BorgWarner Inc. (NYSE:BWA) Receives $74.57 Average Target Price from Analysts

Shares of BorgWarner Inc. (NYSE:BWA) have been given a consensus rating of “Moderate Buy” by the fifteen ratings firms that are currently covering the firm, Marketbeat reports. Six analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $74.5714.

Several analysts recently weighed in on the stock. Wells Fargo & Company lifted their price objective on shares of BorgWarner from $68.00 to $83.00 and gave the company an “overweight” rating in a research report on Tuesday, June 2nd. Wall Street Zen upgraded shares of BorgWarner from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. Morgan Stanley raised their price target on shares of BorgWarner from $60.00 to $67.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 27th. Sanford C. Bernstein raised BorgWarner to a “buy” rating in a report on Wednesday, June 10th. Finally, Wolfe Research reiterated an “outperform” rating and set a $95.00 price objective on shares of BorgWarner in a research report on Wednesday, June 3rd.

Insiders Place Their Bets

In related news, CEO Joseph F. Fadool sold 29,000 shares of BorgWarner stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $67.31, for a total transaction of $1,951,990.00. Following the sale, the chief executive officer directly owned 405,964 shares in the company, valued at $27,325,436.84. The trade was a 6.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Isabelle Mckenzie sold 3,500 shares of the company’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $63.35, for a total transaction of $221,725.00. Following the completion of the sale, the vice president directly owned 57,828 shares of the company’s stock, valued at $3,663,403.80. The trade was a 5.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 67,500 shares of company stock worth $4,310,115. 0.76% of the stock is owned by company insiders.

Hedge Funds Weigh In On BorgWarner

Large investors have recently bought and sold shares of the stock. Acadian Asset Management LLC boosted its holdings in shares of BorgWarner by 23.7% in the first quarter. Acadian Asset Management LLC now owns 8,979 shares of the auto parts company’s stock valued at $257,000 after acquiring an additional 1,723 shares in the last quarter. Sivia Capital Partners LLC bought a new stake in BorgWarner during the second quarter worth approximately $339,000. EverSource Wealth Advisors LLC raised its holdings in BorgWarner by 400.5% during the second quarter. EverSource Wealth Advisors LLC now owns 5,531 shares of the auto parts company’s stock worth $185,000 after purchasing an additional 4,426 shares in the last quarter. Marshall Wace LLP acquired a new stake in BorgWarner in the second quarter worth approximately $247,000. Finally, Cerity Partners LLC lifted its position in BorgWarner by 30.2% in the second quarter. Cerity Partners LLC now owns 143,841 shares of the auto parts company’s stock worth $4,816,000 after purchasing an additional 33,362 shares during the period. Institutional investors and hedge funds own 95.67% of the company’s stock.

BorgWarner Price Performance

Shares of NYSE BWA opened at $62.44 on Friday. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.13 and a quick ratio of 1.75. The firm has a market capitalization of $12.81 billion, a PE ratio of 36.95, a P/E/G ratio of 1.33 and a beta of 1.09. BorgWarner has a 1-year low of $34.27 and a 1-year high of $78.82. The business’s fifty day moving average price is $68.07 and its two-hundred day moving average price is $58.44.

BorgWarner (NYSE:BWA) last announced its quarterly earnings results on Wednesday, May 6th. The auto parts company reported $1.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.08. The company had revenue of $3.53 billion during the quarter, compared to the consensus estimate of $3.50 billion. BorgWarner had a net margin of 2.53% and a return on equity of 18.36%. The company’s revenue for the quarter was up .5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.11 earnings per share. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. On average, research analysts expect that BorgWarner will post 5.16 EPS for the current year.

BorgWarner Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Monday, June 1st. BorgWarner’s payout ratio is 40.24%.

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.