Thrivent Financial for Lutherans Trims Stock Position in BorgWarner Inc. $BWA

Thrivent Financial for Lutherans lessened its holdings in shares of BorgWarner Inc. (NYSE:BWA) by 44.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 149,884 shares of the auto parts company’s stock after selling 119,454 shares during the period. Thrivent Financial for Lutherans’ holdings in BorgWarner were worth $6,753,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the business. Seeds Investor LLC raised its holdings in shares of BorgWarner by 5.7% during the fourth quarter. Seeds Investor LLC now owns 5,086 shares of the auto parts company’s stock worth $229,000 after purchasing an additional 274 shares during the last quarter. Nisa Investment Advisors LLC raised its holdings in shares of BorgWarner by 0.4% during the fourth quarter. Nisa Investment Advisors LLC now owns 71,885 shares of the auto parts company’s stock worth $3,239,000 after purchasing an additional 281 shares during the last quarter. Signaturefd LLC raised its holdings in shares of BorgWarner by 11.6% during the fourth quarter. Signaturefd LLC now owns 2,821 shares of the auto parts company’s stock worth $127,000 after purchasing an additional 294 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in shares of BorgWarner by 3.4% during the third quarter. Envestnet Portfolio Solutions Inc. now owns 10,937 shares of the auto parts company’s stock worth $481,000 after purchasing an additional 356 shares during the last quarter. Finally, HB Wealth Management LLC raised its holdings in shares of BorgWarner by 2.5% during the fourth quarter. HB Wealth Management LLC now owns 14,933 shares of the auto parts company’s stock worth $673,000 after purchasing an additional 358 shares during the last quarter. Hedge funds and other institutional investors own 95.67% of the company’s stock.

BorgWarner Stock Up 3.0%

Shares of NYSE BWA opened at $62.97 on Thursday. The company’s 50-day simple moving average is $55.91 and its 200-day simple moving average is $51.12. BorgWarner Inc. has a 52-week low of $31.83 and a 52-week high of $70.31. The firm has a market cap of $12.92 billion, a price-to-earnings ratio of 37.26, a price-to-earnings-growth ratio of 1.18 and a beta of 1.00. The company has a quick ratio of 1.75, a current ratio of 2.13 and a debt-to-equity ratio of 0.69.

BorgWarner (NYSE:BWA) last announced its earnings results on Wednesday, May 6th. The auto parts company reported $1.24 earnings per share (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 analyst estimates of $3.50 billion. During the same quarter last year, the business earned $1.11 earnings per share. The company’s revenue for the quarter was up .5% compared to the same quarter last year. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. Equities analysts predict that BorgWarner Inc. will post 5.16 EPS for the current fiscal year.

BorgWarner Announces Dividend

The firm 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. This represents a $0.68 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Monday, June 1st. BorgWarner’s dividend payout ratio is currently 40.24%.

Analyst Ratings Changes

Several research analysts recently issued reports on BWA shares. The Goldman Sachs Group raised their target price on shares of BorgWarner from $54.00 to $78.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Robert W. Baird set a $76.00 target price on shares of BorgWarner in a report on Thursday, February 12th. TD Cowen raised their target price on shares of BorgWarner from $66.00 to $67.00 and gave the stock a “hold” rating in a report on Thursday, May 7th. Weiss Ratings reissued a “hold (c)” rating on shares of BorgWarner in a report on Monday, April 20th. Finally, New Street Research set a $66.00 price objective on shares of BorgWarner in a report on Thursday, February 12th. Seven investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $67.64.

Insider Activity at BorgWarner

In other BorgWarner news, CEO Joseph F. Fadool sold 29,000 shares of the business’s stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $67.31, for a total value of $1,951,990.00. Following the transaction, the chief executive officer directly owned 405,964 shares in the company, valued at $27,325,436.84. The trade was a 6.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Paul Arthur Farrell sold 12,012 shares of the business’s stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $52.31, for a total transaction of $628,347.72. Following the completion of the transaction, the executive vice president 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. Insiders have sold 96,033 shares of company stock worth $5,792,558 in the last 90 days. 0.76% of the stock is owned by 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.