California State Teachers Retirement System Has $13.54 Million Position in BorgWarner Inc. $BWA

California State Teachers Retirement System boosted its stake in shares of BorgWarner Inc. (NYSE:BWA - Free Report) by 22.1% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 249,452 shares of the auto parts company's stock after acquiring an additional 45,107 shares during the quarter. California State Teachers Retirement System owned approximately 0.12% of BorgWarner worth $13,535,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of BWA. Prosperity Bancshares Inc acquired a new stake in BorgWarner in the fourth quarter worth about $37,000. Sound Income Strategies LLC boosted its stake in BorgWarner by 9,888.9% during the 4th 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 during the last quarter. Torren Management LLC acquired a new position in BorgWarner during the fourth quarter valued at approximately $48,000. Cedar Mountain Advisors LLC acquired a new position in shares of BorgWarner in the 1st quarter valued at $55,000. Finally, UMB Bank n.a. increased its holdings in shares of BorgWarner by 28.1% in the fourth quarter. UMB Bank n.a. now owns 1,709 shares of the auto parts company's stock worth $77,000 after acquiring an additional 375 shares in the last quarter. Institutional investors own 95.67% of the company's stock.

BorgWarner Stock Performance

Shares of BWA stock opened at $63.84 on Monday. The business's 50 day simple moving average is $67.98 and its 200 day simple moving average is $59.62. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.13 and a quick ratio of 1.75. BorgWarner Inc. has a one year low of $35.04 and a one year high of $78.82. The stock has a market capitalization of $13.10 billion, a PE ratio of 37.78, a PEG ratio of 1.36 and a beta of 1.10.

BorgWarner (NYSE:BWA - Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The auto parts company reported $1.24 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.08. The firm had revenue of $3.53 billion during the quarter, compared to analyst estimates of $3.50 billion. BorgWarner had a return on equity of 18.36% and a net margin of 2.53%.The business's quarterly revenue was up .5% on a year-over-year basis. During the same period last year, the company posted $1.11 EPS. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. As a group, research analysts forecast that BorgWarner Inc. will post 5.16 earnings per share for the current year.

BorgWarner Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Tuesday, September 1st. BorgWarner's dividend payout ratio (DPR) is currently 40.24%.

Analysts Set New Price Targets

A number of brokerages have recently commented on BWA. Weiss Ratings upgraded BorgWarner from a "hold (c)" rating to a "hold (c+)" rating in a report on Monday, June 29th. Deutsche Bank Aktiengesellschaft set a $81.00 price target on shares of BorgWarner in a research note on Tuesday, April 21st. Wells Fargo & Company increased their price objective on BorgWarner from $68.00 to $83.00 and gave the company an "overweight" rating in a report on Tuesday, June 2nd. Barclays upped their price objective on BorgWarner from $75.00 to $83.00 and gave the company an "overweight" rating in a research note on Thursday, July 9th. Finally, Morgan Stanley upped their target price on BorgWarner from $60.00 to $67.00 and gave the company an "equal weight" rating in a research report on Wednesday, May 27th. Nine research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $74.57.

Insider Buying and Selling

In other news, VP Stefan Demmerle sold 20,000 shares of the company's stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $59.26, for a total value of $1,185,200.00. Following the completion of the transaction, the vice president directly owned 213,746 shares of the company's stock, valued at $12,666,587.96. This represents a 8.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Isabelle Mckenzie sold 3,500 shares of the company's stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $63.35, for a total value of $221,725.00. Following the completion of the transaction, the vice president owned 57,828 shares of the company's stock, valued at $3,663,403.80. This trade represents a 5.71% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 67,500 shares of company stock worth $4,310,115 over the last 90 days. Company 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.

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