Babcock & Wilcox Enterprises Inc. (NYSE:BW)’s share price traded up 2.5% during trading on Thursday . The company traded as high as $15.93 and last traded at $15.69, with a volume of 289,535 shares trading hands. The stock had previously closed at $15.31.

Separately, Zacks Investment Research lowered shares of Babcock & Wilcox Enterprises from a “hold” rating to a “strong sell” rating in a research report on Thursday, June 30th.

The firm has a 50-day moving average price of $19.17 and a 200 day moving average price of $20.32. The company has a market capitalization of $797.12 million and a P/E ratio of 50.26.

Babcock & Wilcox Enterprises (NYSE:BW) last issued its quarterly earnings data on Tuesday, May 10th. The company reported $0.27 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.21 by $0.06. The company earned $404.10 million during the quarter, compared to the consensus estimate of $410.72 million. Babcock & Wilcox Enterprises’s revenue for the quarter was up 1.7% compared to the same quarter last year. During the same period in the previous year, the company earned $0.26 earnings per share. On average, analysts anticipate that Babcock & Wilcox Enterprises Inc. will post $0.79 EPS for the current year.

Other institutional investors recently modified their holdings of the company. Brandes Investment Partners LP raised its position in shares of Babcock & Wilcox Enterprises by 155.5% in the fourth quarter. Brandes Investment Partners LP now owns 49,040 shares of the company’s stock valued at $1,024,000 after buying an additional 29,844 shares during the last quarter. State Board of Administration of Florida Retirement System raised its position in shares of Babcock & Wilcox Enterprises by 0.9% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 82,056 shares of the company’s stock valued at $1,713,000 after buying an additional 720 shares during the last quarter. Oxford Asset Management bought a new position in shares of Babcock & Wilcox Enterprises during the fourth quarter valued at $2,035,000. New York State Common Retirement Fund raised its position in shares of Babcock & Wilcox Enterprises by 2.1% in the fourth quarter. New York State Common Retirement Fund now owns 392,510 shares of the company’s stock valued at $8,192,000 after buying an additional 8,160 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in shares of Babcock & Wilcox Enterprises by 99.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 671,578 shares of the company’s stock valued at $14,016,000 after buying an additional 334,324 shares during the last quarter.

Babcock & Wilcox Enterprises, Inc is a technology-based provider of fossil and renewable power generation and environmental equipment that includes a suite of boiler products and environmental systems, and services for power and industrial uses. The Company operates in three segments: Global Power, Global Services and Industrial Environmental.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.