JPMorgan Chase & Co. Issues Pessimistic Forecast for BorgWarner (NYSE:BWA) Stock Price

BorgWarner (NYSE:BWA) had its price target cut by equities researchers at JPMorgan Chase & Co. to $73.00 in a report issued on Thursday,Benzinga reports. The brokerage currently has an “overweight” rating on the auto parts company’s stock. JPMorgan Chase & Co.‘s target price points to a potential upside of 29.73% from the stock’s current price.

Several other research firms also recently issued reports on BWA. Barclays upped their price objective on shares of BorgWarner from $55.00 to $70.00 and gave the company an “overweight” rating in a research note on Thursday, February 12th. UBS Group upped their price objective on shares of BorgWarner from $55.00 to $56.00 and gave the company a “neutral” rating in a research note on Tuesday, April 14th. Wells Fargo & Company decreased their price objective on shares of BorgWarner to $68.00 and set an “overweight” rating for the company in a research note on Tuesday, March 31st. Weiss Ratings restated a “hold (c)” rating on shares of BorgWarner in a research note on Monday. Finally, TD Cowen restated a “hold” rating on shares of BorgWarner in a research note on Thursday, February 12th. Seven investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, BorgWarner currently has a consensus rating of “Moderate Buy” and a consensus target price of $66.77.

BorgWarner Stock Performance

NYSE:BWA opened at $56.27 on Thursday. The firm has a market capitalization of $11.59 billion, a PE ratio of 45.02, a price-to-earnings-growth ratio of 1.17 and a beta of 1.04. The business’s fifty day moving average price is $54.94 and its 200 day moving average price is $49.04. 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 has a 12 month low of $28.07 and a 12 month high of $70.08.

BorgWarner (NYSE:BWA) last posted its earnings results on Wednesday, February 11th. The auto parts company reported $1.35 EPS for the quarter, beating the consensus estimate of $1.16 by $0.19. The firm had revenue of $3.57 billion for the quarter, compared to analyst estimates of $3.49 billion. BorgWarner had a return on equity of 17.89% and a net margin of 1.93%.BorgWarner’s revenue for the quarter was up 3.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.01 earnings per share. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. On average, sell-side analysts anticipate that BorgWarner will post 5.14 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, VP Stefan Demmerle sold 2,500 shares of the company’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $53.03, for a total value of $132,575.00. Following the completion of the sale, the vice president directly owned 233,746 shares of the company’s stock, valued at approximately $12,395,550.38. This represents a 1.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Tonit M. Calaway sold 16,000 shares of the company’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $65.08, for a total transaction of $1,041,280.00. Following the completion of the sale, the executive vice president directly owned 240,251 shares of the company’s stock, valued at $15,635,535.08. The trade was a 6.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 78,083 shares of company stock valued at $4,638,585 over the last ninety days. Company insiders own 0.76% of the company’s stock.

Institutional Investors Weigh In On BorgWarner

A number of institutional investors and hedge funds have recently made changes to their positions in BWA. AQR Capital Management LLC raised its holdings in shares of BorgWarner by 119.7% in 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 last quarter. Norges Bank purchased a new stake in shares of BorgWarner in the fourth quarter valued at about $156,794,000. Millennium Management LLC raised its holdings in shares of BorgWarner by 94.5% in the fourth quarter. Millennium Management LLC now owns 2,100,815 shares of the auto parts company’s stock valued at $94,663,000 after buying an additional 1,020,726 shares during the last quarter. Adage Capital Partners GP L.L.C. raised its holdings 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 valued at $37,196,000 after buying an additional 778,000 shares during the last quarter. Finally, SG Americas Securities LLC raised its holdings in shares of BorgWarner by 831.2% in the first quarter. SG Americas Securities LLC now owns 834,699 shares of the auto parts company’s stock valued at $45,291,000 after buying an additional 745,063 shares during the last quarter. 95.67% of the stock is owned by hedge funds and other institutional investors.

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.