OP Asset Management Ltd Purchases New Position in BorgWarner Inc. $BWA

OP Asset Management Ltd acquired a new stake in BorgWarner Inc. (NYSE:BWA) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 25,594 shares of the auto parts company’s stock, valued at approximately $1,389,000.

Several other hedge funds also recently made changes to their positions in the company. Prosperity Bancshares Inc acquired a new stake in shares of BorgWarner during the fourth quarter worth about $37,000. Sound Income Strategies LLC grew its stake in BorgWarner by 9,888.9% during the 4th quarter. Sound Income Strategies LLC now owns 899 shares of the auto parts company’s stock worth $42,000 after buying an additional 890 shares during the last quarter. Torren Management LLC acquired a new position in BorgWarner during the fourth quarter worth approximately $48,000. Olistico Wealth LLC acquired a new position in BorgWarner during the fourth quarter worth approximately $50,000. Finally, UMB Bank n.a. lifted its stake in BorgWarner by 28.1% in the fourth quarter. UMB Bank n.a. now owns 1,709 shares of the auto parts company’s stock valued at $77,000 after buying an additional 375 shares during the last quarter. Hedge funds and other institutional investors own 95.67% of the company’s stock.

BorgWarner Price Performance

BorgWarner stock opened at $65.94 on Tuesday. 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 business has a 50 day simple moving average of $65.93 and a 200-day simple moving average of $56.56. BorgWarner Inc. has a 12 month low of $33.13 and a 12 month high of $78.82. The stock has a market capitalization of $13.53 billion, a PE ratio of 39.02, a price-to-earnings-growth ratio of 1.30 and a beta of 1.07.

BorgWarner (NYSE:BWA) last posted its quarterly earnings data on Wednesday, May 6th. The auto parts company reported $1.24 earnings per share for the quarter, beating analysts’ consensus estimates of $1.16 by $0.08. The firm had revenue of $3.53 billion for the quarter, compared to analyst estimates of $3.50 billion. BorgWarner had a net margin of 2.53% and a return on equity of 18.36%. BorgWarner’s quarterly revenue was up .5% on a year-over-year basis. During the same period last year, the firm posted $1.11 EPS. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. Equities analysts predict that BorgWarner Inc. will post 5.18 earnings per share for the current year.

BorgWarner Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Monday, June 1st. BorgWarner’s payout ratio is 40.24%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on BWA. The Goldman Sachs Group restated a “buy” rating and set a $84.00 target price on shares of BorgWarner in a research report on Thursday, June 11th. Morgan Stanley increased their price target on shares of BorgWarner from $60.00 to $67.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 27th. Wolfe Research reissued an “outperform” rating and set a $95.00 price objective on shares of BorgWarner in a research report on Wednesday, June 3rd. Wells Fargo & Company lifted their price objective on shares of BorgWarner from $68.00 to $83.00 and gave the company an “overweight” rating in a research note on Tuesday, June 2nd. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of BorgWarner in a report on Monday, April 20th. Nine analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $74.00.

Insider Activity

In related news, CEO Joseph F. Fadool sold 29,000 shares of the firm’s stock in a transaction dated 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 in the company, valued at $27,325,436.84. This trade represents a 6.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Isabelle Mckenzie sold 3,500 shares of BorgWarner stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $63.35, for a total value of $221,725.00. Following the completion of the sale, the vice president directly owned 57,828 shares in the company, valued at $3,663,403.80. This represents a 5.71% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 67,500 shares of company stock valued at $4,310,115. Company insiders own 0.76% of the company’s stock.

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.