Key Points
- BorgWarner VP Stefan Demmerle sold shares multiple times in May, including 20,000 shares for $1.19 million on May 8 and another 5,000 shares on May 11. After the sale, he still owned 213,746 shares, and the transactions reduced his stake by 8.56%.
- The company beat earnings expectations in its latest quarterly report, posting $1.24 EPS versus the $1.16 consensus and revenue of $3.53 billion versus $3.50 billion expected. BorgWarner also reaffirmed strong forward expectations with FY 2026 EPS guidance of 5.00 to 5.20.
- BorgWarner announced a quarterly dividend of $0.17 per share, payable June 15 to shareholders of record on June 1. That works out to an annualized yield of about 1.1%.
BorgWarner Inc. (NYSE:BWA - Get Free Report) VP Stefan Demmerle sold 5,000 shares of the stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $62.00, for a total value of $310,000.00. Following the completion of the sale, the vice president directly owned 208,746 shares of the company's stock, valued at approximately $12,942,252. The trade was a 2.34% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Stefan Demmerle also recently made the following trade(s):
- On Friday, May 8th, Stefan Demmerle sold 20,000 shares of BorgWarner stock. The shares were sold at an average price of $59.26, for a total value of $1,185,200.00.
- On Tuesday, March 10th, Stefan Demmerle sold 2,500 shares of BorgWarner stock. The shares were sold at an average price of $53.03, for a total value of $132,575.00.
BorgWarner Trading Up 1.1%
NYSE BWA opened at $63.83 on Wednesday. The company has a market cap of $13.09 billion, a PE ratio of 37.77, a PEG ratio of 1.30 and a beta of 1.00. The company has a current ratio of 2.13, a quick ratio of 1.75 and a debt-to-equity ratio of 0.69. BorgWarner Inc. has a 12 month low of $31.83 and a 12 month high of $70.08. The stock has a 50 day moving average of $54.66 and a 200-day moving average of $50.26.
BorgWarner (NYSE:BWA - Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The auto parts company reported $1.24 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 return on equity of 18.36% and a net margin of 2.53%.The firm's revenue for the quarter was up .5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.11 EPS. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. On average, equities research analysts anticipate that BorgWarner Inc. will post 5.13 EPS for the current fiscal year.
BorgWarner Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be issued a dividend of $0.17 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $0.68 annualized dividend and a yield of 1.1%. BorgWarner's dividend payout ratio (DPR) is currently 40.24%.
Institutional Investors Weigh In On BorgWarner
A number of hedge funds and other institutional investors have recently modified their holdings of the company. PNC Financial Services Group Inc. lifted its holdings in shares of BorgWarner by 1.5% during the first quarter. PNC Financial Services Group Inc. now owns 51,419 shares of the auto parts company's stock worth $2,790,000 after buying an additional 768 shares in the last quarter. Convergence Investment Partners LLC lifted its holdings in shares of BorgWarner by 20.5% during the first quarter. Convergence Investment Partners LLC now owns 28,345 shares of the auto parts company's stock worth $1,538,000 after buying an additional 4,813 shares in the last quarter. Meeder Asset Management Inc. lifted its holdings in shares of BorgWarner by 24.3% during the first quarter. Meeder Asset Management Inc. now owns 31,561 shares of the auto parts company's stock worth $1,712,000 after buying an additional 6,174 shares in the last quarter. SEB Asset Management AB acquired a new stake in shares of BorgWarner during the first quarter worth $50,930,000. Finally, California Public Employees Retirement System lifted its holdings in shares of BorgWarner by 12.4% during the first quarter. California Public Employees Retirement System now owns 532,927 shares of the auto parts company's stock worth $28,917,000 after buying an additional 58,960 shares in the last quarter. Institutional investors and hedge funds own 95.67% of the company's stock.
Wall Street Analyst Weigh In
BWA has been the subject of several research reports. Weiss Ratings reaffirmed a "hold (c)" rating on shares of BorgWarner in a report on Monday, April 20th. Wolfe Research raised BorgWarner from a "peer perform" rating to an "outperform" rating and set a $68.00 price target for the company in a report on Wednesday, March 25th. Morgan Stanley set a $60.00 price target on BorgWarner in a report on Thursday, February 12th. UBS Group raised their price target on BorgWarner from $56.00 to $61.00 and gave the company a "neutral" rating in a report on Thursday, May 7th. Finally, TD Cowen raised their price target on BorgWarner from $66.00 to $67.00 and gave the company a "hold" rating in a report on Thursday, May 7th. Seven analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $67.50.
View Our Latest Research Report on BWA
BorgWarner Company Profile
(
Get 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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
