Brown Advisory Inc. Increases Stake in BWX Technologies, Inc. $BWXT

Brown Advisory Inc. lifted its stake in BWX Technologies, Inc. (NYSE:BWXT) by 1,948.6% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 291,049 shares of the technology company’s stock after buying an additional 276,842 shares during the quarter. Brown Advisory Inc.’s holdings in BWX Technologies were worth $41,929,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in BWX Technologies by 2.1% in the 1st quarter. Vanguard Group Inc. now owns 9,404,287 shares of the technology company’s stock worth $927,733,000 after purchasing an additional 192,363 shares in the last quarter. T. Rowe Price Investment Management Inc. increased its holdings in shares of BWX Technologies by 19.7% in the first quarter. T. Rowe Price Investment Management Inc. now owns 4,503,679 shares of the technology company’s stock worth $444,288,000 after purchasing an additional 741,282 shares during the last quarter. Invesco Ltd. increased its holdings in shares of BWX Technologies by 139.0% in the second quarter. Invesco Ltd. now owns 1,592,380 shares of the technology company’s stock worth $229,398,000 after purchasing an additional 926,117 shares during the last quarter. Valeo Financial Advisors LLC lifted its position in shares of BWX Technologies by 33,572.0% in the second quarter. Valeo Financial Advisors LLC now owns 1,517,599 shares of the technology company’s stock worth $2,228,000 after buying an additional 1,513,092 shares in the last quarter. Finally, William Blair Investment Management LLC boosted its stake in BWX Technologies by 523.2% during the second quarter. William Blair Investment Management LLC now owns 1,517,356 shares of the technology company’s stock valued at $218,590,000 after buying an additional 1,273,895 shares during the last quarter. 94.39% of the stock is owned by hedge funds and other institutional investors.

BWX Technologies Stock Performance

NYSE:BWXT opened at $177.98 on Friday. The firm has a market capitalization of $16.27 billion, a PE ratio of 53.45, a PEG ratio of 3.49 and a beta of 0.85. The stock’s fifty day moving average is $191.25 and its 200 day moving average is $165.30. BWX Technologies, Inc. has a fifty-two week low of $84.21 and a fifty-two week high of $218.50. The company has a debt-to-equity ratio of 1.21, a quick ratio of 1.62 and a current ratio of 1.71.

BWX Technologies (NYSE:BWXT) last posted its quarterly earnings data on Monday, November 3rd. The technology company reported $1.00 EPS for the quarter, topping the consensus estimate of $0.85 by $0.15. BWX Technologies had a net margin of 10.04% and a return on equity of 30.70%. The company had revenue of $866.29 million during the quarter, compared to analyst estimates of $795.48 million. During the same period in the previous year, the firm earned $0.83 earnings per share. BWX Technologies’s quarterly revenue was up 28.9% compared to the same quarter last year. BWX Technologies has set its FY 2025 guidance at 3.750-3.800 EPS. On average, sell-side analysts anticipate that BWX Technologies, Inc. will post 3.23 earnings per share for the current year.

BWX Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Wednesday, November 19th will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Wednesday, November 19th. BWX Technologies’s dividend payout ratio is 30.03%.

Insider Transactions at BWX Technologies

In other BWX Technologies news, CEO Rex D. Geveden sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $197.90, for a total value of $1,979,000.00. Following the completion of the sale, the chief executive officer owned 187,594 shares of the company’s stock, valued at $37,124,852.60. This trade represents a 5.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.47% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of BWX Technologies in a research note on Monday, December 1st. Northland Securities set a $225.00 target price on shares of BWX Technologies in a report on Tuesday, November 4th. Wedbush restated an “outperform” rating on shares of BWX Technologies in a research report on Wednesday, October 1st. Wall Street Zen upgraded shares of BWX Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Finally, Bank of America lifted their price objective on shares of BWX Technologies from $220.00 to $230.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. Two research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $184.83.

BWX Technologies Company Profile

BWX Technologies, Inc, together with its subsidiaries, manufactures and sells nuclear components in the United States, Canada, and internationally. It operates through two segments, Government Operations and Commercial Operations. The Government Operations segment designs and manufactures naval nuclear components, reactors, and nuclear fuel; fabrication activities; and supplies proprietary and sole-source valves, manifolds, and fittings to naval and commercial shipping customers.