Babcock (NYSE:BW) Director Philip Moeller Buys 3,000 Shares of Company Stock

Babcock (NYSE:BW) Director Philip Moeller acquired 3,000 shares of the company’s stock in a transaction dated Thursday, November 12th. The shares were bought at an average cost of $4.65 per share, for a total transaction of $13,950.00. Following the completion of the acquisition, the director directly owned 243,809 shares of the company’s stock, valued at approximately $1,133,711.85. The trade was a 1.25% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Babcock Stock Performance

Shares of NYSE BW traded down $0.32 during mid-day trading on Friday, hitting $4.54. The stock had a trading volume of 5,552,772 shares, compared to its average volume of 5,391,655. The firm has a market cap of $661.05 million, a PE ratio of -9.88 and a beta of 1.24. The company has a debt-to-equity ratio of 2.08, a quick ratio of 1.33 and a current ratio of 1.79. The company has a 50 day moving average of $5.46 and a two-hundred day moving average of $11.19. Babcock has a twelve month low of $3.07 and a twelve month high of $22.03.

Institutional Investors Weigh In On Babcock

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada boosted its position in Babcock by 57.3% in the 1st quarter. Royal Bank of Canada now owns 1,785 shares of the technology company’s stock worth $26,000 after purchasing an additional 650 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Babcock by 3.0% during the 1st quarter. Bank of New York Mellon Corp now owns 55,733 shares of the technology company’s stock valued at $819,000 after purchasing an additional 1,604 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new position in shares of Babcock during the 2nd quarter valued at approximately $25,000. Chicago Partners Investment Group LLC lifted its stake in shares of Babcock by 30.6% in the 1st quarter. Chicago Partners Investment Group LLC now owns 13,057 shares of the technology company’s stock valued at $208,000 after purchasing an additional 3,057 shares during the period. Finally, SummitTX Capital L.P. lifted its stake in shares of Babcock by 34.1% in the 1st quarter. SummitTX Capital L.P. now owns 17,842 shares of the technology company’s stock valued at $262,000 after purchasing an additional 4,538 shares during the period. 83.17% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Wall Street Zen downgraded Babcock from a “buy” rating to a “hold” rating in a report on Sunday, August 23rd. Weiss Ratings reiterated a “sell (d+)” rating on shares of Babcock in a research report on Wednesday, November 4th. Finally, Needham & Company LLC cut their price target on shares of Babcock from $20.00 to $15.00 and set a “buy” rating on the stock in a report on Tuesday, November 10th. Three investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $19.00.

Key Babcock News

These are some of the BW news items that stood out recently:

• Positive Sentiment: Insiders made several recent purchases: CEO Kenneth Young bought 10,000 shares at $4.35, directors Joseph Tato and Philip Moeller bought 10,000 and 3,000 shares, respectively, and major shareholder BRC Group Holdings acquired 130,000 shares at $4.98. The cluster of buying may signal confidence in the company. CEO SEC filing BRC SEC filing
• Positive Sentiment: Northland Securities raised its FY2026 EPS estimate to $0.79 from $0.27 and its FY2027 estimate to $0.56 from $0.54, a potentially supportive revision to earnings expectations.
• Negative Sentiment: Analyst price-target and fair-value reductions weighed on sentiment. Needham cut its target to $15 from $20 but maintained a Buy rating; another report also flagged reduced fair value after target trims. Needham target report Fair-value report

Babcock Company Profile

Babcock & Wilcox Enterprises, Inc. is an energy and environmental technology company serving power, industrial and municipal customers. Its offerings include steam-generation equipment, emissions-control systems and related engineering, construction, maintenance and aftermarket services. The company also develops technologies for renewable and waste-to-energy applications, including systems that use biomass and municipal solid waste to produce energy. Its environmental technologies help customers manage emissions and other byproducts from energy and industrial processes.