Key Points
- Director Philip Moeller purchased 5,000 Babcock shares at $9.50 each, investing $47,500 and increasing his direct ownership by 2.12% to 240,809 shares.
- Babcock’s latest quarterly results exceeded expectations, with EPS of $0.04 versus $0.02 expected and revenue of $319.7 million versus the $197.0 million consensus estimate.
- Institutional ownership stands at 83.17%, while analyst sentiment remains mixed: the consensus rating is “Hold” with a $14.25 price target, despite some recent Buy ratings and increased institutional stakes.
Babcock (NYSE:BW - Get Free Report) Director Philip Moeller acquired 5,000 shares of Babcock stock in a transaction dated Thursday, August 13th. The shares were purchased at an average cost of $9.50 per share, with a total value of $47,500.00. Following the completion of the transaction, the director directly owned 240,809 shares of the company's stock, valued at $2,287,685.50. This trade represents a 2.12% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Babcock Trading Up 10.5%
NYSE BW opened at $10.33 on Friday. Babcock has a 52 week low of $1.40 and a 52 week high of $22.03. The company has a debt-to-equity ratio of 4.21, a quick ratio of 0.87 and a current ratio of 1.45. The stock's 50 day moving average price is $12.13 and its two-hundred day moving average price is $13.62. The stock has a market capitalization of $1.54 billion, a price-to-earnings ratio of -57.38 and a beta of 1.21.
Babcock (NYSE:BW - Get Free Report) last issued its quarterly earnings results on Monday, August 10th. The technology company reported $0.04 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.02. Babcock had a negative net margin of 2.17% and a negative return on equity of 4.51%. The company had revenue of $319.69 million during the quarter, compared to analysts' expectations of $196.95 million. As a group, analysts anticipate that Babcock will post 0.3 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Babcock
A number of institutional investors and hedge funds have recently modified their holdings of BW. Marshall Wace LLP lifted its stake in Babcock by 93.0% in the 2nd quarter. Marshall Wace LLP now owns 395,945 shares of the technology company's stock valued at $380,000 after purchasing an additional 190,814 shares during the last quarter. Nomura Holdings Inc. increased its position in Babcock by 58.2% during the second quarter. Nomura Holdings Inc. now owns 127,382 shares of the technology company's stock worth $123,000 after buying an additional 46,884 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of Babcock by 54.3% in the third quarter. Vanguard Group Inc. now owns 4,423,243 shares of the technology company's stock valued at $12,827,000 after buying an additional 1,556,692 shares during the last quarter. Jefferies Financial Group Inc. bought a new position in shares of Babcock during the 3rd quarter worth approximately $74,000. Finally, Legal & General Group Plc acquired a new position in shares of Babcock during the 3rd quarter worth approximately $14,086,000. 83.17% of the stock is owned by institutional investors.
Key Stories Impacting Babcock
Here are the key news stories impacting Babcock this week:
- Positive Sentiment: A fresh institutional disclosure placed Babcock & Wilcox among several “second-derivative” artificial-intelligence plays attracting investor attention. The disclosure appears to be the main catalyst behind the stock’s Friday strength, although the available report does not provide details on the institution or position size. AXT, T1 Energy and Babcock & Wilcox Soaring Higher On Friday
- Positive Sentiment: Insider activity was supportive after the company reported CEO buying on August 13. Investors may interpret the purchase as a signal that management sees value in the shares following their recent weakness. CEO’s Bold Insider Move Signals Growing Confidence at Babcock & Wilcox
- Positive Sentiment: Babcock’s latest quarterly results exceeded expectations, with earnings of $0.04 per share versus a $0.02 consensus estimate and revenue of approximately $319.7 million versus an expected $197.0 million. Northland Securities also issued a Buy rating, adding to the constructive sentiment. Babcock & Wilcox Gets a Buy from Northland Securities
- Neutral Sentiment: The stock’s trading volume was substantially above its average, indicating strong investor interest. Shares remain below their 50-day and 200-day moving averages, suggesting that the broader trend is still weak despite the recent rally.
- Negative Sentiment: Investors bought 9,536 put options, roughly 85% above average put volume. This may reflect increased bearish speculation or hedging demand.
- Negative Sentiment: Northland Securities slightly reduced its fiscal 2026 EPS forecast to $0.30 from $0.31. The new estimate matches consensus but signals limited near-term earnings upside. Babcock Q3 EPS Estimate Decreased by Northland Securities
Analysts Set New Price Targets
Several brokerages have recently weighed in on BW. Northland Securities set a $23.00 price objective on Babcock in a report on Tuesday, May 12th. Wall Street Zen upgraded Babcock from a "hold" rating to a "buy" rating in a research note on Saturday. Finally, Weiss Ratings raised Babcock from a "sell (d-)" rating to a "sell (d+)" rating in a report on Tuesday. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $14.25.
Get Our Latest Stock Report on BW
Babcock Company Profile
(
Get Free Report)
Babcock & Wilcox Enterprises, Inc (NYSE: BW) is a specialized provider of energy and environmental technologies and services serving power generation and heavy industrial markets. The company designs, manufactures and maintains critical components and systems that support the safe and efficient operation of both fossil-fuel and renewable power facilities. Its core offerings include industrial and utility boilers, environmental control systems for emissions reduction, and aftermarket support services ranging from inspection and maintenance to spare parts management.
In addition to its boiler and emissions control portfolio, Babcock & Wilcox Enterprises delivers lifecycle solutions aimed at enhancing plant performance and compliance.
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