Insider Selling: BorgWarner (NYSE:BWA) VP Sells $132,575.00 in Stock

BorgWarner Inc. (NYSE:BWA) VP Stefan Demmerle sold 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $53.03, for a total value of $132,575.00. Following the transaction, the vice president owned 233,746 shares in the company, valued at approximately $12,395,550.38. The trade was a 1.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

BorgWarner Trading Up 0.0%

BWA stock traded up $0.03 during midday trading on Wednesday, hitting $52.86. The company had a trading volume of 1,059,077 shares, compared to its average volume of 3,109,172. The company has a current ratio of 2.07, a quick ratio of 1.70 and a debt-to-equity ratio of 0.69. BorgWarner Inc. has a 52 week low of $24.40 and a 52 week high of $70.08. The stock’s 50 day moving average price is $52.35 and its 200 day moving average price is $46.77. The stock has a market cap of $10.94 billion, a price-to-earnings ratio of 42.23, a PEG ratio of 1.08 and a beta of 1.04.

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

BorgWarner Announces Dividend

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Root Financial Partners LLC purchased a new stake in BorgWarner in the third quarter worth $27,000. Addison Advisors LLC boosted its holdings in shares of BorgWarner by 1,647.8% during the 2nd quarter. Addison Advisors LLC now owns 804 shares of the auto parts company’s stock valued at $27,000 after buying an additional 758 shares in the last quarter. Assetmark Inc. grew 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 buying an additional 364 shares during the period. Prosperity Bancshares Inc purchased a new stake in shares of BorgWarner in the 4th quarter worth about $37,000. Finally, Sound Income Strategies LLC increased its stake in shares of BorgWarner by 9,888.9% in the 4th quarter. Sound Income Strategies LLC now owns 899 shares of the auto parts company’s stock worth $42,000 after acquiring an additional 890 shares in the last quarter. Hedge funds and other institutional investors own 95.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Evercore reiterated an “outperform” rating and set a $75.00 target price on shares of BorgWarner in a report on Tuesday, February 17th. Bank of America assumed coverage on BorgWarner in a research report on Wednesday, March 4th. They set a “neutral” rating for the company. UBS Group upgraded BorgWarner from a “sell” rating to a “neutral” rating and set a $55.00 price objective on the stock in a research report on Friday, March 6th. Wells Fargo & Company boosted their target price on BorgWarner from $52.00 to $75.00 and gave the company an “overweight” rating in a research note on Thursday, February 12th. Finally, TD Cowen reaffirmed a “hold” rating on shares of BorgWarner in a research note on Thursday, February 12th. Eight analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $61.31.

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.