William Blair Investment Management LLC Buys New Shares in BorgWarner Inc. $BWA

William Blair Investment Management LLC bought a new position in shares of BorgWarner Inc. (NYSE:BWA) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,784,707 shares of the auto parts company’s stock, valued at approximately $251,305,000. BorgWarner makes up about 0.8% of William Blair Investment Management LLC’s portfolio, making the stock its 19th biggest position. William Blair Investment Management LLC owned approximately 1.86% of BorgWarner at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of BWA. Acadian Asset Management LLC grew its stake 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 buying an additional 1,723 shares during the period. Sivia Capital Partners LLC bought a new position in BorgWarner in the second quarter worth approximately $339,000. EverSource Wealth Advisors LLC grew its stake in BorgWarner by 400.5% in the second quarter. EverSource Wealth Advisors LLC now owns 5,531 shares of the auto parts company’s stock valued at $185,000 after acquiring an additional 4,426 shares during the period. Marshall Wace LLP acquired a new position in shares of BorgWarner during the second quarter worth approximately $247,000. Finally, Cerity Partners LLC lifted its holdings 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 worth $4,816,000 after purchasing an additional 33,362 shares in the last quarter. 95.67% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

BWA has been the subject of several research reports. The Goldman Sachs Group reissued a “buy” rating and issued a $84.00 price target on shares of BorgWarner in a research report on Thursday, June 11th. UBS Group upgraded shares of BorgWarner from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $61.00 to $95.00 in a report on Wednesday, June 10th. JPMorgan Chase & Co. lifted their price target on BorgWarner from $75.00 to $85.00 and gave the company an “overweight” rating in a research note on Monday, August 10th. Wall Street Zen raised BorgWarner from a “hold” rating to a “buy” rating in a research note on Saturday, June 27th. Finally, Wolfe Research restated an “outperform” rating and issued a $95.00 target price on shares of BorgWarner in a report on Wednesday, June 3rd. Nine analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, BorgWarner currently has a consensus rating of “Moderate Buy” and a consensus price target of $75.93.

Insider Activity at BorgWarner

In related news, CAO Amy B. Kulikowski sold 2,900 shares of the stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $68.60, for a total transaction of $198,940.00. Following the completion of the sale, the chief accounting officer directly owned 9,725 shares of the company’s stock, valued at approximately $667,135. This trade represents a 22.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Rajesh Kalathur purchased 7,407 shares of the company’s stock in a transaction that occurred on Wednesday, August 19th. The shares were acquired at an average price of $67.59 per share, for a total transaction of $500,639.13. Following the completion of the acquisition, the director directly owned 7,407 shares of the company’s stock, valued at $500,639.13. This trade represents a ? increase in their position. The SEC filing for this purchase provides additional information. 0.76% of the stock is owned by company insiders.

BorgWarner Stock Performance

NYSE BWA opened at $67.74 on Friday. The company has a fifty day moving average price of $66.34 and a 200-day moving average price of $61.56. The firm has a market cap of $13.80 billion, a price-to-earnings ratio of 33.87, a PEG ratio of 1.17 and a beta of 1.10. The company has a debt-to-equity ratio of 0.67, a current ratio of 2.13 and a quick ratio of 1.76. BorgWarner Inc. has a 1 year low of $40.50 and a 1 year high of $78.82.

BorgWarner (NYSE:BWA) last released its quarterly earnings results on Wednesday, August 5th. The auto parts company reported $1.42 earnings per share for the quarter, beating analysts’ consensus estimates of $1.28 by $0.14. BorgWarner had a net margin of 2.89% and a return on equity of 19.10%. The company had revenue of $3.65 billion for the quarter, compared to analyst estimates of $3.58 billion. During the same period last year, the firm earned $1.21 earnings per share. The firm’s revenue was up .3% on a year-over-year basis. BorgWarner has set its FY 2026 guidance at 5.050-5.300 EPS. As a group, equities research analysts predict that BorgWarner Inc. will post 5.19 EPS for the current fiscal year.

BorgWarner Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be given a dividend of $0.17 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $0.68 annualized dividend and a dividend yield of 1.0%. BorgWarner’s dividend payout ratio (DPR) is currently 34.00%.

BorgWarner announced that its Board of Directors has initiated a stock repurchase plan on Wednesday, August 5th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the auto parts company to purchase up to 7.7% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s board of directors believes its stock is undervalued.

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.