Valmark Advisers Inc. Purchases New Holdings in BorgWarner Inc. $BWA

Valmark Advisers Inc. purchased a new stake in BorgWarner Inc. (NYSE:BWA) during the 1st quarter, Holdings Channel.com reports. The fund purchased 14,934 shares of the auto parts company’s stock, valued at approximately $810,000.

A number of other hedge funds also recently added to or reduced their stakes in BWA. Acadian Asset Management LLC raised its stake in shares of BorgWarner by 23.7% during the first quarter. Acadian Asset Management LLC now owns 8,979 shares of the auto parts company’s stock worth $257,000 after purchasing an additional 1,723 shares during the last quarter. Sivia Capital Partners LLC purchased a new position in BorgWarner in the 2nd quarter valued at $339,000. EverSource Wealth Advisors LLC increased its stake in 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 buying an additional 4,426 shares during the period. Marshall Wace LLP acquired a new position in BorgWarner in the 2nd quarter valued at $247,000. Finally, Cerity Partners LLC raised its position in BorgWarner by 30.2% during the 2nd quarter. Cerity Partners LLC now owns 143,841 shares of the auto parts company’s stock worth $4,816,000 after buying an additional 33,362 shares during the last quarter. 95.67% of the stock is owned by institutional investors and hedge funds.

BorgWarner Price Performance

BorgWarner stock opened at $63.57 on Tuesday. The company has a market cap of $13.04 billion, a P/E ratio of 37.62, a price-to-earnings-growth ratio of 1.25 and a beta of 1.09. BorgWarner Inc. has a one year low of $34.27 and a one year high of $78.82. The business has a fifty day moving average of $67.73 and a two-hundred day moving average of $57.95. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.75 and a current ratio of 2.13.

BorgWarner (NYSE:BWA) last posted its quarterly earnings results on Wednesday, May 6th. The auto parts company reported $1.24 earnings per share for the quarter, topping analysts’ consensus estimates of $1.16 by $0.08. The business had revenue of $3.53 billion for the quarter, compared to analysts’ expectations of $3.50 billion. BorgWarner had a net margin of 2.53% and a return on equity of 18.36%. The business’s revenue for the quarter was up .5% on a year-over-year basis. During the same period in the prior year, the company posted $1.11 EPS. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. As a group, analysts predict that BorgWarner Inc. will post 5.17 earnings per share for the current fiscal year.

BorgWarner Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 1.1%. The ex-dividend date was Monday, June 1st. BorgWarner’s dividend payout ratio is presently 40.24%.

Analysts Set New Price Targets

BWA has been the subject of several recent analyst reports. Wells Fargo & Company raised their target price on shares of BorgWarner from $68.00 to $83.00 and gave the stock an “overweight” rating in a research note on Tuesday, June 2nd. Wall Street Zen upgraded shares of BorgWarner from a “hold” rating to a “buy” rating in a research note on Saturday, June 27th. Wolfe Research reissued an “outperform” rating and set a $95.00 price target on shares of BorgWarner in a report on Wednesday, June 3rd. The Goldman Sachs Group restated a “buy” rating and issued a $84.00 price objective on shares of BorgWarner in a research report on Thursday, June 11th. Finally, Weiss Ratings raised BorgWarner from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, June 29th. Nine equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $74.57.

Insider Activity at BorgWarner

In other news, VP Stefan Demmerle sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $59.26, for a total transaction of $1,185,200.00. Following the sale, the vice president owned 213,746 shares of the company’s stock, valued at $12,666,587.96. The trade was a 8.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Isabelle Mckenzie sold 3,500 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The stock was 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 owned 57,828 shares in the company, valued at approximately $3,663,403.80. This represents a 5.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 67,500 shares of company stock valued at $4,310,115. 0.76% of the stock is owned by corporate insiders.

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.