BWX Technologies, Inc. (NYSE:BWXT) CFO David S. Black sold 1,000 shares of the business’s stock in a transaction on Friday, November 10th. The stock was sold at an average price of $59.93, for a total transaction of $59,930.00. Following the transaction, the chief financial officer now directly owns 63,979 shares in the company, valued at approximately $3,834,261.47. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Shares of BWX Technologies, Inc. (NYSE BWXT) traded up $0.31 during midday trading on Monday, reaching $60.50. 269,500 shares of the company traded hands, compared to its average volume of 725,422. The firm has a market cap of $6,010.00, a P/E ratio of 29.80, a price-to-earnings-growth ratio of 2.36 and a beta of 0.47. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 1.59. BWX Technologies, Inc. has a 1-year low of $37.63 and a 1-year high of $61.88.

BWX Technologies (NYSE:BWXT) last issued its quarterly earnings results on Monday, November 6th. The technology company reported $0.46 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.46. BWX Technologies had a net margin of 11.89% and a return on equity of 88.05%. The business had revenue of $419.36 million for the quarter, compared to the consensus estimate of $420.39 million. During the same quarter in the prior year, the company earned $0.39 EPS. The firm’s quarterly revenue was up 10.5% on a year-over-year basis. research analysts predict that BWX Technologies, Inc. will post 2.08 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 13th. Shareholders of record on Monday, November 20th will be given a dividend of $0.11 per share. The ex-dividend date of this dividend is Friday, November 17th. This represents a $0.44 dividend on an annualized basis and a yield of 0.73%. BWX Technologies’s payout ratio is presently 22.11%.

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BWXT has been the topic of several analyst reports. BidaskClub raised shares of BWX Technologies from a “buy” rating to a “strong-buy” rating in a report on Thursday, October 26th. Bank of America Corporation boosted their price target on shares of BWX Technologies from $60.00 to $65.00 and gave the company a “buy” rating in a report on Thursday, October 5th. Zacks Investment Research raised shares of BWX Technologies from a “hold” rating to a “buy” rating and set a $60.00 price target on the stock in a report on Thursday, August 10th. ValuEngine raised shares of BWX Technologies from a “hold” rating to a “buy” rating in a report on Wednesday, September 6th. Finally, Robert W. Baird assumed coverage on shares of BWX Technologies in a research note on Tuesday, October 24th. They issued an “outperform” rating and a $70.00 target price on the stock. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $61.67.

A number of institutional investors have recently added to or reduced their stakes in BWXT. Spot Trading L.L.C. increased its stake in shares of BWX Technologies by 60.3% in the 1st quarter. Spot Trading L.L.C. now owns 18,617 shares of the technology company’s stock valued at $886,000 after acquiring an additional 7,004 shares during the last quarter. Teachers Advisors LLC grew its stake in shares of BWX Technologies by 85.6% during the 1st quarter. Teachers Advisors LLC now owns 404,377 shares of the technology company’s stock worth $19,248,000 after acquiring an additional 186,444 shares in the last quarter. UBS Group AG grew its stake in shares of BWX Technologies by 19.6% during the 1st quarter. UBS Group AG now owns 20,621 shares of the technology company’s stock worth $981,000 after acquiring an additional 3,386 shares in the last quarter. Oppenheimer Asset Management Inc. bought a new position in shares of BWX Technologies during the 1st quarter worth approximately $124,000. Finally, Creative Planning boosted its holdings in shares of BWX Technologies by 20.4% in the 2nd quarter. Creative Planning now owns 4,045 shares of the technology company’s stock valued at $197,000 after buying an additional 685 shares during the last quarter. Institutional investors own 94.31% of the company’s stock.

About BWX Technologies

BWX Technologies, Inc is a manufacturer of nuclear components and a service provider. The Company’s businesses focus on the design, engineering and manufacture of precision naval nuclear components, reactors and nuclear fuel for the United States Government. Its segments include Nuclear Operations, Technical Services, Nuclear Energy and Other.

Insider Buying and Selling by Quarter for BWX Technologies (NYSE:BWXT)

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