ING Groep NV Sells 45,900 Shares of BorgWarner Inc. $BWA

ING Groep NV lessened its holdings in BorgWarner Inc. (NYSE:BWA) by 55.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 36,800 shares of the auto parts company’s stock after selling 45,900 shares during the period. ING Groep NV’s holdings in BorgWarner were worth $1,658,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sound Income Strategies LLC grew 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 acquiring an additional 890 shares during the last quarter. Torren Management LLC bought a new position in BorgWarner in the fourth quarter valued at about $48,000. Olistico Wealth LLC bought a new position in BorgWarner in the fourth quarter valued at about $50,000. Hantz Financial Services Inc. grew 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 acquiring an additional 362 shares during the last quarter. Finally, Eurizon Capital SGR S.p.A. bought a new position in BorgWarner in the fourth quarter valued at about $116,000. Institutional investors own 95.67% of the company’s stock.

BorgWarner Stock Performance

Shares of BWA stock opened at $73.28 on Wednesday. The business’s 50-day moving average price is $61.00 and its 200-day moving average price is $53.76. BorgWarner Inc. has a 12 month low of $32.24 and a 12 month high of $78.82. The firm has a market capitalization of $15.03 billion, a price-to-earnings ratio of 43.36, a PEG ratio of 1.45 and a beta of 1.07. The company has a current ratio of 2.13, a quick ratio of 1.75 and a debt-to-equity ratio of 0.69.

BorgWarner (NYSE:BWA) last announced its quarterly earnings results on Wednesday, May 6th. The auto parts company reported $1.24 EPS for the quarter, beating analysts’ consensus estimates of $1.16 by $0.08. BorgWarner had a return on equity of 18.36% and a net margin of 2.53%.The firm had revenue of $3.53 billion for the quarter, compared to analyst estimates of $3.50 billion. During the same period last year, the firm posted $1.11 earnings per share. The business’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. Equities research analysts forecast that BorgWarner Inc. will post 5.18 EPS for the current year.

BorgWarner Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Monday, June 1st. BorgWarner’s dividend payout ratio (DPR) is presently 40.24%.

Wall Street Analyst Weigh In

BWA has been the topic of a number of recent analyst reports. Morgan Stanley lifted their target price on BorgWarner from $60.00 to $67.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 27th. Sanford C. Bernstein upgraded BorgWarner to a “buy” rating in a research report on Wednesday. Bank of America initiated coverage on BorgWarner in a research report on Wednesday, March 4th. They issued a “neutral” rating on the stock. Wall Street Zen cut BorgWarner from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, Robert W. Baird set a $76.00 target price on BorgWarner in a research report on Thursday, February 12th. Nine research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat, BorgWarner has an average rating of “Moderate Buy” and a consensus price target of $71.14.

Insider Activity

In other news, EVP Tania Wingfield sold 5,000 shares of BorgWarner stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $63.24, for a total transaction of $316,200.00. Following the sale, the executive vice president directly owned 35,365 shares of the company’s stock, valued at approximately $2,236,482.60. This trade represents a 12.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Paul Arthur Farrell sold 12,012 shares of BorgWarner stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $52.31, for a total value of $628,347.72. Following the sale, the executive vice president directly owned 38,238 shares in the company, valued at $2,000,229.78. The trade was a 23.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 79,512 shares of company stock valued at $4,938,463. 0.76% of the stock is currently owned by company 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.