Commerce Bank Invests $1.35 Million in BorgWarner Inc. $BWA

Commerce Bank acquired a new position in shares of BorgWarner Inc. (NYSE:BWA) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 20,385 shares of the auto parts company’s stock, valued at approximately $1,354,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of BWA. BlackRock Inc. acquired a new position in BorgWarner during the 2nd quarter worth approximately $1,678,187,000. Dimensional Fund Advisors LP grew its stake in shares of BorgWarner by 1.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 11,961,482 shares of the auto parts company’s stock worth $538,996,000 after acquiring an additional 178,853 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of BorgWarner by 22.7% in the fourth quarter. AQR Capital Management LLC now owns 9,222,352 shares of the auto parts company’s stock valued at $415,559,000 after purchasing an additional 1,703,576 shares during the last quarter. State Street Corp raised its holdings in shares of BorgWarner by 5.3% in the second quarter. State Street Corp now owns 7,633,760 shares of the auto parts company’s stock valued at $255,578,000 after purchasing an additional 380,942 shares during the last quarter. Finally, LSV Asset Management lifted its position in shares of BorgWarner by 6.7% in the fourth quarter. LSV Asset Management now owns 6,446,541 shares of the auto parts company’s stock worth $290,481,000 after purchasing an additional 402,887 shares in the last quarter. Institutional investors and hedge funds own 95.67% of the company’s stock.

BorgWarner Price Performance

NYSE:BWA opened at $65.07 on Wednesday. BorgWarner Inc. has a 1-year low of $40.50 and a 1-year high of $78.82. The company has a current ratio of 2.13, a quick ratio of 1.76 and a debt-to-equity ratio of 0.67. The firm has a fifty day simple moving average of $66.01 and a 200 day simple moving average of $61.87. The stock has a market capitalization of $13.25 billion, a PE ratio of 32.54, a P/E/G ratio of 1.16 and a beta of 1.10.

BorgWarner (NYSE:BWA) last issued 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. The business had revenue of $3.65 billion for the quarter, compared to the consensus estimate of $3.58 billion. BorgWarner had a net margin of 2.89% and a return on equity of 19.10%. The firm’s revenue for the quarter was up .3% on a year-over-year basis. During the same period in the previous year, the company earned $1.21 earnings per share. BorgWarner has set its FY 2026 guidance at 5.050-5.300 EPS. On average, research analysts expect that BorgWarner Inc. will post 5.19 EPS for the current fiscal year.

BorgWarner Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be paid a dividend of $0.17 per share. The ex-dividend date is Tuesday, September 1st. This represents a $0.68 annualized dividend and a dividend yield of 1.0%. BorgWarner’s payout ratio is currently 34.00%.

BorgWarner declared that its board has authorized a share repurchase program on Wednesday, August 5th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the auto parts company to repurchase up to 7.7% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s management believes its shares are undervalued.

Wall Street Analyst Weigh In

BWA has been the subject of a number of analyst reports. TD Cowen raised their target price on shares of BorgWarner from $67.00 to $68.00 and gave the company a “hold” rating in a research report on Thursday, August 6th. The Goldman Sachs Group reissued a “buy” rating and set a $84.00 price target on shares of BorgWarner in a research report on Thursday, June 11th. Wall Street Zen upgraded shares of BorgWarner from a “hold” rating to a “buy” rating in a research note on Saturday, June 27th. JPMorgan Chase & Co. raised their price objective on BorgWarner from $75.00 to $85.00 and gave the company an “overweight” rating in a report on Monday, August 10th. Finally, Robert W. Baird set a $79.00 target price on BorgWarner in a research report on Thursday, August 6th. Nine investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $75.93.

Insider Transactions at BorgWarner

In related news, CAO Amy B. Kulikowski sold 2,900 shares of the firm’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $68.60, for a total value of $198,940.00. Following the completion of the sale, the chief accounting officer directly owned 9,725 shares in the company, valued at approximately $667,135. This trade represents a 22.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Rajesh Kalathur purchased 7,407 shares of BorgWarner stock in a transaction that occurred on Wednesday, August 19th. The shares were acquired at an average price of $67.59 per share, with a total value of $500,639.13. Following the acquisition, the director directly owned 7,407 shares of the company’s stock, valued at $500,639.13. This trade represents a ∞ increase in their position. The SEC filing for this purchase provides additional information. 0.76% of the stock is currently owned by corporate insiders.

BorgWarner 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.