Capital Fund Management S.A. Reduces Stake in BorgWarner Inc. $BWA

Capital Fund Management S.A. decreased its holdings in shares of BorgWarner Inc. (NYSE:BWA) by 36.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 285,590 shares of the auto parts company’s stock after selling 165,048 shares during the quarter. Capital Fund Management S.A. owned approximately 0.13% of BorgWarner worth $9,562,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Caitong International Asset Management Co. Ltd raised its holdings in BorgWarner by 1,133.3% during the second quarter. Caitong International Asset Management Co. Ltd now owns 777 shares of the auto parts company’s stock worth $26,000 after purchasing an additional 714 shares in the last quarter. Addison Advisors LLC raised its stake in BorgWarner by 1,647.8% during the 2nd quarter. Addison Advisors LLC now owns 804 shares of the auto parts company’s stock worth $27,000 after acquiring an additional 758 shares in the last quarter. Assetmark Inc. raised its stake in BorgWarner by 81.8% during the 2nd quarter. Assetmark Inc. now owns 809 shares of the auto parts company’s stock worth $27,000 after acquiring an additional 364 shares in the last quarter. Manchester Capital Management LLC purchased a new stake in BorgWarner in the first quarter valued at $30,000. Finally, Trust Co. of Vermont boosted its stake in BorgWarner by 55,000.0% in the second quarter. Trust Co. of Vermont now owns 1,102 shares of the auto parts company’s stock valued at $37,000 after acquiring an additional 1,100 shares in the last quarter. 95.67% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on BWA shares. Weiss Ratings reissued a “hold (c)” rating on shares of BorgWarner in a report on Wednesday, October 8th. UBS Group boosted their price objective on BorgWarner from $43.00 to $46.00 and gave the company a “neutral” rating in a research note on Monday, October 6th. Zacks Research lowered shares of BorgWarner from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 13th. Bank of America cut shares of BorgWarner from a “buy” rating to a “neutral” rating and lifted their target price for the company from $41.00 to $46.00 in a report on Wednesday, September 10th. Finally, Wells Fargo & Company increased their price target on shares of BorgWarner from $50.00 to $54.00 and gave the stock an “overweight” rating in a research note on Thursday, September 25th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $46.08.

Insider Buying and Selling at BorgWarner

In other BorgWarner news, VP Stefan Demmerle sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $46.00, for a total transaction of $230,000.00. Following the transaction, the vice president owned 204,040 shares in the company, valued at approximately $9,385,840. The trade was a 2.39% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Alexis P. Michas sold 8,772 shares of the firm’s stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $42.31, for a total value of $371,143.32. Following the completion of the sale, the director directly owned 78,903 shares of the company’s stock, valued at $3,338,385.93. This represents a 10.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 31,972 shares of company stock valued at $1,425,479. 0.45% of the stock is owned by corporate insiders.

BorgWarner Price Performance

BorgWarner stock opened at $43.22 on Friday. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.02 and a quick ratio of 1.66. The business has a 50 day simple moving average of $43.53 and a 200-day simple moving average of $39.37. BorgWarner Inc. has a 12 month low of $24.40 and a 12 month high of $46.39. The stock has a market capitalization of $9.25 billion, a PE ratio of 45.98, a price-to-earnings-growth ratio of 1.58 and a beta of 1.06.

BorgWarner (NYSE:BWA) last announced its quarterly earnings data on Thursday, October 30th. The auto parts company reported $1.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.08. BorgWarner had a net margin of 1.50% and a return on equity of 16.17%. The company had revenue of $3.59 billion for the quarter, compared to analysts’ expectations of $3.58 billion. During the same period in the previous year, the company posted $1.09 EPS. BorgWarner’s revenue was up 4.1% compared to the same quarter last year. BorgWarner has set its FY 2025 guidance at 4.600-4.750 EPS. Equities analysts predict that BorgWarner Inc. will post 4.28 earnings per share for the current year.

BorgWarner Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Monday, December 1st will be given a $0.17 dividend. The ex-dividend date is Monday, December 1st. This represents a $0.68 dividend on an annualized basis and a yield of 1.6%. BorgWarner’s dividend payout ratio (DPR) is presently 107.94%.

About BorgWarner

BorgWarner Inc, together with its subsidiaries, provides solutions for combustion, hybrid, and electric vehicles worldwide. It offers turbochargers, eBoosters, eTurbos, timing systems, emissions systems, thermal systems, gasoline ignition technology, smart remote actuators, powertrain sensors, cabin heaters, battery modules and systems, battery heaters, and battery charging.