Key Points
- Director Michael Hanley sold 5,000 BorgWarner shares at an average price of $65.51, totaling $327,550 and reducing his stake by 12.72% to 34,313 shares.
- BorgWarner reported quarterly EPS of $1.42, beating estimates by $0.14, while revenue reached $3.65 billion. The company reaffirmed fiscal 2026 EPS guidance of $5.05–$5.30.
- The board authorized a $1 billion share-repurchase program, alongside a quarterly dividend of $0.17 per share. Analysts maintain a “Moderate Buy” consensus with an average price target of $76.67.
BorgWarner Inc. (NYSE:BWA - Get Free Report) Director Michael Hanley sold 5,000 shares of the company's stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $65.51, for a total value of $327,550.00. Following the sale, the director owned 34,313 shares of the company's stock, valued at approximately $2,247,844.63. This trade represents a 12.72% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
BorgWarner Stock Down 0.7%
Shares of BorgWarner stock opened at $63.68 on Wednesday. The stock has a market capitalization of $12.97 billion, a P/E ratio of 31.84, a PEG ratio of 1.15 and a beta of 1.12. The company has a quick ratio of 1.76, a current ratio of 2.13 and a debt-to-equity ratio of 0.67. The stock has a 50 day moving average price of $65.29 and a two-hundred day moving average price of $62.19. BorgWarner Inc. has a 12-month low of $40.50 and a 12-month high of $78.82.
BorgWarner (NYSE:BWA - Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The auto parts company reported $1.42 EPS for the quarter, beating analysts' consensus estimates of $1.28 by $0.14. BorgWarner had a net margin of 2.89% and a return on equity of 19.10%. The company had revenue of $3.65 billion for the quarter, compared to analyst estimates of $3.58 billion. During the same quarter last year, the firm posted $1.21 earnings per share. The company's quarterly revenue was up .3% compared to the same quarter last year. BorgWarner has set its FY 2026 guidance at 5.050-5.300 EPS. Equities analysts expect that BorgWarner Inc. will post 5.2 earnings per share for the current year.
BorgWarner Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be issued a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 1.1%. The ex-dividend date is Tuesday, September 1st. BorgWarner's dividend payout ratio (DPR) is 34.00%.
BorgWarner declared that its Board of Directors has approved a stock repurchase program on Wednesday, August 5th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the auto parts company to buy up to 7.7% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's board of directors believes its stock is undervalued.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the stock. Sivia Capital Partners LLC bought a new stake in shares of BorgWarner in the 2nd quarter worth approximately $339,000. Louisiana State Employees Retirement System bought a new stake in shares of BorgWarner during the first quarter valued at approximately $3,256,000. Securian Asset Management Inc. acquired a new position in shares of BorgWarner in the fourth quarter valued at $702,000. Northwestern Mutual Investment Management Company LLC bought a new position in BorgWarner in the fourth quarter worth $2,157,000. Finally, Bessemer Group Inc. lifted its position in BorgWarner by 5,773.0% in the fourth quarter. Bessemer Group Inc. now owns 201,386 shares of the auto parts company's stock worth $9,074,000 after purchasing an additional 197,957 shares during the period. Institutional investors own 95.67% of the company's stock.
Analyst Ratings Changes
A number of equities research analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft set a $80.00 price target on shares of BorgWarner in a report on Thursday, August 6th. Robert W. Baird set a $79.00 price objective on BorgWarner in a research report on Thursday, August 6th. TD Cowen increased their target price on BorgWarner from $67.00 to $68.00 and gave the company a "hold" rating in a research note on Thursday, August 6th. Royal Bank Of Canada began coverage on BorgWarner in a report on Monday. They issued an "outperform" rating and a $87.00 target price on the stock. Finally, Weiss Ratings raised BorgWarner from a "hold (c)" rating to a "hold (c+)" rating in a research report on Monday, June 29th. Ten investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $76.67.
Read Our Latest Research Report on BorgWarner
About BorgWarner
(
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.
Further Reading
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].
