Citizens Financial Group Inc. RI Makes New Investment in BorgWarner Inc. $BWA

Citizens Financial Group Inc. RI purchased a new stake in BorgWarner Inc. (NYSE:BWA) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 28,964 shares of the auto parts company’s stock, valued at approximately $1,273,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in BorgWarner by 7.8% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 56,411 shares of the auto parts company’s stock worth $1,889,000 after buying an additional 4,078 shares during the period. CWM LLC grew its stake in shares of BorgWarner by 218.3% in the third quarter. CWM LLC now owns 235,861 shares of the auto parts company’s stock valued at $10,368,000 after acquiring an additional 161,755 shares in the last quarter. Pallas Capital Advisors LLC bought a new position in BorgWarner during the second quarter worth about $567,000. Columbia Bank acquired a new stake in BorgWarner in the 2nd quarter worth about $239,000. Finally, Sivia Capital Partners LLC bought a new stake in BorgWarner in the 2nd quarter valued at about $339,000. Institutional investors own 95.67% of the company’s stock.

BorgWarner Price Performance

Shares of BWA stock opened at $48.06 on Thursday. The business has a fifty day simple moving average of $44.84 and a 200 day simple moving average of $42.20. The company has a market cap of $10.28 billion, a P/E ratio of 76.29, a P/E/G ratio of 0.94 and a beta of 1.06. The company has a quick ratio of 1.69, a current ratio of 2.05 and a debt-to-equity ratio of 0.63. BorgWarner Inc. has a twelve month low of $24.40 and a twelve month high of $48.70.

BorgWarner (NYSE:BWA) last released its earnings results on Thursday, October 30th. The auto parts company reported $1.24 earnings per share (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 business’s revenue for the quarter was up 4.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.09 earnings per share. BorgWarner has set its FY 2025 guidance at 4.600-4.750 EPS. On average, sell-side analysts forecast that BorgWarner Inc. will post 4.28 EPS for the current fiscal year.

BorgWarner Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 1st were given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Monday, December 1st. BorgWarner’s dividend payout ratio (DPR) is 107.94%.

Insiders Place Their Bets

In related news, VP Stefan Demmerle sold 5,000 shares of the company’s stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $46.00, for a total value of $230,000.00. Following the sale, the vice president owned 204,040 shares in the company, valued at $9,385,840. This represents a 2.39% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Isabelle Mckenzie sold 3,200 shares of the company’s stock in a transaction 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 sale, 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 SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 23,200 shares of company stock worth $1,054,336. Insiders own 0.45% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently commented on BWA shares. Barclays raised their target price on shares of BorgWarner from $45.00 to $55.00 and gave the stock an “overweight” rating in a report on Friday, October 10th. Evercore ISI lifted their price objective on BorgWarner from $50.00 to $53.00 and gave the company an “outperform” rating in a report on Monday, November 24th. The Goldman Sachs Group upped their target price on BorgWarner from $45.00 to $52.00 and gave the company a “buy” rating in a research report on Monday, September 29th. UBS Group raised their price target on BorgWarner from $46.00 to $49.00 and gave the stock a “neutral” rating in a research report on Wednesday. Finally, Piper Sandler reaffirmed a “neutral” rating and set a $51.00 price objective (down previously from $52.00) on shares of BorgWarner in a research report on Thursday, January 8th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $47.31.

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.