Short Interest in Babcock (NYSE:BW) Expands By 28.4%

Babcock (NYSE:BW) was the recipient of a large increase in short interest in February. As of February 13th, there was short interest totaling 3,703,612 shares, an increase of 28.4% from the January 29th total of 2,885,509 shares. Based on an average daily trading volume, of 3,018,332 shares, the days-to-cover ratio is currently 1.2 days. Currently, 3.5% of the shares of the stock are short sold. Currently, 3.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 3,018,332 shares, the days-to-cover ratio is currently 1.2 days.

Key Stories Impacting Babcock

Here are the key news stories impacting Babcock this week:

• Positive Sentiment: Babcock received a full notice to proceed on a $2.4 billion power‑generation project to supply ~1.2 GW of capacity for Applied Digital AI factory campuses via Base Electron — a multi‑year, high‑value contract that meaningfully increases backlog and future revenue visibility. Business Wire: Full Notice to Proceed
• Positive Sentiment: Major outlets (Reuters, Crain’s, Seeking Alpha) reported the formal approval and equipment‑setup nod for the $2.4B project, reinforcing credibility and press coverage that helped lift the stock. Reuters: Project Approval
• Positive Sentiment: Q4 revenue came in ahead of expectations ($161M vs. ~$155.6M est.), and company commentary highlighted stronger 2025 performance and debt reduction — supportive for cash flow and credit metrics. Business Wire: Q4 & Full‑Year Results
• Neutral Sentiment: Market coverage and analyst writeups (Benzinga, The Motley Fool, AAII summaries) drove visibility and trading momentum but largely repeated the same news (the $2.4B project + Q4 release). These articles likely amplified flows but didn’t add new fundamentals. Fool: Why Stock Rocketed
• Negative Sentiment: EPS missed consensus by $0.01 (reported -$0.05 vs. -$0.04 expected), meaning the company remains unprofitable on a GAAP basis; that limits valuation multiples and could temper upside if margins don’t improve. Press Release: Q4 Results (PDF)

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Zacks Research raised Babcock to a “hold” rating in a research report on Friday, January 23rd. Northland Securities started coverage on Babcock in a report on Thursday, January 22nd. They issued an “outperform” rating and a $10.00 price target for the company. Wall Street Zen raised shares of Babcock from a “sell” rating to a “hold” rating in a research note on Saturday, November 8th. Lake Street Capital reissued a “buy” rating and issued a $9.00 target price on shares of Babcock in a research report on Wednesday, November 5th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Babcock in a report on Wednesday, January 21st. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Babcock has an average rating of “Hold” and an average price target of $8.00.

Insider Transactions at Babcock

In other Babcock news, major shareholder Brc Group Holdings, Inc. sold 1,155,382 shares of the stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $9.00, for a total transaction of $10,398,438.00. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 3.90% of the company’s stock.

Institutional Investors Weigh In On Babcock

A number of large investors have recently added to or reduced their stakes in the company. Huntington National Bank boosted its position in Babcock by 400,000.0% in the 4th quarter. Huntington National Bank now owns 4,001 shares of the technology company’s stock valued at $25,000 after buying an additional 4,000 shares during the last quarter. State of Wyoming boosted its holdings in Babcock by 88.7% in the fourth quarter. State of Wyoming now owns 10,499 shares of the technology company’s stock valued at $67,000 after purchasing an additional 4,936 shares during the last quarter. Centiva Capital LP purchased a new position in Babcock in the third quarter valued at about $31,000. Raymond James Financial Inc. grew its stake in Babcock by 11,311.3% during the 3rd quarter. Raymond James Financial Inc. now owns 12,096 shares of the technology company’s stock valued at $35,000 after purchasing an additional 11,990 shares in the last quarter. Finally, LPL Financial LLC purchased a new stake in Babcock during the 4th quarter worth approximately $80,000. 83.17% of the stock is owned by institutional investors and hedge funds.

Babcock Stock Up 45.7%

Babcock stock opened at $11.80 on Thursday. The firm has a fifty day moving average of $8.58 and a 200-day moving average of $5.64. Babcock has a 52-week low of $0.22 and a 52-week high of $12.03. The firm has a market capitalization of $1.31 billion, a P/E ratio of -9.08 and a beta of 1.54.

Babcock (NYSE:BW) last announced its quarterly earnings results on Monday, March 16th. The technology company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.01). The company had revenue of $161.00 million during the quarter, compared to analysts’ expectations of $155.60 million.

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.