ARS Investment Partners LLC Acquires Shares of 23,537 BWX Technologies, Inc. $BWXT

ARS Investment Partners LLC purchased a new position in BWX Technologies, Inc. (NYSE:BWXT) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 23,537 shares of the technology company’s stock, valued at approximately $4,340,000.

A number of other hedge funds have also recently modified their holdings of BWXT. Vontobel Holding Ltd. increased its stake in BWX Technologies by 14.7% in the third quarter. Vontobel Holding Ltd. now owns 4,045 shares of the technology company’s stock worth $746,000 after purchasing an additional 518 shares during the period. GLOBALT Investments LLC GA bought a new position in BWX Technologies in the third quarter worth approximately $670,000. Farther Finance Advisors LLC boosted its position in BWX Technologies by 444.2% during the third quarter. Farther Finance Advisors LLC now owns 2,770 shares of the technology company’s stock valued at $511,000 after purchasing an additional 2,261 shares in the last quarter. HBK Sorce Advisory LLC purchased a new position in shares of BWX Technologies in the 3rd quarter worth approximately $222,000. Finally, Exchange Traded Concepts LLC lifted its holdings in shares of BWX Technologies by 44.6% during the 3rd quarter. Exchange Traded Concepts LLC now owns 63,285 shares of the technology company’s stock valued at $11,668,000 after purchasing an additional 19,508 shares during the last quarter. Institutional investors own 94.39% of the company’s stock.

Wall Street Analyst Weigh In

BWXT has been the topic of a number of recent analyst reports. Weiss Ratings lowered shares of BWX Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday. Northland Securities set a $225.00 price objective on shares of BWX Technologies in a report on Tuesday, November 4th. Wall Street Zen upgraded BWX Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. BTIG Research increased their target price on BWX Technologies from $200.00 to $225.00 and gave the company a “buy” rating in a report on Friday, November 7th. Finally, Deutsche Bank Aktiengesellschaft set a $180.00 price objective on shares of BWX Technologies and gave the company a “hold” rating in a research note on Wednesday, October 8th. Three analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $196.23.

Insider Activity at BWX Technologies

In related news, CEO Rex D. Geveden sold 10,000 shares of the stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $197.90, for a total value of $1,979,000.00. Following the transaction, the chief executive officer owned 187,594 shares of the company’s stock, valued at $37,124,852.60. This represents a 5.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 0.47% of the company’s stock.

BWX Technologies Price Performance

BWXT stock opened at $178.15 on Thursday. The company has a current ratio of 1.71, a quick ratio of 1.62 and a debt-to-equity ratio of 1.21. The company has a market capitalization of $16.29 billion, a PE ratio of 53.50, a P/E/G ratio of 3.48 and a beta of 0.85. The business’s fifty day moving average price is $187.13 and its 200 day moving average price is $170.15. BWX Technologies, Inc. has a 12-month low of $84.21 and a 12-month high of $218.50.

BWX Technologies (NYSE:BWXT) last announced its earnings results on Monday, November 3rd. The technology company reported $1.00 earnings per share 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 firm had revenue of $866.29 million for the quarter, compared to the consensus estimate of $795.48 million. During the same period in the prior year, the firm earned $0.83 EPS. The firm’s revenue for the quarter was up 28.9% on a year-over-year basis. 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 EPS for the current year.

BWX Technologies Announces Dividend

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

BWX Technologies Company Profile

BWX Technologies, Inc (NYSE: BWXT) is a specialized supplier of nuclear components and services, primarily serving the U.S. government and commercial markets. The company’s core expertise lies in the design, fabrication and servicing of nuclear propulsion systems for the U.S. Navy, where it supports the maintenance and overhaul of naval nuclear reactors. In addition to defense applications, BWXT develops small modular reactors (SMRs), nuclear fuel and related technologies for non‐defense power generation, offering scalable solutions to meet evolving energy and industrial demands.

Beyond propulsion and power systems, BWXT is a leading producer of medical radioisotopes used in diagnostic imaging and cancer treatment.