BorgWarner Inc. (NYSE:BWA) receives a consensus recommendation of “moderate buy” from the brokerage

Shares of BorgWarner Inc. (NYSE:BWA – Get Your Free Report ) has been given a consensus recommendation of “Moderate Buy” by the sixteen research firms that are covering the stock, MarketBeat.com reports. Six equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $41.20.

BWA has been the subject of a number of research analyst reports. Barclays upped their target price on BorgWarner from $45.00 to $47.00 and gave the stock an “overweight” rating in a report on Thursday, August 1st. Goldman Sachs Group cut their target price on shares of BorgWarner from $38.00 to $36.00 and set a “neutral” rating on the stock in a report on Tuesday. JPMorgan Chase & Co. boosted their target price on shares of BorgWarner from $50.00 to $51.00 and gave the company an “overweight” rating in a research note on Monday, August 5th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $36.00 target price on shares of BorgWarner in a research note on Tuesday, September 10th. Finally, StockNews.com raised BorgWarner from a “hold” rating to a “buy” rating in a report on Friday, August 2nd.

Check out the latest stock analysis on BorgWarner

Insider buying and selling

In other BorgWarner news, CAO Tonit M. Calaway sold 10,868 shares of BorgWarner stock in a transaction on Monday, August 5th. The shares were sold at an average price of $31.74, for a total transaction of $344,950.32. Following the completion of the sale, the chief accounting officer now directly owns 206,083 shares of the company’s stock, valued at $6,541,074.42. The trade was a 0.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In other BorgWarner news, CAO Tonit M. Calaway sold 10,868 shares of the stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $31.74, for a total transaction of $344,950.32. Following the transaction, the chief accounting officer now directly owns 206,083 shares in the company, valued at $6,541,074.42. This represents a 0.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available on the SEC’s website. Also, EVP Tania Wingfield sold 2,066 shares of the business’s stock in a transaction dated Tuesday, August 13th. The shares were sold at an average price of $32.00, for a total transaction of $66,112.00. Following the completion of the sale, the executive vice president now owns 46,016 shares of the company’s stock, valued at approximately $1,472,512. This represents a 0.00% decrease in their position. The disclosure for this sale can be found here. 0.45% of the stock is owned by insiders.

BorgWarner Institutional Trading

Several hedge funds and other institutional investors have recently bought and sold shares of BWA. Point72 Asset Management LP increased its position in shares of BorgWarner by 361.1% in the second quarter. Point72 Asset Management LP now owns 2,450,696 shares of the auto parts company’s stock worth $79,010,000 after acquiring an additional 1,919,219 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in BorgWarner by 23.5% in the second quarter. Dimensional Fund Advisors LP now owns 8,628,733 shares of the auto parts company’s stock worth $278,190,000 after purchasing an additional 1,640,503 shares during the last quarter. Hotchkis & Wiley Capital Management LLC boosted its holdings in BorgWarner by 43.5% in the fourth quarter. Hotchkis & Wiley Capital Management LLC now owns 2,213,630 shares of the auto parts company’s stock worth $79,359,000 after purchasing an additional 670,720 shares in the last quarter. Earnest Partners LLC lifted its position in shares of BorgWarner by 20.2% during the second quarter. Earnest Partners LLC now owns 3,979,776 shares of the auto parts company’s stock valued at $128,308,000 after buying an additional 669,137 shares during the last quarter. Finally, Hsbc Holdings PLC boosted its holdings in shares of BorgWarner by 86.0% in the second quarter. Hsbc Holdings PLC now owns 1,410,411 shares of the auto parts company’s stock valued at $45,576,000 after purchasing an additional 652,097 shares during the last quarter. Institutional investors own 95.67% of the company’s shares.

BorgWarner stock performance

Shares of NYSE BWA opened at $35.13 on Friday. The stock has a market cap of $8.00 billion, a PE ratio of 13.30, a price-to-earnings-growth ratio of 0.94 and a beta of 1.20. BorgWarner has a 1 year low of $29.51 and a 1 year high of $40.76. The firm has a fifty day moving average price of $33.28 and a 200 day moving average price of $33.79. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.62, and a quick ratio of 1.26.

BorgWarner (NYSE:BWA – Get Your Free Report ) last posted its quarterly earnings results on Wednesday, July 31st. The auto parts company reported $1.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.18. BorgWarner had a return on equity of 15.50% and a net margin of 4.97%. The business had revenue of $3.60 billion during the quarter, compared to analyst estimates of $3.69 billion. In the same quarter last year, the business posted EPS of $1.35. BorgWarner’s revenue for the quarter was down 20.3% compared to the same quarter last year. equities analysts anticipate that BorgWarner will post 4.1 earnings per share for the current fiscal year.

BorgWarner Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 16th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.11 per share. This represents an annualized dividend of $0.44 and a dividend yield of 1.25%. The ex-dividend date of this dividend was Tuesday, September 3rd. BorgWarner’s dividend payout ratio is currently 16.67%.

BorgWarner Company Profile

(Get a free report

BorgWarner Inc, together with its subsidiaries, provides solutions for combustion, hybrid and electric vehicles worldwide. Offers turbochargers, eBoosters, eTurbo, timing systems, emissions systems, thermal systems, gasoline ignition technology, remote intelligent actuators, powertrain sensors, cabin heaters, battery modules and systems, battery heaters and charging batteries.

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