BorgWarner (NYSE:BWA) VP Stefan Demmerle Sells 15,000 Shares

BorgWarner Inc. (NYSE:BWA) VP Stefan Demmerle sold 15,000 shares of BorgWarner stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $45.52, for a total value of $682,800.00. Following the completion of the sale, the vice president owned 209,040 shares of the company’s stock, valued at approximately $9,515,500.80. The trade was a 6.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Stefan Demmerle also recently made the following trade(s):

• On Wednesday, November 12th, Stefan Demmerle sold 5,000 shares of BorgWarner stock. The shares were sold at an average price of $46.00, for a total value of $230,000.00.

BorgWarner Price Performance

Shares of BorgWarner stock traded down $0.42 during trading on Thursday, hitting $45.59. The stock had a trading volume of 615,369 shares, compared to its average volume of 2,682,930. The firm has a market cap of $9.75 billion, a price-to-earnings ratio of 48.49, a P/E/G ratio of 1.58 and a beta of 1.06. The company has a current ratio of 2.02, a quick ratio of 1.66 and a debt-to-equity ratio of 0.64. BorgWarner Inc. has a 12 month low of $24.40 and a 12 month high of $46.39. The business’s 50-day moving average is $43.68 and its 200 day moving average is $38.26.

BorgWarner (NYSE:BWA) last issued its quarterly earnings data on Thursday, October 30th. The auto parts company reported $1.24 earnings per share for the quarter, topping analysts’ consensus estimates of $1.16 by $0.08. The firm had revenue of $3.59 billion for the quarter, compared to analyst estimates of $3.58 billion. BorgWarner had a return on equity of 16.17% and a net margin of 1.50%.The business’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same period last year, the company earned $1.09 EPS. BorgWarner has set its FY 2025 guidance at 4.600-4.750 EPS. As a group, sell-side analysts anticipate that BorgWarner Inc. will post 4.28 earnings per share for the current year.

BorgWarner declared that its board has authorized a share repurchase plan on Thursday, July 31st that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the auto parts company to purchase up to 13.2% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s board believes its stock is undervalued.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Root Financial Partners LLC bought a new stake in shares of BorgWarner during the third quarter worth approximately $27,000. Caitong International Asset Management Co. Ltd boosted its holdings in shares of BorgWarner by 1,133.3% during the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 777 shares of the auto parts company’s stock valued at $26,000 after acquiring an additional 714 shares in the last quarter. Addison Advisors LLC raised its position in shares of BorgWarner by 1,647.8% during the second quarter. Addison Advisors LLC now owns 804 shares of the auto parts company’s stock worth $27,000 after acquiring an additional 758 shares during the last quarter. Assetmark Inc. raised its position in shares of BorgWarner by 81.8% in the 2nd quarter. Assetmark Inc. now owns 809 shares of the auto parts company’s stock worth $27,000 after acquiring an additional 364 shares in the last quarter. Finally, Mather Group LLC. bought a new stake in BorgWarner in the 3rd quarter valued at about $41,000. Institutional investors own 95.67% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Bank of America lowered BorgWarner from a “buy” rating to a “neutral” rating and raised their price target for the company from $41.00 to $46.00 in a research note on Wednesday, September 10th. JPMorgan Chase & Co. lifted their price objective on BorgWarner from $45.00 to $53.00 and gave the company an “overweight” rating in a research note on Monday, October 20th. Baird R W raised BorgWarner from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 3rd. The Goldman Sachs Group upped their price target on shares of BorgWarner from $45.00 to $52.00 and gave the company a “buy” rating in a report on Monday, September 29th. Finally, Evercore ISI upped their price target on BorgWarner from $42.00 to $50.00 and gave the stock an “outperform” rating in a research note on Monday, October 13th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, BorgWarner presently has a consensus rating of “Moderate Buy” and a consensus price target of $45.85.

BorgWarner Company Profile

BorgWarner Inc, together with its subsidiaries, provides solutions for combustion, hybrid, and electric vehicles worldwide. It offers turbochargers, eBoosters, eTurbos, timing systems, emissions systems, thermal systems, gasoline ignition technology, smart remote actuators, powertrain sensors, cabin heaters, battery modules and systems, battery heaters, and battery charging.