BorgWarner Inc. $BWA Shares Purchased by Citigroup Inc.

Citigroup Inc. grew its stake in shares of BorgWarner Inc. (NYSE:BWA) by 10.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 180,910 shares of the auto parts company’s stock after purchasing an additional 16,764 shares during the quarter. Citigroup Inc. owned approximately 0.08% of BorgWarner worth $7,953,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Vanguard Group Inc. grew its position in shares of BorgWarner by 2.5% in the 3rd quarter. Vanguard Group Inc. now owns 27,578,374 shares of the auto parts company’s stock valued at $1,212,345,000 after buying an additional 667,788 shares during the last quarter. State Street Corp boosted its stake in BorgWarner by 5.3% in the second quarter. State Street Corp now owns 7,633,760 shares of the auto parts company’s stock valued at $255,578,000 after acquiring an additional 380,942 shares in the last quarter. LSV Asset Management grew its holdings in shares of BorgWarner by 4.7% during the third quarter. LSV Asset Management now owns 6,043,654 shares of the auto parts company’s stock worth $265,679,000 after purchasing an additional 272,387 shares during the last quarter. American Century Companies Inc. increased its position in shares of BorgWarner by 1.6% during the second quarter. American Century Companies Inc. now owns 3,774,828 shares of the auto parts company’s stock worth $126,381,000 after purchasing an additional 58,252 shares in the last quarter. Finally, AQR Capital Management LLC lifted its holdings in shares of BorgWarner by 307.1% in the 2nd quarter. AQR Capital Management LLC now owns 3,422,874 shares of the auto parts company’s stock valued at $114,153,000 after purchasing an additional 2,582,105 shares during the last quarter. Hedge funds and other institutional investors own 95.67% of the company’s stock.

BorgWarner Stock Down 0.6%

Shares of BorgWarner stock opened at $57.54 on Monday. BorgWarner Inc. has a one year low of $24.40 and a one year high of $70.08. The company has a market cap of $11.91 billion, a P/E ratio of 46.03, a PEG ratio of 1.16 and a beta of 1.04. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.70 and a current ratio of 2.07. The firm has a fifty day moving average of $51.26 and a two-hundred day moving average of $46.21.

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, beating the consensus estimate of $1.16 by $0.19. The business 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%. The business’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same quarter 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. On average, analysts forecast that BorgWarner Inc. will post 4.28 earnings per share for the current year.

BorgWarner Announces Dividend

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

Analysts Set New Price Targets

BWA has been the topic of a number of research reports. TD Cowen restated a “hold” rating on shares of BorgWarner in a research note on Thursday, February 12th. The Goldman Sachs Group raised their target price on shares of BorgWarner from $54.00 to $78.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Evercore reiterated an “outperform” rating and issued a $75.00 price target on shares of BorgWarner in a research report on Tuesday, February 17th. JPMorgan Chase & Co. increased their price target on shares of BorgWarner from $56.00 to $76.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of BorgWarner in a research note on Wednesday, January 21st. Eight research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $59.14.

Insider Transactions 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 stock was sold at an average price of $63.43, for a total transaction of $1,133,303.81. Following the transaction, 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 sale was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Isabelle Mckenzie sold 3,500 shares of the firm’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $63.26, for a total value of $221,410.00. Following the completion of the sale, the vice president directly owned 68,809 shares of the company’s stock, valued at approximately $4,352,857.34. This trade represents a 4.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 49,550 shares of company stock valued at $3,156,141. Corporate insiders own 0.63% of the company’s stock.

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.