BorgWarner Inc. $BWA Shares Purchased by AlphaQuest LLC

Key Points

• AlphaQuest LLC increased its BorgWarner stake by 400.1% in the fourth quarter, ending with 52,067 shares valued at about $2.35 million.
• BorgWarner reported better-than-expected quarterly results, posting $1.24 EPS versus $1.16 expected and revenue of $3.53 billion versus $3.50 billion estimated.
• The stock has risen to around $68.18, near its 52-week high of $70.31, while analysts maintain a Moderate Buy consensus with a target price of $67.64.

AlphaQuest LLC raised its position in shares of BorgWarner Inc. (NYSE:BWA - Free Report) by 400.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 52,067 shares of the auto parts company's stock after purchasing an additional 41,655 shares during the period. AlphaQuest LLC's holdings in BorgWarner were worth $2,346,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of BWA. Root Financial Partners LLC bought a new stake in shares of BorgWarner during the third quarter valued at about $27,000. Sound Income Strategies LLC raised its position in BorgWarner by 9,888.9% in the fourth quarter. Sound Income Strategies LLC now owns 899 shares of the auto parts company's stock worth $42,000 after acquiring an additional 890 shares in the last quarter. Torren Management LLC bought a new stake in BorgWarner in the fourth quarter worth about $48,000. Olistico Wealth LLC bought a new stake in BorgWarner in the fourth quarter worth about $50,000. Finally, Hantz Financial Services Inc. raised its position in BorgWarner by 32.7% in the third quarter. Hantz Financial Services Inc. now owns 1,470 shares of the auto parts company's stock worth $65,000 after acquiring an additional 362 shares in the last quarter. 95.67% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Wolfe Research upgraded shares of BorgWarner from a "peer perform" rating to an "outperform" rating and set a $68.00 price target on the stock in a research report on Wednesday, March 25th. Weiss Ratings reiterated a "hold (c)" rating on shares of BorgWarner in a research report on Monday, April 20th. UBS Group boosted their price target on shares of BorgWarner from $56.00 to $61.00 and gave the stock a "neutral" rating in a research report on Thursday, May 7th. New Street Research set a $66.00 price objective on BorgWarner in a report on Thursday, February 12th. Finally, Morgan Stanley set a $60.00 price objective on BorgWarner in a report on Thursday, February 12th. Seven equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $67.64.

BorgWarner Trading Up 3.6%

Shares of NYSE BWA opened at $68.18 on Wednesday. The stock has a market cap of $13.99 billion, a price-to-earnings ratio of 40.34, a PEG ratio of 1.27 and a beta of 1.00. The business has a 50 day simple moving average of $57.01 and a 200 day simple moving average of $51.73. BorgWarner Inc. has a 52 week low of $31.83 and a 52 week high of $70.31. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.75 and a current ratio of 2.13.

BorgWarner (NYSE:BWA - Get Free Report) last announced its quarterly earnings results 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 business had revenue of $3.53 billion during the quarter, compared to analysts' expectations of $3.50 billion. BorgWarner had a return on equity of 18.36% and a net margin of 2.53%.The firm's quarterly revenue was up .5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.11 EPS. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. On average, research analysts predict that BorgWarner Inc. will post 5.16 earnings per share for the current fiscal year.

BorgWarner Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be paid a $0.17 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $0.68 annualized dividend and a dividend yield of 1.0%. BorgWarner's payout ratio is presently 40.24%.

Insiders Place Their Bets

In related news, VP Isabelle Mckenzie sold 3,500 shares of the business's stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $63.35, for a total value of $221,725.00. Following the completion of the sale, the vice president owned 57,828 shares of the company's stock, valued at approximately $3,663,403.80. The trade was a 5.71% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Tania Wingfield sold 5,000 shares of the company's stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $63.24, for a total value of $316,200.00. Following the sale, the executive vice president directly owned 35,365 shares of the company's stock, valued at $2,236,482.60. The trade was a 12.39% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 96,033 shares of company stock worth $5,792,558 in the last quarter. Corporate insiders own 0.76% of the company's stock.

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.