BorgWarnerBWA
Market Cap: $7.19B
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 Q2 SEC filings by fund managers ($100M+ AUM)
20% more funds holding in top 10
Funds holding in top 10: 5 [Q1] → 6 (+1) [Q2]
10% more call options, than puts
Call options by funds: $44.1M | Put options by funds: $40.2M
0.32% more ownership
Funds ownership: 96.13% [Q1] → 96.45% (+0.32%) [Q2]
8% less repeat investments, than reductions
Existing positions increased: 217 | Existing positions reduced: 236
3% less funds holding
Funds holding: 638 [Q1] → 620 (-18) [Q2]
8% less capital invested
Capital invested by funds: $7.68B [Q1] → $7.09B (-$590M) [Q2]
16% less first-time investments, than exits
New positions opened: 92 | Existing positions closed: 110
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
11 analyst ratings
Deutsche Bank Edison Yu 0% 1-year accuracy 0 / 3 met price target | 14%upside $36 | Hold Reinstated | 10 Sept 2024 |
JP Morgan Ryan Brinkman 45% 1-year accuracy 10 / 22 met price target | 62%upside $51 | Overweight Maintained | 5 Aug 2024 |
Barclays Dan Levy 24% 1-year accuracy 8 / 34 met price target | 49%upside $47 | Overweight Maintained | 1 Aug 2024 |
Wells Fargo Colin Langan 19% 1-year accuracy 5 / 27 met price target | 33%upside $42 | Overweight Maintained | 1 Aug 2024 |
Baird David Leiker 0% 1-year accuracy 0 / 2 met price target | 24%upside $39 | Neutral Maintained | 1 Aug 2024 |
Financial journalist opinion
Based on 9 articles about BWA published over the past 30 days