Rep. Julie Johnson Purchases Shares of BorgWarner Inc. (NYSE:BWA)

Representative Julie Johnson (D-Texas) recently bought shares of BorgWarner Inc. (NYSE:BWA). In a filing disclosed on March 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in BorgWarner stock on February 12th. The trade occurred in the Representative’s “MERRILL LYNCH TAX EFFICIENT CORE” account.

Representative Julie Johnson also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Norfolk Southern (NYSE:NSC) on 2/25/2025.
• Purchased $1,001 – $15,000 in shares of Union Pacific (NYSE:UNP) on 2/25/2025.
• Purchased $1,001 – $15,000 in shares of Bank of New York Mellon (NYSE:BK) on 2/24/2025.
• Sold $1,001 – $15,000 in shares of BlackRock (NYSE:BLK) on 2/24/2025.
• Sold $1,001 – $15,000 in shares of The PNC Financial Services Group (NYSE:PNC) on 2/24/2025.
• Purchased $1,001 – $15,000 in shares of Progressive (NYSE:PGR) on 2/24/2025.
• Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 2/24/2025.
• Purchased $1,001 – $15,000 in shares of Capital One Financial (NYSE:COF) on 2/24/2025.
• Purchased $1,001 – $15,000 in shares of Capital One Financial (NYSE:COF) on 2/14/2025.
• Purchased $1,001 – $15,000 in shares of Progressive (NYSE:PGR) on 2/14/2025.

BorgWarner Stock Performance

Shares of BorgWarner stock opened at $27.76 on Friday. The company has a current ratio of 1.79, a quick ratio of 1.45 and a debt-to-equity ratio of 0.66. The company has a market cap of $6.07 billion, a PE ratio of 19.42, a price-to-earnings-growth ratio of 0.77 and a beta of 1.21. The company has a 50 day moving average of $30.78 and a 200-day moving average of $32.79. BorgWarner Inc. has a 1-year low of $27.65 and a 1-year high of $38.23.

BorgWarner (NYSE:BWA) last released its earnings results on Thursday, February 6th. The auto parts company reported $1.01 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.08. BorgWarner had a return on equity of 15.93% and a net margin of 2.40%. As a group, equities research analysts forecast that BorgWarner Inc. will post 4.28 earnings per share for the current fiscal year.

BorgWarner Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be paid a dividend of $0.11 per share. The ex-dividend date is Monday, March 3rd. This represents a $0.44 dividend on an annualized basis and a yield of 1.58%. BorgWarner’s payout ratio is 30.77%.

Insider Buying and Selling at BorgWarner

In other news, EVP Tania Wingfield sold 24,000 shares of the business’s stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $28.79, for a total value of $690,960.00. Following the transaction, the executive vice president now directly owns 39,110 shares of the company’s stock, valued at $1,125,976.90. The trade was a 38.03 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Tonit M. Calaway sold 13,500 shares of the firm’s stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $30.16, for a total value of $407,160.00. Following the sale, the chief accounting officer now directly owns 259,310 shares of the company’s stock, valued at $7,820,789.60. This represents a 4.95 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 45,800 shares of company stock valued at $1,347,701. 0.63% of the stock is currently owned by insiders.

Institutional Investors Weigh In On BorgWarner

Institutional investors and hedge funds have recently made changes to their positions in the stock. Janney Montgomery Scott LLC boosted its holdings in BorgWarner by 50.7% in the third quarter. Janney Montgomery Scott LLC now owns 54,051 shares of the auto parts company’s stock valued at $1,962,000 after acquiring an additional 18,175 shares during the last quarter. Principal Financial Group Inc. boosted its stake in shares of BorgWarner by 3.0% in the 3rd quarter. Principal Financial Group Inc. now owns 261,840 shares of the auto parts company’s stock valued at $9,502,000 after purchasing an additional 7,559 shares during the last quarter. Atria Investments Inc increased its position in shares of BorgWarner by 12.4% during the third quarter. Atria Investments Inc now owns 32,973 shares of the auto parts company’s stock worth $1,197,000 after buying an additional 3,638 shares during the period. Crossmark Global Holdings Inc. raised its stake in BorgWarner by 27.2% during the third quarter. Crossmark Global Holdings Inc. now owns 111,254 shares of the auto parts company’s stock worth $4,037,000 after buying an additional 23,820 shares during the last quarter. Finally, Aigen Investment Management LP acquired a new position in BorgWarner in the third quarter valued at $412,000. Institutional investors and hedge funds own 95.67% of the company’s stock.

Wall Street Analyst Weigh In

BWA has been the topic of a number of recent analyst reports. TD Cowen cut BorgWarner from a “buy” rating to a “hold” rating and set a $31.00 target price on the stock. in a research report on Friday, March 7th. Evercore ISI reduced their price target on shares of BorgWarner from $43.00 to $40.00 and set an “outperform” rating on the stock in a research note on Monday, February 10th. Cowen cut shares of BorgWarner from a “buy” rating to a “hold” rating in a research report on Thursday, March 6th. Guggenheim set a $38.00 target price on shares of BorgWarner in a research report on Wednesday, March 5th. Finally, Wells Fargo & Company boosted their target price on shares of BorgWarner from $40.00 to $41.00 and gave the stock an “overweight” rating in a research note on Friday, February 7th. Eight analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat.com, BorgWarner has a consensus rating of “Moderate Buy” and a consensus price target of $39.73.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.

Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.

About BorgWarner

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