State of Wyoming Has $339,000 Holdings in BorgWarner Inc. $BWA

State of Wyoming lessened its stake in shares of BorgWarner Inc. (NYSE:BWA) by 67.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,241 shares of the auto parts company’s stock after selling 12,719 shares during the quarter. State of Wyoming’s holdings in BorgWarner were worth $339,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Prosperity Bancshares Inc acquired a new position in BorgWarner during the fourth quarter worth $37,000. Sound Income Strategies LLC boosted its stake in shares of BorgWarner by 9,888.9% in the 4th quarter. Sound Income Strategies LLC now owns 899 shares of the auto parts company’s stock valued at $42,000 after purchasing an additional 890 shares in the last quarter. Torren Management LLC bought a new stake in shares of BorgWarner in the 4th quarter worth about $48,000. Cedar Mountain Advisors LLC bought a new stake in shares of BorgWarner in the 1st quarter worth about $55,000. Finally, UMB Bank n.a. increased its position in shares of BorgWarner by 28.1% during the 4th quarter. UMB Bank n.a. now owns 1,709 shares of the auto parts company’s stock worth $77,000 after purchasing an additional 375 shares in the last quarter. Institutional investors and hedge funds own 95.67% of the company’s stock.

Analysts Set New Price Targets

BWA has been the topic of a number of recent analyst reports. Wolfe Research restated an “outperform” rating and issued a $95.00 price target on shares of BorgWarner in a research report on Wednesday, June 3rd. TD Cowen raised their price objective on shares of BorgWarner from $66.00 to $67.00 and gave the stock a “hold” rating in a report on Thursday, May 7th. The Goldman Sachs Group reiterated a “buy” rating and issued a $84.00 target price on shares of BorgWarner in a research note on Thursday, June 11th. Deutsche Bank Aktiengesellschaft set a $81.00 target price on BorgWarner in a report on Tuesday, April 21st. Finally, UBS Group raised BorgWarner from a “neutral” rating to a “buy” rating and raised their price target for the company from $61.00 to $95.00 in a report on Wednesday, June 10th. Nine investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $74.57.

BorgWarner Price Performance

Shares of BWA stock opened at $63.66 on Tuesday. BorgWarner Inc. has a 1 year low of $34.27 and a 1 year high of $78.82. The firm’s 50 day moving average is $67.98 and its 200-day moving average is $59.18. The firm has a market capitalization of $13.06 billion, a price-to-earnings ratio of 37.67, a PEG ratio of 1.38 and a beta of 1.09. 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 released its quarterly earnings results on Wednesday, May 6th. The auto parts company reported $1.24 EPS for the quarter, beating 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 analysts’ expectations of $3.50 billion. During the same period in the prior year, the firm earned $1.11 earnings per share. BorgWarner’s revenue was up .5% compared to the same quarter last year. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. Sell-side analysts forecast that BorgWarner Inc. will post 5.16 EPS for the current fiscal year.

BorgWarner Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were given a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Monday, June 1st. BorgWarner’s dividend payout ratio (DPR) is presently 40.24%.

Insider Transactions at BorgWarner

In related news, VP Isabelle Mckenzie sold 3,500 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $63.35, for a total value of $221,725.00. Following the transaction, the vice president owned 57,828 shares in the company, valued at $3,663,403.80. This trade represents a 5.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 value of $316,200.00. Following the completion of the sale, the executive vice president owned 35,365 shares of the company’s stock, valued at approximately $2,236,482.60. The trade was a 12.39% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 67,500 shares of company stock valued at $4,310,115 over the last quarter. Corporate insiders own 0.76% of the company’s stock.

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.