Insider Selling: BorgWarner (NYSE:BWA) EVP Sells 9,725 Shares of Stock

BorgWarner Inc. (NYSE:BWA) EVP Tonit Calaway sold 9,725 shares of the stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $62.61, for a total value of $608,882.25. Following the completion of the sale, the executive vice president owned 230,526 shares of the company’s stock, valued at approximately $14,433,232.86. This trade represents a 4.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

BorgWarner Stock Performance

Shares of BorgWarner stock traded down $1.08 during midday trading on Thursday, hitting $60.64. The company had a trading volume of 1,539,355 shares, compared to its average volume of 3,053,596. The stock has a market cap of $12.56 billion, a price-to-earnings ratio of 48.53, a PEG ratio of 1.26 and a beta of 1.09. The company has a quick ratio of 1.70, a current ratio of 2.07 and a debt-to-equity ratio of 0.69. BorgWarner Inc. has a 12-month low of $24.40 and a 12-month high of $70.08. The company has a fifty day simple moving average of $49.31 and a 200 day simple moving average of $45.19.

BorgWarner (NYSE:BWA) last issued its earnings results on Wednesday, February 11th. The auto parts company reported $1.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.16 by $0.19. The company had revenue of $3.57 billion during the quarter, compared to analyst estimates of $3.49 billion. BorgWarner had a return on equity of 17.89% and a net margin of 1.93%.The firm’s quarterly revenue was up 3.9% on a year-over-year basis. During the same quarter last year, the business posted $1.01 EPS. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. As a group, analysts predict that BorgWarner Inc. will post 4.28 earnings per share for the current fiscal year.

BorgWarner Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be issued a $0.17 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $0.68 dividend on an annualized basis and a yield of 1.1%. BorgWarner’s payout ratio is presently 54.40%.

Analyst Ratings Changes

Several brokerages recently weighed in on BWA. UBS Group lifted their price target on BorgWarner from $46.00 to $49.00 and gave the company a “neutral” rating in a research note on Wednesday, January 14th. Wells Fargo & Company increased their target price on BorgWarner from $52.00 to $75.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. TD Cowen reaffirmed a “hold” rating on shares of BorgWarner in a research note on Thursday, February 12th. Evercore reissued an “outperform” rating and issued a $75.00 price objective on shares of BorgWarner in a research note on Tuesday. Finally, Robert W. Baird set a $76.00 target price on shares of BorgWarner in a research note on Thursday, February 12th. Eight investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $58.71.

Hedge Funds Weigh In On BorgWarner

Several hedge funds and other institutional investors have recently made changes to their positions in BWA. Root Financial Partners LLC acquired a new position in shares of BorgWarner in the 3rd quarter valued at $27,000. Caitong International Asset Management Co. Ltd lifted its position in BorgWarner by 1,133.3% in the second quarter. Caitong International Asset Management Co. Ltd now owns 777 shares of the auto parts company’s stock valued at $26,000 after purchasing an additional 714 shares during the period. Addison Advisors LLC boosted its holdings in BorgWarner by 1,647.8% in the 2nd quarter. Addison Advisors LLC now owns 804 shares of the auto parts company’s stock valued at $27,000 after purchasing an additional 758 shares in the last quarter. Assetmark Inc. raised its position in BorgWarner by 81.8% in the second quarter. Assetmark Inc. now owns 809 shares of the auto parts company’s stock worth $27,000 after acquiring an additional 364 shares in the last quarter. Finally, Prosperity Bancshares Inc purchased a new stake in shares of BorgWarner during the 4th quarter worth $37,000. Hedge funds and other 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.