StockNews.com upgraded shares of Babcock & Wilcox Enterprises (NYSE:BW – Free Report) from a sell rating to a hold rating in a research report sent to investors on Thursday morning.
Separately, Craig Hallum upped their price objective on Babcock & Wilcox Enterprises from $1.50 to $2.00 and gave the stock a hold rating in a research report on Monday, July 8th.
Read Our Latest Report on Babcock & Wilcox Enterprises
Babcock & Wilcox Enterprises Stock Performance
Institutional Trading of Babcock & Wilcox Enterprises
Several institutional investors and hedge funds have recently bought and sold shares of BW. Russell Investments Group Ltd. raised its holdings in Babcock & Wilcox Enterprises by 1,398,050.0% during the fourth quarter. Russell Investments Group Ltd. now owns 671,112 shares of the technology company’s stock worth $980,000 after acquiring an additional 671,064 shares in the last quarter. CastleKnight Management LP bought a new stake in Babcock & Wilcox Enterprises in the fourth quarter valued at approximately $744,000. Los Angeles Capital Management LLC raised its stake in Babcock & Wilcox Enterprises by 116.9% in the fourth quarter. Los Angeles Capital Management LLC now owns 746,421 shares of the technology company’s stock valued at $1,090,000 after buying an additional 402,350 shares during the period. Vanguard Group Inc. raised its stake in Babcock & Wilcox Enterprises by 11.6% in the first quarter. Vanguard Group Inc. now owns 3,379,556 shares of the technology company’s stock valued at $3,819,000 after buying an additional 352,607 shares during the period. Finally, Boston Partners bought a new stake in Babcock & Wilcox Enterprises in the fourth quarter valued at approximately $401,000. Institutional investors own 83.17% of the company’s stock.
Babcock & Wilcox Enterprises Company Profile
Babcock & Wilcox Enterprises, Inc, together with its subsidiaries, provides energy and emissions control solutions to industrial, electrical utility, municipal, and other customers worldwide. The company operates through three segments: Babcock & Wilcox Renewable; Babcock & Wilcox Environmental; and Babcock & Wilcox Thermal.
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