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Cairn Investment Group Buys New BorgWarner Stake Worth About $7.2M

BorgWarner logoBorgWarner
Sig1.85Sen+1.65Env0.00Soc0.00Gov0.00

Cairn Investment Group Inc. bought 108,925 shares of BorgWarner valued at about $7.23 million, while Ceredex Value Advisors LLC opened a smaller position worth about $40,000. BorgWarner also reported EPS of $1.42 and revenue of $3.65 billion for the quarter, both ahead of consensus. Goldman Sachs reiterated a buy rating with an $84 target, aligning with a Moderate Buy consensus.

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