50,600 Shares in BorgWarner Inc. $BWA Purchased by State of Michigan Retirement System

Key Points

• State of Michigan Retirement System bought a new stake of 50,600 BorgWarner shares in Q4 (≈$2.28M); overall institutional ownership is very high at 95.67%, with UBS notably raising its stake to 2,527,550 shares (+33.2%).
• BorgWarner beat Q4 expectations with $1.35 EPS vs. $1.16 expected and $3.57B revenue, and set FY2026 guidance of 5.00–5.20 EPS (consensus ~5.14 EPS).
• The company declared a quarterly dividend of $0.17 (paid June 15; ex-dividend June 1), equal to a $0.68 annualized payout and a yield of about 1.2%.

State of Michigan Retirement System purchased a new stake in shares of BorgWarner Inc. (NYSE:BWA - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 50,600 shares of the auto parts company's stock, valued at approximately $2,280,000.

A number of other hedge funds also recently added to or reduced their stakes in the business. UBS Group AG lifted its stake in BorgWarner by 33.2% in the fourth quarter. UBS Group AG now owns 2,527,550 shares of the auto parts company's stock worth $113,891,000 after acquiring an additional 630,311 shares during the last quarter. Teachers Retirement System of The State of Kentucky raised its position in BorgWarner by 0.4% in the 4th quarter. Teachers Retirement System of The State of Kentucky now owns 716,959 shares of the auto parts company's stock valued at $32,306,000 after purchasing an additional 2,533 shares during the last quarter. Chicago Partners Investment Group LLC raised its position in BorgWarner by 2.6% during the 4th quarter. Chicago Partners Investment Group LLC now owns 15,175 shares of the auto parts company's stock worth $724,000 after buying an additional 388 shares during the last quarter. HB Wealth Management LLC raised its position in BorgWarner by 2.5% during the 4th quarter. HB Wealth Management LLC now owns 14,933 shares of the auto parts company's stock worth $673,000 after buying an additional 358 shares during the last quarter. Finally, Ruffer LLP grew its stake in shares of BorgWarner by 0.8% during the 4th quarter. Ruffer LLP now owns 91,926 shares of the auto parts company's stock worth $4,149,000 after purchasing an additional 745 shares during the period. 95.67% of the stock is currently owned by institutional investors and hedge funds.

BorgWarner Price Performance

Shares of BorgWarner stock opened at $56.79 on Friday. 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 company's 50-day moving average price is $54.41 and its two-hundred day moving average price is $49.41. BorgWarner Inc. has a 52 week low of $28.70 and a 52 week high of $70.08. The stock has a market cap of $11.70 billion, a PE ratio of 45.43, a price-to-earnings-growth ratio of 1.19 and a beta of 1.00.

BorgWarner (NYSE:BWA - Get Free Report) last issued 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. The firm had revenue of $3.57 billion for the quarter, compared to analysts' expectations of $3.49 billion. BorgWarner had a net margin of 1.93% and a return on equity of 17.89%. BorgWarner's revenue for the quarter was up 3.9% compared to the same quarter last year. During the same period in the previous year, the business earned $1.01 earnings per share. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. As a group, sell-side analysts anticipate that BorgWarner Inc. will post 5.14 EPS for the current fiscal year.

BorgWarner Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be issued a $0.17 dividend. The ex-dividend date is Monday, June 1st. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.2%. BorgWarner's dividend payout ratio is currently 54.40%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. TD Cowen reissued a "hold" rating on shares of BorgWarner in a research note on Thursday, February 12th. Weiss Ratings restated a "hold (c)" rating on shares of BorgWarner in a report on Monday, April 20th. Evercore reissued an "outperform" rating and issued a $75.00 price objective on shares of BorgWarner in a research report on Tuesday, February 17th. Wolfe Research upgraded shares of BorgWarner from a "peer perform" rating to an "outperform" rating and set a $68.00 price target for the company in a research note on Wednesday, March 25th. Finally, Wells Fargo & Company lowered their price objective on shares of BorgWarner to $68.00 and set an "overweight" rating for the company in a research report on Tuesday, March 31st. Seven research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $66.77.

Insider Buying and Selling

In related news, VP Isabelle Mckenzie sold 3,500 shares of the business's stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $63.26, for a total value of $221,410.00. Following the completion of the sale, the vice president owned 68,809 shares of the company's stock, valued at approximately $4,352,857.34. The trade was a 4.84% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Stefan Demmerle sold 2,500 shares of the company's stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $53.03, for a total value of $132,575.00. Following the sale, the vice president directly owned 233,746 shares of the company's stock, valued at $12,395,550.38. The trade was a 1.06% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 78,083 shares of company stock worth $4,638,585 over the last ninety days. 0.76% of the stock is currently owned by corporate insiders.

BorgWarner 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.

Want to see what other hedge funds are holding BWA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BorgWarner Inc. (NYSE:BWA - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.