Swedbank AB Buys 224,582 Shares of BorgWarner Inc. $BWA

Swedbank AB raised its holdings in BorgWarner Inc. (NYSE:BWA) by 8.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,783,007 shares of the auto parts company’s stock after buying an additional 224,582 shares during the period. Swedbank AB’s holdings in BorgWarner were worth $125,402,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in BWA. Root Financial Partners LLC bought a new position in shares of BorgWarner in the third quarter valued at $27,000. Sound Income Strategies LLC lifted its stake in shares of 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 in the last quarter. Torren Management LLC bought a new position in shares of BorgWarner in the fourth quarter valued at $48,000. Olistico Wealth LLC bought a new position in shares of BorgWarner in the fourth quarter valued at $50,000. Finally, Hantz Financial Services Inc. lifted its stake in shares of 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 in the last quarter. 95.67% of the stock is owned by institutional investors.

BorgWarner Price Performance

Shares of NYSE:BWA opened at $65.88 on Friday. The company has a 50 day moving average of $56.38 and a 200 day moving average of $51.36. The stock has a market cap of $13.51 billion, a P/E ratio of 38.98, a P/E/G ratio of 1.27 and a beta of 1.00. BorgWarner Inc. has a 12 month low of $31.83 and a 12 month high of $70.31. 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 issued its quarterly earnings data 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. 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%. BorgWarner’s revenue for the quarter was up .5% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.11 earnings per share. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. As a group, sell-side analysts forecast that BorgWarner Inc. will post 5.16 EPS for the current fiscal year.

BorgWarner Dividend Announcement

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

Insider Activity at BorgWarner

In related news, EVP Tonit M. Calaway sold 14,021 shares of the business’s stock in a transaction that occurred on Monday, March 9th. The shares were 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 of the company’s stock, valued at approximately $10,544,822.98. The trade was a 6.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Paul Arthur Farrell sold 12,012 shares of the business’s stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $52.31, for a total transaction of $628,347.72. Following the transaction, the executive vice president directly owned 38,238 shares of the company’s stock, valued at approximately $2,000,229.78. This represents a 23.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 96,033 shares of company stock valued at $5,792,558 in the last quarter. 0.76% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research firms have weighed in on BWA. The Goldman Sachs Group raised 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. Evercore reaffirmed an “outperform” rating and issued a $75.00 price objective on shares of BorgWarner in a research note on Tuesday, February 17th. Wells Fargo & Company dropped their price objective on shares of BorgWarner to $68.00 and set an “overweight” rating on the stock in a research note on Tuesday, March 31st. Robert W. Baird set a $76.00 price target on shares of BorgWarner in a research report on Thursday, February 12th. Finally, Morgan Stanley set a $60.00 price target on shares of BorgWarner in a research report on Thursday, February 12th. Seven investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price 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.