EntryPoint Capital LLC offloaded 429 share of BorgWarner Inc. while
Toronto Dominion Bank increased its holdings. BorgWarner's Q2 earnings expected to drop. BorgWarner announced its quarterly dividend and saw uptick in its stock price outperforming the market. Though
Ameritas Investment Partners cut its holdings, a question arose if BorgWarner is currently undervalued.
Zacks Research cut Q2 2025 EPS estimates for BorgWarner while
Shell Asset Management boosted its stake. BorgWarner appointed
Joseph Fadool as COO and announced a quarterly dividend for shareholders. It surpassed analyst earnings estimates in Q1 2024, increasing its full-year EPS guidance and stated a reduced 2023 sales guidance. BorgWarner also released its 2024 sustainability report and expects 2024 eProduct Sales to grow approximately 25% to 40%. BorgWarner entered an international strategic agreement with
FinDreams Battery for LFP Battery Packs and completed the acquisition of
Eldor Corporation's Electric Hybrid Systems Business Segment. It had also been awarded a $3 million grant by California Energy Commission for a pioneering Vehicle-to-Grid Project along with
Fermata Energy and
Lion Electric. Its President and CEO,
Frederic Lissalde sold 225,900 shares.
Borgwarner BWA News Analytics from Thu, 02 Nov 2023 07:00:00 GMT to Sun, 28 Jul 2024 15:40:10 GMT -
Rating 5
- Innovation 2
- Information 5
- Rumor -2
