Hillsdale Investment Management Inc. Makes New Investment in BorgWarner Inc. $BWA

Hillsdale Investment Management Inc. purchased a new position in BorgWarner Inc. (NYSE:BWA) in the 3rd quarter, HoldingsChannel.com reports. The fund purchased 21,500 shares of the auto parts company’s stock, valued at approximately $945,000.

Other institutional investors have also modified their holdings of the company. Vanguard Group Inc. increased its position in shares of BorgWarner by 2.5% during the third quarter. Vanguard Group Inc. now owns 27,578,374 shares of the auto parts company’s stock worth $1,212,345,000 after purchasing an additional 667,788 shares in the last quarter. State Street Corp grew its holdings in shares of BorgWarner by 5.3% during the second quarter. State Street Corp now owns 7,633,760 shares of the auto parts company’s stock worth $255,578,000 after buying an additional 380,942 shares in the last quarter. LSV Asset Management boosted its position in BorgWarner by 4.7% during the third quarter. LSV Asset Management now owns 6,043,654 shares of the auto parts company’s stock worth $265,679,000 after acquiring an additional 272,387 shares during the last quarter. American Century Companies Inc. grew its stake in BorgWarner by 1.6% during the 2nd quarter. American Century Companies Inc. now owns 3,774,828 shares of the auto parts company’s stock valued at $126,381,000 after acquiring an additional 58,252 shares in the last quarter. Finally, AQR Capital Management LLC raised its holdings in BorgWarner by 307.1% in the 2nd quarter. AQR Capital Management LLC now owns 3,422,874 shares of the auto parts company’s stock valued at $114,153,000 after acquiring an additional 2,582,105 shares during the last quarter. Institutional investors and hedge funds own 95.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on BWA. Morgan Stanley set a $60.00 price objective on BorgWarner in a research note on Thursday, February 12th. Piper Sandler reissued a “neutral” rating and issued a $51.00 price objective (down previously from $52.00) on shares of BorgWarner in a report on Thursday, January 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of BorgWarner in a research note on Wednesday, January 21st. The Goldman Sachs Group increased their price target 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. Finally, Evercore reaffirmed an “outperform” rating and set a $75.00 price target on shares of BorgWarner in a research report on Tuesday, February 17th. Eight equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, BorgWarner currently has an average rating of “Hold” and a consensus target price of $59.14.

BorgWarner Price Performance

BWA stock opened at $58.16 on Tuesday. The business has a 50 day moving average price of $50.17 and a 200 day moving average price of $45.68. The stock has a market cap of $12.04 billion, a price-to-earnings ratio of 46.53, a PEG ratio of 1.18 and a beta of 1.09. BorgWarner Inc. has a fifty-two week low of $24.40 and a fifty-two week high of $70.08. The company has a quick ratio of 1.70, a current ratio of 2.07 and a debt-to-equity ratio of 0.69.

BorgWarner (NYSE:BWA) last announced its earnings results on Wednesday, February 11th. The auto parts company reported $1.35 EPS for the quarter, beating analysts’ consensus estimates of $1.16 by $0.19. The business had revenue of $3.57 billion for the quarter, compared to analysts’ expectations of $3.49 billion. BorgWarner had a net margin of 1.93% and a return on equity of 17.89%. The company’s quarterly revenue was up 3.9% on a year-over-year basis. During the same period in the previous year, the company posted $1.01 EPS. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. Equities research analysts anticipate that BorgWarner Inc. will post 4.28 earnings per share for the current fiscal year.

BorgWarner Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be issued a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 1.2%. The ex-dividend date is Monday, March 2nd. BorgWarner’s dividend payout ratio (DPR) is 54.40%.

Insider Transactions at BorgWarner

In related news, EVP Tania Wingfield sold 17,867 shares of the stock in a transaction on Friday, February 13th. The stock was sold at an average price of $63.43, for a total transaction of $1,133,303.81. Following the sale, the executive vice president owned 45,429 shares of the company’s stock, valued at $2,881,561.47. This trade represents a 28.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Isabelle Mckenzie sold 3,500 shares of the business’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $63.26, for a total value of $221,410.00. Following the completion of the transaction, the vice president owned 68,809 shares of the company’s stock, valued at $4,352,857.34. This trade represents a 4.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 49,550 shares of company stock valued at $3,156,141 over the last three months. 0.63% of the stock is currently owned by insiders.

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.