Tania Wingfield Sells 5,000 Shares of BorgWarner (NYSE:BWA) Stock

BorgWarner Inc. (NYSE:BWA) EVP Tania Wingfield sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $63.24, for a total transaction of $316,200.00. Following the transaction, the executive vice president directly owned 35,365 shares in the company, valued at $2,236,482.60. The trade was a 12.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Tania Wingfield also recently made the following trade(s):

• On Friday, February 13th, Tania Wingfield sold 17,867 shares of BorgWarner stock. The shares were sold at an average price of $63.43, for a total transaction of $1,133,303.81.

BorgWarner Stock Performance

Shares of BWA opened at $67.00 on Thursday. The company’s 50 day moving average price is $54.88 and its 200 day moving average price is $50.42. BorgWarner Inc. has a 52 week low of $31.83 and a 52 week high of $70.08. The company has a market capitalization of $13.74 billion, a PE ratio of 39.64, a PEG ratio of 1.23 and a beta of 1.00. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.75 and a current ratio of 2.13.

BorgWarner (NYSE:BWA) last posted 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 the consensus estimate of $3.50 billion. BorgWarner had a net margin of 2.53% and a return on equity of 18.36%. The company’s revenue for the quarter was up .5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.11 earnings per share. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. Research analysts expect that BorgWarner Inc. will post 5.15 EPS for the current fiscal year.

BorgWarner Dividend Announcement

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 given a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Monday, June 1st. BorgWarner’s payout ratio is currently 40.24%.

Institutional Trading of BorgWarner

A number of institutional investors and hedge funds have recently modified their holdings of BWA. AQR Capital Management LLC lifted its stake in shares of BorgWarner by 119.7% in the third quarter. AQR Capital Management LLC now owns 7,518,776 shares of the auto parts company’s stock worth $330,525,000 after buying an additional 4,095,902 shares during the last quarter. Norges Bank acquired a new stake in shares of BorgWarner in the fourth quarter worth $156,794,000. Millennium Management LLC lifted its stake in shares of BorgWarner by 94.5% in the fourth quarter. Millennium Management LLC now owns 2,100,815 shares of the auto parts company’s stock worth $94,663,000 after buying an additional 1,020,726 shares during the last quarter. SEB Asset Management AB acquired a new stake in shares of BorgWarner in the first quarter worth $50,930,000. Finally, Adage Capital Partners GP L.L.C. lifted its stake in shares of BorgWarner by 233.6% in the second quarter. Adage Capital Partners GP L.L.C. now owns 1,111,000 shares of the auto parts company’s stock worth $37,196,000 after buying an additional 778,000 shares during the last quarter. 95.67% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

BWA has been the subject of several recent research reports. JPMorgan Chase & Co. decreased their target price on shares of BorgWarner to $73.00 and set an “overweight” rating for the company in a research report on Thursday, April 23rd. New Street Research set a $66.00 target price on shares of BorgWarner in a research report on Thursday, February 12th. The Goldman Sachs Group boosted their target price on shares of 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 decreased their target price on shares of BorgWarner to $68.00 and set an “overweight” rating for the company in a research report on Tuesday, March 31st. Finally, Deutsche Bank Aktiengesellschaft set a $81.00 target price on shares of BorgWarner in a research report on Tuesday, April 21st. Seven equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, BorgWarner presently has a consensus rating of “Moderate Buy” and a consensus target price of $67.50.

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.