BorgWarner (NYSE:BWA) Now Covered by Analysts at Bank of America

Bank of America began coverage on shares of BorgWarner (NYSE:BWA) in a research report released on Wednesday morning. The firm issued a neutral rating on the auto parts company’s stock.

BWA has been the topic of several other reports. Barclays raised their price target on shares of BorgWarner from $55.00 to $70.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. Morgan Stanley set a $60.00 target price on shares of BorgWarner in a research report on Thursday, February 12th. UBS Group cut shares of BorgWarner from a “neutral” rating to a “sell” rating and lifted their target price for the stock from $49.00 to $55.00 in a research note on Friday, February 20th. TD Cowen reissued a “hold” rating on shares of BorgWarner in a research note on Thursday, February 12th. Finally, Robert W. Baird set a $76.00 price objective on BorgWarner in a report on Thursday, February 12th. Eight research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, BorgWarner has an average rating of “Hold” and an average price target of $59.14.

BorgWarner Stock Performance

BorgWarner stock opened at $52.80 on Wednesday. BorgWarner has a fifty-two week low of $24.40 and a fifty-two week high of $70.08. The company has a market capitalization of $10.93 billion, a price-to-earnings ratio of 42.24, a PEG ratio of 1.09 and a beta of 1.04. The stock has a fifty day moving average of $51.80 and a two-hundred day moving average of $46.45. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.70 and a current ratio of 2.07.

BorgWarner (NYSE:BWA) last issued its quarterly earnings data on Wednesday, February 11th. The auto parts company reported $1.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.19. The business had revenue of $3.57 billion for the quarter, compared to the consensus estimate of $3.49 billion. BorgWarner had a return on equity of 17.89% and a net margin of 1.93%.The business’s revenue was up 3.9% on a year-over-year basis. During the same period in the prior year, the business earned $1.01 earnings per share. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. On average, analysts anticipate that BorgWarner will post 4.28 EPS for the current fiscal year.

BorgWarner Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Monday, March 2nd. BorgWarner’s dividend payout ratio (DPR) is 54.40%.

Insider Activity

In related news, VP Isabelle Mckenzie sold 2,458 shares of the stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $61.54, for a total value of $151,265.32. Following the transaction, the vice president directly owned 66,351 shares of the company’s stock, valued at approximately $4,083,240.54. This trade represents a 3.57% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Tania Wingfield sold 17,867 shares of the business’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $63.43, for a total value of $1,133,303.81. Following the sale, the executive vice president directly owned 45,429 shares of the company’s stock, valued at approximately $2,881,561.47. This trade represents a 28.23% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 49,550 shares of company stock valued at $3,156,141 in the last ninety days. Company insiders own 0.45% of the company’s stock.

Institutional Trading of BorgWarner

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in BorgWarner by 7.8% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 56,411 shares of the auto parts company’s stock valued at $1,889,000 after purchasing an additional 4,078 shares in the last quarter. CWM LLC lifted its stake in shares of BorgWarner by 218.3% during the third quarter. CWM LLC now owns 235,861 shares of the auto parts company’s stock worth $10,368,000 after purchasing an additional 161,755 shares in the last quarter. Jackson Creek Investment Advisors LLC purchased a new stake in shares of BorgWarner in the third quarter worth about $1,876,000. Columbia Bank acquired a new stake in shares of BorgWarner in the second quarter valued at about $239,000. Finally, Ritholtz Wealth Management purchased a new stake in shares of BorgWarner during the 3rd quarter valued at about $1,016,000. Institutional investors and hedge funds own 95.67% of the company’s stock.

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.