Babcock (NYSE:BW) Major Shareholder Brc Group Holdings, Inc. Acquires 130,000 Shares of Stock

Babcock (NYSE:BW) major shareholder Brc Group Holdings, Inc. acquired 130,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 11th. The stock was purchased at an average cost of $4.98 per share, with a total value of $647,400.00. Following the completion of the purchase, the insider directly owned 103,810 shares in the company, valued at $516,973.80. This represents a -496.37% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Babcock Stock Up 8.3%

Babcock stock opened at $4.85 on Thursday. Babcock has a fifty-two week low of $3.07 and a fifty-two week high of $22.03. The firm has a market capitalization of $706.01 million, a price-to-earnings ratio of -10.55 and a beta of 1.24. The stock’s fifty day moving average is $5.56 and its two-hundred day moving average is $11.25. The company has a debt-to-equity ratio of 2.08, a quick ratio of 1.33 and a current ratio of 1.79.

Babcock (NYSE:BW) last released its quarterly earnings results on Monday, August 10th. The technology company reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.02. The business had revenue of $319.72 million during the quarter, compared to the consensus estimate of $196.95 million. Babcock had a negative return on equity of 36.52% and a net margin of 4.11%. Analysts predict that Babcock will post 0.27 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Weiss Ratings reiterated a “sell (d+)” rating on shares of Babcock in a research report on Wednesday, November 4th. Wall Street Zen downgraded Babcock from a “buy” rating to a “hold” rating in a research report on Sunday, August 23rd. Finally, Needham & Company LLC dropped their price target on Babcock from $20.00 to $15.00 and set a “buy” rating for the company in a research report on Tuesday. Three analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Babcock has an average rating of “Hold” and a consensus target price of $19.00.

Institutional Trading of Babcock

A number of hedge funds have recently bought and sold shares of BW. Arrowstreet Capital Limited Partnership raised its holdings in Babcock by 777.3% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,974,324 shares of the technology company’s stock valued at $43,693,000 after acquiring an additional 2,635,304 shares during the last quarter. Situational Awareness LP grew its position in shares of Babcock by 49.7% in the second quarter. Situational Awareness LP now owns 2,027,451 shares of the technology company’s stock valued at $28,587,000 after purchasing an additional 673,551 shares during the period. Wellington Management Group LLP purchased a new stake in shares of Babcock in the second quarter valued at $18,260,000. Bank of America Corp DE grew its position in shares of Babcock by 1,743.7% in the first quarter. Bank of America Corp DE now owns 1,096,502 shares of the technology company’s stock valued at $16,108,000 after purchasing an additional 1,037,028 shares during the period. Finally, Cooper Creek Partners Management LLC acquired a new position in Babcock in the first quarter valued at $15,205,000. Institutional investors and hedge funds own 83.17% of the company’s stock.

Babcock News Summary

Here’s some of the latest news about BW:

• Positive Sentiment: Traders bought 14,318 call options on Wednesday—228% above the average daily volume. This may signal increased bullish speculation, though options activity does not guarantee a share-price rise.
• Neutral Sentiment: Northland Securities’ projections show quarterly EPS rising from $0.09 in Q4 2026 to $0.19 in Q4 2027, but these are analyst estimates, not company guidance.
• Negative Sentiment: Northland lowered its Q4 2026 EPS forecast to $0.09 from $0.15, a near-term earnings-estimate cut that may concern investors.

Babcock Company Profile

Babcock & Wilcox Enterprises, Inc. is an energy and environmental technology company serving power, industrial and municipal customers. Its offerings include steam-generation equipment, emissions-control systems and related engineering, construction, maintenance and aftermarket services. The company also develops technologies for renewable and waste-to-energy applications, including systems that use biomass and municipal solid waste to produce energy. Its environmental technologies help customers manage emissions and other byproducts from energy and industrial processes.