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BW Babcock & Wilcox Enterprises

Industrials, filed as BABCOCK & WILCOX ENTERPRISES (COM), Equity As of 2026 Q2 among managers we track Quote on Google Finance, opens in a new tab

Bought by 3 managers in 2026 Q2, sold by 1

  • 4 Owners
  • Max 0.4%
  • $68M
  • 2 new 1 add 1 reduce

In 2026 Q2 Spencer Waxman and Ben Hoskin opened positions in Babcock & Wilcox Enterprises, Situational Awareness added, and Polen Capital Management trimmed.

Who owns this now

Largest portfolio weights among holders, up to 0.4% (Spencer Waxman, Shannon River Fund Management). Not free-float ownership.

  1. Spencer Waxman New 0.42%
  2. Situational Awareness Add 0.14%
  3. Ben Hoskin New 0.08%
  4. Polen Capital Management Reduce 0.03%

Who owns BW

Sorted by value, long equity only, as of 2026 Q2.

History
Ben Hoskin, Value Aligned Research Advisors 0.08% New 0.08% 2,238,024 $32M History
Situational Awareness 0.14% Add +49.7% 2,027,451 $29M History
Spencer Waxman, Shannon River Fund Management 0.42% New 0.42% 333,153 $4.7M History
Polen Capital Management 0.03% Reduce −8.1% 249,411 $3.5M History

4 current, options excluded

Weight bar: held both quarters added sold at this quarter’s reported price

Insider trades

Open-market buys and sales by BW's executives, directors and 10% owners in the last 12 months, from their Form 4s

All BW insider trades
  • $283K bought by 3 insiders
  • $10.4M sold by 1 insider outside a trading plan
  • None no planned (10b5-1) sales
  1. Philip D Moeller Director
    Buy
    $48K 5,000 shares at $9.50 +2.1% to stake
    Traded Aug 13 Filed Aug 14
    ↗
  2. Kenneth M Young CEO
    Buy
    $68K 7,000 shares at $9.65 +0.4% to stake
    Traded Aug 12 Filed Aug 13
    ↗
  3. Cameron M Frymyer CFO
    Buy
    $19K 1,285 shares at $14.76 +0.4% to stake
    Traded Mar 18 Filed Mar 18
    ↗
  4. Kenneth M Young CEO
    Buy
    $106K 7,000 shares at $15.15 +0.4% to stake
    Traded Mar 18 Filed Mar 18
    ↗
  5. BRC Group Holdings, Inc. 10% owner, +3 joint filers
    Sale
    $10.4M 1,155,382 shares at $9.00 100% of stake
    Traded Feb 11 Filed Feb 13
    ↗
  6. Cameron M Frymyer CFO
    Buy
    $20K 2,853 shares at $7.05 +1.9% to stake
    Traded Nov 12, 2025 Filed Nov 13, 2025
    ↗
  7. Kenneth M Young CEO
    Buy
    $23K 3,175 shares at $7.15
    Traded Nov 12, 2025 Filed Nov 13, 2025
    ↗

Also filed in the last 12 months, not counted as buying or selling: 21 option exercises, 14 share withholdings for taxes, 5 sales back to the company, and 2 gifts.

SEC filings

Recent issuer filings from EDGAR, 21 shown.

Filed Form Detail Links
8-K 8.01 Filing Doc
SCHEDULE 13G — Filing Doc
8-K 2.02,7.01,9.01 Filing Doc
10-Q Filing Doc
SCHEDULE 13G — Filing Doc
8-K 7.01,8.01,9.01 Filing Doc
8-K 8.01 Filing Doc
8-K 5.02,5.07,9.01 Filing Doc
8-K 1.01,7.01,9.01 Filing Doc
424B5 Filing Doc
424B5 Filing Doc
8-K 7.01,9.01 Filing Doc
8-K 2.02,9.01 Filing Doc
10-Q Filing Doc
8-K 7.01,9.01 Filing Doc
DEF 14A Filing Doc
DEFA14A Filing Doc
8-K 7.01,9.01 Filing Doc
10-K Filing Doc
8-K 8.01 Filing Doc
SCHEDULE 13G/A — Filing Doc

Source: SEC EDGAR submissions, updated 15 days ago. All on EDGAR

Financials

US-GAAP annual figures by fiscal year, as tagged in Form 10-K. Each value links to its SEC filing.

Income statement

Metric FY2023 FY2024 FY2025
Revenue $999.35M $717.33M $587.68M
Gross profit * $224.09M $177.02M $143.85M
Gross margin * 22.4% 24.7% 24.5%
Net income -$197.21M -$59.92M -$36.16M
Net margin * -19.7% -8.4% -6.2%

Balance sheet

Metric FY2023 FY2024 FY2025
Total current assets $497.59M $490.18M $470.68M
Total non-current assets * $278.1M $236.8M $192.26M
Total assets $775.7M $726.99M $662.94M
Total current liabilities $350.2M $388.49M $386.69M
Total non-current liabilities * $625.85M $621.67M $407.78M
Total equity -$200.96M -$283.76M -$131.54M

Cash flow

Metric FY2023 FY2024 FY2025
Cash from operations -$42.27M -$118.74M -$68.89M
Cash from investing -$7.94M $109.96M $197.01M
Cash from financing $8.56M $69.73M -$58.73M
Net change in cash -$42.09M $59.7M $70.3M

Source: SEC companyfacts (US-GAAP 10-K). A * marks a computed figure, not a single XBRL tag. Fiscal years are as the issuer labels them. Follow The Filings does not adjust or audit these figures.

Ownership over time

13Fs that reported it each quarter. Click a bar for that quarter’s holders.

Further reading

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