GeoSphere Capital Management LLC Invests $5.58 Million in Borr Drilling Limited $BORR

GeoSphere Capital Management LLC acquired a new position in Borr Drilling Limited (NYSE:BORR) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 1,385,000 shares of the company’s stock, valued at approximately $5,582,000. Borr Drilling accounts for 1.8% of GeoSphere Capital Management LLC’s holdings, making the stock its 7th biggest position.

Several other institutional investors have also bought and sold shares of BORR. Sona Asset Management US LLC acquired a new stake in Borr Drilling in the third quarter worth about $17,180,000. DNB Asset Management AS lifted its holdings in Borr Drilling by 126.4% in the fourth quarter. DNB Asset Management AS now owns 8,771,876 shares of the company’s stock worth $35,351,000 after purchasing an additional 4,896,701 shares during the period. Millennium Management LLC lifted its holdings in Borr Drilling by 1,025.5% in 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 period. Masters Capital Management LLC lifted its holdings in Borr Drilling by 42.9% in the third quarter. Masters Capital Management LLC now owns 3,000,000 shares of the company’s stock worth $8,070,000 after purchasing an additional 900,000 shares during the period. Finally, HRT Financial LP lifted its holdings in Borr Drilling by 252.2% in the second quarter. HRT Financial LP now owns 887,379 shares of the company’s stock worth $1,623,000 after purchasing an additional 635,435 shares during the period. Institutional investors and hedge funds own 83.12% of the company’s stock.

Borr Drilling Price Performance

Shares of NYSE BORR opened at $5.51 on Monday. Borr Drilling Limited has a twelve month low of $1.57 and a twelve month high of $6.66. The company has a current ratio of 2.19, a quick ratio of 2.19 and a debt-to-equity ratio of 1.65. The company has a market capitalization of $1.74 billion, a price-to-earnings ratio of 36.73 and a beta of 1.04. The firm has a 50-day moving average of $5.71 and a two-hundred day moving average of $4.85.

Borr Drilling (NYSE:BORR) last issued its quarterly earnings results on Wednesday, May 20th. The company reported ($0.09) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.07). Borr Drilling had a net margin of 3.13% and a return on equity of 2.92%. The business had revenue of $247.00 million during the quarter, compared to analyst estimates of $253.35 million.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Weiss Ratings downgraded shares of Borr Drilling from a “hold (c)” rating to a “sell (d+)” rating in a report on Friday, March 27th. Citigroup upped their price objective on shares of Borr Drilling from $6.00 to $6.25 and gave the stock a “neutral” rating in a report on Wednesday, February 25th. Fearnley Fonds raised shares of Borr Drilling from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 21st. Finally, Wall Street Zen downgraded shares of Borr Drilling from a “hold” rating to a “sell” rating in a report on Saturday, April 18th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Borr Drilling currently has a consensus rating of “Hold” and an average price target of $4.33.

Key Headlines Impacting Borr Drilling

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

• Negative Sentiment: Borr Drilling reported Q1 EPS of -$0.09, missing analyst expectations of -$0.02, while revenue came in at $247.0 million, below the $253.35 million consensus. The quarter also showed a wider net loss of $29.0 million and lower adjusted EBITDA, which likely drove the stock lower. Article: Borr Drilling Limited Announces First Quarter 2026 Results
• Neutral Sentiment: The company said it completed the acquisition of five premium jack-up rigs from Noble and agreed to buy five more through a joint venture, expanding its fleet and long-term operating base. Article: Borr Drilling Limited Announces First Quarter 2026 Results
• Neutral Sentiment: Management highlighted that year-to-date 2026 it has secured 13 contract commitments worth more than 2,250 days and $274 million of dayrate-equivalent backlog, which supports future revenue visibility. Article: Borr Drilling Limited Announces First Quarter 2026 Results
• Neutral Sentiment: There was also unusual options activity, with call volume surging above average, suggesting some traders are positioning for a rebound or higher volatility around the earnings release. Article: BORR stock sinks post Q1, but the CEO sees a silver lining with the Middle East conflict
• Positive Sentiment: The CEO pointed to the Middle East conflict as a potential tailwind for offshore drilling demand, since geopolitical tensions can support higher rig utilization and pricing. Article: BORR stock sinks post Q1, but the CEO sees a silver lining with the Middle East conflict

Borr Drilling Profile

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.