Perigon Wealth Management LLC Invests $536,000 in BorgWarner Inc. $BWA

Perigon Wealth Management LLC bought a new stake in shares of BorgWarner Inc. (NYSE:BWA) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 8,073 shares of the auto parts company’s stock, valued at approximately $536,000.

A number of other hedge funds have also recently made changes to their positions in BWA. Inspire Investing LLC lifted its holdings in 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 buying an additional 195 shares in the last quarter. Lazard Asset Management LLC grew its stake in BorgWarner by 1.0% in the 4th quarter. Lazard Asset Management LLC now owns 21,719 shares of the auto parts company’s stock worth $979,000 after acquiring an additional 206 shares in the last quarter. Arjuna Capital grew its stake in BorgWarner by 0.6% in the 4th quarter. Arjuna Capital now owns 34,932 shares of the auto parts company’s stock worth $1,574,000 after acquiring an additional 215 shares in the last quarter. Fifth Third Wealth Advisors LLC increased its position in shares of 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 worth $383,000 after acquiring an additional 216 shares during the period. Finally, Ariadne Wealth Management LP raised its stake in shares of BorgWarner by 3.8% during the first quarter. Ariadne Wealth Management LP now owns 5,958 shares of the auto parts company’s stock valued at $323,000 after acquiring an additional 218 shares in the last quarter. 95.67% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Wolfe Research restated an “outperform” rating and set a $95.00 price objective on shares of BorgWarner in a report on Wednesday, June 3rd. Weiss Ratings raised BorgWarner from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, June 29th. Sanford C. Bernstein upgraded BorgWarner to a “buy” rating in a research note on Wednesday, June 10th. TD Cowen lifted their price objective on BorgWarner from $67.00 to $68.00 and gave the company a “hold” rating in a report on Thursday, August 6th. Finally, JPMorgan Chase & Co. upped their price objective on shares of BorgWarner from $75.00 to $85.00 and gave the stock an “overweight” rating in a research note on Monday, August 10th. Nine investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $75.93.

BorgWarner Stock Performance

Shares of BWA stock opened at $66.17 on Thursday. The firm has a market cap of $13.48 billion, a price-to-earnings ratio of 33.09, a PEG ratio of 1.22 and a beta of 1.10. BorgWarner Inc. has a 52-week low of $40.50 and a 52-week high of $78.82. The company has a quick ratio of 1.76, a current ratio of 2.13 and a debt-to-equity ratio of 0.67. The company’s 50 day moving average is $66.69 and its 200 day moving average is $61.40.

BorgWarner (NYSE:BWA) last posted its earnings results on Wednesday, August 5th. The auto parts company reported $1.42 earnings per share for the quarter, topping analysts’ consensus estimates of $1.28 by $0.14. BorgWarner had a return on equity of 19.10% and a net margin of 2.89%.The company had revenue of $3.65 billion during the quarter, compared to analyst estimates of $3.58 billion. During the same quarter in the prior year, the business earned $1.21 earnings per share. BorgWarner’s revenue was up .3% on a year-over-year basis. BorgWarner has set its FY 2026 guidance at 5.050-5.300 EPS. On average, sell-side analysts anticipate that BorgWarner Inc. will post 5.19 EPS for the current fiscal year.

BorgWarner Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be given a dividend of $0.17 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $0.68 dividend on an annualized basis and a yield of 1.0%. BorgWarner’s dividend payout ratio (DPR) is presently 34.00%.

BorgWarner declared that its Board of Directors has approved a share buyback program on Wednesday, August 5th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the auto parts company to purchase up to 7.7% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s board believes its stock is undervalued.

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.