BorgWarner (NYSE:BWA) CAO Sells $198,940.00 in Stock

BorgWarner Inc. (NYSE:BWA) CAO Amy Kulikowski sold 2,900 shares of the firm’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $68.60, for a total transaction of $198,940.00. Following the completion of the sale, the chief accounting officer owned 9,725 shares of the company’s stock, valued at $667,135. The trade was a 22.97% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

BorgWarner Trading Down 1.8%

BWA traded down $1.16 during mid-day trading on Thursday, hitting $65.07. The stock had a trading volume of 406,114 shares, compared to its average volume of 2,819,951. BorgWarner Inc. has a 1-year low of $40.50 and a 1-year high of $78.82. The firm has a market capitalization of $13.25 billion, a price-to-earnings ratio of 32.53, a price-to-earnings-growth ratio of 1.22 and a beta of 1.10. The company has a debt-to-equity ratio of 0.67, a current ratio of 2.13 and a quick ratio of 1.76. The stock’s fifty day simple moving average is $66.69 and its 200-day simple moving average is $61.40.

BorgWarner (NYSE:BWA) last issued its quarterly earnings results on Wednesday, August 5th. The auto parts company reported $1.42 EPS for the quarter, topping the consensus estimate of $1.28 by $0.14. BorgWarner had a net margin of 2.89% and a return on equity of 19.10%. The firm had revenue of $3.65 billion for the quarter, compared to analysts’ expectations of $3.58 billion. During the same period in the previous year, the firm posted $1.21 EPS. The company’s revenue for the quarter was up .3% on a year-over-year basis. BorgWarner has set its FY 2026 guidance at 5.050-5.300 EPS. As a group, research analysts forecast that BorgWarner Inc. will post 5.19 EPS for the current fiscal year.

BorgWarner Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be issued a $0.17 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.0%. BorgWarner’s dividend payout ratio is 34.00%.

BorgWarner declared that its Board of Directors has initiated a share repurchase program on Wednesday, August 5th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the auto parts company to reacquire up to 7.7% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s leadership believes its shares are undervalued.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Clearstead Trust LLC purchased a new stake in BorgWarner during the second quarter valued at about $28,000. Prosperity Bancshares Inc bought a new stake in shares of BorgWarner in the 4th quarter worth approximately $37,000. Ceredex Value Advisors LLC purchased a new position in BorgWarner during the 2nd quarter valued at $40,000. Torren Management LLC purchased a new position in shares of BorgWarner in the 4th quarter valued at approximately $48,000. Finally, Fiduciary Financial Advisors bought a new position in shares of BorgWarner during the second quarter valued at approximately $49,000. Institutional investors own 95.67% of the company’s stock.

Analyst Upgrades and Downgrades

BWA has been the topic of a number of recent analyst reports. Wells Fargo & Company boosted their price target on shares of BorgWarner from $68.00 to $83.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 2nd. Sanford C. Bernstein upgraded shares of BorgWarner to a “buy” rating in a research report on Wednesday, June 10th. Weiss Ratings upgraded shares of BorgWarner from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, June 29th. Barclays upped their price target on shares of BorgWarner from $83.00 to $85.00 and gave the company an “overweight” rating in a research report on Monday, August 10th. Finally, TD Cowen lifted their price objective on BorgWarner from $67.00 to $68.00 and gave the stock a “hold” rating in a research report on Thursday, August 6th. Nine research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $75.93.

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.