USA Financial Formulas Sells 13,336 Shares of BorgWarner Inc. $BWA

USA Financial Formulas lowered its stake in BorgWarner Inc. (NYSE:BWA) by 76.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 4,022 shares of the auto parts company’s stock after selling 13,336 shares during the quarter. USA Financial Formulas’ holdings in BorgWarner were worth $181,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. AQR Capital Management LLC grew its holdings in shares of BorgWarner by 119.7% in the third quarter. AQR Capital Management LLC now owns 7,518,776 shares of the auto parts company’s stock worth $330,525,000 after purchasing an additional 4,095,902 shares during the last quarter. Norges Bank bought a new stake in BorgWarner during the 2nd quarter valued at $110,234,000. Adage Capital Partners GP L.L.C. raised its holdings in BorgWarner by 233.6% during the 2nd quarter. Adage Capital Partners GP L.L.C. now owns 1,111,000 shares of the auto parts company’s stock valued at $37,196,000 after buying an additional 778,000 shares during the last quarter. Electron Capital Partners LLC purchased a new stake in BorgWarner during the 3rd quarter valued at $31,820,000. Finally, Balyasny Asset Management L.P. purchased a new stake in BorgWarner during the 2nd quarter valued at $22,590,000. Hedge funds and other institutional investors own 95.67% of the company’s stock.

Insider Buying and Selling

In other BorgWarner news, EVP Tonit M. Calaway sold 16,000 shares of the company’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $65.08, for a total value of $1,041,280.00. Following the sale, the executive vice president owned 240,251 shares in the company, valued at approximately $15,635,535.08. This represents a 6.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Isabelle Mckenzie sold 3,500 shares of the firm’s 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 transaction, the vice president directly owned 68,809 shares of the company’s stock, valued at $4,352,857.34. This represents a 4.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 78,083 shares of company stock worth $4,638,585 over the last 90 days. Corporate insiders own 0.76% of the company’s stock.

BorgWarner Trading Up 0.0%

BWA opened at $54.25 on Monday. The company has a quick ratio of 1.70, a current ratio of 2.07 and a debt-to-equity ratio of 0.69. BorgWarner Inc. has a 52 week low of $24.40 and a 52 week high of $70.08. The stock has a market cap of $11.18 billion, a PE ratio of 43.40, a PEG ratio of 1.10 and a beta of 1.04. The business has a 50 day moving average of $53.86 and a 200-day moving average of $47.67.

BorgWarner (NYSE:BWA) last issued its quarterly 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 for the quarter, compared to analysts’ expectations of $3.49 billion. BorgWarner had a return on equity of 17.89% and a net margin of 1.93%.The firm’s revenue for the quarter was up 3.9% on a year-over-year basis. During the same period in the prior year, the firm earned $1.01 earnings per share. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. Equities research analysts predict that BorgWarner Inc. will post 4.28 earnings per share for the current fiscal year.

BorgWarner Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 2nd were paid a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Monday, March 2nd. BorgWarner’s dividend payout ratio (DPR) is presently 54.40%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Wolfe Research upgraded shares of BorgWarner from a “peer perform” rating to an “outperform” rating and set a $68.00 price objective on the stock in a research report on Wednesday, March 25th. Evercore reiterated an “outperform” rating and set a $75.00 target price on shares of BorgWarner in a report on Tuesday, February 17th. Robert W. Baird set a $76.00 target price on BorgWarner in a research note on Thursday, February 12th. TD Cowen restated a “hold” rating on shares of BorgWarner in a report on Thursday, February 12th. Finally, Morgan Stanley set a $60.00 price target on BorgWarner in a research report on Thursday, February 12th. Eight analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, BorgWarner presently has a consensus rating of “Moderate Buy” and an average target price of $63.77.

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.