BorgWarner Inc. (NYSE:BWA) is expected to pay $0.14 on Dec 15, 2016. The indicated annual dividend is $0.56. Shareholders owning the stock before Nov 29, 2016 will be eligible to receive the payout. Based on BorgWarner Inc.’s current price of $35.68, the dividend is 0.39%. This dividend’s record date is Dec 1, 2016 and the announcement date is Nov 10, 2016. The stock increased 0.82% or $0.29 on November 25, hitting $35.68. BorgWarner Inc. (NYSE:BWA) has declined 7.18% since April 25, 2016 and is downtrending. It has underperformed by 13.19% the S&P500.
BorgWarner Inc. is a supplier of engineered automotive systems and components for powertrain applications. The company has a market cap of $7.66 billion. The Firm operates through two divisions: Engine and Drivetrain. It has a 14.49 P/E ratio. The Engine segment’s products include turbochargers, timing devices and chains, emissions systems and thermal systems.
Insitutional Activity: The institutional sentiment increased to 1.16 in 2016 Q2. Its up 0.36, from 0.8 in 2016Q1. The ratio improved, as 57 funds sold all BorgWarner Inc. shares owned while 146 reduced positions. 40 funds bought stakes while 122 increased positions. They now own 182.28 million shares or 6.04% less from 193.99 million shares in 2016Q1.
Logan Capital Management accumulated 116,552 shares or 0.29% of the stock. Envestnet Asset Management has 0.01% invested in the company for 75,184 shares. Fairpointe Ltd Co accumulated 2.55 million shares or 1.7% of the stock. Strs Ohio accumulated 0% or 17,670 shares. Wellington Mgmt Ltd Liability Partnership last reported 0% of its portfolio in the stock. Gemmer Asset Management Lc last reported 0% of its portfolio in the stock. Jacobs Levy Equity Management has 0.09% invested in the company for 141,756 shares. Gp One Trading L P holds 0% of its portfolio in BorgWarner Inc. (NYSE:BWA) for 1,165 shares. The Arizona-based Tci Wealth Advsr Incorporated has invested 0% in BorgWarner Inc. (NYSE:BWA). Nuveen Asset Management Limited Company reported 13,591 shares or 0% of all its holdings. Amalgamated Savings Bank has invested 0.02% of its portfolio in BorgWarner Inc. (NYSE:BWA). Tcw Group holds 0% of its portfolio in BorgWarner Inc. (NYSE:BWA) for 17,500 shares. Washington Trust Company reported 9,158 shares or 0.02% of all its holdings. Van Eck Associate accumulated 0% or 1,755 shares. Bokf Na has invested 0.01% of its portfolio in BorgWarner Inc. (NYSE:BWA).
Insider Transactions: Since August 2, 2016, the stock had 0 insider purchases, and 4 insider sales for $1.67 million net activity. $577,228 worth of shares were sold by Ericson Brady D on Friday, August 26. $159,152 worth of BorgWarner Inc. (NYSE:BWA) was sold by McGill Thomas J. on Tuesday, August 2.
BorgWarner Inc. (NYSE:BWA) Ratings Coverage
Out of 13 analysts covering Borgwarner Inc. (NYSE:BWA), 2 rate it a “Buy”, 4 “Sell”, while 7 “Hold”. This means 15% are positive. $62 is the highest target while $33 is the lowest. The $45.20 average target is 26.68% above today’s ($35.68) stock price. Borgwarner Inc. has been the topic of 30 analyst reports since August 3, 2015 according to StockzIntelligence Inc. The firm earned “Equalweight” rating on Monday, January 25 by Barclays Capital. As per Tuesday, February 16, the company rating was downgraded by Sterne Agee CRT. The company was initiated on Tuesday, August 9 by Seaport Global. The rating was downgraded by RBC Capital Markets to “Sector Perform” on Friday, October 30. The stock has “Buy” rating given by Goldman Sachs on Wednesday, November 18. UBS upgraded the stock to “Buy” rating in Tuesday, August 18 report. On Thursday, January 14 the stock rating was downgraded by Credit Agricole to “Underperform”. RBC Capital Markets maintained the stock with “Sector Perform” rating in Friday, February 12 report. The stock of BorgWarner Inc. (NYSE:BWA) has “Neutral” rating given on Tuesday, June 21 by Bank of America. Bank of America downgraded the shares of BWA in a report on Wednesday, November 9 to “Underperform” rating.
More important recent BorgWarner Inc. (NYSE:BWA) news were published by: Prnewswire.com which released: “BorgWarner Declares Quarterly Dividend” on November 09, 2016, also Prnewswire.com published article titled: “BorgWarner Launches its First Integrated Electric Drive Module for the …”, Prnewswire.com published: “BorgWarner Names Patrick Nolan Vice President of Investor Relations” on November 14, 2016. More interesting news about BorgWarner Inc. (NYSE:BWA) was released by: Equitiesfocus.com and their article: “BorgWarner Inc. (NYSE:BWA) Stock Gets Revised Target Of $39.29” with publication date: November 28, 2016.
BWA Company Profile
BorgWarner Inc., incorporated on May 4, 1987, is a supplier of engineered automotive systems and components primarily for powertrain applications. The Firm operates through two divisions: Engine and Drivetrain. The Engine segment’s products include turbochargers, timing devices and chains, emissions systems and thermal systems. The Drivetrain segment’s products include transmission components and systems, all-wheel drive (AWD) torque transfer systems and rotating electrical devices. The Firm makes and sells the products across the world, to original equipment manufacturers (OEMs) of light vehicles (passenger cars, sport-utility vehicles (SUVs), vans and light trucks). The Firm sells the products to other OEMs of commercial vehicles (medium-duty trucks, heavy-duty trucks and buses) and off-highway vehicles (agricultural and construction machinery and marine applications). The Firm makes and sells its products to certain Tier One vehicle systems suppliers and into the aftermarket for light, commercial and off-highway vehicles. The Firm operates manufacturing facilities serving clients in the Americas, Europe, Africa and Asia.
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