Anchor Capital Advisors LLC Has $36.81 Million Stock Position in BWX Technologies, Inc. $BWXT

Anchor Capital Advisors LLC cut its position in BWX Technologies, Inc. (NYSE:BWXT) by 36.2% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 199,651 shares of the technology company’s stock after selling 113,464 shares during the quarter. Anchor Capital Advisors LLC’s holdings in BWX Technologies were worth $36,810,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently bought and sold shares of the company. Valeo Financial Advisors LLC boosted its holdings in BWX Technologies by 33,572.0% during the second quarter. Valeo Financial Advisors LLC now owns 1,517,599 shares of the technology company’s stock valued at $2,228,000 after acquiring an additional 1,513,092 shares during the period. Artisan Partners Limited Partnership bought a new position in shares of BWX Technologies in the second quarter worth about $183,859,000. William Blair Investment Management LLC lifted its position in shares of BWX Technologies by 523.2% during the 2nd quarter. William Blair Investment Management LLC now owns 1,517,356 shares of the technology company’s stock worth $218,590,000 after purchasing an additional 1,273,895 shares during the last quarter. Invesco Ltd. boosted its stake in BWX Technologies by 139.0% during the 2nd quarter. Invesco Ltd. now owns 1,592,380 shares of the technology company’s stock valued at $229,398,000 after purchasing an additional 926,117 shares during the period. Finally, Massachusetts Financial Services Co. MA bought a new stake in BWX Technologies during the 2nd quarter valued at approximately $132,498,000. Institutional investors own 94.39% of the company’s stock.

Insider Activity

In other news, CEO Rex D. Geveden sold 10,000 shares of the stock in a transaction that occurred 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 completion of the transaction, the chief executive officer directly owned 187,594 shares of the company’s stock, valued at approximately $37,124,852.60. This represents a 5.06% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.47% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Bank of America lifted their price target on BWX Technologies from $220.00 to $230.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. Zacks Research downgraded shares of BWX Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 24th. BNP Paribas assumed coverage on shares of BWX Technologies in a research report on Thursday, January 15th. They set a “neutral” rating and a $215.00 target price on the stock. CJS Securities upgraded shares of BWX Technologies to a “strong-buy” rating in a research note on Friday, December 12th. Finally, BNP Paribas Exane initiated coverage on shares of BWX Technologies in a research report on Thursday, January 15th. They issued a “neutral” rating and a $215.00 price target on the stock. Three research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, BWX Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $200.96.

BWX Technologies Trading Down 5.4%

Shares of BWXT stock opened at $206.19 on Wednesday. The firm has a fifty day moving average of $183.32 and a 200-day moving average of $177.48. The stock has a market cap of $18.85 billion, a price-to-earnings ratio of 61.92, a P/E/G ratio of 3.50 and a beta of 0.86. BWX Technologies, Inc. has a 52-week low of $84.21 and a 52-week high of $220.57. 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 issued its earnings results on Monday, November 3rd. The technology company reported $1.00 earnings per share for the quarter, beating 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 business had revenue of $866.29 million for the quarter, compared to analyst estimates of $795.48 million. During the same period in the previous year, the business earned $0.83 EPS. The firm’s revenue 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, equities research analysts forecast that BWX Technologies, Inc. will post 3.23 earnings per share for the current fiscal year.

BWX Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Wednesday, November 19th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Wednesday, November 19th. BWX Technologies’s dividend payout ratio is currently 30.03%.

BWX Technologies 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.