
What smart money is saying about Babcock & Wilcox
1 fund in our archive has pitched Babcock & Wilcox — most recently Polen Capital 5Perspectives Ultra-Small Growth in September 2026.
Babcock & Wilcox Enterprises, Inc., known as BW, operates globally to deliver specialized solutions for energy generation and environmental emissions management through its subsidiaries. The company serves a wide array of international clients, including industrial facilities, electric power utilities, municipal organizations, and other commercial enterprises. Its operations are structured into three distinct divisions: Babcock & Wilcox Renewable, Babcock & Wilcox Environmental, and Babcock & Wilcox Thermal. The Babcock & Wilcox Renewable segment concentrates on sustainable energy technologies. This encompasses systems for converting waste into energy, the construction and setup of solar projects, and the development of biomass energy solutions. It also supplies crucial black liquor systems for the pulp and paper industry. This division aims to provide advanced technologies that reroute waste from landfills for electricity production, replace fossil fuels with cleaner options, enable metal recovery, and significantly lower emissions. Secondly, the Babcock & Wilcox Environmental segment offers an extensive suite of cutting-edge technologies designed for pollution control and environmental safeguarding. These solutions cater to diverse applications, including power utilities, waste-to-energy plants, biomass operations, carbon black manufacturing, and industrial steam generation. Its comprehensive portfolio features systems for thermal cooling, ash handling, controlling fine particulate matter, mitigating nitrogen and sulfur oxide pollutants, utilizing chemical looping for carbon capture, and managing mercury discharges. Finally, the Babcock & Wilcox Thermal segment is dedicated to equipment and services related to steam generation. It furnishes steam-generating apparatus, replacement components for existing systems, and provides comprehensive construction, upkeep, and on-site support services for facilities within the power generation, oil and gas, and general industrial sectors. This division boasts a significant installed base of equipment that supports both public utilities and a broad spectrum of industrial applications, such as refining, petrochemical production, food processing, and metallurgy. Established in 1867, Babcock & Wilcox Enterprises, Inc. maintains its primary corporate offices in Akron, Ohio.
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Position history
Between Q2 2026 and Q3 2026, 2 fund letters reported a position in Babcock & Wilcox, with no move described.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q3 2026 | 1 | 0 | 0 | 1 |
| Q2 2026 | 1 | 0 | 0 | 0 |
Fund activity · 2 positions
- September 2026
“The most significant detractors from the Portfolio's relative performance in the quarter were Vishay Precision Group, Babcock & Wilcox, and CareDx (not held).”
Babcock & Wilcox - June 2026
“The most significant detractors from the Portfolio’s relative performance in the quarter were Babcock & Wilcox Enterprises, Ouster (not owned), and GeneDx .”
Babcock & Wilcox
Fund coverage · 1 thesis
- Polen Capital 5Perspectives Ultra-Small GrowthSeptember 2026
Babcock & Wilcox provides boiler and power technologies with growing AI data center exposure, backed by rapid revenue growth and a large backlog.
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