Index falls as earnings results weigh; pound above $1.33, Bodycote soars
Auburn Hills, MI – BorgWarner Inc. (NYSE:BWA), the $6.5 billion automotive components manufacturer, saw Vice President Volker Weng recently sell 7,053 shares of the company’s common stock. The shares were sold at a weighted average price of $30.4902 per share, totaling approximately $215,047. Following this transaction, Weng now holds 121,001.96 shares directly. According to InvestingPro analysis, the stock is currently trading near its 52-week low of $28.65, despite management’s aggressive share buyback program.
The sale occurred on February 26, 2025, as detailed in a Form 4 filing with the Securities and Exchange Commission. The reported price range for the shares sold was between $30.4900 and $30.5050. InvestingPro’s analysis indicates the company maintains strong financial health with a "GOOD" overall rating and liquid assets exceeding short-term obligations.
This transaction is part of routine insider activity, providing insight into the executive’s current holdings and potential future expectations for the company’s stock performance. For deeper insights into insider trading patterns and access to 8 additional exclusive ProTips about BWA, including detailed valuation metrics and growth forecasts, explore InvestingPro’s comprehensive research report.
In other recent news, BorgWarner reported fourth-quarter earnings that exceeded analyst expectations, with an adjusted earnings per share of $1.01, surpassing the consensus estimate of $0.96. Revenue for the quarter was $3.44 billion, slightly missing the consensus by $30 million but marginally above some forecasts. Despite these positive earnings results, BorgWarner provided a mixed outlook for fiscal year 2025, projecting earnings per share between $4.05 and $4.40, which is below the analyst estimate of $4.23. The company also anticipates revenue ranging from $13.4 billion to $14 billion, falling short of the consensus of $14.12 billion.
CFRA analyst Garrett Nelson adjusted BorgWarner’s 12-month price target to $32 from $35, maintaining a Hold rating on the stock. Nelson expressed concerns about the company’s future earnings growth due to potential slowdowns in electric vehicle demand and other industry pressures. BorgWarner’s adjusted operating margin stood at 10.2% during the fourth quarter, despite a decline in vehicle markets. The company secured new business awards, including Variable Cam Timing systems and turbocharger program extensions, which are expected to bolster long-term growth. These developments reflect BorgWarner’s strategic initiatives to navigate the evolving automotive landscape.
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