Elo Mutual Pension Insurance Co Purchases 29,321 Shares of BorgWarner Inc. $BWA

Elo Mutual Pension Insurance Co increased its position in shares of BorgWarner Inc. (NYSE:BWAFree Report) by 116.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 54,601 shares of the auto parts company’s stock after purchasing an additional 29,321 shares during the quarter. Elo Mutual Pension Insurance Co’s holdings in BorgWarner were worth $2,400,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Assetmark Inc. grew its stake in BorgWarner by 81.8% during the second quarter. Assetmark Inc. now owns 809 shares of the auto parts company’s stock worth $27,000 after buying an additional 364 shares during the last quarter. Addison Advisors LLC increased its holdings in BorgWarner by 1,647.8% during the 2nd quarter. Addison Advisors LLC now owns 804 shares of the auto parts company’s stock valued at $27,000 after purchasing an additional 758 shares in the last quarter. Root Financial Partners LLC bought a new position in BorgWarner in the 3rd quarter valued at $27,000. Twin Peaks Wealth Advisors LLC acquired a new position in BorgWarner in the second quarter worth $32,000. Finally, Hantz Financial Services Inc. grew its holdings in shares of BorgWarner by 111.9% during the second quarter. Hantz Financial Services Inc. now owns 1,108 shares of the auto parts company’s stock worth $37,000 after purchasing an additional 585 shares during the last quarter. 95.67% of the stock is currently owned by institutional investors and hedge funds.

BorgWarner Trading Down 2.4%

Shares of NYSE BWA opened at $52.80 on Thursday. BorgWarner Inc. has a fifty-two week low of $24.40 and a fifty-two week high of $70.08. The firm has a market capitalization of $10.93 billion, a P/E ratio of 42.24, a P/E/G ratio of 1.09 and a beta of 1.04. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.07 and a quick ratio of 1.70. The company’s 50 day simple moving average is $51.80 and its 200 day simple moving average is $46.45.

BorgWarner (NYSE:BWAGet Free Report) last released its earnings results on Wednesday, February 11th. The auto parts company reported $1.35 EPS for the quarter, topping analysts’ consensus estimates of $1.16 by $0.19. The firm had revenue of $3.57 billion during the quarter, compared to analyst estimates 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 business earned $1.01 EPS. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. On average, analysts predict that BorgWarner Inc. will post 4.28 EPS for the current year.

BorgWarner Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be issued a dividend of $0.17 per share. The ex-dividend date is Monday, March 2nd. This represents a $0.68 dividend on an annualized basis and a yield of 1.3%. BorgWarner’s dividend payout ratio (DPR) is 54.40%.

Insider Transactions at BorgWarner

In other news, EVP Tania Wingfield sold 17,867 shares of the company’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $63.43, for a total value of $1,133,303.81. Following the completion of the sale, the executive vice president directly owned 45,429 shares of the company’s stock, valued at $2,881,561.47. This represents a 28.23% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Isabelle Mckenzie sold 3,500 shares of the stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $63.26, for a total transaction of $221,410.00. Following the completion of the sale, the vice president owned 68,809 shares in the company, valued at $4,352,857.34. This represents a 4.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 49,550 shares of company stock worth $3,156,141. 0.45% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on BWA. Robert W. Baird set a $76.00 price target on BorgWarner in a report on Thursday, February 12th. Bank of America began coverage on shares of BorgWarner in a research note on Wednesday. They issued a “neutral” rating for the company. New Street Research set a $66.00 price target on shares of BorgWarner in a research note on Thursday, February 12th. Evercore restated an “outperform” rating and issued a $75.00 price objective on shares of BorgWarner in a research report on Tuesday, February 17th. Finally, UBS Group lowered BorgWarner from a “neutral” rating to a “sell” rating and increased their price objective for the company from $49.00 to $55.00 in a research report on Friday, February 20th. Eight investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, BorgWarner presently has a consensus rating of “Hold” and an average target price of $59.14.

Check Out Our Latest Analysis on BorgWarner

BorgWarner Profile

(Free Report)

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.

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Institutional Ownership by Quarter for BorgWarner (NYSE:BWA)

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