Ethic Inc. Acquires 10,641 Shares of BorgWarner Inc. $BWA

Ethic Inc. boosted its holdings in BorgWarner Inc. (NYSE:BWA) by 14.8% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 82,603 shares of the auto parts company’s stock after acquiring an additional 10,641 shares during the quarter. Ethic Inc.’s holdings in BorgWarner were worth $3,722,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in BWA. AQR Capital Management LLC increased its stake in BorgWarner by 119.7% in the 3rd quarter. AQR Capital Management LLC now owns 7,518,776 shares of the auto parts company’s stock worth $330,525,000 after acquiring an additional 4,095,902 shares during the last quarter. Adage Capital Partners GP L.L.C. lifted its position in BorgWarner by 233.6% during the second quarter. Adage Capital Partners GP L.L.C. now owns 1,111,000 shares of the auto parts company’s stock valued at $37,196,000 after purchasing an additional 778,000 shares during the last quarter. Electron Capital Partners LLC bought a new stake in BorgWarner during the third quarter valued at approximately $31,820,000. Robeco Institutional Asset Management B.V. lifted its position in BorgWarner by 64.9% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,835,337 shares of the auto parts company’s stock valued at $82,700,000 after purchasing an additional 722,356 shares during the last quarter. Finally, Balyasny Asset Management L.P. bought a new stake in BorgWarner during the second quarter valued at approximately $22,590,000. 95.67% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages have issued reports on BWA. Evercore reiterated an “outperform” rating and set a $75.00 target price on shares of BorgWarner in a research report on Tuesday, February 17th. Bank of America assumed coverage on BorgWarner in a research note on Wednesday, March 4th. They issued a “neutral” rating on the stock. Wolfe Research raised BorgWarner from a “peer perform” rating to an “outperform” rating and set a $68.00 target price on the stock in a research note on Wednesday, March 25th. UBS Group increased their target price on BorgWarner from $56.00 to $61.00 and gave the company a “neutral” rating in a research note on Thursday. Finally, Wall Street Zen cut BorgWarner from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Seven investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, BorgWarner has an average rating of “Moderate Buy” and an average price target of $67.50.

Insider Transactions at BorgWarner

In other news, EVP Paul Arthur Farrell sold 12,012 shares of BorgWarner stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $52.31, for a total value of $628,347.72. Following the transaction, the executive vice president owned 38,238 shares in the company, valued at approximately $2,000,229.78. The trade was a 23.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Tonit M. Calaway sold 16,000 shares of BorgWarner stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $65.08, for a total value of $1,041,280.00. Following the completion of the transaction, the executive vice president owned 240,251 shares in the company, valued at approximately $15,635,535.08. This represents a 6.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 78,083 shares of company stock valued at $4,638,585. 0.76% of the stock is currently owned by corporate insiders.

BorgWarner Price Performance

Shares of BorgWarner stock opened at $63.32 on Tuesday. BorgWarner Inc. has a 52-week low of $31.83 and a 52-week high of $70.08. The stock has a market capitalization of $12.99 billion, a price-to-earnings ratio of 37.47, a price-to-earnings-growth ratio of 1.26 and a beta of 1.00. The company has a fifty day moving average of $54.53 and a 200-day moving average of $50.12. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.75 and a current ratio of 2.13.

BorgWarner (NYSE:BWA) last announced its quarterly earnings data on Wednesday, May 6th. The auto parts company reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.16 by $0.08. The company had revenue of $3.53 billion during the quarter, compared to analysts’ expectations of $3.50 billion. BorgWarner had a net margin of 2.53% and a return on equity of 18.36%. The firm’s revenue was up .5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.11 EPS. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. Equities research analysts expect that BorgWarner Inc. will post 5.13 EPS for the current year.

BorgWarner Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be issued a $0.17 dividend. The ex-dividend date is Monday, June 1st. This represents a $0.68 annualized dividend and a dividend yield of 1.1%. BorgWarner’s payout ratio is currently 40.24%.

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.