BorgWarner Inc. (NYSE:BWA) Declares $0.17 Quarterly Dividend

BorgWarner Inc. (NYSE:BWA) declared a quarterly dividend on Thursday, July 30th. Stockholders of record on Tuesday, September 1st will be given a dividend of 0.17 per share by the auto parts company on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Tuesday, September 1st.

BorgWarner has decreased its dividend payment by an average of 0.0%per year over the last three years and has increased its dividend annually for the last 1 consecutive years. BorgWarner has a dividend payout ratio of 14.7% indicating that its dividend is sufficiently covered by earnings. Analysts expect BorgWarner to earn $5.70 per share next year, which means the company should continue to be able to cover its $0.68 annual dividend with an expected future payout ratio of 11.9%.

BorgWarner Stock Performance

Shares of NYSE:BWA traded down $0.57 during trading on Friday, reaching $63.84. The stock had a trading volume of 1,931,061 shares, compared to its average volume of 2,873,972. The stock has a fifty day simple moving average of $68.02 and a two-hundred day simple moving average of $59.51. The company has a quick ratio of 1.75, a current ratio of 2.13 and a debt-to-equity ratio of 0.69. BorgWarner has a 52 week low of $35.04 and a 52 week high of $78.82. The firm has a market capitalization of $13.10 billion, a price-to-earnings ratio of 37.78, a P/E/G ratio of 1.33 and a beta of 1.09.

BorgWarner (NYSE:BWA) last posted its quarterly earnings data on Wednesday, May 6th. The auto parts company reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.08. BorgWarner had a net margin of 2.53% and a return on equity of 18.36%. The business had revenue of $3.53 billion during the quarter, compared to the consensus estimate of $3.50 billion. During the same period in the prior year, the firm earned $1.11 EPS. BorgWarner’s quarterly revenue was up .5% compared to the same quarter last year. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. As a group, analysts anticipate that BorgWarner will post 5.16 earnings per share for the current fiscal year.

Insider Activity

In other news, EVP Tania Wingfield sold 5,000 shares of BorgWarner stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $63.24, for a total value of $316,200.00. Following the completion of the transaction, the executive vice president owned 35,365 shares in the company, valued at approximately $2,236,482.60. The trade was a 12.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Isabelle Mckenzie sold 3,500 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $63.35, for a total value of $221,725.00. Following the completion of the transaction, the vice president directly owned 57,828 shares in the company, valued at $3,663,403.80. The trade was a 5.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 67,500 shares of company stock worth $4,310,115. Corporate insiders own 0.76% of the company’s stock.

Hedge Funds Weigh In On BorgWarner

Several institutional investors have recently bought and sold shares of BWA. Inspire Investing LLC grew its position in shares of BorgWarner by 2.8% during the 4th quarter. Inspire Investing LLC now owns 7,223 shares of the auto parts company’s stock valued at $325,000 after purchasing an additional 195 shares in the last quarter. Lazard Asset Management LLC raised its position in shares of BorgWarner by 1.0% in the fourth quarter. Lazard Asset Management LLC now owns 21,719 shares of the auto parts company’s stock worth $979,000 after buying an additional 206 shares in the last quarter. Arjuna Capital boosted its stake in BorgWarner by 0.6% during the fourth quarter. Arjuna Capital now owns 34,932 shares of the auto parts company’s stock valued at $1,574,000 after buying an additional 215 shares during the period. Fifth Third Wealth Advisors LLC boosted its stake in BorgWarner by 3.2% during the first quarter. Fifth Third Wealth Advisors LLC now owns 7,064 shares of the auto parts company’s stock valued at $383,000 after buying an additional 216 shares during the period. Finally, Ariadne Wealth Management LP grew its position in BorgWarner by 3.8% during the first quarter. Ariadne Wealth Management LP now owns 5,958 shares of the auto parts company’s stock worth $323,000 after buying an additional 218 shares in the last quarter. 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.