Chicago Capital LLC acquired a new stake in shares of BWX Technologies, Inc. (NYSE:BWXT – Free Report) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 6,116 shares of the technology company’s stock, valued at approximately $1,128,000.
Several other institutional investors have also made changes to their positions in BWXT. Creative Financial Designs Inc. ADV lifted its position in shares of BWX Technologies by 250.0% in the 2nd quarter. Creative Financial Designs Inc. ADV now owns 175 shares of the technology company’s stock valued at $25,000 after acquiring an additional 125 shares in the last quarter. WFA of San Diego LLC acquired a new stake in BWX Technologies during the 2nd quarter valued at $29,000. Hantz Financial Services Inc. raised its stake in BWX Technologies by 861.9% during the 2nd quarter. Hantz Financial Services Inc. now owns 202 shares of the technology company’s stock valued at $29,000 after purchasing an additional 181 shares during the period. HM Payson & Co. purchased a new stake in shares of BWX Technologies in the third quarter valued at $52,000. Finally, Compass Financial Services Inc acquired a new stake in shares of BWX Technologies in the first quarter worth $33,000. 94.39% of the stock is owned by hedge funds and other institutional investors.
Insider Activity
In related news, CEO Rex D. Geveden sold 10,000 shares of BWX Technologies stock in a transaction on 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 approximately $37,124,852.60. The trade was a 5.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.47% of the company’s stock.
Analysts Set New Price Targets
View Our Latest Stock Report on BWXT
BWX Technologies Stock Up 3.2%
Shares of BWX Technologies stock opened at $195.01 on Wednesday. The firm has a market cap of $17.83 billion, a price-to-earnings ratio of 58.56, a P/E/G ratio of 3.36 and a beta of 0.86. The stock has a 50-day simple moving average of $182.81 and a 200-day simple moving average of $173.01. BWX Technologies, Inc. has a 52-week low of $84.21 and a 52-week high of $218.50. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.71 and a quick ratio of 1.62.
BWX Technologies (NYSE:BWXT – Get Free Report) last released its quarterly earnings data on Monday, November 3rd. The technology company reported $1.00 EPS for the quarter, topping analysts’ consensus estimates of $0.85 by $0.15. The firm had revenue of $866.29 million for the quarter, compared to the consensus estimate of $795.48 million. BWX Technologies had a return on equity of 30.70% and a net margin of 10.04%.The firm’s revenue was up 28.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.83 earnings per share. BWX Technologies has set its FY 2025 guidance at 3.750-3.800 EPS. On average, equities research analysts expect that BWX Technologies, Inc. will post 3.23 earnings per share for the current fiscal year.
BWX Technologies Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Wednesday, November 19th were issued a dividend of $0.25 per share. The ex-dividend date was Wednesday, November 19th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. BWX Technologies’s dividend payout ratio (DPR) 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.
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