JSF Financial LLC Purchases 23,260 Shares of BorgWarner Inc. $BWA

JSF Financial LLC purchased a new stake in shares of BorgWarner Inc. (NYSE:BWA) during the third quarter, Holdings Channel.com reports. The institutional investor purchased 23,260 shares of the auto parts company’s stock, valued at approximately $1,398,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Clearstead Trust LLC acquired a new stake in BorgWarner in the second quarter worth about $28,000. Ceredex Value Advisors LLC bought a new position in BorgWarner in the 2nd quarter valued at about $40,000. Fiduciary Financial Advisors acquired a new position in BorgWarner during the 2nd quarter valued at about $49,000. Jones Financial Companies Lllp acquired a new position in BorgWarner during the 2nd quarter valued at about $57,000. Finally, Grove Bank & Trust increased its stake in BorgWarner by 4,304.3% during the 2nd quarter. Grove Bank & Trust now owns 1,013 shares of the auto parts company’s stock valued at $67,000 after buying an additional 990 shares during the period. 95.67% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

BWA has been the topic of a number of recent analyst reports. UBS Group dropped their price target on shares of BorgWarner from $95.00 to $91.00 and set a “buy” rating on the stock in a research report on Wednesday, October 7th. Barclays increased their price objective on shares of BorgWarner from $83.00 to $85.00 and gave the company an “overweight” rating in a report on Monday, August 10th. Morgan Stanley raised their price objective on shares of BorgWarner from $67.00 to $71.00 and gave the company an “equal weight” rating in a research note on Thursday, August 6th. Weiss Ratings reiterated a “hold (c+)” rating on shares of BorgWarner in a research note on Friday, September 25th. Finally, Wall Street Zen raised BorgWarner from a “hold” rating to a “buy” rating in a report on Saturday, October 10th. Ten equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $79.00.

Insider Buying and Selling at BorgWarner

In other BorgWarner news, Director Rajesh Kalathur acquired 7,407 shares of BorgWarner stock in a transaction dated Wednesday, August 19th. The stock was bought at an average price of $67.59 per share, for a total transaction of $500,639.13. Following the transaction, the director owned 7,407 shares in the company, valued at approximately $500,639.13. This trade represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Michael S. Hanley sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $65.51, for a total transaction of $327,550.00. Following the completion of the sale, the director owned 34,313 shares in the company, valued at $2,247,844.63. The trade was a 12.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.76% of the stock is owned by corporate insiders.

BorgWarner Stock Down 3.7%

BWA opened at $55.31 on Friday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.76 and a current ratio of 2.13. The company has a market capitalization of $11.27 billion, a PE ratio of 27.66, a P/E/G ratio of 0.84 and a beta of 1.16. The stock’s fifty day moving average is $62.88 and its 200-day moving average is $63.81. BorgWarner Inc. has a one year low of $40.73 and a one year high of $78.82.

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

BorgWarner Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were given a $0.17 dividend. The ex-dividend date was Tuesday, September 1st. This represents a $0.68 annualized dividend and a yield of 1.2%. BorgWarner’s payout ratio is 34.00%.

BorgWarner declared that its board has initiated a stock buyback program on Wednesday, August 5th that allows the company to buy back $1.00 billion in outstanding shares. This repurchase authorization allows the auto parts company to reacquire up to 7.7% of its shares through open market purchases. Stock repurchase programs are generally an indication that the company’s leadership believes its shares are undervalued.

BorgWarner Company Profile

BorgWarner Inc (NYSE:BWA) is a global automotive technology company that develops and manufactures propulsion and mobility systems for vehicle manufacturers and commercial vehicle customers. The company serves both internal-combustion and electrified vehicle markets, with a portfolio focused on improving vehicle efficiency, performance, emissions, and electrification.

Its products and technologies include turbochargers, emissions and thermal-management systems, transmission components, friction products, battery systems, battery charging equipment, power electronics, electric motors, and other electric-drive components.