 billion, a PE ratio of 33.87, a PEG ratio of 1.17 and a beta of 1.10.

BorgWarner (NYSE:BWA) last issued its quarterly earnings data on Wednesday, August 5th. The auto parts company reported $1.42 EPS for the quarter, topping analysts’ consensus estimates of $1.28 by $0.14. The business had revenue of $3.65 billion for the quarter, compared to analysts’ expectations of $3.58 billion. BorgWarner had a net margin of 2.89% and a return on equity of 19.10%. The business’s revenue was up .3% on a year-over-year basis. During the same quarter last year, the company earned $1.21 EPS. BorgWarner has set its FY 2026 guidance at 5.050-5.300 EPS. As a group, analysts forecast that BorgWarner Inc. will post 5.19 EPS for the current year.

BorgWarner Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 1.0%. The ex-dividend date is Tuesday, September 1st. BorgWarner’s dividend payout ratio (DPR) is currently 34.00%.

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

Insider Buying and Selling at BorgWarner

In other BorgWarner news, CAO Amy B. Kulikowski sold 2,900 shares of BorgWarner stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $68.60, for a total value of $198,940.00. Following the completion of 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Rajesh Kalathur acquired 7,407 shares of the firm’s stock in a transaction on Wednesday, August 19th. The stock was purchased at an average price of $67.59 per share, with a total value of $500,639.13. Following the transaction, the director owned 7,407 shares of the company’s stock, valued at approximately $500,639.13. This trade represents a ? increase in their position. The SEC filing for this purchase provides additional information. 0.76% of the stock is currently owned by company insiders.

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.