Borgwarner vice president sells $166,250 in shares

Published 20/05/2025, 15:36
Borgwarner vice president sells $166,250 in shares

In a recent transaction, Isabelle McKenzie, Vice President of BorgWarner Inc. (NYSE:BWA), sold 5,000 shares of the company’s common stock. BorgWarner, with a market capitalization of $7.4 billion, maintains a "GOOD" financial health score according to InvestingPro analysis. The shares were sold on May 16, 2025, at a price of $33.25 each, totaling $166,250. Following this transaction, McKenzie holds 63,445 shares, which includes shares acquired through dividend reinvestments. The transaction was disclosed in a filing with the Securities and Exchange Commission. The company has maintained dividend payments for 13 consecutive years, with current analysis from InvestingPro suggesting the stock is slightly undervalued. Get access to detailed valuation analysis and 6 additional ProTips with an InvestingPro subscription.

In other recent news, BorgWarner reported strong financial results for the first quarter of 2025, surpassing analyst expectations with earnings per share (EPS) of $1.11, compared to the forecasted $0.98. The company’s revenue also exceeded projections, reaching $3.52 billion against an anticipated $3.41 billion. JPMorgan responded to these results by raising its price target on BorgWarner stock to $43.00 from $42.00, maintaining an Overweight rating. The adjustment was due to BorgWarner’s revenue and earnings before interest and taxes (EBIT) surpassing both JPMorgan’s and Bloomberg’s consensus estimates.

TD Cowen also increased its price target for BorgWarner shares from $30.00 to $33.00, citing the company’s robust first-quarter performance and updated guidance for 2025. BorgWarner’s management highlighted strategic decisions, such as exiting the charging business and consolidating the battery systems business, which are expected to provide financial benefits in the coming years. These moves are anticipated to result in a $15 million EBIT tailwind in 2025 and save approximately $10 million in 2025 and $20 million in 2026. BorgWarner’s strong performance was attributed to significant growth in electric vehicle components and strategic operational adjustments.

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