Babcock (NYSE:BW – Get Free Report) Director Philip Moeller bought 5,000 shares of the firm’s stock in a transaction dated Thursday, August 13th. The stock was purchased at an average price of $9.50 per share, with a total value of $47,500.00. Following the completion of the purchase, the director directly owned 240,809 shares of the company’s stock, valued at approximately $2,287,685.50. This trade represents a 2.12% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Babcock Price Performance
Babcock stock traded up $0.98 during midday trading on Friday, hitting $10.33. 7,470,759 shares of the stock were exchanged, compared to its average volume of 4,052,520. Babcock has a 1 year low of $1.40 and a 1 year high of $22.03. The firm has a market cap of $1.54 billion, a P/E ratio of -57.38 and a beta of 1.21. The company has a 50 day moving average price of $12.25 and a two-hundred day moving average price of $13.64.
Babcock (NYSE:BW – Get Free Report) last issued its quarterly earnings data on Monday, August 10th. The technology company reported $0.04 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.02. The firm had revenue of $319.69 million for the quarter, compared to analyst estimates of $196.95 million. Babcock had a negative net margin of 2.17% and a negative return on equity of 3.02%. As a group, analysts predict that Babcock will post 0.3 EPS for the current year.
Analyst Ratings Changes
Hedge Funds Weigh In On Babcock
A number of hedge funds have recently added to or reduced their stakes in BW. Legal & General Group Plc acquired a new stake in shares of Babcock during the third quarter worth $14,086,000. Arrowstreet Capital Limited Partnership grew its position in shares of Babcock by 777.3% during 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 buying an additional 2,635,304 shares during the last quarter. Marshall Wace LLP grew its position in shares of Babcock by 497.7% during the 3rd quarter. Marshall Wace LLP now owns 2,366,601 shares of the technology company’s stock valued at $6,863,000 after buying an additional 1,970,656 shares during the last quarter. Vanguard Group Inc. raised its stake in Babcock by 54.3% during the third quarter. Vanguard Group Inc. now owns 4,423,243 shares of the technology company’s stock worth $12,827,000 after acquiring an additional 1,556,692 shares during the period. Finally, Situational Awareness LP bought a new position in Babcock in the fourth quarter worth about $8,584,000. Institutional investors and hedge funds own 83.17% of the company’s stock.
Key Headlines 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
Babcock Company Profile
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.
Featured Stories
- Five stocks we like better than Babcock
- Sony and TSMC’s $4.7 Billion Venture Is About More Than Camera Sensors
- Quantum Leaps: Debt-Free as AI Storage Demand Accelerates
- NVIDIA’s $500 Billion GPU Financing Deal Fuels Path Toward $270
- Sandisk’s Margins Look Like Software. Can They Last?
Receive News & Ratings for Babcock Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Babcock and related companies with MarketBeat.com's FREE daily email newsletter.
