BorgWarner Inc. $BWA Shares Bought by NFSG Corp

NFSG Corp grew its holdings in shares of BorgWarner Inc. (NYSE:BWA) by 158.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,818 shares of the auto parts company’s stock after buying an additional 16,434 shares during the period. NFSG Corp’s holdings in BorgWarner were worth $1,455,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in BWA. Ethos Capital Management Inc. acquired a new position in BorgWarner during the 4th quarter worth $1,433,000. Sivia Capital Partners LLC acquired a new position in shares of BorgWarner during the second quarter valued at $339,000. Northwestern Mutual Investment Management Company LLC bought a new stake in shares of BorgWarner during the fourth quarter valued at about $2,157,000. CWA Asset Management Group LLC lifted its holdings in BorgWarner by 62.3% in the fourth quarter. CWA Asset Management Group LLC now owns 85,131 shares of the auto parts company’s stock worth $3,836,000 after purchasing an additional 32,672 shares during the period. Finally, LSV Asset Management lifted its holdings in BorgWarner by 6.7% in the fourth quarter. LSV Asset Management now owns 6,446,541 shares of the auto parts company’s stock worth $290,481,000 after purchasing an additional 402,887 shares during the period. 95.67% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

BWA has been the topic of several research analyst reports. Barclays raised their target price on shares of BorgWarner from $75.00 to $83.00 and gave the company an “overweight” rating in a research note on Thursday, July 9th. Wells Fargo & Company upped their price target on shares of BorgWarner from $68.00 to $83.00 and gave the stock an “overweight” rating in a research note on Tuesday, June 2nd. 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. TD Cowen boosted their target price on BorgWarner from $66.00 to $67.00 and gave the stock a “hold” rating in a report on Thursday, May 7th. Finally, Morgan Stanley upped their target price on BorgWarner from $60.00 to $67.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 27th. Nine research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $74.57.

BorgWarner Price Performance

NYSE:BWA opened at $64.07 on Wednesday. The company has a quick ratio of 1.75, a current ratio of 2.13 and a debt-to-equity ratio of 0.69. The business’s 50-day moving average price is $67.86 and its 200 day moving average price is $58.08. BorgWarner Inc. has a 52-week low of $34.27 and a 52-week high of $78.82. The firm has a market cap of $13.14 billion, a P/E ratio of 37.91, a PEG ratio of 1.22 and a beta of 1.09.

BorgWarner (NYSE:BWA) last issued its quarterly earnings results on Wednesday, May 6th. The auto parts company reported $1.24 earnings per share for the quarter, beating analysts’ consensus estimates of $1.16 by $0.08. BorgWarner had a net margin of 2.53% and a return on equity of 18.36%. The company had revenue of $3.53 billion during the quarter, compared to the consensus estimate of $3.50 billion. During the same period in the prior year, the company earned $1.11 EPS. BorgWarner’s revenue was up .5% on a year-over-year basis. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. As a group, sell-side analysts predict that BorgWarner Inc. will post 5.17 earnings per share for the current fiscal year.

BorgWarner Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were paid a dividend of $0.17 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a $0.68 annualized dividend and a yield of 1.1%. BorgWarner’s dividend payout ratio is currently 40.24%.

Insider Buying and Selling at BorgWarner

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 value of $1,951,990.00. Following the transaction, the chief executive officer owned 405,964 shares in the company, valued at approximately $27,325,436.84. The trade was a 6.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, VP Stefan Demmerle sold 5,000 shares of the company’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $65.00, for a total value of $325,000.00. Following the completion of the transaction, the vice president directly owned 203,746 shares in the company, valued at $13,243,490. This represents a 2.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 67,500 shares of company stock valued at $4,310,115. 0.76% of the stock is currently owned by corporate insiders.

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.