Multiple investment firms increased holdings in BorgWarner Inc. (BWA), possibly contributing to a 25% surge in share values. Some, like UBS and Baird, optimistically revised their price targets upwards. Even as Schonfeld Strategic Advisors, Comerica Bank, and Frontier Capital Management significantly increased their stakes, some others such as Algert Global, Axa S.A., and Ariel Investments decreased their holdings in the firm.
BorgWarner reported robust Q1 2025 earnings beating revenue estimates partly due to strong sales growth and strategic initiatives. The company also announced plans to exit the charging business but committed to developing new areas across its portfolio. Rapid expansion of Dual Clutch Module and eMoto sectors spearheaded by contracts for popular Trucks and SUVs accelerated further growth. Key contracts also included High-Voltage Coolant Heater and 400V eMotor production supply.
Significant guidance adjustments followed this solid performance- hiking FY25 sales predictions and revising the full year 2025 earnings. BorgWarner declared a dividend of 0.11 for June 16 and was also named among the Top 10 Most Trusted Auto Companies.
Borgwarner BWA News Analytics from Mon, 30 Dec 2024 08:00:00 GMT to Sat, 10 May 2025 22:10:52 GMT - Rating 7 - Innovation 6 - Information 8 - Rumor 6
