BorgWarner Inc. (NYSE:BWA) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of BorgWarner Inc. (NYSE:BWA) have been assigned a consensus recommendation of “Moderate Buy” from the fifteen brokerages that are covering the firm, Marketbeat Ratings reports. Seven equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $47.3077.

Several brokerages recently weighed in on BWA. Wells Fargo & Company decreased their target price on BorgWarner from $54.00 to $52.00 and set an “overweight” rating for the company in a research note on Tuesday, December 9th. Piper Sandler restated a “neutral” rating and issued a $51.00 price objective (down previously from $52.00) on shares of BorgWarner in a research note on Thursday, January 8th. Morgan Stanley reaffirmed an “equal weight” rating and set a $49.00 target price (up previously from $42.00) on shares of BorgWarner in a research report on Monday, December 8th. Robert W. Baird set a $55.00 price target on shares of BorgWarner in a report on Wednesday, January 14th. Finally, JPMorgan Chase & Co. raised their price target on shares of BorgWarner from $45.00 to $53.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th.

Insider Activity

In other news, VP Isabelle Mckenzie sold 3,200 shares of the business’s stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $44.23, for a total transaction of $141,536.00. Following the sale, the vice president directly owned 43,555 shares in the company, valued at approximately $1,926,437.65. The trade was a 6.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Stefan Demmerle sold 15,000 shares of the company’s stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $45.52, for a total value of $682,800.00. Following the completion of the transaction, the vice president owned 209,040 shares of the company’s stock, valued at $9,515,500.80. The trade was a 6.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 23,200 shares of company stock worth $1,054,336 over the last 90 days. Corporate insiders own 0.45% of the company’s stock.

Hedge Funds Weigh In On BorgWarner

A number of hedge funds and other institutional investors have recently made changes to their positions in BWA. Caitong International Asset Management Co. Ltd increased its stake in BorgWarner by 1,133.3% in 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 period. Assetmark Inc. boosted its holdings in BorgWarner by 81.8% during the second quarter. Assetmark Inc. now owns 809 shares of the auto parts company’s stock valued at $27,000 after purchasing an additional 364 shares in the last quarter. Addison Advisors LLC grew its stake in shares of 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 period. Root Financial Partners LLC acquired a new position in shares of BorgWarner in the 3rd quarter worth approximately $27,000. Finally, Twin Peaks Wealth Advisors LLC acquired a new stake in BorgWarner in the 2nd quarter valued at $32,000. 95.67% of the stock is owned by institutional investors.

BorgWarner Price Performance

NYSE BWA opened at $47.90 on Friday. BorgWarner has a 1 year low of $24.40 and a 1 year high of $48.93. The company has a fifty day simple moving average of $45.11 and a 200 day simple moving average of $42.68. The company has a current ratio of 2.05, a quick ratio of 1.69 and a debt-to-equity ratio of 0.63. The company has a market cap of $10.25 billion, a P/E ratio of 76.03, a P/E/G ratio of 0.94 and a beta of 1.06.

BorgWarner (NYSE:BWA) last released its earnings results on Thursday, October 30th. The auto parts company reported $1.24 earnings per share 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 firm had revenue of $3.59 billion during the quarter, compared to analyst estimates of $3.58 billion. During the same quarter in the previous year, the business earned $1.09 EPS. The business’s revenue was up 4.1% on a year-over-year basis. BorgWarner has set its FY 2025 guidance at 4.600-4.750 EPS. On average, sell-side analysts predict that BorgWarner will post 4.28 EPS for the current year.

BorgWarner Dividend Announcement

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

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.