Impressive Results and Improved Guidance Lifted BorgWarner (BWA) in Q3

Core Insights - Cullen Capital Management's SCCM Value Equity Strategy reported a gross return of 6.9% and a net return of 6.8% for Q3 2025, outperforming the Russell 1000 Value's 5.3% and the S&P 500's 8.1% during the same period [1] - Year-to-date, the strategy achieved a gross return of 13.0%, compared to the Russell 1000 Value's 11.7% and the S&P 500's 14.8% [1] Company Highlights: BorgWarner Inc. (NYSE:BWA) - BorgWarner Inc. reported a one-month return of -1.37% but a significant 27.70% increase over the last 52 weeks, with a market capitalization of $9.329 billion as of November 19, 2025 [2] - The company delivered second-quarter results that exceeded expectations, leading to a raised full-year guidance, and announced new programs in Europe and North America, including its first hybrid platform award [3] - BorgWarner raised its quarterly dividend by 55%, indicating strong cash generation and commitment to shareholder returns [3] - In Q3 2025, BorgWarner reported approximately $3.6 billion in sales, reflecting a 2% year-over-year increase, excluding foreign exchange [4]