BorgWarner Inc. $BWA Stock Holdings Cut by Deprince Race & Zollo Inc.

Deprince Race & Zollo Inc. lessened its position in BorgWarner Inc. (NYSE:BWA) by 1.3% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,401,757 shares of the auto parts company’s stock after selling 18,917 shares during the period. BorgWarner makes up 1.2% of Deprince Race & Zollo Inc.’s holdings, making the stock its 16th largest position. Deprince Race & Zollo Inc. owned about 0.65% of BorgWarner worth $61,621,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of BWA. Blackston Financial Advisory Group LLC raised its position in BorgWarner by 3.4% in the second quarter. Blackston Financial Advisory Group LLC now owns 7,970 shares of the auto parts company’s stock worth $267,000 after acquiring an additional 265 shares in the last quarter. Assetmark Inc. grew its stake in shares of BorgWarner by 81.8% in the 2nd quarter. Assetmark Inc. now owns 809 shares of the auto parts company’s stock worth $27,000 after purchasing an additional 364 shares during the last quarter. Tectonic Advisors LLC raised its holdings in shares of BorgWarner by 2.3% in the 2nd quarter. Tectonic Advisors LLC now owns 17,002 shares of the auto parts company’s stock worth $569,000 after purchasing an additional 388 shares in the last quarter. AMG National Trust Bank lifted its stake in BorgWarner by 0.9% during the second quarter. AMG National Trust Bank now owns 50,699 shares of the auto parts company’s stock valued at $1,697,000 after purchasing an additional 453 shares during the last quarter. Finally, MAI Capital Management boosted its holdings in BorgWarner by 6.5% during the second quarter. MAI Capital Management now owns 8,072 shares of the auto parts company’s stock worth $270,000 after buying an additional 490 shares in the last quarter. Institutional investors own 95.67% of the company’s stock.

Insider Buying and Selling at BorgWarner

In related 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 value of $230,000.00. Following the completion of the sale, the vice president owned 204,040 shares of the company’s stock, valued at approximately $9,385,840. The trade was a 2.39% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Isabelle Mckenzie sold 3,200 shares of the stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $44.23, for a total value of $141,536.00. Following the completion of the transaction, the vice president owned 43,555 shares in the company, valued at $1,926,437.65. This represents a 6.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 23,200 shares of company stock valued at $1,054,336. 0.45% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on BWA shares. The Goldman Sachs Group increased their price objective on BorgWarner from $45.00 to $52.00 and gave the company a “buy” rating in a research report on Monday, September 29th. Zacks Research lowered BorgWarner from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 13th. JPMorgan Chase & Co. increased their price target on BorgWarner from $45.00 to $53.00 and gave the company an “overweight” rating in a research report on Monday, October 20th. Wells Fargo & Company dropped their price target on BorgWarner from $54.00 to $52.00 and set an “overweight” rating on the stock in a research note on Tuesday, December 9th. Finally, Bank of America lowered shares of BorgWarner from a “buy” rating to a “neutral” rating and upped their price objective for the company from $41.00 to $46.00 in a research note on Wednesday, September 10th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, BorgWarner currently has a consensus rating of “Moderate Buy” and an average target price of $46.46.

BorgWarner Trading Up 0.4%

Shares of NYSE BWA opened at $45.62 on Friday. The company has a current ratio of 2.05, a quick ratio of 1.69 and a debt-to-equity ratio of 0.63. BorgWarner Inc. has a one year low of $24.40 and a one year high of $46.39. The business has a 50-day moving average price of $43.97 and a two-hundred day moving average price of $40.95. The firm has a market capitalization of $9.76 billion, a PE ratio of 72.41, a PEG ratio of 0.95 and a beta of 1.06.

BorgWarner (NYSE:BWA) last posted its quarterly earnings results on Thursday, October 30th. The auto parts company reported $1.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.16 by $0.08. BorgWarner had a net margin of 0.94% and a return on equity of 16.72%. The business had revenue of $3.59 billion during the quarter, compared to analyst estimates of $3.58 billion. During the same period in the prior year, the firm earned $1.09 earnings per share. The firm’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. As a group, analysts predict that BorgWarner Inc. will post 4.28 earnings per share for the current fiscal year.

BorgWarner Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 1st were issued a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Monday, December 1st. BorgWarner’s payout ratio is currently 107.94%.

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.