KBC Group NV Decreases Stock Holdings in BorgWarner Inc. $BWA

Key Points

• KBC Group NV cut its BorgWarner stake by 37.3% in the first quarter, selling 114,285 shares and leaving it with 191,855 shares valued at about $10.4 million.
• BorgWarner reported better-than-expected Q1 results, with EPS of $1.24 versus the $1.16 consensus and revenue of $3.53 billion versus $3.50 billion expected. The company also reaffirmed FY 2026 guidance of 5.00 to 5.20 EPS.
• Wall Street sentiment remains supportive, with nine Buy ratings and six Hold ratings and an average price target of $74.57. The stock was trading up about 1.0% at $64.25, while insiders have also sold shares in recent months.

KBC Group NV lowered its holdings in BorgWarner Inc. (NYSE:BWA - Free Report) by 37.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 191,855 shares of the auto parts company's stock after selling 114,285 shares during the period. KBC Group NV owned approximately 0.09% of BorgWarner worth $10,410,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Inspire Investing LLC grew its holdings in BorgWarner by 2.8% during the 4th quarter. Inspire Investing LLC now owns 7,223 shares of the auto parts company's stock valued at $325,000 after purchasing an additional 195 shares in the last quarter. Lazard Asset Management LLC increased its position in shares of BorgWarner by 1.0% during the fourth quarter. Lazard Asset Management LLC now owns 21,719 shares of the auto parts company's stock worth $979,000 after acquiring an additional 206 shares during the last quarter. Arjuna Capital lifted its stake in shares of BorgWarner by 0.6% in the fourth quarter. Arjuna Capital now owns 34,932 shares of the auto parts company's stock worth $1,574,000 after acquiring an additional 215 shares in the last quarter. Fifth Third Wealth Advisors LLC boosted its holdings in BorgWarner by 3.2% in the first quarter. Fifth Third Wealth Advisors LLC now owns 7,064 shares of the auto parts company's stock valued at $383,000 after purchasing an additional 216 shares during the last quarter. Finally, Quadrant Capital Group LLC grew its stake in BorgWarner by 0.7% during the 4th quarter. Quadrant Capital Group LLC now owns 34,538 shares of the auto parts company's stock valued at $1,556,000 after purchasing an additional 246 shares in the last quarter. 95.67% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

BWA has been the topic of a number of recent analyst reports. TD Cowen upped their target price on shares of BorgWarner from $66.00 to $67.00 and gave the company a "hold" rating in a research note on Thursday, May 7th. The Goldman Sachs Group reaffirmed a "buy" rating and set a $84.00 target price on shares of BorgWarner in a report on Thursday, June 11th. JPMorgan Chase & Co. lifted their target price on BorgWarner from $73.00 to $75.00 and gave the stock an "overweight" rating in a research report on Thursday, May 14th. Sanford C. Bernstein upgraded BorgWarner to a "buy" rating in a research note on Wednesday, June 10th. Finally, Deutsche Bank Aktiengesellschaft set a $81.00 price objective on shares of BorgWarner in a report on Tuesday, April 21st. Nine analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $74.57.

BorgWarner Trading Up 1.0%

BorgWarner stock opened at $64.25 on Thursday. BorgWarner Inc. has a 1 year low of $34.27 and a 1 year high of $78.82. The firm's 50 day moving average price is $67.97 and its two-hundred day moving average price is $58.82. The firm has a market cap of $13.18 billion, a price-to-earnings ratio of 38.02, a price-to-earnings-growth ratio of 1.36 and a beta of 1.09. 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 issued its earnings results on Wednesday, May 6th. The auto parts company reported $1.24 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.16 by $0.08. The company had revenue of $3.53 billion during the quarter, compared to analyst estimates of $3.50 billion. BorgWarner had a net margin of 2.53% and a return on equity of 18.36%. The company's revenue for the quarter was up .5% on a year-over-year basis. During the same quarter last 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 EPS for the current fiscal year.

BorgWarner Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were paid a $0.17 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a $0.68 dividend on an annualized basis and a yield of 1.1%. BorgWarner's payout ratio is presently 40.24%.

Insider Buying and Selling at BorgWarner

In other BorgWarner news, VP Stefan Demmerle sold 20,000 shares of the stock in a transaction on Friday, May 8th. The stock was sold at an average price of $59.26, for a total transaction of $1,185,200.00. Following the completion of the transaction, the vice president directly owned 213,746 shares in the company, 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 can be accessed through this link. Also, VP Isabelle Mckenzie sold 3,500 shares of the company's stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $63.35, for a total transaction of $221,725.00. Following the completion of the sale, the vice president directly owned 57,828 shares in the company, valued at approximately $3,663,403.80. The trade was a 5.71% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 67,500 shares of company stock worth $4,310,115 in the last three months. 0.76% of the stock is currently owned by company insiders.

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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