Erste Group Bank Boosts Earnings Estimates for Bae Systems

Bae Systems PLC (OTCMKTS:BAESY) – Stock analysts at Erste Group Bank raised their FY2026 earnings per share (EPS) estimates for Bae Systems in a research report issued to clients and investors on Wednesday, July 15th. Erste Group Bank analyst H. Engel now expects that the aerospace company will post earnings per share of $4.48 for the year, up from their previous forecast of $4.37. Erste Group Bank currently has a “Hold” rating on the stock. The consensus estimate for Bae Systems’ current full-year earnings is $4.55 per share. Erste Group Bank also issued estimates for Bae Systems’ FY2027 earnings at $5.11 EPS.

BAESY has been the subject of a number of other reports. Kepler Capital Markets raised shares of Bae Systems from a “hold” rating to a “buy” rating in a research report on Wednesday, June 24th. Morgan Stanley reaffirmed an “overweight” rating on shares of Bae Systems in a report on Thursday, June 25th. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Bae Systems Trading Up 1.9%

Shares of OTCMKTS BAESY opened at $102.74 on Monday. Bae Systems has a 52 week low of $84.50 and a 52 week high of $126.00. The business’s 50 day moving average price is $101.74 and its 200 day moving average price is $109.42. The company has a current ratio of 0.99, a quick ratio of 0.87 and a debt-to-equity ratio of 0.60.

Institutional Trading of Bae Systems

A number of hedge funds have recently modified their holdings of BAESY. Rhumbline Advisers grew its holdings in Bae Systems by 2.9% during the second quarter. Rhumbline Advisers now owns 5,643 shares of the aerospace company’s stock worth $593,000 after acquiring an additional 158 shares during the period. First Merchants Corp raised its position in Bae Systems by 3.6% during the fourth quarter. First Merchants Corp now owns 67,568 shares of the aerospace company’s stock valued at $6,231,000 after acquiring an additional 2,338 shares in the last quarter. Kingswood Wealth Advisors LLC acquired a new position in Bae Systems in the fourth quarter valued at approximately $250,000. Altrius Capital Management Inc boosted its position in Bae Systems by 5.5% in the 4th quarter. Altrius Capital Management Inc now owns 93,878 shares of the aerospace company’s stock worth $8,719,000 after purchasing an additional 4,911 shares in the last quarter. Finally, RNC Capital Management LLC boosted its position in Bae Systems by 4.2% in the 4th quarter. RNC Capital Management LLC now owns 5,655 shares of the aerospace company’s stock worth $525,000 after purchasing an additional 227 shares in the last quarter. Hedge funds and other institutional investors own 0.21% of the company’s stock.

About Bae Systems

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.