Foster & Motley Inc. Invests $2.08 Million in BorgWarner Inc. $BWA

Key Points

• Foster & Motley acquired 31,272 BorgWarner shares worth approximately $2.08 million in the second quarter. Institutional investors collectively own 95.67% of the company.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $75.93. BorgWarner recently beat quarterly earnings and revenue estimates.
• BorgWarner declared a $0.17 quarterly dividend and authorized a $1 billion share-repurchase program, allowing buybacks of up to 7.7% of outstanding shares.

Foster & Motley Inc. acquired a new stake in BorgWarner Inc. (NYSE:BWA - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 31,272 shares of the auto parts company's stock, valued at approximately $2,076,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Acadian Asset Management LLC boosted its holdings in BorgWarner by 23.7% in the 1st quarter. Acadian Asset Management LLC now owns 8,979 shares of the auto parts company's stock valued at $257,000 after purchasing an additional 1,723 shares during the period. Sivia Capital Partners LLC bought a new position in shares of BorgWarner during the 2nd quarter worth about $339,000. EverSource Wealth Advisors LLC raised its position in shares of BorgWarner by 400.5% during the second quarter. EverSource Wealth Advisors LLC now owns 5,531 shares of the auto parts company's stock valued at $185,000 after buying an additional 4,426 shares during the last quarter. Marshall Wace LLP acquired a new position in shares of BorgWarner during the second quarter valued at about $247,000. Finally, Cerity Partners LLC lifted its stake in shares of BorgWarner by 30.2% in the second quarter. Cerity Partners LLC now owns 143,841 shares of the auto parts company's stock valued at $4,816,000 after buying an additional 33,362 shares during the period. Institutional investors own 95.67% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on BWA shares. Wolfe Research restated an "outperform" rating and set a $95.00 price target on shares of BorgWarner in a research note on Wednesday, June 3rd. JPMorgan Chase & Co. raised their price objective on BorgWarner from $75.00 to $85.00 and gave the stock an "overweight" rating in a research report on Monday, August 10th. Weiss Ratings raised BorgWarner from a "hold (c)" rating to a "hold (c+)" rating in a report on Monday, June 29th. Barclays boosted their price objective on BorgWarner from $83.00 to $85.00 and gave the company an "overweight" rating in a research report on Monday, August 10th. Finally, TD Cowen raised their target price on BorgWarner from $67.00 to $68.00 and gave the stock a "hold" rating in a research report on Thursday, August 6th. Nine analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $75.93.

BorgWarner Stock Down 2.8%

Shares of BWA opened at $67.97 on Wednesday. The company has a quick ratio of 1.76, a current ratio of 2.13 and a debt-to-equity ratio of 0.67. The company has a 50-day moving average price of $66.79 and a two-hundred day moving average price of $61.27. The stock has a market cap of $13.84 billion, a price-to-earnings ratio of 33.99, a P/E/G ratio of 1.24 and a beta of 1.10. BorgWarner Inc. has a 12 month low of $40.50 and a 12 month high of $78.82.

BorgWarner (NYSE:BWA - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The auto parts company reported $1.42 earnings per share for the quarter, beating the consensus estimate of $1.28 by $0.14. BorgWarner had a return on equity of 19.10% and a net margin of 2.89%.The company had revenue of $3.65 billion for the quarter, compared to analyst estimates of $3.58 billion. During the same period in the prior year, the company posted $1.21 EPS. The company's revenue was up .3% compared to the same quarter last year. BorgWarner has set its FY 2026 guidance at 5.050-5.300 EPS. Equities analysts predict that BorgWarner Inc. will post 5.19 EPS for the current fiscal year.

BorgWarner Dividend Announcement

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

BorgWarner declared that its Board of Directors has initiated a share buyback plan on Wednesday, August 5th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the auto parts company to repurchase up to 7.7% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's board believes its shares are undervalued.

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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