Castleark Management LLC Reduces Holdings in BorgWarner Inc. $BWA

Castleark Management LLC trimmed its holdings in shares of BorgWarner Inc. (NYSE:BWA) by 5.6% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 148,506 shares of the auto parts company’s stock after selling 8,830 shares during the quarter. Castleark Management LLC’s holdings in BorgWarner were worth $8,058,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in BWA. Inspire Investing LLC grew its position in shares of 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 acquiring an additional 195 shares during the period. Lazard Asset Management LLC lifted its position in BorgWarner by 1.0% during the fourth quarter. Lazard Asset Management LLC now owns 21,719 shares of the auto parts company’s stock valued at $979,000 after purchasing an additional 206 shares in the last quarter. Arjuna Capital lifted its position in BorgWarner by 0.6% during the fourth quarter. Arjuna Capital now owns 34,932 shares of the auto parts company’s stock valued at $1,574,000 after purchasing an additional 215 shares in the last quarter. Fifth Third Wealth Advisors LLC grew its holdings in 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 valued at $383,000 after purchasing an additional 216 shares during the period. Finally, Quadrant Capital Group LLC grew its holdings in BorgWarner by 0.7% during the fourth quarter. Quadrant Capital Group LLC now owns 34,538 shares of the auto parts company’s stock valued at $1,556,000 after purchasing an additional 246 shares during the period. 95.67% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently commented on BWA. UBS Group raised BorgWarner from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $61.00 to $95.00 in a research note on Wednesday, June 10th. Wall Street Zen upgraded BorgWarner from a “hold” rating to a “buy” rating in a research note on Saturday, June 27th. Weiss Ratings raised shares of BorgWarner from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, June 29th. The Goldman Sachs Group restated a “buy” rating and set a $84.00 target price on shares of BorgWarner in a research note on Thursday, June 11th. Finally, Deutsche Bank Aktiengesellschaft set a $81.00 price target on shares of BorgWarner in a research report on Tuesday, April 21st. Nine analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $74.57.

BorgWarner Price Performance

NYSE:BWA opened at $64.41 on Monday. The business’s 50-day simple moving average is $67.94 and its two-hundred day simple moving average is $59.06. BorgWarner Inc. has a 52 week low of $34.27 and a 52 week high of $78.82. The stock has a market cap of $13.21 billion, a PE ratio of 38.11, a P/E/G ratio of 1.38 and a beta of 1.09. The company has a quick ratio of 1.75, a current ratio of 2.13 and a debt-to-equity ratio of 0.69.

BorgWarner (NYSE:BWA) last released its earnings results on Wednesday, May 6th. The auto parts company reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.08. The firm had revenue of $3.53 billion during the quarter, compared to analysts’ expectations of $3.50 billion. BorgWarner had a return on equity of 18.36% and a net margin of 2.53%.The firm’s revenue was up .5% on a year-over-year basis. During the same quarter last year, the business posted $1.11 earnings per share. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. As a group, analysts forecast that BorgWarner Inc. will post 5.16 EPS for the current fiscal year.

BorgWarner Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Monday, June 1st. BorgWarner’s dividend payout ratio (DPR) is 40.24%.

Insider Activity at BorgWarner

In other news, EVP Tania Wingfield sold 5,000 shares of BorgWarner stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $63.24, for a total transaction of $316,200.00. Following the sale, the executive vice president owned 35,365 shares in the company, valued at $2,236,482.60. This trade represents a 12.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Stefan Demmerle sold 5,000 shares of the business’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $65.00, for a total transaction of $325,000.00. Following the completion of the transaction, the vice president directly owned 203,746 shares in the company, valued at $13,243,490. This trade represents a 2.40% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 67,500 shares of company stock worth $4,310,115. 0.76% of the stock is currently owned by corporate insiders.

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.