abrdn plc trimmed its place in BorgWarner Inc. (NYSE:BWA – Free Report) by 53.4% within the fourth quarter, in response to its most up-to-date Kind 13F submitting with the Securities and Trade Fee. The institutional investor owned 18,443 shares of the auto elements firm’s inventory after promoting 21,166 shares throughout the quarter. abrdn plc’s holdings in BorgWarner had been value $584,000 on the finish of the newest reporting interval.
A variety of different institutional traders have additionally just lately purchased and bought shares of BWA. Monetary Methods Group Inc. lifted its holdings in shares of BorgWarner by 25.2% throughout the fourth quarter. Monetary Methods Group Inc. now owns 10,144 shares of the auto elements firm’s inventory valued at $315,000 after buying a further 2,040 shares throughout the interval. Spire Wealth Administration lifted its place in BorgWarner by 611.6% throughout the 4th quarter. Spire Wealth Administration now owns 6,838 shares of the auto elements firm’s inventory value $217,000 after shopping for a further 5,877 shares within the final quarter. Osborne Companions Capital Administration LLC grew its holdings in BorgWarner by 1.2% throughout the 4th quarter. Osborne Companions Capital Administration LLC now owns 366,146 shares of the auto elements firm’s inventory value $11,640,000 after buying a further 4,497 shares over the last quarter. Busey Financial institution elevated its place in BorgWarner by 4.9% within the 4th quarter. Busey Financial institution now owns 168,412 shares of the auto elements firm’s inventory valued at $5,354,000 after buying a further 7,882 shares within the final quarter. Lastly, Highland Capital Administration LLC purchased a brand new place in shares of BorgWarner within the fourth quarter value about $220,000. Institutional traders and hedge funds personal 95.67% of the corporate’s inventory.
BorgWarner Buying and selling Up 0.4 %
Shares of NYSE BWA opened at $29.46 on Wednesday. The corporate has a fast ratio of 1.48, a present ratio of 1.79 and a debt-to-equity ratio of 0.66. BorgWarner Inc. has a twelve month low of $29.23 and a twelve month excessive of $38.22. The corporate’s fifty day shifting common is $32.23 and its 200-day shifting common is $33.25. The inventory has a market cap of $6.44 billion, a price-to-earnings ratio of 20.60, a P/E/G ratio of 0.63 and a beta of 1.18.
BorgWarner (NYSE:BWA – Get Free Report) final posted its earnings outcomes on Thursday, February sixth. The auto elements firm reported $1.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.93 by $0.08. BorgWarner had a return on fairness of 15.93% and a web margin of two.40%. Equities analysis analysts predict that BorgWarner Inc. will submit 4.54 EPS for the present 12 months.
BorgWarner Broadcasts Dividend
The corporate additionally just lately introduced a quarterly dividend, which might be paid on Monday, March seventeenth. Shareholders of file on Monday, March third might be issued a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized foundation and a yield of 1.49%. The ex-dividend date is Monday, March third. BorgWarner’s dividend payout ratio (DPR) is presently 30.77%.
Insider Shopping for and Promoting at BorgWarner
In different information, VP Stefan Demmerle bought 20,544 shares of BorgWarner inventory in a transaction dated Wednesday, November twenty seventh. The shares had been bought at a median value of $34.28, for a complete worth of $704,248.32. Following the completion of the transaction, the vice chairman now owns 206,969 shares of the corporate’s inventory, valued at $7,094,897.32. This commerce represents a 9.03 % lower of their place. The sale was disclosed in a authorized submitting with the SEC, which is out there at this hyperlink. Firm insiders personal 0.45% of the corporate’s inventory.
Wall Road Analysts Forecast Progress
A number of analysts have just lately commented on the inventory. Guggenheim reissued a “purchase” ranking and set a $41.00 value goal on shares of BorgWarner in a analysis observe on Thursday, December twelfth. Barclays decreased their value goal on BorgWarner from $43.00 to $42.00 and set an “chubby” ranking on the inventory in a analysis report on Tuesday. StockNews.com downgraded BorgWarner from a “purchase” ranking to a “maintain” ranking in a analysis report on Friday, February seventh. Wells Fargo & Firm raised their value goal on BorgWarner from $40.00 to $41.00 and gave the corporate an “chubby” ranking in a report on Friday, February seventh. Lastly, Evercore ISI minimize their goal value on shares of BorgWarner from $43.00 to $40.00 and set an “outperform” ranking on the inventory in a analysis report on Monday. Seven funding analysts have rated the inventory with a maintain ranking and ten have given a purchase ranking to the corporate. Primarily based on knowledge from MarketBeat, the corporate has a median ranking of “Reasonable Purchase” and a consensus goal value of $40.20.
Examine Out Our Newest Analysis Report on BWA
About BorgWarner
(Free Report)
BorgWarner Inc, along with its subsidiaries, gives options for combustion, hybrid, and electrical automobiles worldwide. It affords turbochargers, eBoosters, eTurbos, timing techniques, emissions techniques, thermal techniques, gasoline ignition expertise, good distant actuators, powertrain sensors, cabin heaters, battery modules and techniques, battery heaters, and battery charging.
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