BorgWarner Inc. Announces Quarterly Dividend of $0.17 (NYSE:BWA)

BorgWarner Inc. (NYSE:BWA) declared a quarterly dividend on Wednesday, April 29th. Investors of record on Monday, June 1st will be given a dividend of 0.17 per share by the auto parts company on Monday, June 15th. This represents a c) annualized dividend and a yield of 1.2%. The ex-dividend date is Monday, June 1st.

BorgWarner has decreased its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 1 years. BorgWarner has a payout ratio of 14.7% meaning its dividend is sufficiently covered by earnings. Research analysts expect BorgWarner to earn $5.72 per share next year, which means the company should continue to be able to cover its $0.68 annual dividend with an expected future payout ratio of 11.9%.

BorgWarner Stock Up 5.1%

Shares of BorgWarner stock traded up $2.78 on Thursday, reaching $56.99. The company’s stock had a trading volume of 2,804,428 shares, compared to its average volume of 2,689,193. The company has a market capitalization of $11.74 billion, a price-to-earnings ratio of 45.59, a P/E/G ratio of 1.16 and a beta of 1.04. The firm’s fifty day simple moving average is $54.48 and its two-hundred day simple moving average is $49.35. BorgWarner has a 52 week low of $28.22 and a 52 week high of $70.08. The company has a quick ratio of 1.70, a current ratio of 2.07 and a debt-to-equity ratio of 0.69.

BorgWarner (NYSE:BWA) last posted its earnings results on Wednesday, February 11th. The auto parts company reported $1.35 EPS for the quarter, topping analysts’ consensus estimates of $1.16 by $0.19. The business had revenue of $3.57 billion during the quarter, compared to analyst estimates of $3.49 billion. BorgWarner had a return on equity of 17.89% and a net margin of 1.93%.The company’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same quarter last year, the company earned $1.01 EPS. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. Equities analysts anticipate that BorgWarner will post 5.14 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have commented on BWA. Bank of America began coverage on BorgWarner in a report on Wednesday, March 4th. They issued a “neutral” rating for the company. The Goldman Sachs Group lifted their target price on BorgWarner from $54.00 to $78.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. UBS Group lifted their target price on BorgWarner from $55.00 to $56.00 and gave the stock a “neutral” rating in a report on Tuesday, April 14th. Wolfe Research raised BorgWarner from a “peer perform” rating to an “outperform” rating and set a $68.00 target price for the company in a report on Wednesday, March 25th. Finally, Barclays increased their price target on BorgWarner from $55.00 to $70.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. Seven investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $66.77.

BorgWarner Company 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.