Yousif Capital Management LLC Cuts Stake in BorgWarner Inc. $BWA

Yousif Capital Management LLC reduced its position in BorgWarner Inc. (NYSE:BWA) by 17.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 74,600 shares of the auto parts company’s stock after selling 15,596 shares during the quarter. Yousif Capital Management LLC’s holdings in BorgWarner were worth $3,279,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Blackston Financial Advisory Group LLC increased its position in BorgWarner by 3.4% during the 2nd quarter. Blackston Financial Advisory Group LLC now owns 7,970 shares of the auto parts company’s stock valued at $267,000 after purchasing an additional 265 shares during the period. Assetmark Inc. lifted its position in shares of BorgWarner by 81.8% in the 2nd quarter. Assetmark Inc. now owns 809 shares of the auto parts company’s stock worth $27,000 after purchasing an additional 364 shares during the period. Tectonic Advisors LLC boosted its stake in shares of BorgWarner by 2.3% during the second quarter. Tectonic Advisors LLC now owns 17,002 shares of the auto parts company’s stock valued at $569,000 after purchasing an additional 388 shares in the last quarter. AMG National Trust Bank increased its holdings in BorgWarner by 0.9% during the second quarter. AMG National Trust Bank now owns 50,699 shares of the auto parts company’s stock valued at $1,697,000 after buying an additional 453 shares during the period. Finally, MAI Capital Management raised its stake in BorgWarner by 6.5% in the second quarter. MAI Capital Management now owns 8,072 shares of the auto parts company’s stock worth $270,000 after buying an additional 490 shares in the last quarter. 95.67% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, VP Isabelle Mckenzie sold 3,200 shares of the company’s stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $44.23, for a total value of $141,536.00. Following the transaction, the vice president directly owned 43,555 shares of the company’s stock, valued at $1,926,437.65. This represents a 6.84% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Stefan Demmerle sold 15,000 shares of the firm’s stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $45.52, for a total value of $682,800.00. Following the completion of the transaction, the vice president owned 209,040 shares of the company’s stock, valued at $9,515,500.80. This trade represents a 6.70% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 23,200 shares of company stock valued at $1,054,336. Corporate insiders own 0.45% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on BWA shares. Weiss Ratings reiterated a “hold (c)” rating on shares of BorgWarner in a report on Wednesday, October 8th. The Goldman Sachs Group lifted their target price on BorgWarner from $45.00 to $52.00 and gave the company a “buy” rating in a research note on Monday, September 29th. Bank of America downgraded shares of BorgWarner from a “buy” rating to a “neutral” rating and boosted their target price for the stock from $41.00 to $46.00 in a report on Wednesday, September 10th. JPMorgan Chase & Co. increased their price target on shares of BorgWarner from $45.00 to $53.00 and gave the company an “overweight” rating in a research report on Monday, October 20th. Finally, Baird R W raised shares of BorgWarner from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, September 3rd. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, BorgWarner has an average rating of “Moderate Buy” and a consensus target price of $46.46.

BorgWarner Trading Up 0.4%

BorgWarner stock opened at $45.62 on Friday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.69 and a current ratio of 2.05. The stock has a market cap of $9.76 billion, a PE ratio of 72.41, a price-to-earnings-growth ratio of 0.95 and a beta of 1.06. The stock has a 50-day moving average of $43.97 and a two-hundred day moving average of $40.90. BorgWarner Inc. has a one year low of $24.40 and a one year high of $46.39.

BorgWarner (NYSE:BWA) last issued its quarterly earnings results on Thursday, October 30th. 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 $3.59 billion for the quarter, compared to analyst estimates of $3.58 billion. BorgWarner had a return on equity of 16.72% and a net margin of 0.94%.The company’s revenue was up 4.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.09 earnings per share. BorgWarner has set its FY 2025 guidance at 4.600-4.750 EPS. On average, research analysts anticipate that BorgWarner Inc. will post 4.28 EPS for the current fiscal year.

BorgWarner Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were paid a dividend of $0.17 per share. The ex-dividend date was Monday, December 1st. This represents a $0.68 dividend on an annualized basis and a yield of 1.5%. BorgWarner’s dividend payout ratio is presently 107.94%.

BorgWarner 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.