BorgWarnerBWA
Market Cap: 7.48B
About: BorgWarner is a Tier I auto-parts supplier with three operating segments. The air management group makes turbochargers, e-boosters, e-turbos, timing systems, emissions systems, thermal systems, gasoline ignition technology, powertrain sensors, and cabin heaters. The drivetrain and battery systems group produces automatic transmission components, torque management products, battery heaters, battery charging, and battery modules. The e-propulsion segment makes e-motors, power electronics, and software and control modules. The company's largest customers are Ford and Volkswagen at 14% and 11% of 2023 revenue, respectively. Geographically, Europe accounted for 36% of 2023 revenue, while Asia and North America were 34% and 29% apiece.
Employees: 39,900
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
21% more call options, than puts
Call options by funds: $49.8M | Put options by funds: $41.3M
1.0% more ownership
Funds ownership: 93.39% [Q4 2023] → 94.39% (+1.0%) [Q1 2024]
0% more funds holding in top 10
Funds holding in top 10: 5 [Q4 2023] → 5 (+0) [Q1 2024]
4% less capital invested
Capital invested by funds: $7.87B [Q4 2023] → $7.54B (-$330M) [Q1 2024]
5% less funds holding
Funds holding: 658 [Q4 2023] → 622 (-36) [Q1 2024]
21% less repeat investments, than reductions
Existing positions increased: 212 | Existing positions reduced: 268
32% less first-time investments, than exits
New positions opened: 76 | Existing positions closed: 112
Research analyst outlook
17 Wall Street Analysts provided 1 year price forecasts over the past 6 months
17 analyst ratings
B of A Securities John Murphy | 37%upside $45 | Buy Maintained | 22 Jul 2024 |
JP Morgan Ryan Brinkman | 52%upside $50 | Overweight Maintained | 22 Jul 2024 |
Citigroup Itay Michaeli | 10%upside $36 | Neutral Maintained | 12 Jul 2024 |
Baird David Leiker | 16%upside $38 | Neutral Maintained | 12 Jul 2024 |
UBS Colin Langan | 28%upside $42 | Buy Maintained | 10 Jul 2024 |
Financial journalist opinion
Based on 9 articles about BWA published over the past 30 days