Erste Group Bank Reduces Earnings Estimates for Bae Systems

Bae Systems PLC (OTCMKTS:BAESY) – Equities research analysts at Erste Group Bank decreased their FY2026 earnings per share estimates for Bae Systems in a note issued to investors on Friday, June 5th. Erste Group Bank analyst H. Engel now forecasts that the aerospace company will earn $4.42 per share for the year, down from their previous estimate of $4.48. The consensus estimate for Bae Systems’ current full-year earnings is $4.56 per share. Erste Group Bank also issued estimates for Bae Systems’ FY2027 earnings at $5.05 EPS.

Separately, Jefferies Financial Group reaffirmed a “hold” rating on shares of Bae Systems in a report on Wednesday, February 18th. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Bae Systems currently has an average rating of “Hold”.

Bae Systems Stock Performance

OTCMKTS:BAESY opened at $103.85 on Thursday. The company has a quick ratio of 0.87, a current ratio of 0.99 and a debt-to-equity ratio of 0.60. The stock’s 50 day moving average price is $111.11 and its two-hundred day moving average price is $107.46. Bae Systems has a twelve month low of $84.50 and a twelve month high of $126.00.

Hedge Funds Weigh In On Bae Systems

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BAESY. Hantz Financial Services Inc. grew its holdings in shares of Bae Systems by 73.0% during the 3rd quarter. Hantz Financial Services Inc. now owns 327 shares of the aerospace company’s stock worth $36,000 after purchasing an additional 138 shares in the last quarter. Atlas Capital Advisors Inc. bought a new stake in Bae Systems during the fourth quarter worth about $98,000. PNC Financial Services Group Inc. lifted its holdings in shares of Bae Systems by 9.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,690 shares of the aerospace company’s stock worth $157,000 after acquiring an additional 140 shares during the period. Riverbridge Partners LLC bought a new stake in shares of Bae Systems during the 1st quarter worth approximately $221,000. Finally, Kingswood Wealth Advisors LLC acquired a new stake in shares of Bae Systems during the 4th quarter worth approximately $250,000. 0.21% of the stock is owned by institutional investors and hedge funds.

Bae Systems Company Profile

BAE Systems plc is a global defense, security and aerospace company that designs, develops and manufactures a broad range of military and related products and services. Formed in 1999 through the combination of British Aerospace and Marconi Electronic Systems, the company supplies platforms, systems and support across air, land, maritime and cyber domains. Its portfolio spans combat and support aircraft systems, naval shipbuilding and subsystems, armored and land combat solutions, electronic and sensor systems, munitions, and intelligence, surveillance and cybersecurity capabilities.

BAE Systems serves government and military customers worldwide, with particularly large footprints in the United Kingdom and the United States as well as operations and sales across Europe, the Middle East, Australia and other markets.