Potomac Capital Management Inc. acquired a new position in shares of Babcock (NYSE:BW – Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 64,000 shares of the technology company’s stock, valued at approximately $406,000. Potomac Capital Management Inc. owned approximately 0.06% of Babcock at the end of the most recent quarter.
Other hedge funds and other institutional investors have also modified their holdings of the company. Huntington National Bank raised its holdings in shares of Babcock by 400,000.0% during the fourth quarter. Huntington National Bank now owns 4,001 shares of the technology company’s stock worth $25,000 after acquiring an additional 4,000 shares in the last quarter. State of Wyoming raised its holdings in shares of Babcock by 88.7% during the fourth quarter. State of Wyoming now owns 10,499 shares of the technology company’s stock worth $67,000 after acquiring an additional 4,936 shares in the last quarter. Centiva Capital LP purchased a new stake in shares of Babcock during the third quarter worth $31,000. Raymond James Financial Inc. raised its holdings in shares of Babcock by 11,311.3% during the third quarter. Raymond James Financial Inc. now owns 12,096 shares of the technology company’s stock worth $35,000 after acquiring an additional 11,990 shares in the last quarter. Finally, LPL Financial LLC purchased a new stake in shares of Babcock during the fourth quarter worth $80,000. 83.17% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several analysts recently issued reports on the company. Craig Hallum reiterated a “buy” rating and set a $19.00 price objective on shares of Babcock in a report on Tuesday, March 17th. Wall Street Zen downgraded shares of Babcock from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Weiss Ratings reissued a “sell (d-)” rating on shares of Babcock in a research report on Monday, April 20th. Finally, Northland Securities set a $23.00 target price on shares of Babcock in a research report on Tuesday, May 12th. Three equities research 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. According to MarketBeat, Babcock currently has a consensus rating of “Hold” and a consensus target price of $14.25.
More Babcock News
Here are the key news stories impacting Babcock this week:
- Positive Sentiment: Babcock & Wilcox announced it will support TerraSpark’s development efforts for a planned 1.6 GW coal-fired power plant project in West Virginia, a potential contract/opportunity that may help the company’s energy-services pipeline. Article Title
- Neutral Sentiment: The company also declared a dividend on its Series A preferred shares, which is generally a routine capital-return update and not likely to materially change the stock’s near-term direction. Article Title
- Negative Sentiment: Multiple law firms announced a class action and repeated deadline reminders for BW investors who bought shares between November 5, 2025 and March 11, 2026, signaling ongoing legal overhang and investor concern about alleged securities-law violations. Article Title
Insider Activity
In other Babcock news, CEO Kenneth M. Young purchased 7,000 shares of the stock in a transaction dated Wednesday, March 18th. The shares were bought at an average cost of $15.14 per share, with a total value of $105,980.00. Following the completion of the transaction, the chief executive officer owned 1,656,512 shares in the company, valued at $25,079,591.68. This trade represents a 0.42% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 2.80% of the company’s stock.
Babcock Stock Performance
Shares of NYSE:BW opened at $15.55 on Wednesday. The company has a market cap of $2.31 billion, a P/E ratio of -17.67 and a beta of 1.10. The stock’s 50-day moving average is $17.33 and its 200-day moving average is $11.82. Babcock has a 52-week low of $0.87 and a 52-week high of $22.03.
Babcock (NYSE:BW – Get Free Report) last issued its quarterly earnings results on Monday, May 11th. The technology company reported ($0.60) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.57). The firm had revenue of $214.41 million during the quarter, compared to the consensus estimate of $149.72 million. As a group, equities analysts predict that Babcock will post 0.29 EPS for the current year.
About Babcock
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.
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