Gabelli Funds LLC Has $14.79 Million Stock Position in BorgWarner Inc. $BWA

Gabelli Funds LLC decreased its position in BorgWarner Inc. (NYSE:BWA) by 3.2% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 272,500 shares of the auto parts company’s stock after selling 9,000 shares during the quarter. Gabelli Funds LLC owned about 0.13% of BorgWarner worth $14,786,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Prosperity Bancshares Inc acquired a new position in shares of BorgWarner during the 4th quarter valued at about $37,000. Sound Income Strategies LLC boosted its position in shares of BorgWarner by 9,888.9% in the fourth quarter. Sound Income Strategies LLC now owns 899 shares of the auto parts company’s stock valued at $42,000 after acquiring an additional 890 shares during the period. Cedar Mountain Advisors LLC acquired a new stake in shares of BorgWarner in the first quarter worth $55,000. Torren Management LLC bought a new position in BorgWarner during the fourth quarter worth $48,000. Finally, Root Financial Partners LLC increased its position in BorgWarner by 111.0% during the first quarter. Root Financial Partners LLC now owns 1,557 shares of the auto parts company’s stock worth $84,000 after acquiring an additional 819 shares during the period. 95.67% of the stock is currently owned by institutional investors.

Insider Buying and Selling at BorgWarner

In other BorgWarner news, CEO Joseph F. Fadool sold 29,000 shares of the firm’s stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $67.31, for a total transaction of $1,951,990.00. Following the completion of the transaction, the chief executive officer owned 405,964 shares in the company, valued at $27,325,436.84. This trade represents a 6.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Stefan Demmerle sold 20,000 shares of BorgWarner stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $59.26, for a total value of $1,185,200.00. Following the sale, the vice president directly owned 213,746 shares in the company, valued at $12,666,587.96. The trade was a 8.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 67,500 shares of company stock worth $4,310,115. 0.76% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

BWA has been the subject of a number of research reports. Wells Fargo & Company increased their price target on shares of BorgWarner from $68.00 to $83.00 and gave the company an “overweight” rating in a report on Tuesday, June 2nd. Deutsche Bank Aktiengesellschaft set a $81.00 price objective on shares of BorgWarner in a report on Tuesday, April 21st. UBS Group upgraded shares of BorgWarner from a “neutral” rating to a “buy” rating and increased their target price for the company from $61.00 to $95.00 in a research note on Wednesday, June 10th. Morgan Stanley lifted their target price on BorgWarner from $60.00 to $67.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 27th. Finally, Weiss Ratings upgraded BorgWarner from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, June 29th. Nine research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, BorgWarner currently has a consensus rating of “Moderate Buy” and a consensus price target of $74.57.

BorgWarner Stock Up 0.0%

BWA opened at $64.41 on Monday. The company has a market capitalization of $13.21 billion, a P/E ratio of 38.11, a P/E/G ratio of 1.38 and a beta of 1.09. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.13 and a quick ratio of 1.75. The firm’s fifty day moving average price is $67.94 and its two-hundred day moving average price is $59.06. BorgWarner Inc. has a fifty-two week low of $34.27 and a fifty-two week high of $78.82.

BorgWarner (NYSE:BWA) last announced its quarterly earnings data on Wednesday, May 6th. The auto parts company reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.16 by $0.08. The company had revenue of $3.53 billion during the quarter, compared to analysts’ expectations 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 prior year, the company posted $1.11 EPS. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. On average, analysts anticipate that BorgWarner Inc. will post 5.16 EPS for the current year.

BorgWarner Dividend Announcement

The firm also recently declared 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 dividend payout ratio is 40.24%.

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.