BorgWarner Inc. $BWA Shares Sold by IPG Investment Advisors LLC

IPG Investment Advisors LLC cut its position in BorgWarner Inc. (NYSE:BWAFree Report) by 56.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 36,225 shares of the auto parts company’s stock after selling 47,435 shares during the period. IPG Investment Advisors LLC’s holdings in BorgWarner were worth $1,632,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Root Financial Partners LLC purchased a new stake in BorgWarner in the third quarter valued at approximately $27,000. Sound Income Strategies LLC boosted its position in BorgWarner by 9,888.9% in the fourth quarter. Sound Income Strategies LLC now owns 899 shares of the auto parts company’s stock valued at $42,000 after buying an additional 890 shares during the last quarter. Torren Management LLC purchased a new stake in BorgWarner in the fourth quarter valued at approximately $48,000. Olistico Wealth LLC purchased a new stake in BorgWarner in the fourth quarter valued at approximately $50,000. Finally, Hantz Financial Services Inc. boosted its position in BorgWarner by 32.7% in the third quarter. Hantz Financial Services Inc. now owns 1,470 shares of the auto parts company’s stock valued at $65,000 after buying an additional 362 shares during the last quarter. Institutional investors and hedge funds own 95.67% of the company’s stock.

Analyst Ratings Changes

BWA has been the topic of several recent research reports. Wells Fargo & Company lowered their price target on shares of BorgWarner to $68.00 and set an “overweight” rating on the stock in a report on Tuesday, March 31st. Deutsche Bank Aktiengesellschaft set a $81.00 price target on shares of BorgWarner in a report on Tuesday, April 21st. Barclays increased their target price on shares of BorgWarner from $70.00 to $75.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. UBS Group increased their target price on shares of BorgWarner from $56.00 to $61.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of BorgWarner in a research note on Monday, April 20th. Seven analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $68.14.

View Our Latest Stock Analysis on BWA

Insider Transactions at BorgWarner

In related news, CEO Joseph F. Fadool sold 29,000 shares of the firm’s stock in a transaction dated 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 directly owned 405,964 shares of the company’s stock, valued at approximately $27,325,436.84. This trade represents a 6.67% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Tania Wingfield sold 5,000 shares of the firm’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $63.24, for a total transaction of $316,200.00. Following the completion of the transaction, the executive vice president directly owned 35,365 shares in the company, valued at $2,236,482.60. This represents a 12.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 96,033 shares of company stock worth $5,792,558 in the last three months. 0.76% of the stock is owned by corporate insiders.

BorgWarner Trading Up 3.7%

BWA stock opened at $70.81 on Thursday. The company’s 50-day simple moving average is $57.38 and its 200-day simple moving average is $51.92. The company has a quick ratio of 1.75, a current ratio of 2.13 and a debt-to-equity ratio of 0.69. BorgWarner Inc. has a 52-week low of $31.83 and a 52-week high of $71.57. The firm has a market cap of $14.52 billion, a P/E ratio of 41.90, a PEG ratio of 1.31 and a beta of 1.00.

BorgWarner (NYSE:BWAGet Free Report) last posted its earnings results on Wednesday, May 6th. The auto parts company reported $1.24 earnings per share (EPS) for the quarter, topping 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 analyst estimates of $3.50 billion. During the same period in the prior year, the company posted $1.11 EPS. The company’s revenue for the quarter 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, equities analysts forecast that BorgWarner Inc. will post 5.16 EPS for the current fiscal year.

BorgWarner Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be paid a $0.17 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $0.68 dividend on an annualized basis and a yield of 1.0%. BorgWarner’s dividend payout ratio (DPR) is currently 40.24%.

BorgWarner Profile

(Free Report)

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.

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Institutional Ownership by Quarter for BorgWarner (NYSE:BWA)

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