Dorsey Wright & Associates Acquires Shares of 97,274 Rolls-Royce Holdings PLC $RYCEY

Key Points

• Dorsey Wright & Associates acquired 97,274 shares of Rolls‑Royce (OTCMKTS:RYCEY) in Q3, valued at approximately $1.56 million.
• Bowen Hanes & Co. significantly boosted its stake by 1,211,310 shares to 4,043,310 shares (~$54.1 million), one of several notable institutional moves reported.
• Analyst coverage: Royal Bank of Canada initiated coverage with an "outperform" rating, and the stock's consensus from MarketBeat is a "Moderate Buy" (two Buys, two Holds).

Dorsey Wright & Associates acquired a new stake in Rolls-Royce Holdings PLC (OTCMKTS:RYCEY - Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 97,274 shares of the aerospace company's stock, valued at approximately $1,558,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Rhumbline Advisers raised its holdings in shares of Rolls-Royce Holdings PLC by 1.5% during the second quarter. Rhumbline Advisers now owns 82,415 shares of the aerospace company's stock worth $1,103,000 after purchasing an additional 1,205 shares during the last quarter. Bowen Hanes & Co. Inc. grew its position in Rolls-Royce Holdings PLC by 42.8% during the 2nd quarter. Bowen Hanes & Co. Inc. now owns 4,043,310 shares of the aerospace company's stock worth $54,099,000 after purchasing an additional 1,211,310 shares during the period. GAMMA Investing LLC grew its position in Rolls-Royce Holdings PLC by 8.8% during the 3rd quarter. GAMMA Investing LLC now owns 37,471 shares of the aerospace company's stock worth $607,000 after purchasing an additional 3,028 shares during the period. Salomon & Ludwin LLC raised its stake in shares of Rolls-Royce Holdings PLC by 2,646.8% during the 3rd quarter. Salomon & Ludwin LLC now owns 3,049 shares of the aerospace company's stock valued at $48,000 after buying an additional 2,938 shares during the last quarter. Finally, ORG Partners LLC raised its stake in shares of Rolls-Royce Holdings PLC by 115.3% during the 3rd quarter. ORG Partners LLC now owns 1,970 shares of the aerospace company's stock valued at $32,000 after buying an additional 1,055 shares during the last quarter. Institutional investors and hedge funds own 0.07% of the company's stock.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada initiated coverage on Rolls-Royce Holdings PLC in a research note on Tuesday, November 18th. They issued an "outperform" rating on the stock. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy".

Rolls-Royce Holdings PLC Price Performance

OTCMKTS:RYCEY opened at $16.82 on Wednesday. The company has a quick ratio of 0.94, a current ratio of 1.20 and a debt-to-equity ratio of 1.03. The company has a 50 day moving average price of $17.44 and a 200-day moving average price of $15.98. Rolls-Royce Holdings PLC has a 1-year low of $8.01 and a 1-year high of $18.98.

About Rolls-Royce Holdings PLC

Rolls-Royce Holdings plc is a UK-based multinational engineering company that designs, manufactures and services power systems for the civil and defence aerospace, marine and energy markets. The company's core activities include the development and production of turbine engines for commercial and military aircraft, propulsion and power systems for naval vessels, and industrial gas turbines for power generation and distributed energy applications. A significant portion of its business is focused on aftermarket support, providing maintenance, repair and overhaul (MRO) services and long-term service agreements to customers worldwide.

In aerospace, Rolls‑Royce is best known for its high-thrust turbofan engines used on widebody and regional aircraft, supported by comprehensive service programs and digital monitoring solutions that optimize engine health and operational availability.

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