BorgWarner (BWA)

• Market cap: $7.17B
• 1 day: -0.93%
• 5 days: 1.57%
• 1 month: -0.18%
• 3 months: 19.04%
• 6 months: -2.88%
• Year to date: 5.59%
• 1 year: -1.90%
• 5 years: -2.33%
• 10 years: -44.93%
• Sector: Consumer Discretionary
• Industry: Auto Parts

About: BorgWarner is a tier one supplier of turbo and thermal management technologies, drivetrain systems, powerdrive systems, and battery and charging systems mostly to automotive original equipment manufacturers. Its products aim to move a vehicle with as few electrons as possible, resulting in cleaner, cost-optimized, and more-efficient vehicles. Foundational products, the combustion vehicle business, contributes more than 80% to group revenue while BorgWarner transitions to becoming an electric vehicle-centric parts supplier (e-business). In 2023, 25% of the company's revenue was sourced from Volkswagen and Ford. Revenue is well diversified geographically, with approximately a third each generated in North America, Europe, and Asia.

Employees: 38,300

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

133% more funds holding in top 10

Funds holding in top 10: 3 [Q4 2024] → 7 (+4) [Q1 2025]

10% less repeat investments, than reductions

Existing positions increased: 199 | Existing positions reduced: 221

1.15% less ownership

Funds ownership: 100.06% [Q4 2024] → 98.91% (-1.15%) [Q1 2025]

10% less funds holding

Funds holding: 623 [Q4 2024] → 562 (-61) [Q1 2025]

10% less capital invested

Capital invested by funds: $6.96B [Q4 2024] → $6.25B (-$710M) [Q1 2025]

33% less call options, than puts

Call options by funds: $24.6M | Put options by funds: $36.8M

38% less first-time investments, than exits

New positions opened: 82 | Existing positions closed: 132

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $32 3% downside
• Avg. target: $36 8% upside
• High target: $44 33% upside

7 analyst ratings

• positive: 5 71%
• neutral: 2 29%
• negative: 0 0%

Piper Sandler Alexander Potter	12% upside $37	Overweight Maintained	22 May 2025
Wells Fargo Colin Langan	33% upside $44	Overweight Maintained	19 May 2025
UBS Joseph Spak	6% upside $35	Neutral Maintained	8 May 2025
Baird David Leiker	3% downside $32	Neutral Maintained	8 May 2025
Guggenheim Ronald Jewsikow	0% downside $33	Buy Maintained	22 Apr 2025