BWX Technologies, Inc. (NYSE:BWXT) CFO David S. Black sold 1,000 shares of the business’s stock in a transaction on Monday, December 11th. The shares were sold at an average price of $61.88, for a total transaction of $61,880.00. Following the sale, the chief financial officer now directly owns 62,979 shares in the company, valued at $3,897,140.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

BWX Technologies, Inc. (BWXT) traded down $1.02 during trading hours on Tuesday, reaching $60.96. 429,000 shares of the company’s stock traded hands, compared to its average volume of 700,310. BWX Technologies, Inc. has a one year low of $37.63 and a one year high of $62.85. The company has a debt-to-equity ratio of 1.59, a quick ratio of 1.81 and a current ratio of 1.81. The stock has a market capitalization of $6,161.04, a price-to-earnings ratio of 30.53, a price-to-earnings-growth ratio of 2.42 and a beta of 0.47.

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

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 13th. Shareholders of record on Monday, November 20th will be issued a $0.11 dividend. This represents a $0.44 annualized dividend and a yield of 0.72%. The ex-dividend date is Friday, November 17th. BWX Technologies’s payout ratio is 22.45%.

A number of equities research analysts have recently weighed in on BWXT shares. BidaskClub lowered shares of BWX Technologies from a “strong-buy” rating to a “buy” rating in a report on Thursday, November 2nd. Bank of America boosted their price objective 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. ValuEngine raised shares of BWX Technologies from a “hold” rating to a “buy” rating in a report on Wednesday, September 6th. SunTrust Banks reissued a “buy” rating and set a $62.00 price objective on shares of BWX Technologies in a report on Monday, October 2nd. Finally, Zacks Investment Research lowered shares of BWX Technologies from a “buy” rating to a “hold” rating in a report on Thursday, November 9th. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. BWX Technologies currently has an average rating of “Hold” and a consensus price target of $62.14.

A number of large investors have recently bought and sold shares of the business. Public Employees Retirement System of Ohio raised its position in shares of BWX Technologies by 12.4% in the second quarter. Public Employees Retirement System of Ohio now owns 139,138 shares of the technology company’s stock worth $6,783,000 after acquiring an additional 15,367 shares during the period. Wells Fargo & Company MN raised its position in shares of BWX Technologies by 310.0% in the second quarter. Wells Fargo & Company MN now owns 3,071,474 shares of the technology company’s stock worth $149,735,000 after acquiring an additional 2,322,309 shares during the period. Burgundy Asset Management Ltd. raised its position in shares of BWX Technologies by 1.3% in the second quarter. Burgundy Asset Management Ltd. now owns 1,200,631 shares of the technology company’s stock worth $58,531,000 after acquiring an additional 15,430 shares during the period. Royal Bank of Canada raised its position in shares of BWX Technologies by 3.4% in the second quarter. Royal Bank of Canada now owns 89,920 shares of the technology company’s stock worth $4,384,000 after acquiring an additional 2,986 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its position in shares of BWX Technologies by 84.8% in the second quarter. Arrowstreet Capital Limited Partnership now owns 904,130 shares of the technology company’s stock worth $44,076,000 after acquiring an additional 414,994 shares during the period. 95.50% of the stock is currently owned by institutional investors.

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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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