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Tonit M. Calaway, Executive Vice President, Chief Administrative Officer, General Counsel, and Secretary of BorgWarner Inc. (NYSE:BWA), a $6.2 billion market cap automotive components manufacturer, recently sold 8,300 shares of the company’s common stock. The company, which InvestingPro analysis indicates is currently trading near its 52-week low, has maintained consistent dividend payments for 13 consecutive years. The shares were sold at an average price of $30.0701, totaling approximately $249,581. Following this transaction, Calaway holds 242,257 shares in the company. The number of shares owned includes those acquired through dividend reinvestments. Notably, while this insider sale occurred, InvestingPro data reveals that management has been actively buying back shares, suggesting continued confidence in the company’s value proposition. For deeper insights into insider trading patterns and comprehensive financial analysis, investors can access the detailed BWA Pro Research Report, available exclusively on InvestingPro.
In other recent news, BorgWarner reported fourth-quarter earnings that exceeded analyst expectations with an adjusted earnings per share (EPS) of $1.01, surpassing the consensus estimate of $0.96. The company’s revenue was $3.44 billion, slightly below the consensus by $30 million, reflecting a 2% decline. Despite the revenue shortfall, BorgWarner achieved a robust adjusted operating margin of 10.2%. Looking ahead to 2025, BorgWarner’s earnings per share guidance ranges from $4.05 to $4.40, which is below the analyst estimate of $4.23. Revenue projections for 2025 are set between $13.4 billion and $14 billion, falling short of the $14.12 billion consensus.
CFRA analyst Garrett Nelson recently adjusted BorgWarner’s 12-month price target to $32, down from $35, while maintaining a Hold rating. Nelson cited potential challenges such as a slowdown in electric vehicle demand growth and the anticipated elimination of the federal electric vehicle tax credit. BorgWarner has secured multiple new business awards, including Variable Cam Timing systems for a major East Asian OEM and turbocharger program extensions with a North American OEM. These developments are expected to support BorgWarner’s long-term growth despite a mixed outlook for 2025.
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