Mitsubishi UFJ Asset Management Co. Ltd. Acquires New Stake in Babcock $BW

Key Points

• Mitsubishi UFJ Asset Management opened a new position in Babcock, buying 89,550 shares worth about $569,000 in the fourth quarter. It ended the period owning roughly 0.08% of the company.
• Babcock’s stock was up 4.4% to $19.75, near its 52-week high, after a strong run that lifted its market cap to about $2.68 billion. Institutional investors still own a large majority of the shares, at 83.17%.
• The company’s latest earnings showed a big revenue beat but a profit miss: Q1 EPS was -$0.60 versus -$0.03 expected, while revenue came in at $214.41 million versus $149.72 million forecast. Analysts currently have a mixed view, with an average rating of Hold and an average price target of $14.25.

Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of Babcock (NYSE:BW - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 89,550 shares of the technology company's stock, valued at approximately $569,000. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.08% of Babcock at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Pekin Hardy Strauss Inc. purchased a new position in Babcock in the 4th quarter valued at about $111,000. UBS Group AG grew its holdings in shares of Babcock by 337.1% during the fourth quarter. UBS Group AG now owns 1,445,218 shares of the technology company's stock worth $9,163,000 after buying an additional 1,114,593 shares in the last quarter. Palumbo Wealth Management LLC raised its position in shares of Babcock by 38.1% in the fourth quarter. Palumbo Wealth Management LLC now owns 297,681 shares of the technology company's stock valued at $1,887,000 after buying an additional 82,118 shares during the last quarter. Sender Co & Partners Inc. purchased a new position in shares of Babcock during the third quarter valued at approximately $50,000. Finally, Qube Research & Technologies Ltd purchased a new position in shares of Babcock during the 3rd quarter worth $69,000. Institutional investors and hedge funds own 83.17% of the company's stock.

Babcock Stock Up 4.4%

Shares of BW opened at $19.75 on Wednesday. The firm has a market capitalization of $2.68 billion, a PE ratio of -22.44 and a beta of 1.08. The firm has a 50-day moving average price of $15.14 and a 200 day moving average price of $9.87. Babcock has a 52-week low of $0.60 and a 52-week high of $19.82.

Babcock (NYSE:BW - Get Free Report) last released its quarterly earnings results on Monday, May 11th. The technology company reported ($0.60) EPS for the quarter, missing analysts' consensus estimates of ($0.03) by ($0.57). The business had revenue of $214.41 million for the quarter, compared to the consensus estimate of $149.72 million. On average, equities analysts expect that Babcock will post 0.21 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Craig Hallum reissued a "buy" rating and issued a $19.00 target price on shares of Babcock in a research report on Tuesday, March 17th. Zacks Research raised Babcock to a "hold" rating in a research report on Friday, January 23rd. Northland Securities set a $23.00 target price on Babcock in a research note on Tuesday. Weiss Ratings reissued a "sell (d-)" rating on shares of Babcock in a research report on Monday, April 20th. Finally, Wall Street Zen upgraded Babcock from a "hold" rating to a "buy" rating in a research note on Saturday, March 21st. Three investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $14.25.

Babcock News Summary

Here are the key news stories impacting Babcock this week:

• Positive Sentiment: BW reported first-quarter results that beat expectations on revenue and EBITDA, with revenue up sharply year over year. Investors also reacted positively to management’s upbeat outlook tied to large-project demand and growing AI/data-center power opportunities. Babcock & Wilcox Enterprises Reports First Quarter 2026 Results
• Positive Sentiment: Analysts and commentary highlighted a surge in bookings and a much larger data-center contract pipeline, which could support future revenue growth and explain the stock’s renewed momentum. Babcock & Wilcox Q1 Earnings Beat Estimates, Revenues Rise Y/Y
• Neutral Sentiment: Several investor-rights firms announced class action lawsuits and deadline reminders for shareholders who bought BW between November 5, 2025 and March 11, 2026. These notices add legal overhang, but they are largely procedural unless the case develops further. BW Investor Alert: Babcock & Wilcox Enterprises Securities Fraud Lawsuit
• Neutral Sentiment: Additional firms, including Rosen, Pomerantz, Berger Montague, and others, reiterated the June 15 lead-plaintiff deadline, keeping litigation risk in focus for investors. Pomerantz Law Firm Announces the Filing of a Class Action Against Babcock & Wilcox Enterprises, Inc. and Certain Officers – BW
• Negative Sentiment: The lawsuits allege BW and certain executives concealed contract-related risks and deal-timeline issues, which could create legal costs, uncertainty, and potential reputational pressure on the stock if claims gain traction. NYSE: BW Investor Alert: Berger Montague Advises Babcock & Wilcox Enterprises, Inc. Investors of a June 15, 2026 Deadline

Insider Buying and Selling

In other news, CEO Kenneth M. Young bought 7,000 shares of the business's stock in a transaction on Wednesday, March 18th. The stock was purchased at an average cost of $15.14 per share, for a total transaction of $105,980.00. Following the completion of the transaction, the chief executive officer directly owned 1,656,512 shares of the company's stock, valued at approximately $25,079,591.68. This trade represents a 0.42% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.80% of the stock is currently owned by insiders.

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.

Want to see what other hedge funds are holding BW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Babcock (NYSE:BW - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.