BORGWARNER INC
boothcheck covers BORGWARNER INC (BWA) but does not put one priced-in number on it: here the defensible answer is the evidence rather than a point estimate. boothcheck publishes no house fair value, target price, or buy/sell rating. Narrative composed July 25, 2026.
• Roughly 82% of what BorgWarner sells is foundational combustion and drivetrain product, with eProducts the remaining 18%, and it is the eProducts side that has been shrinking: the company guides to a further decline of about $210 million in Battery Energy Systems sales during 2026 [Source: BorgWarner first-quarter 2026 earnings release, May 6, 2026]. • Concentration is the structural risk, and the 10-K quantifies it: sales to the company's top ten customers represented 71% of sales for the yea
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689 institutional managers reported holding BWA in 13F filings for the quarter ended 2026-03-31. 102 opened new positions that quarter. Held by BlackRock, Vanguard Group, Dimensional Fund Advisors, among others. On the short side, 9.7M shares were sold short as of the 2026-06-15 count, about 5% of shares outstanding (2.8 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
BWA has cut its share count 24.1% over the past five years, spending $1.48B on repurchases. It pays a dividend, and has for 13 years running; the current rate is $0.56 a share annually. Cash returned over the past three years: $303.00M in dividends and $1.24B in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
No open-market insider buys on file at BWA over the trailing three years. Absence is a fact about the company, not a signal. 18 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
BWA's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-03 | -10.9% | -6.6% |
| 2023-11-03 | -10.1% | +4.9% |
| 2024-02-09 | -6.0% | +5.3% |
| 2024-05-03 | +10.9% | -14.1% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
BWA's latest 8-K filings: 2026-09-04 (items 7.01); 2026-08-10 (items 7.01, 9.01); 2026-08-05 (items 2.02, 9.01); 2026-07-31 (items 5.02, 7.01, 9.01); 2026-05-28 (items 5.02).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: July 25, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.