BorgWarner Inc. $BWA Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. decreased its position in shares of BorgWarner Inc. (NYSE:BWA) by 43.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 659,646 shares of the auto parts company’s stock after selling 498,302 shares during the quarter. JPMorgan Chase & Co. owned 0.31% of BorgWarner worth $28,998,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in BWA. AQR Capital Management LLC grew its position in BorgWarner by 119.7% during the third quarter. AQR Capital Management LLC now owns 7,518,776 shares of the auto parts company’s stock valued at $330,525,000 after buying an additional 4,095,902 shares during the period. Norges Bank acquired a new position in shares of BorgWarner in the second quarter worth about $110,234,000. Adage Capital Partners GP L.L.C. raised its position in shares of BorgWarner by 233.6% in the second quarter. Adage Capital Partners GP L.L.C. now owns 1,111,000 shares of the auto parts company’s stock worth $37,196,000 after acquiring an additional 778,000 shares during the period. Electron Capital Partners LLC purchased a new stake in shares of BorgWarner during the 3rd quarter worth about $31,820,000. Finally, Balyasny Asset Management L.P. purchased a new stake in shares of BorgWarner during the 2nd quarter worth about $22,590,000. 95.67% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

BWA has been the subject of several recent analyst reports. TD Cowen restated a “hold” rating on shares of BorgWarner in a research note on Thursday, February 12th. New Street Research set a $66.00 price objective on BorgWarner in a report on Thursday, February 12th. Evercore restated an “outperform” rating and issued a $75.00 price objective on shares of BorgWarner in a research report on Tuesday, February 17th. Barclays upped their target price on BorgWarner from $55.00 to $70.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. Finally, Morgan Stanley set a $60.00 price target on shares of BorgWarner in a research note on Thursday, February 12th. Seven analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, BorgWarner has an average rating of “Moderate Buy” and a consensus price target of $63.42.

Insiders Place Their Bets

In other BorgWarner news, EVP Paul Arthur Farrell sold 12,012 shares of the stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $52.31, for a total transaction of $628,347.72. Following the sale, the executive vice president directly owned 38,238 shares in the company, valued at $2,000,229.78. This represents a 23.90% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Tonit M. Calaway sold 16,000 shares of the stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $65.08, for a total value of $1,041,280.00. Following the completion of the sale, the executive vice president directly owned 240,251 shares in the company, valued at $15,635,535.08. This represents a 6.24% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 78,083 shares of company stock valued at $4,638,585. 0.45% of the stock is owned by company insiders.

BorgWarner Price Performance

BWA stock opened at $52.12 on Monday. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.07 and a quick ratio of 1.70. The business has a 50 day simple moving average of $53.19 and a 200-day simple moving average of $47.28. The firm has a market capitalization of $10.79 billion, a PE ratio of 41.70, a price-to-earnings-growth ratio of 1.06 and a beta of 1.04. BorgWarner Inc. has a 1 year low of $24.40 and a 1 year high of $70.08.

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

BorgWarner Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 2nd were given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Monday, March 2nd. BorgWarner’s dividend payout ratio is currently 54.40%.

BorgWarner Company 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.