Teacher Retirement System of Texas Sells 35,849 Shares of BorgWarner Inc. $BWA

Key Points

• Teacher Retirement System of Texas cut its BorgWarner stake by 26.8%, selling 35,849 shares and leaving 98,129 shares valued at about $4.42 million.
• Other large investors (AQR, Adage, Robeco, Balyasny) significantly increased or initiated positions, and institutional ownership of BorgWarner stands at 95.67%.
• BorgWarner beat quarterly expectations with $1.35 EPS vs. $1.16 est. and $3.57B revenue, set FY2026 guidance of 5.00–5.20 EPS, and trades with a P/E of 44.27, a 1.2% dividend yield, and a consensus "Moderate Buy" target of $66.77.

Teacher Retirement System of Texas lessened its holdings in BorgWarner Inc. (NYSE:BWA - Free Report) by 26.8% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 98,129 shares of the auto parts company's stock after selling 35,849 shares during the period. Teacher Retirement System of Texas' holdings in BorgWarner were worth $4,422,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. AQR Capital Management LLC raised its holdings in shares of BorgWarner by 119.7% in the 3rd quarter. AQR Capital Management LLC now owns 7,518,776 shares of the auto parts company's stock valued at $330,525,000 after acquiring an additional 4,095,902 shares in the last quarter. Adage Capital Partners GP L.L.C. boosted its position in shares of BorgWarner by 233.6% during the 2nd quarter. Adage Capital Partners GP L.L.C. now owns 1,111,000 shares of the auto parts company's stock valued at $37,196,000 after acquiring an additional 778,000 shares during the last quarter. Electron Capital Partners LLC purchased a new position in shares of BorgWarner during the third quarter worth about $31,820,000. Robeco Institutional Asset Management B.V. increased its position in shares of BorgWarner by 64.9% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,835,337 shares of the auto parts company's stock worth $82,700,000 after purchasing an additional 722,356 shares during the last quarter. Finally, Balyasny Asset Management L.P. bought a new position in shares of BorgWarner in the second quarter worth approximately $22,590,000. Institutional investors own 95.67% of the company's stock.

BorgWarner Stock Performance

NYSE:BWA opened at $55.33 on Tuesday. The company has a market capitalization of $11.40 billion, a price-to-earnings ratio of 44.27, a PEG ratio of 1.18 and a beta of 1.04. The business has a 50 day moving average of $54.79 and a 200 day moving average of $49.23. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.07 and a quick ratio of 1.70. BorgWarner Inc. has a 1-year low of $28.07 and a 1-year high of $70.08.

BorgWarner (NYSE:BWA - Get Free Report) last posted its quarterly earnings results on Wednesday, February 11th. The auto parts company reported $1.35 EPS for the quarter, topping the consensus estimate of $1.16 by $0.19. The firm had revenue of $3.57 billion for the quarter, compared to the consensus estimate of $3.49 billion. BorgWarner had a net margin of 1.93% and a return on equity of 17.89%. The business's revenue was up 3.9% compared to the same quarter last year. During the same period last year, the firm posted $1.01 earnings per share. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. On average, sell-side analysts predict that BorgWarner Inc. will post 5.14 earnings per share for the current fiscal year.

BorgWarner Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 2nd were given a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Monday, March 2nd. BorgWarner's dividend payout ratio (DPR) is presently 54.40%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on BWA shares. TD Cowen reiterated a "hold" rating on shares of BorgWarner in a research report on Thursday, February 12th. Wells Fargo & Company decreased their price target on shares of BorgWarner to $68.00 and set an "overweight" rating on the stock in a report on Tuesday, March 31st. Piper Sandler reaffirmed a "neutral" rating and set a $51.00 price objective (down from $52.00) on shares of BorgWarner in a report on Thursday, January 8th. Weiss Ratings reiterated a "hold (c)" rating on shares of BorgWarner in a research report on Monday, April 20th. Finally, Wolfe Research raised BorgWarner from a "peer perform" rating to an "outperform" rating and set a $68.00 target price on the stock in a research note on Wednesday, March 25th. Seven research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, BorgWarner presently has a consensus rating of "Moderate Buy" and a consensus target price of $66.77.

Insiders Place Their Bets

In other BorgWarner news, VP Isabelle Mckenzie sold 2,458 shares of the business's stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $61.54, for a total value of $151,265.32. Following the completion of the sale, the vice president directly owned 66,351 shares of the company's stock, valued at $4,083,240.54. The trade was a 3.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Tania Wingfield sold 17,867 shares of the company's stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $63.43, for a total transaction of $1,133,303.81. Following the sale, the executive vice president owned 45,429 shares of the company's stock, valued at approximately $2,881,561.47. The trade was a 28.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 78,083 shares of company stock valued at $4,638,585 over 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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