North Dakota State Investment Board Acquires Shares of 7,718 BorgWarner Inc. $BWA

North Dakota State Investment Board bought a new position in shares of BorgWarner Inc. (NYSE:BWAFree Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 7,718 shares of the auto parts company’s stock, valued at approximately $348,000.

Other hedge funds also recently made changes to their positions in the company. Root Financial Partners LLC acquired a new position in shares of BorgWarner in the 3rd quarter worth approximately $27,000. Sound Income Strategies LLC grew its position in shares of BorgWarner by 9,888.9% in the 4th quarter. Sound Income Strategies LLC now owns 899 shares of the auto parts company’s stock worth $42,000 after acquiring an additional 890 shares in the last quarter. Torren Management LLC acquired a new position in shares of BorgWarner in the 4th quarter worth approximately $48,000. Olistico Wealth LLC acquired a new position in shares of BorgWarner in the 4th quarter worth approximately $50,000. Finally, Hantz Financial Services Inc. lifted its holdings in shares of BorgWarner by 32.7% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,470 shares of the auto parts company’s stock worth $65,000 after purchasing an additional 362 shares during the last quarter. Institutional investors and hedge funds own 95.67% of the company’s stock.

Insider Buying and Selling

In other BorgWarner news, CEO Joseph F. Fadool sold 29,000 shares of the business’s stock in a transaction dated Wednesday, May 13th. The stock was 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 of the company’s stock, valued at $27,325,436.84. The trade was a 6.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Isabelle Mckenzie sold 3,500 shares of the business’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $63.35, for a total value of $221,725.00. Following the completion of the sale, the vice president directly owned 57,828 shares of the company’s stock, valued at $3,663,403.80. This represents a 5.71% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 96,033 shares of company stock valued at $5,792,558. 0.76% of the stock is owned by corporate insiders.

BorgWarner Stock Performance

Shares of BorgWarner stock opened at $65.88 on Friday. The stock has a market cap of $13.51 billion, a PE ratio of 38.98, a price-to-earnings-growth ratio of 1.27 and a beta of 1.00. The business has a fifty day simple moving average of $56.38 and a 200-day simple moving average of $51.36. 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 Inc. has a 12 month low of $31.83 and a 12 month high of $70.31.

BorgWarner (NYSE:BWAGet Free Report) last issued its earnings results on Wednesday, May 6th. The auto parts company reported $1.24 EPS for the quarter, topping the consensus estimate of $1.16 by $0.08. The business 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%.BorgWarner’s revenue was up .5% compared to the same quarter last year. During the same quarter last year, the firm posted $1.11 earnings per share. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. On average, sell-side analysts anticipate that BorgWarner Inc. will post 5.16 EPS for the current fiscal year.

BorgWarner Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be given a $0.17 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.0%. BorgWarner’s payout ratio is currently 40.24%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on BWA shares. Deutsche Bank Aktiengesellschaft set a $81.00 price target on BorgWarner in a report on Tuesday, April 21st. Barclays raised their price target on BorgWarner from $70.00 to $75.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Wall Street Zen downgraded BorgWarner from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 9th. Bank of America initiated coverage on BorgWarner in a research note on Wednesday, March 4th. They set a “neutral” rating on the stock. Finally, Morgan Stanley set a $60.00 target price on BorgWarner in a research note on Thursday, February 12th. Seven equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $67.64.

Read Our Latest Research Report on BWA

About BorgWarner

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for BorgWarner (NYSE:BWA)

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