BorgWarner Inc. $BWA Shares Sold by Alliancebernstein L.P.

Alliancebernstein L.P. cut its position in BorgWarner Inc. (NYSE:BWA) by 11.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,787,186 shares of the auto parts company’s stock after selling 473,491 shares during the quarter. Alliancebernstein L.P. owned 1.77% of BorgWarner worth $166,485,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Root Financial Partners LLC acquired a new position in shares of BorgWarner in the third quarter worth about $27,000. Mather Group LLC. acquired a new stake in BorgWarner during the 3rd quarter valued at approximately $41,000. Twin Peaks Wealth Advisors LLC acquired a new stake in BorgWarner during the 2nd quarter valued at approximately $32,000. Quent Capital LLC purchased a new stake in BorgWarner during the 3rd quarter worth approximately $55,000. Finally, Hantz Financial Services Inc. increased its holdings in BorgWarner by 32.7% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,470 shares of the auto parts company’s stock worth $65,000 after purchasing an additional 362 shares during the last quarter. 95.67% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at BorgWarner

In other BorgWarner news, EVP Paul Arthur Farrell sold 12,012 shares of the firm’s stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $52.31, for a total value of $628,347.72. Following the sale, the executive vice president directly owned 38,238 shares in the company, valued at approximately $2,000,229.78. This trade represents a 23.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Tania Wingfield sold 17,867 shares of the business’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $63.43, for a total transaction of $1,133,303.81. Following the transaction, the executive vice president directly owned 45,429 shares of the company’s stock, valued at approximately $2,881,561.47. This trade represents a 28.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 78,083 shares of company stock valued at $4,638,585 over the last three months. 0.63% of the stock is currently owned by company insiders.

BorgWarner Stock Up 2.6%

BWA stock opened at $51.86 on Tuesday. The firm has a market cap of $10.74 billion, a price-to-earnings ratio of 41.49, a PEG ratio of 1.03 and a beta of 1.04. BorgWarner Inc. has a 1-year low of $24.40 and a 1-year high of $70.08. The firm has a fifty day moving average price of $52.82 and a two-hundred day moving average price of $47.01. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.07 and a quick ratio of 1.70.

BorgWarner (NYSE:BWA) last posted its quarterly earnings results on Wednesday, February 11th. The auto parts company reported $1.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.16 by $0.19. BorgWarner had a net margin of 1.93% and a return on equity of 17.89%. The company had revenue of $3.57 billion for the quarter, compared to the consensus estimate of $3.49 billion. During the same period last year, the firm posted $1.01 EPS. The company’s revenue for the quarter was up 3.9% on a year-over-year basis. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. Research analysts predict that BorgWarner Inc. will post 4.28 EPS for the current year.

BorgWarner Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 2nd were paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Monday, March 2nd. BorgWarner’s dividend payout ratio is presently 54.40%.

Analysts Set New Price Targets

BWA has been the subject of a number of recent analyst reports. The Goldman Sachs Group raised their price target on shares of BorgWarner from $54.00 to $78.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Piper Sandler reiterated a “neutral” rating and set a $51.00 price objective (down from $52.00) on shares of BorgWarner in a research note on Thursday, January 8th. Wells Fargo & Company raised their price objective on shares of BorgWarner from $52.00 to $75.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. Evercore reissued an “outperform” rating and issued a $75.00 target price on shares of BorgWarner in a research report on Tuesday, February 17th. Finally, Bank of America began coverage on shares of BorgWarner in a research note on Wednesday, March 4th. They issued a “neutral” rating on the stock. Eight investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $61.31.

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.