Victory Capital Management Inc. Sells 787,458 Shares of BorgWarner Inc. $BWA

Victory Capital Management Inc. lessened its stake in BorgWarner Inc. (NYSE:BWA) by 10.4% in the fourth quarter, HoldingsChannel reports. The firm owned 6,812,487 shares of the auto parts company’s stock after selling 787,458 shares during the period. Victory Capital Management Inc.’s holdings in BorgWarner were worth $306,971,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Arjuna Capital increased its stake in shares of BorgWarner by 0.6% in the fourth quarter. Arjuna Capital now owns 34,932 shares of the auto parts company’s stock worth $1,574,000 after acquiring an additional 215 shares during the period. Quadrant Capital Group LLC increased its stake in shares of BorgWarner by 0.7% in the fourth quarter. Quadrant Capital Group LLC now owns 34,538 shares of the auto parts company’s stock worth $1,556,000 after acquiring an additional 246 shares during the period. Seeds Investor LLC increased its stake in shares of BorgWarner by 5.7% in the fourth quarter. Seeds Investor LLC now owns 5,086 shares of the auto parts company’s stock worth $229,000 after acquiring an additional 274 shares during the period. Nisa Investment Advisors LLC increased its stake in shares of BorgWarner by 0.4% in the fourth quarter. Nisa Investment Advisors LLC now owns 71,885 shares of the auto parts company’s stock worth $3,239,000 after acquiring an additional 281 shares during the period. Finally, Signaturefd LLC increased its stake in shares of BorgWarner by 11.6% in the fourth quarter. Signaturefd LLC now owns 2,821 shares of the auto parts company’s stock worth $127,000 after acquiring an additional 294 shares during the period. Institutional investors own 95.67% of the company’s stock.

Insider Activity at BorgWarner

In other news, VP Isabelle Mckenzie sold 3,500 shares of BorgWarner stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $63.35, for a total value of $221,725.00. Following the sale, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Tania Wingfield sold 5,000 shares of BorgWarner stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $63.24, for a total transaction of $316,200.00. Following the completion of the sale, the executive vice president owned 35,365 shares in the company, valued at approximately $2,236,482.60. This trade represents a 12.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 67,500 shares of company stock worth $4,310,115 in the last ninety days. 0.76% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

BWA has been the topic of a number of research reports. The Goldman Sachs Group reiterated a “buy” rating and issued a $84.00 price objective on shares of BorgWarner in a research note on Thursday. Deutsche Bank Aktiengesellschaft set a $81.00 price objective on shares of BorgWarner in a research note on Tuesday, April 21st. Wolfe Research reiterated an “outperform” rating and issued a $95.00 price objective on shares of BorgWarner in a research note on Wednesday, June 3rd. Wells Fargo & Company raised their price target on shares of BorgWarner from $68.00 to $83.00 and gave the company an “overweight” rating in a research report on Tuesday, June 2nd. Finally, Sanford C. Bernstein upgraded shares of BorgWarner to a “buy” rating in a research report on Wednesday. Nine investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $74.00.

BorgWarner Stock Down 0.3%

BWA stock opened at $74.61 on Friday. The firm has a market cap of $15.30 billion, a PE ratio of 44.15, a P/E/G ratio of 1.43 and a beta of 1.07. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.75 and a current ratio of 2.13. The firm’s fifty day moving average is $62.20 and its 200 day moving average is $54.34. BorgWarner Inc. has a one year low of $32.24 and a one year high of $78.82.

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. The company had revenue of $3.53 billion for the quarter, compared to analyst estimates of $3.50 billion. BorgWarner had a net margin of 2.53% and a return on equity of 18.36%. The firm’s revenue was up .5% on a year-over-year basis. During the same quarter last year, the business earned $1.11 earnings per share. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. On average, research analysts forecast that BorgWarner Inc. will post 5.18 EPS for the current year.

BorgWarner Dividend Announcement

The business also recently announced 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. The ex-dividend date is Monday, June 1st. This represents a $0.68 annualized dividend and a dividend yield of 0.9%. BorgWarner’s dividend payout ratio (DPR) is 40.24%.

BorgWarner Company 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.