American Century Companies Inc. Sells 487,442 Shares of BorgWarner Inc. $BWA

American Century Companies Inc. cut its position in shares of BorgWarner Inc. (NYSE:BWA) by 12.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,287,386 shares of the auto parts company’s stock after selling 487,442 shares during the quarter. American Century Companies Inc. owned about 1.54% of BorgWarner worth $144,514,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Blackston Financial Advisory Group LLC boosted its holdings in BorgWarner by 3.4% in the second quarter. Blackston Financial Advisory Group LLC now owns 7,970 shares of the auto parts company’s stock worth $267,000 after acquiring an additional 265 shares in the last quarter. Fifth Third Wealth Advisors LLC boosted its stake in BorgWarner by 4.1% in the third quarter. Fifth Third Wealth Advisors LLC now owns 6,832 shares of the auto parts company’s stock valued at $300,000 after acquiring an additional 272 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its stake in BorgWarner by 3.4% in the third quarter. Envestnet Portfolio Solutions Inc. now owns 10,937 shares of the auto parts company’s stock valued at $481,000 after acquiring an additional 356 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of BorgWarner by 18.4% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,321 shares of the auto parts company’s stock valued at $102,000 after buying an additional 360 shares during the period. Finally, Hantz Financial Services Inc. increased its stake in shares of BorgWarner by 32.7% in the third 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 in the last quarter. 95.67% of the stock is owned by institutional investors.

Insider Activity at BorgWarner

In related news, EVP Tania Wingfield sold 17,867 shares of the company’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 sale, the executive vice president owned 45,429 shares of the company’s stock, valued at $2,881,561.47. This represents a 28.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Tonit M. Calaway sold 9,725 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $62.61, for a total value of $608,882.25. Following the sale, the executive vice president directly owned 230,526 shares in the company, valued at $14,433,232.86. The trade was a 4.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 49,550 shares of company stock valued at $3,156,141 over the last 90 days. 0.63% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts have recently commented on BWA shares. Weiss Ratings restated a “hold (c)” rating on shares of BorgWarner in a research report on Wednesday, January 21st. New Street Research set a $66.00 target price on shares of BorgWarner in a report on Thursday, February 12th. 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 report on Thursday, February 12th. UBS Group downgraded shares of BorgWarner from a “neutral” rating to a “sell” rating and increased their price target for the stock from $49.00 to $55.00 in a research note on Friday, February 20th. Finally, Evercore reissued an “outperform” rating and set a $75.00 price objective on shares of BorgWarner in a research note on Tuesday, February 17th. Eight equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $59.14.

BorgWarner Trading Down 0.6%

Shares of NYSE:BWA opened at $57.54 on Monday. The company has a current ratio of 2.07, a quick ratio of 1.70 and a debt-to-equity ratio of 0.69. BorgWarner Inc. has a 12-month low of $24.40 and a 12-month high of $70.08. The stock has a 50 day moving average of $51.26 and a 200 day moving average of $46.21. The company has a market cap of $11.91 billion, a PE ratio of 46.03, a price-to-earnings-growth ratio of 1.16 and a beta of 1.04.

BorgWarner (NYSE:BWA) last issued its earnings results on Wednesday, February 11th. The auto parts company reported $1.35 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.19. The company had revenue of $3.57 billion during 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 quarter in the prior year, the firm posted $1.01 EPS. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. As a group, equities research analysts expect that BorgWarner Inc. will post 4.28 EPS for the current year.

BorgWarner Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 2nd will be issued a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Monday, March 2nd. BorgWarner’s payout ratio is 54.40%.

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.