BorgWarner Inc. $BWA Shares Sold by Kieckhefer Group LLC

Kieckhefer Group LLC reduced its holdings in shares of BorgWarner Inc. (NYSE:BWA) by 43.9% during the third quarter, Holdings Channel reports. The fund owned 13,150 shares of the auto parts company’s stock after selling 10,300 shares during the period. Kieckhefer Group LLC’s holdings in BorgWarner were worth $790,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Clearstead Trust LLC bought a new stake in shares of BorgWarner in the 2nd quarter worth approximately $28,000. Ceredex Value Advisors LLC purchased a new stake in shares of BorgWarner in the 2nd quarter valued at $40,000. Fiduciary Financial Advisors bought a new position in shares of BorgWarner during the 2nd quarter valued at $49,000. Jones Financial Companies Lllp bought a new position in shares of BorgWarner during the 2nd quarter valued at $57,000. Finally, Grove Bank & Trust grew its holdings in shares of BorgWarner by 4,304.3% during the 2nd quarter. Grove Bank & Trust now owns 1,013 shares of the auto parts company’s stock valued at $67,000 after purchasing an additional 990 shares during the last quarter. 95.67% of the stock is owned by hedge funds and other institutional investors.

BorgWarner Trading Up 0.4%

NYSE:BWA traded up $0.27 during midday trading on Tuesday, reaching $60.30. 626,132 shares of the stock traded hands, compared to its average volume of 2,715,490. The company has a fifty day moving average of $64.37 and a 200 day moving average of $63.57. BorgWarner Inc. has a 12 month low of $40.50 and a 12 month high of $78.82. 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 stock has a market capitalization of $12.28 billion, a P/E ratio of 30.15, a PEG ratio of 1.10 and a beta of 1.16.

BorgWarner (NYSE:BWA) last announced its quarterly earnings results on Wednesday, August 5th. The auto parts company reported $1.42 earnings per share for the quarter, beating the consensus estimate of $1.28 by $0.14. The business had revenue of $3.65 billion during the quarter, compared to analysts’ expectations of $3.58 billion. BorgWarner had a net margin of 2.89% and a return on equity of 19.10%. The firm’s revenue for the quarter was up .3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.21 EPS. BorgWarner has set its FY 2026 guidance at 5.050-5.300 EPS. On average, research analysts predict that BorgWarner Inc. will post 5.20 EPS for the current year.

BorgWarner announced that its Board of Directors has approved a stock buyback program on Wednesday, August 5th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the auto parts company to purchase up to 7.7% of its shares through open market purchases. Stock repurchase programs are usually an indication that the company’s board of directors believes its stock is undervalued.

BorgWarner Dividend Announcement

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

Insider Buying and Selling

In other BorgWarner news, Director Rajesh Kalathur bought 7,407 shares of the business’s stock in a transaction that occurred on Wednesday, August 19th. The shares were 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 directly owned 7,407 shares of the company’s stock, valued at $500,639.13. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Michael Hanley sold 5,000 shares of the business’s stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $65.51, for a total value of $327,550.00. Following the transaction, the director owned 34,313 shares in the company, valued at approximately $2,247,844.63. This represents a 12.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.76% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities analysts recently commented on BWA shares. UBS Group decreased their target price on shares of BorgWarner from $95.00 to $91.00 and set a “buy” rating on the stock in a research report on Wednesday, October 7th. JPMorgan Chase & Co. raised their price objective on BorgWarner from $75.00 to $85.00 and gave the company an “overweight” rating in a research note on Monday, August 10th. Royal Bank Of Canada initiated coverage on BorgWarner in a research note on Monday, August 31st. They set an “outperform” rating and a $87.00 price objective on the stock. Morgan Stanley lifted their price objective on BorgWarner from $67.00 to $71.00 and gave the stock an “equal weight” rating in a report on Thursday, August 6th. Finally, TD Cowen boosted their target price on BorgWarner from $67.00 to $68.00 and gave the company a “hold” rating in a research note on Thursday, August 6th. Nine investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $78.57.

BorgWarner Profile

BorgWarner Inc is a global automotive supplier that develops and manufactures propulsion, drivetrain, thermal-management and emissions technologies. The company serves automakers and commercial-vehicle manufacturers, supplying components and systems for internal-combustion, hybrid and electric vehicles.

Its product portfolio includes turbochargers, transmission systems, all-wheel-drive and four-wheel-drive technologies, clutches, timing systems, battery systems, power electronics, electric motors, thermal-management products and charging-related technologies.