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Bae Systems PLC (OTCMKTS:BAESY – Free Report) – Erste Group Bank increased their FY2026 earnings per share estimates for shares of Bae Systems in a report issued on Wednesday, August 5th. Erste Group Bank analyst H. Engel now forecasts that the aerospace company will post earnings of $4.52 per share for the year, up from their previous forecast of $4.41. Erste Group Bank has a “Hold” rating on the stock. The consensus estimate for Bae Systems’ current full-year earnings is $4.56 per share. Erste Group Bank also issued estimates for Bae Systems’ FY2027 earnings at $5.13 EPS.
BAESY has been the topic of a number of other reports. Kepler Capital Markets upgraded shares of Bae Systems from a “hold” rating to a “buy” rating in a research report on Wednesday, June 24th. Royal Bank Of Canada assumed coverage on shares of Bae Systems in a research report on Tuesday. They set a “sector perform” rating for the company. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Bae Systems in a report on Thursday, June 25th. Three analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.
Bae Systems Stock Up 1.1%
Bae Systems stock opened at $121.36 on Tuesday. The stock has a 50 day moving average of $103.83 and a two-hundred day moving average of $109.88. Bae Systems has a twelve month low of $84.50 and a twelve month high of $126.00. The company has a quick ratio of 0.87, a current ratio of 0.99 and a debt-to-equity ratio of 0.60.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in BAESY. Atlas Capital Advisors Inc. acquired a new stake in shares of Bae Systems in the fourth quarter valued at approximately $98,000. PNC Financial Services Group Inc. increased its position in Bae Systems by 9.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,690 shares of the aerospace company’s stock worth $157,000 after buying an additional 140 shares in the last quarter. Riverbridge Partners LLC acquired a new position in shares of Bae Systems in the first quarter worth $221,000. Kingswood Wealth Advisors LLC purchased a new stake in shares of Bae Systems in the fourth quarter valued at $250,000. Finally, Pinnacle Wealth Management Advisory Group LLC purchased a new stake in shares of Bae Systems in the first quarter valued at $307,000. Institutional investors and hedge funds 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.
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