Why Babcock & Wilcox Enterprises (BW) Stock Is Up Today

Babcock & Wilcox Enterprises (BW) is up 3.3% today. Here is some analysis on what might have caused this price movement.

Analysis: Investors appear to be responding to Babcock & Wilcox’s second-quarter results, which showed sharply higher revenue, a swing to profitability, and stronger adjusted EBITDA. The move also likely reflects improved confidence after management raised its full-year adjusted EBITDA target, highlighted a much larger backlog, and pointed to expanding data-center-related demand.

Details:

The company posted second-quarter revenue of $319.7 million, up 130% from a year earlier, with results described as ahead of internal and street expectations.

Net income reached $14.3 million, compared with a loss in the prior-year quarter, while earnings per share improved to $0.07 from a loss of $0.63.

Adjusted EBITDA rose to $21.8 million from $13.9 million, and management lifted its 2026 adjusted EBITDA target range to $80 million to $105 million.

Bookings increased 38% to $151.0 million, backlog expanded to $2.6 billion, and the company said it secured an additional 1 gigawatt of steam turbines tied to future data center power opportunities. A previously announced $50 million share repurchase authorization and the planned repurchase of remaining 2026 bonds may have added support.

Sources:

Babcock & Wilcox, SEC, MarketBeat

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$BW Insider Trading Activity

$BW insiders have traded $BW stock on the open market 3 times in the past 6 months. Of those trades, 2 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $BW stock by insiders over the last 6 months:

GROUP HOLDINGS, INC. BRC sold 1,155,382 shares for an estimated $10,398,438
KENNETH M YOUNG (Chief Executive Officer) purchased 7,000 shares for an estimated $106,015
CAMERON M FRYMYER (Chief Financial Officer) purchased 1,285 shares for an estimated $18,966

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

EARLY ACCESS

Receive BW Data Alerts

Real-time alerts on filings, insider trades, and market signals — before everyone else.

Get Alerts →

$BW Hedge Fund Activity

We have seen 123 institutional investors add shares of $BW stock to their portfolio, and 62 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

BLACKROCK, INC. added 9,732,099 shares (+601.5%) to their portfolio in Q2 2026, for an estimated $137,222,595
LEGAL & GENERAL GROUP PLC removed 4,339,586 shares (-80.6%) from their portfolio in Q1 2026, for an estimated $63,748,518
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 2,635,304 shares (+777.3%) to their portfolio in Q1 2026, for an estimated $38,712,615
STATE STREET CORP added 2,547,578 shares (+617.3%) to their portfolio in Q2 2026, for an estimated $35,920,849
JANE STREET GROUP, LLC added 2,372,515 shares (+182.6%) to their portfolio in Q1 2026, for an estimated $34,852,245
MILLENNIUM MANAGEMENT LLC added 2,118,583 shares (+169.5%) to their portfolio in Q1 2026, for an estimated $31,121,984
PRICE T ROWE ASSOCIATES INC /MD/ added 1,853,633 shares (+inf%) to their portfolio in Q1 2026, for an estimated $27,229,868

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.