Catalyst Funds Management Pty Ltd Takes Position in BorgWarner Inc. $BWA

Catalyst Funds Management Pty Ltd acquired a new stake in BorgWarner Inc. (NYSE:BWA) in the 4th quarter, Holdings Channel reports. The firm acquired 61,100 shares of the auto parts company’s stock, valued at approximately $2,753,000.

A number of other large investors have also modified their holdings of BWA. Root Financial Partners LLC acquired a new position in shares of BorgWarner in the third quarter valued at $27,000. Sound Income Strategies LLC raised its stake in shares of BorgWarner by 9,888.9% in the fourth quarter. Sound Income Strategies LLC now owns 899 shares of the auto parts company’s stock valued at $42,000 after purchasing an additional 890 shares in the last quarter. Torren Management LLC acquired a new position in shares of BorgWarner in the fourth quarter valued at $48,000. Olistico Wealth LLC acquired a new position in shares of BorgWarner in the fourth quarter valued at $50,000. Finally, Hantz Financial Services Inc. raised its stake in shares of BorgWarner by 32.7% in the third quarter. Hantz Financial Services Inc. now owns 1,470 shares of the auto parts company’s stock valued at $65,000 after purchasing an additional 362 shares in the last quarter. 95.67% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, EVP Paul Arthur Farrell sold 12,012 shares of the firm’s stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $52.31, for a total value of $628,347.72. Following the completion of the sale, the executive vice president directly owned 38,238 shares in the company, valued at approximately $2,000,229.78. This trade represents a 23.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Joseph F. Fadool sold 29,000 shares of the firm’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $67.31, for a total value of $1,951,990.00. Following the completion of the sale, the chief executive officer owned 405,964 shares of the company’s stock, valued at approximately $27,325,436.84. This trade represents a 6.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 96,033 shares of company stock valued at $5,792,558 in the last 90 days. 0.76% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

BWA has been the subject of a number of recent research reports. New Street Research set a $66.00 target price on BorgWarner in a research note on Thursday, February 12th. Robert W. Baird set a $76.00 target price on BorgWarner in a research note on Thursday, February 12th. Barclays upped their target price on BorgWarner from $70.00 to $75.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. JPMorgan Chase & Co. upped their target price on BorgWarner from $73.00 to $75.00 and gave the company an “overweight” rating in a research note on Thursday, May 14th. Finally, The Goldman Sachs Group upped their target price on BorgWarner from $54.00 to $78.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. Seven research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $67.64.

BorgWarner Stock Performance

BorgWarner stock opened at $65.88 on Friday. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.13 and a quick ratio of 1.75. The stock has a fifty day moving average price of $56.38 and a two-hundred day moving average price of $51.36. BorgWarner Inc. has a 52-week low of $31.83 and a 52-week high of $70.31. The firm has a market capitalization of $13.51 billion, a P/E ratio of 38.98, a P/E/G ratio of 1.27 and a beta of 1.00.

BorgWarner (NYSE:BWA) last released its quarterly earnings data on Wednesday, May 6th. The auto parts company reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.08. BorgWarner had a return on equity of 18.36% and a net margin of 2.53%.The firm had revenue of $3.53 billion during the quarter, compared to analyst estimates of $3.50 billion. During the same period in the prior year, the company posted $1.11 earnings per share. The business’s revenue for the quarter was up .5% compared to the same quarter last year. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. As a group, analysts anticipate that BorgWarner Inc. will post 5.16 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 paid a $0.17 dividend. The ex-dividend date is Monday, June 1st. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.0%. BorgWarner’s dividend payout ratio (DPR) is 40.24%.

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.