BorgWarner (BWA) stock is soaring 5.07% in Thursday's pre-market trading following the company's impressive second-quarter results and a series of positive announcements. The auto parts supplier exceeded analysts' expectations and raised its full-year guidance, signaling strong confidence in its future performance.

The company reported adjusted earnings per share of $1.21 for Q2 2025, surpassing the IBES estimate of $1.08. Sales for the quarter reached $3.638 billion, beating the expected $3.610 billion. This robust performance was attributed to stronger vehicle production and favorable exchange rates. In response to these results, BorgWarner raised its full-year sales forecast to between $14 billion and $14.4 billion, up from the previous range of $13.6 billion to $14.2 billion.

Adding to investor enthusiasm, BorgWarner announced a significant 55% increase in its quarterly dividend to $0.17 per share. The company also authorized an increase in its share repurchase program to $1 billion through 2028, demonstrating its commitment to enhancing shareholder value. Furthermore, BorgWarner secured several new contracts for electric and hybrid vehicle components with major global OEMs, positioning itself strongly in the rapidly evolving automotive market. These developments collectively paint a picture of a company successfully navigating the transition to electric and hybrid vehicles while maintaining strong financial performance.