BorgWarner (NYSE:BWA) Downgraded by Wall Street Zen to “Buy”

Wall Street Zen lowered shares of BorgWarner (NYSE:BWA) from a strong-buy rating to a buy rating in a research note published on Saturday.

BWA has been the subject of several other research reports. Morgan Stanley set a $60.00 target price on BorgWarner in a research report on Thursday, February 12th. 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 research report on Thursday, February 12th. Wells Fargo & Company reduced their price objective on BorgWarner to $68.00 and set an “overweight” rating for the company in a research report on Tuesday, March 31st. Deutsche Bank Aktiengesellschaft set a $81.00 price objective on BorgWarner in a research report on Tuesday, April 21st. Finally, Barclays boosted their price objective on BorgWarner from $70.00 to $75.00 and gave the company an “overweight” rating in a research report on Thursday. Seven research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $67.50.

BorgWarner Price Performance

BWA stock opened at $61.28 on Friday. The company has a quick ratio of 1.70, a current ratio of 2.13 and a debt-to-equity ratio of 0.69. BorgWarner has a 52-week low of $31.35 and a 52-week high of $70.08. The stock’s 50 day moving average is $54.39 and its two-hundred day moving average is $49.85. The company has a market capitalization of $12.57 billion, a PE ratio of 36.26, a P/E/G ratio of 1.28 and a beta of 1.00.

BorgWarner (NYSE:BWA) last issued its earnings results on Wednesday, May 6th. The auto parts company reported $1.24 EPS for the quarter, topping the consensus estimate of $1.16 by $0.08. The company had revenue of $3.53 billion during the quarter, compared to analyst estimates of $3.50 billion. BorgWarner had a return on equity of 18.36% and a net margin of 2.53%.The business’s revenue was up .5% on a year-over-year basis. During the same quarter last year, the firm earned $1.11 EPS. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. Analysts predict that BorgWarner will post 5.13 earnings per share for the current fiscal year.

BorgWarner Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be paid a dividend of $0.17 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $0.68 annualized dividend and a yield of 1.1%. BorgWarner’s payout ratio is presently 40.24%.

Insider Activity

In other BorgWarner news, VP Isabelle Mckenzie sold 2,458 shares of BorgWarner stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $61.54, for a total transaction of $151,265.32. Following the sale, the vice president owned 66,351 shares of the company’s stock, valued at $4,083,240.54. The trade was a 3.57% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Tonit M. Calaway sold 14,021 shares of BorgWarner stock in a transaction on Monday, March 9th. The shares were sold at an average price of $51.46, for a total value of $721,520.66. Following the sale, the executive vice president directly owned 204,913 shares in the company, valued at $10,544,822.98. The trade was a 6.40% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 78,083 shares of company stock worth $4,638,585 over the last ninety days. 0.76% of the stock is currently owned by company insiders.

Institutional Trading of BorgWarner

Several hedge funds have recently added to or reduced their stakes in the business. Jackson Creek Investment Advisors LLC bought a new stake in shares of BorgWarner in the 3rd quarter worth $1,876,000. Ritholtz Wealth Management bought a new stake in shares of BorgWarner in the 3rd quarter worth $1,016,000. Savant Capital LLC raised its stake in shares of BorgWarner by 130.4% in the 3rd quarter. Savant Capital LLC now owns 72,427 shares of the auto parts company’s stock worth $3,184,000 after buying an additional 40,993 shares in the last quarter. Sivia Capital Partners LLC bought a new stake in shares of BorgWarner in the 2nd quarter worth $339,000. Finally, Arjuna Capital bought a new stake in shares of BorgWarner in the 3rd quarter worth $1,526,000. Institutional investors 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.