Flputnam Investment Management Co. Acquires New Holdings in BorgWarner Inc. $BWA

Key Points

• Flputnam Investment Management acquired 24,993 BorgWarner shares worth approximately $1.66 million during the second quarter. Institutional investors and hedge funds now own 95.67% of the company.
• BorgWarner reported quarterly EPS of $1.42, beating estimates of $1.28, 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 $75.93.

Flputnam Investment Management Co. bought a new position in shares of BorgWarner Inc. (NYSE:BWA - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 24,993 shares of the auto parts company's stock, valued at approximately $1,660,000.

Other institutional investors also recently modified their holdings of the company. Global Retirement Partners LLC acquired a new position in BorgWarner in the 2nd quarter worth about $524,000. Bank of New York Mellon Corp acquired a new stake in shares of BorgWarner during the second quarter valued at about $112,292,000. Focus Partners Advisor Solutions LLC bought a new stake in shares of BorgWarner during the second quarter worth about $1,081,000. State of Wyoming acquired a new position in shares of BorgWarner in the second quarter valued at approximately $848,000. Finally, GSA Capital Partners LLP bought a new position in BorgWarner in the 2nd quarter valued at approximately $404,000. 95.67% of the stock is currently owned by institutional investors and hedge funds.

BorgWarner Trading Up 1.9%

Shares of BorgWarner stock opened at $69.98 on Tuesday. The stock has a market capitalization of $14.25 billion, a PE ratio of 34.99, a price-to-earnings-growth ratio of 1.24 and a beta of 1.10. BorgWarner Inc. has a 52 week low of $40.50 and a 52 week high of $78.82. The stock has a 50 day moving average price of $66.90 and a two-hundred day moving average price of $61.14. 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 (NYSE:BWA - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The auto parts company reported $1.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.28 by $0.14. The business had revenue of $3.65 billion during the quarter, compared to the consensus estimate of $3.58 billion. BorgWarner had a net margin of 2.89% and a return on equity of 19.10%. BorgWarner's revenue was up .3% compared to the same quarter last year. During the same quarter last year, the firm posted $1.21 EPS. BorgWarner has set its FY 2026 guidance at 5.050-5.300 EPS. As a group, equities analysts anticipate that BorgWarner Inc. will post 5.19 earnings per share for the current fiscal year.

BorgWarner Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be given a dividend of $0.17 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $0.68 annualized dividend and a dividend yield of 1.0%. BorgWarner's dividend payout ratio (DPR) is currently 34.00%.

BorgWarner announced that its Board of Directors has initiated a stock buyback program on Wednesday, August 5th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the auto parts company to buy up to 7.7% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's leadership believes its stock is undervalued.

Analyst Ratings Changes

Several brokerages 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. Wolfe Research restated an "outperform" rating and issued a $95.00 price target on shares of BorgWarner in a research report on Wednesday, June 3rd. Morgan Stanley upped their price objective on shares of BorgWarner from $67.00 to $71.00 and gave the company an "equal weight" rating in a research note on Thursday, August 6th. Sanford C. Bernstein raised shares of BorgWarner to a "buy" rating in a research note on Wednesday, June 10th. Finally, Barclays boosted their target price on shares of BorgWarner from $83.00 to $85.00 and gave the company an "overweight" rating in a report on Monday, August 10th. Nine investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $75.93.

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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