SG Americas Securities LLC Raises Stock Holdings in BorgWarner Inc. $BWA

SG Americas Securities LLC boosted its stake in shares of BorgWarner Inc. (NYSE:BWA) by 417.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 89,636 shares of the auto parts company’s stock after purchasing an additional 72,312 shares during the quarter. SG Americas Securities LLC’s holdings in BorgWarner were worth $4,039,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the company. AQR Capital Management LLC lifted its position in shares of BorgWarner by 119.7% during the third quarter. AQR Capital Management LLC now owns 7,518,776 shares of the auto parts company’s stock valued at $330,525,000 after buying an additional 4,095,902 shares during the last quarter. Norges Bank purchased a new position in shares of BorgWarner in the 2nd quarter worth approximately $110,234,000. Adage Capital Partners GP L.L.C. raised its stake in shares of BorgWarner by 233.6% during the 2nd quarter. Adage Capital Partners GP L.L.C. now owns 1,111,000 shares of the auto parts company’s stock worth $37,196,000 after acquiring an additional 778,000 shares in the last quarter. Electron Capital Partners LLC bought a new position in shares of BorgWarner during the 3rd quarter worth approximately $31,820,000. Finally, Balyasny Asset Management L.P. purchased a new stake in BorgWarner during the second quarter valued at approximately $22,590,000. 95.67% of the stock is currently owned by institutional investors.

Insider Activity at BorgWarner

In other BorgWarner news, EVP Tonit M. Calaway sold 14,021 shares of the business’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $51.46, for a total transaction of $721,520.66. Following the sale, the executive vice president owned 204,913 shares in the company, valued at approximately $10,544,822.98. The trade was a 6.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Isabelle Mckenzie sold 2,458 shares of the stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $61.54, for a total value of $151,265.32. Following the completion of the transaction, the vice president directly owned 66,351 shares in the company, valued at $4,083,240.54. This represents a 3.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 78,083 shares of company stock worth $4,638,585 in the last quarter. 0.45% of the stock is owned by insiders.

BorgWarner Stock Down 3.2%

NYSE:BWA opened at $52.80 on Friday. The company has a current ratio of 2.07, a quick ratio of 1.70 and a debt-to-equity ratio of 0.69. BorgWarner Inc. has a twelve month low of $24.40 and a twelve month high of $70.08. The company has a market cap of $10.88 billion, a PE ratio of 42.24, a P/E/G ratio of 1.11 and a beta of 1.04. The company’s 50 day moving average is $54.35 and its two-hundred day moving average is $47.88.

BorgWarner (NYSE:BWA) last posted its quarterly 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 business had revenue of $3.57 billion during the quarter, compared to analysts’ expectations of $3.49 billion. BorgWarner had a net margin of 1.93% and a return on equity of 17.89%. The business’s quarterly revenue was up 3.9% on a year-over-year basis. During the same quarter last year, the company posted $1.01 earnings per share. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. Analysts anticipate that BorgWarner Inc. will post 4.28 EPS for the current year.

BorgWarner Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were given a dividend of $0.17 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $0.68 dividend on an annualized basis and a yield of 1.3%. BorgWarner’s payout ratio is currently 54.40%.

Analyst Ratings Changes

BWA has been the topic of several analyst reports. Wells Fargo & Company cut their price target on shares of BorgWarner to $68.00 and set an “overweight” rating on the stock in a report on Tuesday. Wolfe Research upgraded BorgWarner from a “peer perform” rating to an “outperform” rating and set a $68.00 price objective for the company in a report on Wednesday, March 25th. Weiss Ratings reissued a “hold (c)” rating on shares of BorgWarner in a research report on Wednesday, January 21st. The Goldman Sachs Group upped their target price on BorgWarner from $54.00 to $78.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. Finally, Piper Sandler reiterated a “neutral” rating and issued a $51.00 price target (down from $52.00) on shares of BorgWarner in a research note on Thursday, January 8th. Eight research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $63.23.

BorgWarner Company 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.