Deutsche Bank AG Buys New Position in BorgWarner Inc. $BWA

Key Points

• Deutsche Bank acquired 142,559 BorgWarner shares worth approximately $9.5 million, while institutional investors collectively own 95.67% of the company.
• Analysts remain broadly positive, with nine Buy ratings and six Holds, producing a “Moderate Buy” consensus and an average price target of $75.93.
• BorgWarner exceeded quarterly earnings expectations and approved a $1 billion share-repurchase program, alongside a quarterly dividend of $0.17 per share.

Deutsche Bank AG purchased a new position in shares of BorgWarner Inc. (NYSE:BWA - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 142,559 shares of the auto parts company's stock, valued at approximately $9,466,000. Deutsche Bank AG owned about 0.07% of BorgWarner as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Clearstead Trust LLC acquired a new position in shares of BorgWarner in the 2nd quarter valued at $28,000. Prosperity Bancshares Inc purchased a new stake in BorgWarner in the 4th quarter valued at $37,000. Grove Bank & Trust boosted its stake in BorgWarner by 4,304.3% during the 2nd quarter. Grove Bank & Trust now owns 1,013 shares of the auto parts company's stock worth $67,000 after purchasing an additional 990 shares during the period. Cedar Mountain Advisors LLC acquired a new stake in BorgWarner during the 1st quarter worth $55,000. Finally, Torren Management LLC purchased a new position in BorgWarner during the 4th quarter worth $48,000. Institutional investors and hedge funds own 95.67% of the company's stock.

Analyst Ratings Changes

BWA has been the topic of a number of recent research reports. JPMorgan Chase & Co. lifted their price objective on shares of BorgWarner from $75.00 to $85.00 and gave the company an "overweight" rating in a research note on Monday, August 10th. Barclays increased their target price on shares of BorgWarner from $83.00 to $85.00 and gave the stock an "overweight" rating in a research note on Monday, August 10th. Wells Fargo & Company boosted their price target on BorgWarner from $68.00 to $83.00 and gave the company an "overweight" rating in a research report on Tuesday, June 2nd. Wolfe Research reaffirmed an "outperform" rating and set a $95.00 price objective on shares of BorgWarner in a research note on Wednesday, June 3rd. Finally, The Goldman Sachs Group reaffirmed a "buy" rating and set a $84.00 price objective on shares of BorgWarner in a research note on Thursday, June 11th. Nine equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $75.93.

Insider Buying and Selling

In other BorgWarner news, Director Rajesh Kalathur bought 7,407 shares of the company's stock in a transaction on Wednesday, August 19th. The shares were bought at an average price of $67.59 per share, for a total transaction of $500,639.13. Following the transaction, the director owned 7,407 shares of the company's stock, valued at approximately $500,639.13. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Amy B. Kulikowski sold 2,900 shares of the stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $68.60, for a total value of $198,940.00. Following the transaction, the chief accounting officer directly owned 9,725 shares of the company's stock, valued at approximately $667,135. This trade represents a 22.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.76% of the stock is currently owned by insiders.

BorgWarner Stock Performance

Shares of BWA opened at $67.74 on Monday. The stock has a market capitalization of $13.80 billion, a P/E ratio of 33.87, a P/E/G ratio of 1.22 and a beta of 1.10. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.76 and a current ratio of 2.13. BorgWarner Inc. has a 1 year low of $40.50 and a 1 year high of $78.82. The company's fifty day moving average is $66.34 and its two-hundred day moving average is $61.66.

BorgWarner (NYSE:BWA - Get Free Report) last released its earnings results on Wednesday, August 5th. The auto parts company reported $1.42 EPS for the quarter, topping the consensus estimate of $1.28 by $0.14. The company had revenue of $3.65 billion during the quarter, compared to analysts' expectations of $3.58 billion. BorgWarner had a net margin of 2.89% and a return on equity of 19.10%. The business's revenue was up .3% on a year-over-year basis. During the same quarter last year, the business earned $1.21 EPS. BorgWarner has set its FY 2026 guidance at 5.050-5.300 EPS. On average, sell-side analysts predict that BorgWarner Inc. will post 5.19 earnings per share for the current year.

BorgWarner Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be given a $0.17 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $0.68 dividend on an annualized basis and a yield of 1.0%. BorgWarner's dividend payout ratio (DPR) is presently 34.00%.

BorgWarner announced that its Board of Directors has approved a stock repurchase program on Wednesday, August 5th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the auto parts company to purchase up to 7.7% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board believes its shares are undervalued.

BorgWarner Company 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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