Cwm LLC Grows Stake in BorgWarner Inc. $BWA

Cwm LLC increased its stake in shares of BorgWarner Inc. (NYSE:BWA) by 218.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 235,861 shares of the auto parts company’s stock after purchasing an additional 161,755 shares during the period. Cwm LLC owned 0.11% of BorgWarner worth $10,368,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd raised its holdings in shares of 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 valued at $26,000 after acquiring an additional 714 shares during the last quarter. Assetmark Inc. increased its position in shares of BorgWarner by 81.8% during the second quarter. Assetmark Inc. now owns 809 shares of the auto parts company’s stock worth $27,000 after purchasing an additional 364 shares in the last quarter. Addison Advisors LLC raised its stake in BorgWarner by 1,647.8% in the 2nd quarter. Addison Advisors LLC now owns 804 shares of the auto parts company’s stock valued at $27,000 after purchasing an additional 758 shares during the last quarter. Twin Peaks Wealth Advisors LLC purchased a new position in BorgWarner in the 2nd quarter valued at $32,000. Finally, Trust Co. of Vermont lifted its holdings in BorgWarner by 55,000.0% in the 2nd quarter. Trust Co. of Vermont now owns 1,102 shares of the auto parts company’s stock valued at $37,000 after purchasing an additional 1,100 shares in the last quarter. 95.67% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Wells Fargo & Company reduced their target price on shares of BorgWarner from $54.00 to $52.00 and set an “overweight” rating for the company in a research report on Tuesday, December 9th. Robert W. Baird set a $54.00 price objective on shares of BorgWarner in a report on Friday, October 31st. The Goldman Sachs Group boosted their target price on BorgWarner from $45.00 to $52.00 and gave the stock a “buy” rating in a 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. Finally, Bank of America downgraded BorgWarner from a “buy” rating to a “neutral” rating and lifted their price objective for the stock from $41.00 to $46.00 in a research report on Wednesday, September 10th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $46.46.

Insider Activity

In other news, VP Stefan Demmerle sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $46.00, for a total value of $230,000.00. Following the completion of the transaction, the vice president owned 204,040 shares of the company’s stock, valued at approximately $9,385,840. This trade represents a 2.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Isabelle Mckenzie sold 3,200 shares of BorgWarner stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $44.23, for a total transaction of $141,536.00. Following the completion of the transaction, the vice president owned 43,555 shares of the company’s stock, valued at $1,926,437.65. This trade represents a 6.84% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 23,200 shares of company stock worth $1,054,336 in the last three months. Corporate insiders own 0.63% of the company’s stock.

BorgWarner Stock Up 0.4%

Shares of NYSE BWA opened at $45.62 on Monday. The company has a 50 day simple moving average of $43.97 and a 200-day simple moving average of $41.00. The company has a market capitalization of $9.76 billion, a P/E ratio of 72.41, a P/E/G ratio of 0.95 and a beta of 1.06. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.05 and a quick ratio of 1.69. BorgWarner Inc. has a 1 year low of $24.40 and a 1 year high of $46.39.

BorgWarner (NYSE:BWA) last released its quarterly earnings data on Thursday, October 30th. The auto parts company reported $1.24 EPS for the quarter, beating analysts’ consensus estimates of $1.16 by $0.08. The firm had revenue of $3.59 billion for the quarter, compared to analysts’ expectations of $3.58 billion. BorgWarner had a return on equity of 16.72% and a net margin of 0.94%.The firm’s quarterly revenue was up 4.1% on a year-over-year basis. During the same period in the prior year, the firm posted $1.09 earnings per share. BorgWarner has set its FY 2025 guidance at 4.600-4.750 EPS. On average, equities research analysts predict that BorgWarner Inc. will post 4.28 earnings per share for the current year.

BorgWarner Dividend Announcement

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