Entropy Technologies LP Has $2.41 Million Holdings in BorgWarner Inc. $BWA

Entropy Technologies LP lessened its stake in BorgWarner Inc. (NYSE:BWA) by 20.4% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 44,380 shares of the auto parts company’s stock after selling 11,376 shares during the quarter. Entropy Technologies LP’s holdings in BorgWarner were worth $2,408,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BWA. AQR Capital Management LLC increased its stake in shares of BorgWarner by 119.7% in the 3rd quarter. AQR Capital Management LLC now owns 7,518,776 shares of the auto parts company’s stock valued at $330,525,000 after acquiring an additional 4,095,902 shares during the last quarter. Norges Bank acquired a new stake in shares of BorgWarner in the 4th quarter valued at approximately $156,794,000. Millennium Management LLC boosted its stake in BorgWarner by 94.5% during the 4th quarter. Millennium Management LLC now owns 2,100,815 shares of the auto parts company’s stock worth $94,663,000 after acquiring an additional 1,020,726 shares during the last quarter. SEB Asset Management AB bought a new position in BorgWarner during the 1st quarter worth approximately $50,930,000. Finally, Adage Capital Partners GP L.L.C. grew its holdings in BorgWarner by 233.6% during 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 purchasing an additional 778,000 shares during the period. Institutional investors own 95.67% of the company’s stock.

Insider Transactions at BorgWarner

In related news, VP Isabelle Mckenzie sold 3,500 shares of the stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $63.35, for a total transaction of $221,725.00. Following the completion of the transaction, the vice president directly owned 57,828 shares in the company, valued at approximately $3,663,403.80. This trade represents a 5.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Tania Wingfield sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $63.24, for a total value of $316,200.00. Following the completion of the sale, the executive vice president owned 35,365 shares in the company, valued at $2,236,482.60. The trade was a 12.39% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 67,500 shares of company stock valued at $4,310,115. 0.76% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. JPMorgan Chase & Co. upped their target price on shares of BorgWarner from $73.00 to $75.00 and gave the company an “overweight” rating in a research note on Thursday, May 14th. Weiss Ratings raised shares of BorgWarner from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, June 29th. Barclays boosted their price target on shares of BorgWarner from $75.00 to $83.00 and gave the company an “overweight” rating in a report on Thursday, July 9th. UBS Group upgraded shares of BorgWarner from a “neutral” rating to a “buy” rating and upped their price objective for the company from $61.00 to $95.00 in a research report on Wednesday, June 10th. Finally, Deutsche Bank Aktiengesellschaft set a $81.00 target price on BorgWarner in a report on Tuesday, April 21st. Nine research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, BorgWarner presently has a consensus rating of “Moderate Buy” and a consensus price target of $74.57.

BorgWarner Price Performance

NYSE BWA opened at $64.41 on Monday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.75 and a current ratio of 2.13. The stock has a market cap of $13.21 billion, a price-to-earnings ratio of 38.11, a PEG ratio of 1.38 and a beta of 1.09. The business has a 50 day simple moving average of $67.94 and a 200 day simple moving average of $59.06. BorgWarner Inc. has a 52-week low of $34.27 and a 52-week high of $78.82.

BorgWarner (NYSE:BWA) last announced its quarterly earnings results on Wednesday, May 6th. The auto parts company reported $1.24 earnings per share for the quarter, beating analysts’ consensus estimates of $1.16 by $0.08. The firm had revenue of $3.53 billion for the quarter, compared to analyst estimates of $3.50 billion. BorgWarner had a net margin of 2.53% and a return on equity of 18.36%. The business’s revenue was up .5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.11 earnings per share. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. Analysts anticipate that BorgWarner Inc. will post 5.16 earnings per share for the current fiscal year.

BorgWarner Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were given a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Monday, June 1st. BorgWarner’s payout ratio is currently 40.24%.

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.