9 hours Ago By ABMN Staff
Invesco Ltd. reduced its holdings in Eos Energy Enterprises, Inc. ( NASDAQ:EOSE – Free Report ) by 44.
5% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,447,296 shares of the company’s stock after selling 1,160,210 shares during the quarter. Invesco Ltd.
owned 0.66% of Eos Energy Enterprises worth $7,034,000 at the end of the most recent reporting period. Several other institutional investors and hedge funds have also recently modified their holdings of the business.
WESPAC Advisors LLC raised its stake in Eos Energy Enterprises by 16.6% in the fourth quarter. WESPAC Advisors LLC now owns 12,647 shares of the company’s stock valued at $61,000 after purchasing an additional 1,798 shares in the last quarter.
Wells Fargo & Company MN raised its position in shares of Eos Energy Enterprises by 3.6% during the 4th quarter. Wells Fargo & Company MN now owns 62,075 shares of the company’s stock valued at $302,000 after buying an additional 2,175 shares in the last quarter.
Montag A & Associates Inc. lifted its holdings in shares of Eos Energy Enterprises by 21.0% during the 4th quarter.
Montag A & Associates Inc. now owns 13,809 shares of the company’s stock worth $67,000 after acquiring an additional 2,400 shares during the last quarter. Parkside Financial Bank & Trust bought a new stake in shares of Eos Energy Enterprises during the 4th quarter worth $29,000.
Finally, R Squared Ltd bought a new position in Eos Energy Enterprises in the fourth quarter valued at $31,000. Hedge funds and other institutional investors own 54.87% of the company’s stock.
Analyst Ratings Changes Several equities research analysts have issued reports on the company. Cowen reaffirmed a “hold” rating on shares of Eos Energy Enterprises in a research note on Friday, March 7th. Guggenheim reaffirmed a “buy” rating and issued a $7.
00 target price on shares of Eos Energy Enterprises in a research note on Tuesday, March 18th. Roth Mkm downgraded shares of Eos Energy Enterprises from a “buy” rating to a “neutral” rating and lifted their price target for the stock from $4.00 to $5.
00 in a research note on Thursday, February 20th. Finally, Roth Capital cut shares of Eos Energy Enterprises from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 20th. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock.
According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $4.70. Eos Energy Enterprises Stock Up 0.
4 % Shares of NASDAQ EOSE opened at $4.88 on Friday. The company has a market cap of $1.
11 billion, a price-to-earnings ratio of -2.02 and a beta of 2.17.
The firm’s fifty day moving average is $4.25 and its 200 day moving average is $4.11.
Eos Energy Enterprises, Inc. has a 52 week low of $0.61 and a 52 week high of $6.
64. About Eos Energy Enterprises ( Free Report ) Eos Energy Enterprises, Inc designs, manufactures, and markets zinc-based energy storage solutions for utility-scale, microgrid, and commercial and industrial (C&I) applications in the United States. The company offers Znyth technology battery energy storage system (BESS), which provides the operating flexibility to manage increased grid complexity and price volatility.
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