BorgWarner Inc. (NYSE:BWA – Get Free Report) CAO Amy Kulikowski sold 2,900 shares of BorgWarner stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $68.60, for a total transaction of $198,940.00. Following the sale, the chief accounting officer directly owned 9,725 shares of the company’s stock, valued at $667,135. This represents a 22.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
BorgWarner Stock Up 4.5%
BWA opened at $67.74 on Friday. The stock has a market cap of $13.80 billion, a PE ratio of 33.87, a P/E/G ratio of 1.17 and a beta of 1.10. The company has a quick ratio of 1.76, a current ratio of 2.13 and a debt-to-equity ratio of 0.67. BorgWarner Inc. has a 52 week low of $40.50 and a 52 week high of $78.82. The business’s fifty day simple moving average is $66.34 and its 200 day simple moving average is $61.56.
BorgWarner (NYSE:BWA – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The auto parts company reported $1.42 earnings per share (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 firm had revenue of $3.65 billion during the quarter, compared to analyst estimates of $3.58 billion. During the same quarter in the previous year, the company posted $1.21 earnings per share. The company’s revenue was up .3% compared to the same quarter last year. BorgWarner has set its FY 2026 guidance at 5.050-5.300 EPS. As a group, research analysts expect that BorgWarner Inc. will post 5.19 earnings per share for the current fiscal year.
BorgWarner Announces Dividend
BorgWarner announced that its board has authorized a share buyback program on Wednesday, August 5th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the auto parts company to buy up to 7.7% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.
Analysts Set New Price Targets
BWA has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft set a $80.00 price target on shares of BorgWarner in a research report on Thursday, August 6th. Morgan Stanley upped their price objective on shares of BorgWarner from $67.00 to $71.00 and gave the company an “equal weight” rating in a research note on Thursday, August 6th. Weiss Ratings raised shares of BorgWarner from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, June 29th. Robert W. Baird set a $79.00 target price on shares of BorgWarner in a research report on Thursday, August 6th. Finally, Wall Street Zen raised shares of BorgWarner from a “hold” rating to a “buy” rating in a research note on Saturday, June 27th. Nine equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $75.93.
Check Out Our Latest Analysis on BorgWarner
Institutional Trading of BorgWarner
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. AXQ Capital LP bought a new position in shares of BorgWarner in the second quarter worth approximately $271,000. Nykredit A S bought a new stake in BorgWarner during the 2nd quarter valued at $462,000. Cairn Investment Group Inc. purchased a new stake in BorgWarner during the 2nd quarter valued at $7,233,000. Requisite Capital Management LLC purchased a new stake in shares of BorgWarner during the second quarter worth about $221,000. Finally, Proficio Capital Partners LLC purchased a new stake in BorgWarner in the second quarter worth $463,000. Institutional investors own 95.67% of the company’s stock.
About BorgWarner
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.
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