State of Wyoming Sells 12,719 Shares of BorgWarner Inc. $BWA

State of Wyoming reduced its stake in BorgWarner Inc. (NYSE:BWA) by 67.1% during the 1st quarter, Holdings Channel reports. The firm owned 6,241 shares of the auto parts company’s stock after selling 12,719 shares during the period. State of Wyoming’s holdings in BorgWarner were worth $339,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Ethos Capital Management Inc. bought a new stake in shares of BorgWarner in the 4th quarter valued at about $1,433,000. Sivia Capital Partners LLC acquired a new stake in shares of BorgWarner in the 2nd quarter valued at approximately $339,000. Louisiana State Employees Retirement System bought a new position in BorgWarner during the 1st quarter worth approximately $3,256,000. Northwestern Mutual Investment Management Company LLC acquired a new position in BorgWarner during the fourth quarter valued at approximately $2,157,000. Finally, Securian Asset Management Inc. acquired a new stake in BorgWarner in the fourth quarter worth $702,000. Institutional investors own 95.67% of the company’s stock.

Insider Transactions at BorgWarner

In related news, VP Stefan Demmerle sold 20,000 shares of BorgWarner stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $59.26, for a total value of $1,185,200.00. Following the sale, the vice president owned 213,746 shares of the company’s stock, valued at approximately $12,666,587.96. This trade represents a 8.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Joseph F. Fadool sold 29,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $67.31, for a total value of $1,951,990.00. Following the completion of the sale, the chief executive officer owned 405,964 shares in the company, valued at $27,325,436.84. The trade was a 6.67% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 67,500 shares of company stock valued at $4,310,115 in the last ninety days. Corporate insiders own 0.76% of the company’s stock.

Analysts Set New Price Targets

BWA has been the topic of a number of recent analyst reports. Weiss Ratings raised shares of BorgWarner from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, June 29th. Barclays upped their price objective on shares of BorgWarner from $75.00 to $83.00 and gave the company an “overweight” rating in a research report on Thursday, July 9th. Sanford C. Bernstein raised BorgWarner to a “buy” rating in a research note on Wednesday, June 10th. Wolfe Research restated an “outperform” rating and issued a $95.00 price target on shares of BorgWarner in a report on Wednesday, June 3rd. Finally, Deutsche Bank Aktiengesellschaft set a $81.00 price target on BorgWarner in a research report on Tuesday, April 21st. Nine research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, BorgWarner presently has an average rating of “Moderate Buy” and a consensus target price of $74.57.

BorgWarner Trading Down 1.1%

BWA opened at $63.66 on Tuesday. The stock has a market capitalization of $13.06 billion, a P/E ratio of 37.67, a P/E/G ratio of 1.38 and a beta of 1.09. BorgWarner Inc. has a 12 month low of $34.27 and a 12 month high of $78.82. The firm’s fifty day simple moving average is $67.98 and its 200 day simple moving average is $59.18. The company has a current ratio of 2.13, a quick ratio of 1.75 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 analysts’ consensus estimates 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 company’s revenue was up .5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.11 EPS. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. As a group, research analysts anticipate that BorgWarner Inc. will post 5.16 EPS for the current fiscal year.

BorgWarner Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Monday, June 1st. BorgWarner’s dividend payout ratio is currently 40.24%.

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.