Vanguard Group Inc. Sells 2,604,225 Shares of BorgWarner Inc. $BWA

Vanguard Group Inc. trimmed its position in shares of BorgWarner Inc. (NYSE:BWA) by 9.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,974,149 shares of the auto parts company’s stock after selling 2,604,225 shares during the period. Vanguard Group Inc. owned approximately 0.12% of BorgWarner worth $1,125,335,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BWA. Acadian Asset Management LLC increased its stake in BorgWarner by 23.7% during the first quarter. Acadian Asset Management LLC now owns 8,979 shares of the auto parts company’s stock valued at $257,000 after acquiring an additional 1,723 shares during the period. Sivia Capital Partners LLC bought a new stake in shares of BorgWarner in the 2nd quarter valued at approximately $339,000. EverSource Wealth Advisors LLC grew its stake in shares of BorgWarner by 400.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 5,531 shares of the auto parts company’s stock valued at $185,000 after purchasing an additional 4,426 shares during the period. Marshall Wace LLP bought a new stake in shares of BorgWarner in the 2nd quarter valued at approximately $247,000. Finally, Cerity Partners LLC grew its stake 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 valued at $4,816,000 after purchasing an additional 33,362 shares during the period. 95.67% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

BWA has been the topic of several analyst reports. Morgan Stanley set a $60.00 price objective on BorgWarner in a research note on Thursday, February 12th. JPMorgan Chase & Co. lowered their price objective on BorgWarner to $73.00 and set an “overweight” rating on the stock in a research note on Thursday, April 23rd. Wolfe Research upgraded BorgWarner from a “peer perform” rating to an “outperform” rating and set a $68.00 price objective on the stock in a research note on Wednesday, March 25th. New Street Research set a $66.00 price objective on BorgWarner in a research note on Thursday, February 12th. Finally, Evercore reiterated an “outperform” rating and issued a $75.00 price objective on shares of BorgWarner in a research note on Tuesday, February 17th. Seven equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $66.77.

BorgWarner Stock Down 0.3%

Shares of BWA opened at $56.79 on Friday. The company has a market capitalization of $11.70 billion, a P/E ratio of 45.43, a PEG ratio of 1.19 and a beta of 1.00. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.07 and a quick ratio of 1.70. BorgWarner Inc. has a one year low of $28.70 and a one year high of $70.08. The business’s 50 day simple moving average is $54.41 and its 200-day simple moving average is $49.41.

BorgWarner (NYSE:BWA) last announced its earnings results on Wednesday, February 11th. The auto parts company reported $1.35 EPS for the quarter, topping the consensus estimate of $1.16 by $0.19. The business had revenue of $3.57 billion for the quarter, compared to the consensus estimate of $3.49 billion. BorgWarner had a return on equity of 17.89% and a net margin of 1.93%.BorgWarner’s revenue was up 3.9% compared to the same quarter last year. During the same period in the previous year, the business earned $1.01 EPS. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. As a group, sell-side analysts predict that BorgWarner Inc. will post 5.14 EPS for the current fiscal year.

BorgWarner Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be issued a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Monday, June 1st. BorgWarner’s payout ratio is presently 54.40%.

Insiders Place Their Bets

In other news, EVP Tonit M. Calaway sold 16,000 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $65.08, for a total value of $1,041,280.00. Following the transaction, the executive vice president directly owned 240,251 shares of the company’s stock, valued at $15,635,535.08. The trade was a 6.24% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Tania Wingfield sold 17,867 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $63.43, for a total value of $1,133,303.81. Following the completion of the transaction, the executive vice president directly owned 45,429 shares in the company, valued at $2,881,561.47. The trade was a 28.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 78,083 shares of company stock worth $4,638,585 over the last ninety days. 0.76% of the stock is 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.