BWX Technologies (NYSE:BWXT) Now Covered by Wells Fargo & Company

Wells Fargo & Company began coverage on shares of BWX Technologies (NYSE:BWXT) in a report released on Wednesday, Marketbeat reports. The brokerage issued an underweight rating and a $200.00 price target on the technology company’s stock.

Several other research analysts have also issued reports on BWXT. Wall Street Zen lowered BWX Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Bank of America upped their price target on BWX Technologies from $230.00 to $250.00 and gave the company a “buy” rating in a research report on Wednesday, March 25th. Zacks Research raised BWX Technologies from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 21st. TD Cowen assumed coverage on BWX Technologies in a research report on Thursday, March 12th. They set a “buy” rating and a $230.00 price objective for the company. Finally, BNP Paribas Exane began coverage on BWX Technologies in a research note on Thursday, January 15th. They issued a “neutral” rating and a $215.00 price objective on the stock. Three analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, BWX Technologies has an average rating of “Moderate Buy” and an average target price of $207.60.

BWX Technologies Stock Up 4.2%

NYSE:BWXT opened at $212.99 on Wednesday. BWX Technologies has a one year low of $84.21 and a one year high of $222.29. The company has a debt-to-equity ratio of 1.64, a current ratio of 2.32 and a quick ratio of 2.25. The company has a market cap of $19.51 billion, a PE ratio of 59.66, a P/E/G ratio of 3.53 and a beta of 0.80. The firm’s 50 day simple moving average is $203.66 and its 200 day simple moving average is $193.57.

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

BWX Technologies Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Wednesday, March 11th were issued a $0.27 dividend. The ex-dividend date was Wednesday, March 11th. This is a positive change from BWX Technologies’s previous quarterly dividend of $0.25. This represents a $1.08 annualized dividend and a yield of 0.5%. BWX Technologies’s dividend payout ratio (DPR) is presently 30.25%.

Insiders Place Their Bets

In other news, CEO Rex D. Geveden sold 10,000 shares of the business’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $203.26, for a total value of $2,032,600.00. Following the transaction, the chief executive officer directly owned 177,594 shares of the company’s stock, valued at $36,097,756.44. The trade was a 5.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Gerhard F. Burbach sold 1,983 shares of the company’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $208.61, for a total value of $413,673.63. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 13,327 shares of company stock worth $2,734,844. Company insiders own 0.47% of the company’s stock.

Institutional Investors Weigh In On BWX Technologies

A number of hedge funds have recently added to or reduced their stakes in BWXT. Alkeon Capital Management LLC lifted its stake in BWX Technologies by 163.0% in the third quarter. Alkeon Capital Management LLC now owns 1,578,048 shares of the technology company’s stock valued at $290,945,000 after buying an additional 978,000 shares during the period. Invesco Ltd. grew its position in shares of BWX Technologies by 60.1% during the 3rd quarter. Invesco Ltd. now owns 2,549,150 shares of the technology company’s stock worth $469,987,000 after buying an additional 956,770 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of BWX Technologies during the 3rd quarter worth approximately $163,969,000. Select Equity Group L.P. bought a new stake in shares of BWX Technologies in the 2nd quarter valued at $68,902,000. Finally, Federated Hermes Inc. increased its stake in shares of BWX Technologies by 477.3% in the 2nd quarter. Federated Hermes Inc. now owns 450,907 shares of the technology company’s stock valued at $64,958,000 after acquiring an additional 372,800 shares in the last quarter. 94.39% of the stock is currently owned by institutional investors.

About BWX Technologies

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.