BorgWarner (BWA) has been drawing significant attention lately with a series of diversified announcements. There are consistent reports of shares purchased by various banks and asset management firms such as
Amalgamated Bank,
Janney Montgomery Scott LLC,
Victory Capital Management Inc.,
New York State Common Retirement Fund,
Crossmark Global Holdings Inc., and
Leeward Investments LLC. There is an increasing interest from investment firms, indicating strong market potential. High-level executives, including both the President and CEO, have sold substantial portions of their shares, affecting overall market performance.
CEO succession plans have been announced, with
Joseph Fadool set to take over in 2025. Several
EVPs and VPs have also been involved in sizable stock sales. The company has consistently met or surpassed Q3 earnings estimates, showing strength in financial performance. Moreover, BorgWarner has gained recognition for its dedication to women, earning a spot on Forbes World's Top Companies for Women 2024 List. Lastly, the company is expanding its operations in Asia, securing new high voltage coolant heater programs in China, Korea, and Japan.
Borgwarner BWA News Analytics from Thu, 02 May 2024 07:00:00 GMT to Fri, 15 Nov 2024 22:32:32 GMT -
Rating 5
- Innovation -4
- Information 8
- Rumor -3
