Corient Private Wealth LP Purchases New Stake in BorgWarner Inc. $BWA

Corient Private Wealth LP acquired a new position in BorgWarner Inc. (NYSE:BWA) in the 2nd quarter, Holdings Channel.com reports. The firm acquired 21,411 shares of the auto parts company’s stock, valued at approximately $1,422,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Sivia Capital Partners LLC acquired a new stake in shares of BorgWarner in the second quarter valued at about $339,000. Louisiana State Employees Retirement System acquired a new position in BorgWarner during the first quarter worth about $3,256,000. Securian Asset Management Inc. purchased a new position in BorgWarner in the fourth quarter valued at about $702,000. Bessemer Group Inc. increased its holdings in BorgWarner by 5,773.0% in the fourth quarter. Bessemer Group Inc. now owns 201,386 shares of the auto parts company’s stock valued at $9,074,000 after buying an additional 197,957 shares in the last quarter. Finally, Northwestern Mutual Investment Management Company LLC acquired a new stake in shares of BorgWarner during the 4th quarter valued at approximately $2,157,000. Institutional investors and hedge funds own 95.67% of the company’s stock.

BorgWarner Stock Up 0.9%

BWA stock opened at $65.75 on Friday. The company has a debt-to-equity ratio of 0.67, a current ratio of 2.13 and a quick ratio of 1.76. The company’s 50 day simple moving average is $65.16 and its 200-day simple moving average is $62.20. BorgWarner Inc. has a 12 month low of $40.50 and a 12 month high of $78.82. The firm has a market capitalization of $13.39 billion, a PE ratio of 32.88, a P/E/G ratio of 1.17 and a beta of 1.12.

BorgWarner (NYSE:BWA) last issued its quarterly earnings data on Wednesday, August 5th. The auto parts company reported $1.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.28 by $0.14. BorgWarner had a return on equity of 19.10% and a net margin of 2.89%.The firm had revenue of $3.65 billion during the quarter, compared to the consensus estimate of $3.58 billion. During the same period in the previous year, the firm posted $1.21 EPS. The company’s quarterly revenue was up .3% compared to the same quarter last year. BorgWarner has set its FY 2026 guidance at 5.050-5.300 EPS. Equities analysts expect that BorgWarner Inc. will post 5.2 earnings per share for the current fiscal year.

BorgWarner Dividend Announcement

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

BorgWarner declared that its Board of Directors has initiated a stock repurchase plan on Wednesday, August 5th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the auto parts company to reacquire up to 7.7% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s board believes its stock is undervalued.

Analysts Set New Price Targets

Several brokerages have recently commented on BWA. JPMorgan Chase & Co. boosted their price target on BorgWarner from $75.00 to $85.00 and gave the stock an “overweight” rating in a research note on Monday, August 10th. Wall Street Zen raised BorgWarner from a “hold” rating to a “buy” rating in a report on Saturday, June 27th. Barclays boosted their target price on BorgWarner from $83.00 to $85.00 and gave the stock an “overweight” rating in a research report on Monday, August 10th. Deutsche Bank Aktiengesellschaft set a $80.00 target price on BorgWarner in a report on Thursday, August 6th. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $84.00 price target on shares of BorgWarner in a research report on Thursday, June 11th. Nine research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $76.67.

Insider Activity at BorgWarner

In related news, Director Michael S. Hanley sold 5,000 shares of the business’s stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $65.51, for a total value of $327,550.00. Following the completion of the transaction, the director owned 34,313 shares of the company’s stock, valued at approximately $2,247,844.63. The trade was a 12.72% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Rajesh Kalathur bought 7,407 shares of BorgWarner stock in a transaction on Wednesday, August 19th. The stock was purchased at an average price of $67.59 per share, for a total transaction of $500,639.13. Following the completion of the acquisition, the director owned 7,407 shares in the company, valued at $500,639.13. This represents a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 0.76% 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.