Rolls-Royce Holdings PLC $RYCEY Shares Acquired by Bowen Hanes & Co. Inc.

Bowen Hanes & Co. Inc. boosted its holdings in Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) by 6.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,321,380 shares of the aerospace company’s stock after purchasing an additional 278,070 shares during the quarter. Rolls-Royce Holdings PLC makes up 1.8% of Bowen Hanes & Co. Inc.’s portfolio, making the stock its 23rd biggest holding. Bowen Hanes & Co. Inc. owned approximately 0.05% of Rolls-Royce Holdings PLC worth $70,006,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Financially Speaking Inc purchased a new stake in Rolls-Royce Holdings PLC in the 3rd quarter valued at about $1,808,000. AdvisorShares Investments LLC acquired a new stake in shares of Rolls-Royce Holdings PLC in the third quarter worth approximately $1,077,000. HighPoint Advisor Group LLC grew its holdings in Rolls-Royce Holdings PLC by 7.1% in the third quarter. HighPoint Advisor Group LLC now owns 38,808 shares of the aerospace company’s stock valued at $629,000 after purchasing an additional 2,583 shares during the period. ORG Partners LLC grew its holdings in Rolls-Royce Holdings PLC by 115.3% in the third quarter. ORG Partners LLC now owns 1,970 shares of the aerospace company’s stock valued at $32,000 after purchasing an additional 1,055 shares during the period. Finally, Salomon & Ludwin LLC increased its position in Rolls-Royce Holdings PLC by 2,646.8% during the third quarter. Salomon & Ludwin LLC now owns 3,049 shares of the aerospace company’s stock worth $48,000 after purchasing an additional 2,938 shares during the last quarter. 0.07% of the stock is currently owned by hedge funds and other institutional investors.

Rolls-Royce Holdings PLC Trading Up 1.8%

OTCMKTS RYCEY opened at $18.40 on Friday. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.94 and a current ratio of 1.25. Rolls-Royce Holdings PLC has a one year low of $7.68 and a one year high of $18.42. The company’s 50 day moving average price is $16.78 and its 200 day moving average price is $15.59.

Analyst Ratings Changes

Separately, Royal Bank Of Canada assumed coverage on shares of Rolls-Royce Holdings PLC in a report on Tuesday, November 18th. They issued an “outperform” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

About Rolls-Royce Holdings PLC

Rolls-Royce Holdings plc is a UK-based multinational engineering company that designs, manufactures and services power systems for the civil and defence aerospace, marine and energy markets. The company’s core activities include the development and production of turbine engines for commercial and military aircraft, propulsion and power systems for naval vessels, and industrial gas turbines for power generation and distributed energy applications. A significant portion of its business is focused on aftermarket support, providing maintenance, repair and overhaul (MRO) services and long-term service agreements to customers worldwide.

In aerospace, Rolls‑Royce is best known for its high-thrust turbofan engines used on widebody and regional aircraft, supported by comprehensive service programs and digital monitoring solutions that optimize engine health and operational availability.