Bank of America Begins Coverage on BorgWarner (NYSE:BWA)

Analysts at Bank of America started coverage on shares of BorgWarner (NYSE:BWA) in a research note issued to investors on Wednesday. The brokerage set a “neutral” rating on the auto parts company’s stock.

Several other equities research analysts have also issued reports on BWA. Evercore reissued an “outperform” rating and issued a $75.00 price target on shares of BorgWarner in a report on Tuesday, February 17th. UBS Group cut shares of BorgWarner from a “neutral” rating to a “sell” rating and upped their target price for the company from $49.00 to $55.00 in a research note on Friday, February 20th. Barclays increased their price target on shares of BorgWarner from $55.00 to $70.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Piper Sandler reaffirmed a “neutral” rating and set a $51.00 price objective (down from $52.00) on shares of BorgWarner in a report on Thursday, January 8th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of BorgWarner in a research note on Wednesday, January 21st. Eight investment 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’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $59.14.

BorgWarner Stock Down 0.1%

BWA stock opened at $52.73 on Wednesday. BorgWarner has a twelve month low of $24.40 and a twelve month high of $70.08. The company has a quick ratio of 1.70, a current ratio of 2.07 and a debt-to-equity ratio of 0.69. The company has a market cap of $10.92 billion, a PE ratio of 42.18, a price-to-earnings-growth ratio of 1.06 and a beta of 1.04. The business’s 50-day simple moving average is $51.94 and its 200 day simple moving average is $46.49.

BorgWarner (NYSE:BWA) last posted its quarterly earnings results on Wednesday, February 11th. The auto parts company reported $1.35 EPS for the quarter, beating the consensus estimate of $1.16 by $0.19. BorgWarner had a return on equity of 17.89% and a net margin of 1.93%.The firm had revenue of $3.57 billion during the quarter, compared to analysts’ expectations of $3.49 billion. During the same quarter in the prior year, the firm posted $1.01 EPS. The company’s revenue for the quarter was up 3.9% on a year-over-year basis. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. On average, research analysts anticipate that BorgWarner will post 4.28 earnings per share for the current year.

Insider Transactions at BorgWarner

In other news, EVP Tania Wingfield sold 17,867 shares of BorgWarner stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $63.43, for a total value of $1,133,303.81. Following the completion of the transaction, the executive vice president owned 45,429 shares in the company, valued at approximately $2,881,561.47. The trade was a 28.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Tonit M. Calaway sold 9,725 shares of the 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 owned 230,526 shares in the company, valued at approximately $14,433,232.86. This trade represents a 4.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 49,550 shares of company stock valued at $3,156,141. Corporate insiders own 0.45% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Dean Capital Management increased its position in BorgWarner by 3.2% in the 4th quarter. Dean Capital Management now owns 61,846 shares of the auto parts company’s stock valued at $2,787,000 after acquiring an additional 1,915 shares in the last quarter. Compound Planning Inc. grew its stake in shares of BorgWarner by 12.2% during the fourth quarter. Compound Planning Inc. now owns 8,627 shares of the auto parts company’s stock valued at $389,000 after purchasing an additional 937 shares during the last quarter. Corient Private Wealth LLC increased its holdings in shares of BorgWarner by 10.7% in the fourth quarter. Corient Private Wealth LLC now owns 22,128 shares of the auto parts company’s stock valued at $997,000 after purchasing an additional 2,143 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its position in BorgWarner by 0.6% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 117,587 shares of the auto parts company’s stock worth $5,298,000 after purchasing an additional 693 shares during the last quarter. Finally, Beacon Pointe Advisors LLC lifted its holdings in BorgWarner by 26.1% during the 4th quarter. Beacon Pointe Advisors LLC now owns 6,444 shares of the auto parts company’s stock worth $290,000 after buying an additional 1,333 shares in the last quarter. Institutional investors and hedge funds own 95.67% of the company’s stock.

BorgWarner Company 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.