MQS Management LLC Takes $687,000 Position in BorgWarner Inc. $BWA

MQS Management LLC bought a new stake in BorgWarner Inc. (NYSE:BWA) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 15,247 shares of the auto parts company’s stock, valued at approximately $687,000.

Several other institutional investors and hedge funds have also made changes to their positions in BWA. Acadian Asset Management LLC raised its position in shares of BorgWarner by 23.7% in the 1st quarter. Acadian Asset Management LLC now owns 8,979 shares of the auto parts company’s stock valued at $257,000 after purchasing an additional 1,723 shares in the last quarter. Sivia Capital Partners LLC acquired a new position in shares of BorgWarner in the 2nd quarter valued at approximately $339,000. EverSource Wealth Advisors LLC raised its position in shares of BorgWarner by 400.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 5,531 shares of the auto parts company’s stock valued at $185,000 after purchasing an additional 4,426 shares in the last quarter. Marshall Wace LLP acquired a new position in shares of BorgWarner in the 2nd quarter valued at approximately $247,000. Finally, Cerity Partners LLC raised its position in shares of BorgWarner by 30.2% in the 2nd quarter. Cerity Partners LLC now owns 143,841 shares of the auto parts company’s stock valued at $4,816,000 after purchasing an additional 33,362 shares in the last quarter. 95.67% of the stock is currently owned by hedge funds and other institutional investors.

BorgWarner Trading Up 3.7%

BorgWarner stock opened at $65.88 on Friday. The firm’s 50-day moving average is $56.38 and its 200-day moving average is $51.36. 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 Inc. has a 1 year low of $31.83 and a 1 year high of $70.31. The company has a market cap of $13.51 billion, a P/E ratio of 38.98, a PEG ratio of 1.22 and a beta of 1.00.

BorgWarner (NYSE:BWA) last posted its quarterly earnings results on Wednesday, May 6th. The auto parts company reported $1.24 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to the consensus estimate of $3.50 billion. During the same period last year, the firm 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. On average, equities analysts expect that BorgWarner Inc. will post 5.16 earnings per share for the current year.

BorgWarner Announces Dividend

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

Insider Buying and Selling

In other news, EVP Paul Arthur Farrell sold 12,012 shares of the firm’s 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 transaction, the executive vice president directly owned 38,238 shares in the company, valued at approximately $2,000,229.78. This trade represents a 23.90% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Tonit M. Calaway sold 14,021 shares of the firm’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $51.46, for a total transaction of $721,520.66. Following the completion of the transaction, the executive vice president owned 204,913 shares in the company, valued at approximately $10,544,822.98. The trade was a 6.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 96,033 shares of company stock worth $5,792,558. Company insiders own 0.76% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on BWA shares. JPMorgan Chase & Co. increased their price objective on shares of BorgWarner from $73.00 to $75.00 and gave the company an “overweight” rating in a research note on Thursday, May 14th. Evercore reiterated an “outperform” rating and set a $75.00 price objective on shares of BorgWarner in a research note on Tuesday, February 17th. Robert W. Baird set a $76.00 price objective on shares of BorgWarner in a research note on Thursday, February 12th. The Goldman Sachs Group increased their price objective on shares of BorgWarner from $54.00 to $78.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. Finally, UBS Group increased their price objective on shares of BorgWarner from $56.00 to $61.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Seven analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, BorgWarner presently has a consensus rating of “Moderate Buy” and an average price target of $67.64.

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.