Algert Global LLC Acquires 139,184 Shares of BorgWarner Inc. $BWA

Algert Global LLC increased its holdings in BorgWarner Inc. (NYSE:BWA) by 43.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 461,342 shares of the auto parts company’s stock after purchasing an additional 139,184 shares during the period. Algert Global LLC owned 0.22% of BorgWarner worth $20,281,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Fifth Third Wealth Advisors LLC raised its position in shares of BorgWarner by 4.1% during 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 buying an additional 272 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in BorgWarner by 3.4% during 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 in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in BorgWarner by 18.4% during 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 acquiring an additional 360 shares in the last quarter. Hantz Financial Services Inc. increased its holdings in BorgWarner by 32.7% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,470 shares of the auto parts company’s stock valued at $65,000 after acquiring an additional 362 shares during the last quarter. Finally, MAI Capital Management increased its holdings in BorgWarner by 6.5% in the 2nd quarter. MAI Capital Management now owns 8,072 shares of the auto parts company’s stock valued at $270,000 after acquiring an additional 490 shares during the last quarter. 95.67% of the stock is currently owned by institutional investors.

BorgWarner Stock Down 3.8%

Shares of NYSE BWA opened at $50.52 on Friday. The firm’s 50-day moving average price is $52.73 and its 200-day moving average price is $46.93. The company has a current ratio of 2.07, a quick ratio of 1.70 and a debt-to-equity ratio of 0.69. The stock has a market capitalization of $10.46 billion, a price-to-earnings ratio of 40.41, a P/E/G ratio of 1.03 and a beta of 1.04. BorgWarner Inc. has a 12-month low of $24.40 and a 12-month high of $70.08.

BorgWarner (NYSE:BWA) last released its quarterly earnings results on Wednesday, February 11th. The auto parts company reported $1.35 EPS for the quarter, topping 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 company had revenue of $3.57 billion during the quarter, compared to analyst estimates of $3.49 billion. During the same quarter last year, the business posted $1.01 earnings per share. The firm’s revenue 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, equities research analysts anticipate that BorgWarner Inc. will post 4.28 EPS for the current fiscal year.

BorgWarner Announces Dividend

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

Insider Activity at BorgWarner

In related news, EVP Tonit M. Calaway sold 14,021 shares of the firm’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $51.46, for a total value of $721,520.66. Following the completion of the sale, the executive vice president directly owned 204,913 shares in the company, valued at $10,544,822.98. This trade represents a 6.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Tania Wingfield sold 17,867 shares of BorgWarner 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 directly owned 45,429 shares of the company’s stock, valued at $2,881,561.47. The trade was a 28.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 78,083 shares of company stock worth $4,638,585 in the last ninety days. Corporate insiders own 0.45% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on BWA. Barclays increased their price objective on shares of BorgWarner from $55.00 to $70.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. UBS Group upgraded BorgWarner from a “sell” rating to a “neutral” rating and set a $55.00 target price on the stock in a research report on Friday, March 6th. New Street Research set a $66.00 price target on BorgWarner in a research note on Thursday, February 12th. Morgan Stanley set a $60.00 price target on BorgWarner in a report on Thursday, February 12th. Finally, Robert W. Baird set a $76.00 price objective on BorgWarner in a research note on Thursday, February 12th. Eight equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $61.31.

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.