ARK Investment Management LLC Acquires 39,947 Shares of BWX Technologies, Inc. $BWXT

ARK Investment Management LLC lifted its stake in BWX Technologies, Inc. (NYSE:BWXT) by 6.2% in the third quarter, Holdings Channel.com reports. The fund owned 680,996 shares of the technology company’s stock after purchasing an additional 39,947 shares during the period. ARK Investment Management LLC’s holdings in BWX Technologies were worth $125,555,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in BWXT. Massachusetts Financial Services Co. MA increased its stake in BWX Technologies by 26.0% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,159,033 shares of the technology company’s stock worth $213,691,000 after acquiring an additional 239,292 shares during the last quarter. Eos Management L.P. boosted its position in shares of BWX Technologies by 27.9% during the 3rd quarter. Eos Management L.P. now owns 25,894 shares of the technology company’s stock valued at $4,774,000 after acquiring an additional 5,644 shares during the last quarter. Principal Financial Group Inc. grew its holdings in shares of BWX Technologies by 51.1% during the third quarter. Principal Financial Group Inc. now owns 313,192 shares of the technology company’s stock worth $57,743,000 after purchasing an additional 105,879 shares in the last quarter. Thrivent Financial for Lutherans increased its position in shares of BWX Technologies by 7.3% in the third quarter. Thrivent Financial for Lutherans now owns 669,636 shares of the technology company’s stock worth $123,460,000 after purchasing an additional 45,667 shares during the last quarter. Finally, Police & Firemen s Retirement System of New Jersey increased its position in shares of BWX Technologies by 4.7% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 34,636 shares of the technology company’s stock worth $4,990,000 after purchasing an additional 1,548 shares during the last quarter. 94.39% of the stock is currently owned by hedge funds and other institutional investors.

BWX Technologies Price Performance

BWXT opened at $205.69 on Thursday. The company has a debt-to-equity ratio of 1.64, a quick ratio of 2.25 and a current ratio of 2.32. BWX Technologies, Inc. has a 52-week low of $84.21 and a 52-week high of $220.57. The stock has a market capitalization of $18.81 billion, a PE ratio of 57.62, a price-to-earnings-growth ratio of 3.36 and a beta of 0.83. The stock’s 50 day moving average price is $200.29 and its 200-day moving average price is $188.23.

BWX Technologies (NYSE:BWXT) last posted its earnings results on Monday, February 23rd. The technology company reported $1.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.91 by $0.17. The firm had revenue of $885.84 million for the quarter, compared to the consensus estimate of $837.47 million. BWX Technologies had a return on equity of 30.94% and a net margin of 10.28%.The business’s revenue for the quarter was up 18.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.92 EPS. BWX Technologies has set its FY 2026 guidance at 4.550-4.700 EPS. On average, equities research analysts predict that BWX Technologies, Inc. will post 3.23 EPS for the current year.

BWX Technologies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Wednesday, March 11th will be issued a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 0.5%. The ex-dividend date is Wednesday, March 11th. This is a positive change from BWX Technologies’s previous quarterly dividend of $0.25. BWX Technologies’s dividend payout ratio is 28.01%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Bank of America raised their price objective on shares of BWX Technologies from $220.00 to $230.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. BNP Paribas Exane assumed coverage on BWX Technologies in a research report on Thursday, January 15th. They set a “neutral” rating and a $215.00 price target on the stock. Zacks Research upgraded BWX Technologies from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 21st. Weiss Ratings raised BWX Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, February 25th. Finally, Truist Financial set a $205.00 target price on BWX Technologies in a research report on Friday, January 9th. Three equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, BWX Technologies currently has an average rating of “Moderate Buy” and an average price target of $200.45.

Insiders Place Their Bets

In related news, CEO Rex D. Geveden sold 10,000 shares of the stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $203.26, for a total transaction of $2,032,600.00. Following the transaction, the chief executive officer owned 177,594 shares in the company, valued at $36,097,756.44. This represents a 5.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Kevin James Gorman sold 1,344 shares of the business’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $214.71, for a total transaction of $288,570.24. Following the sale, the chief accounting officer owned 114 shares of the company’s stock, valued at approximately $24,476.94. This represents a 92.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 13,327 shares of company stock valued at $2,734,844. 0.47% of the stock is owned by insiders.

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.