Bleakley Financial Group LLC purchased a new position in Bowhead Specialty Holdings Inc. (NYSE:BOW – Free Report) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 38,049 shares of the company’s stock, valued at approximately $1,086,000.
Other institutional investors and hedge funds have also recently modified their holdings of the company. CWM LLC lifted its holdings in shares of Bowhead Specialty by 257.7% in the fourth quarter. CWM LLC now owns 1,481 shares of the company’s stock worth $42,000 after buying an additional 1,067 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Bowhead Specialty in the second quarter worth about $52,000. Tower Research Capital LLC TRC raised its stake in Bowhead Specialty by 99.0% in the second quarter. Tower Research Capital LLC TRC now owns 1,926 shares of the company’s stock valued at $72,000 after purchasing an additional 958 shares in the last quarter. Signaturefd LLC raised its stake in Bowhead Specialty by 5,123.4% in the fourth quarter. Signaturefd LLC now owns 3,343 shares of the company’s stock valued at $95,000 after purchasing an additional 3,279 shares in the last quarter. Finally, Quarry LP raised its stake in Bowhead Specialty by 19,489.5% in the third quarter. Quarry LP now owns 3,722 shares of the company’s stock valued at $101,000 after purchasing an additional 3,703 shares in the last quarter.
Bowhead Specialty Stock Performance
Shares of Bowhead Specialty stock opened at $26.66 on Friday. The firm has a market capitalization of $875.46 million, a P/E ratio of 15.41, a P/E/G ratio of 0.81 and a beta of -0.15. The business has a fifty day simple moving average of $24.84 and a two-hundred day simple moving average of $25.49. Bowhead Specialty Holdings Inc. has a 12 month low of $21.21 and a 12 month high of $37.98. The company has a current ratio of 0.47, a quick ratio of 0.47 and a debt-to-equity ratio of 0.32.
Wall Street Analyst Weigh In
Several research firms have commented on BOW. Royal Bank Of Canada decreased their price target on shares of Bowhead Specialty from $33.00 to $30.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 25th. Citizens Jmp decreased their price target on shares of Bowhead Specialty from $38.00 to $35.00 and set a “market outperform” rating on the stock in a research note on Monday, April 13th. Weiss Ratings downgraded shares of Bowhead Specialty from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday. Zacks Research upgraded shares of Bowhead Specialty from a “strong sell” rating to a “hold” rating in a report on Tuesday, February 24th. Finally, Piper Sandler boosted their price objective on shares of Bowhead Specialty from $28.00 to $32.00 and gave the company an “overweight” rating in a research report on Tuesday. Five equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Bowhead Specialty currently has an average rating of “Moderate Buy” and an average target price of $31.43.
Check Out Our Latest Report on Bowhead Specialty
Bowhead Specialty Company Profile
Bowhead Specialty Holdings Inc provides specialty property and casualty insurance products in the United States. It underwrites casualty insurance solutions for risks in the construction, distribution, heavy manufacturing, real estate, and hospitality segments; professional liability insurance solutions for financial institutions, private and public directors and officers liability insurance, errors and omissions liability insurance, and cyber segments; and healthcare solutions for hospitals, senior care providers, managed care organizations, miscellaneous medical facilities, and healthcare management liability segments.
Further Reading
- Five stocks we like better than Bowhead Specialty
- Shares Fall, Targets Rise—Markets and Analysts Diverge on Synopsys
- Salesforce Stock Finds Support as AI Momentum Builds
- Dollar Tree Keeps Winning After Family Dollar Divorce
- Apple’s Agentic AI Plans Could Be Its Biggest Growth Story Yet
Want to see what other hedge funds are holding BOW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bowhead Specialty Holdings Inc. (NYSE:BOW – Free Report).
Receive News & Ratings for Bowhead Specialty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bowhead Specialty and related companies with MarketBeat.com's FREE daily email newsletter.
