Cullen Capital Management LLC Makes New $4.94 Million Investment in BorgWarner Inc. $BWA

Cullen Capital Management LLC acquired a new position in shares of BorgWarner Inc. (NYSE:BWA) during the 2nd quarter, Holdings Channel.com reports. The fund acquired 74,351 shares of the auto parts company’s stock, valued at approximately $4,937,000.

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

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. UBS Group raised BorgWarner from a “neutral” rating to a “buy” rating and increased their target price for the stock from $61.00 to $95.00 in a report on Wednesday, June 10th. Deutsche Bank Aktiengesellschaft set a $80.00 price target on BorgWarner in a research note on Thursday, August 6th. Weiss Ratings upgraded BorgWarner from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, June 29th. Wells Fargo & Company increased their price objective on BorgWarner from $68.00 to $83.00 and gave the stock an “overweight” rating in a research note on Tuesday, June 2nd. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $84.00 price objective on shares of BorgWarner in a report on Thursday, June 11th. Nine investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $75.93.

BorgWarner Trading Down 5.1%

Shares of BWA opened at $64.33 on Tuesday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.76 and a current ratio of 2.13. The company has a market cap of $13.10 billion, a price-to-earnings ratio of 32.16, a PEG ratio of 1.22 and a beta of 1.10. The stock has a fifty day moving average price of $66.16 and a two-hundred day moving average price of $61.77. BorgWarner Inc. has a 52-week low of $40.50 and a 52-week high of $78.82.

BorgWarner (NYSE:BWA) last announced its earnings results on Wednesday, August 5th. The auto parts company reported $1.42 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 company had revenue of $3.65 billion for the quarter, compared to analysts’ expectations of $3.58 billion. During the same quarter in the prior year, the business earned $1.21 earnings per share. The business’s revenue for the quarter was up .3% on a year-over-year basis. BorgWarner has set its FY 2026 guidance at 5.050-5.300 EPS. Analysts predict that BorgWarner Inc. will post 5.19 EPS for the current fiscal year.

BorgWarner Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be issued a dividend of $0.17 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $0.68 dividend on an annualized basis and a yield of 1.1%. BorgWarner’s dividend payout ratio is currently 34.00%.

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

Insider Activity

In other BorgWarner news, CAO Amy B. Kulikowski sold 2,900 shares of the firm’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $68.60, for a total value of $198,940.00. Following the completion of the sale, the chief accounting officer owned 9,725 shares in the company, valued at approximately $667,135. This trade represents a 22.97% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Rajesh Kalathur bought 7,407 shares of the company’s stock in a transaction on Wednesday, August 19th. The stock was bought at an average cost of $67.59 per share, with a total value of $500,639.13. Following the completion of the purchase, the director owned 7,407 shares of the company’s stock, valued at approximately $500,639.13. The trade was a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 0.76% of the company’s stock.

BorgWarner 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.