Pekin Hardy Strauss Inc. Invests $735,000 in Borr Drilling Limited $BORR

Pekin Hardy Strauss Inc. bought a new position in shares of Borr Drilling Limited (NYSE:BORR) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 273,250 shares of the company’s stock, valued at approximately $735,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. AQR Capital Management LLC purchased a new stake in Borr Drilling during the 1st quarter worth about $476,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Borr Drilling by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 140,927 shares of the company’s stock worth $309,000 after acquiring an additional 6,012 shares in the last quarter. Millennium Management LLC lifted its stake in Borr Drilling by 1,025.5% during the first quarter. Millennium Management LLC now owns 3,810,556 shares of the company’s stock worth $8,345,000 after purchasing an additional 3,471,979 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in Borr Drilling in the first quarter valued at approximately $186,000. Finally, R Squared Ltd purchased a new position in Borr Drilling in the second quarter valued at approximately $35,000. 83.12% of the stock is currently owned by institutional investors and hedge funds.

Borr Drilling Price Performance

Shares of NYSE BORR opened at $5.96 on Friday. The stock has a market cap of $1.88 billion, a P/E ratio of 35.03 and a beta of 1.11. Borr Drilling Limited has a twelve month low of $1.55 and a twelve month high of $6.07. The stock has a 50 day moving average of $4.56 and a two-hundred day moving average of $3.54. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 1.70.

Analyst Ratings Changes

Several brokerages have recently weighed in on BORR. Weiss Ratings restated a “hold (c-)” rating on shares of Borr Drilling in a research report on Wednesday, January 21st. Citigroup reiterated a “neutral” rating and set a $6.00 price target (up from $4.60) on shares of Borr Drilling in a research note on Thursday, February 12th. Four research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $4.20.

More Borr Drilling News

Here are the key news stories impacting Borr Drilling this week:

• Positive Sentiment: Completed acquisition of five premium jack‑up rigs from Noble (purchase price disclosed at $360M, closed Jan 2026), expanding fleet scale and long‑term revenue capacity. Borr Drilling Q4 2025 Results (PR Newswire)
• Positive Sentiment: Very strong operational metrics and backlog: technical utilization ~98.8%, economic utilization ~97.8%, and 24 new contract commitments in 2025 representing ~5,000+ days and ~$649M of dayrate‑equivalent backlog — supports 2026 revenue visibility. Borr Drilling Q4 2025 Results (PR Newswire)
• Neutral Sentiment: Company hosted Q4 presentation/earnings call; full transcripts and slides are available for investors to review management’s guidance and Q&A. Q4 2025 Presentation (PR Newswire)
• Negative Sentiment: Q4 weakness: total operating revenues $259.4M (down vs prior quarter), Q4 net loss ~$1.0M and Adjusted EBITDA down ~22% QoQ; FY‑2025 net income and adjusted EBITDA both declined vs 2024 — results flagged as a sign of near‑term market softness. Borr Drilling Q4 2025 Results (PR Newswire)
• Negative Sentiment: Financing/dilution concerns: company completed a $165M 10.375% senior secured notes offering (due 2030) and an equity offering of 21M shares at $4.00 ($84M gross) to help fund the Noble deal — raises leverage and causes dilution, which likely pressured sentiment. Borr Drilling Q4 2025 Results (PR Newswire)
• Negative Sentiment: Market/sector context: press coverage and analyst commentary highlight market softness for jack‑up rigs and note other drillers’ results slipping into the red — a sector backdrop that amplifies reaction to Borr’s softer quarter. Borr shares fall as Q4 results reflect market softness (Investing.za) Global jack-up driller results slip (UpstreamOnline)

About Borr Drilling

Borr Drilling is an international offshore drilling contractor providing premium jack-up drilling services to the oil and gas industry. Established in 2016 and incorporated in Bermuda with headquarters in Hamilton, the company is listed on the New York Stock Exchange under the ticker symbol BORR. Borr Drilling focuses exclusively on the ownership and operation of mobile offshore jack-up rigs, catering to exploration and production drilling projects in both mature and emerging hydrocarbon regions.

The company’s core business activities encompass the long-term contracting of high-specification jack-up rigs suitable for shallow-to-intermediate water depths.