Cary Street Partners Financial LLC purchased a new stake in BWX Technologies, Inc. (NYSE:BWXT – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 19,418 shares of the technology company’s stock, valued at approximately $3,356,000.
Other institutional investors and hedge funds have also made changes to their positions in the company. Themes Management Co LLC purchased a new position in BWX Technologies during the 4th quarter valued at about $812,000. Harbour Investments Inc. increased its stake in shares of BWX Technologies by 56.2% during the 4th quarter. Harbour Investments Inc. now owns 542 shares of the technology company’s stock worth $94,000 after purchasing an additional 195 shares in the last quarter. New Age Alpha Advisors LLC raised its position in shares of BWX Technologies by 9.5% during the 4th quarter. New Age Alpha Advisors LLC now owns 19,873 shares of the technology company’s stock worth $3,435,000 after purchasing an additional 1,729 shares during the last quarter. Hantz Financial Services Inc. lifted its stake in BWX Technologies by 81.3% in the 4th quarter. Hantz Financial Services Inc. now owns 1,407 shares of the technology company’s stock valued at $243,000 after buying an additional 631 shares in the last quarter. Finally, Prospera Financial Services Inc grew its holdings in BWX Technologies by 16.7% during the 4th quarter. Prospera Financial Services Inc now owns 7,481 shares of the technology company’s stock valued at $1,293,000 after buying an additional 1,068 shares during the last quarter. 94.39% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of research firms have recently weighed in on BWXT. Wells Fargo & Company assumed coverage on BWX Technologies in a report on Wednesday, April 1st. They issued an “underweight” rating and a $200.00 price target for the company. 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. Deutsche Bank Aktiengesellschaft upgraded shares of BWX Technologies from a “hold” rating to a “buy” rating and upped their target price for the company from $205.00 to $255.00 in a report on Friday, May 15th. Bank of America raised their price target on shares of BWX Technologies from $230.00 to $250.00 and gave the stock a “buy” rating in a research note on Wednesday, March 25th. Finally, BTIG Research boosted their price objective on shares of BWX Technologies from $225.00 to $235.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $228.00.
Insider Transactions at BWX Technologies
In other BWX Technologies news, CAO Kevin James Gorman sold 1,344 shares of the business’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $214.71, for a total transaction of $288,570.24. Following the completion of the sale, the chief accounting officer owned 114 shares of the company’s stock, valued at approximately $24,476.94. The trade was a 92.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Michael Thomas Fitzgerald sold 2,417 shares of the company’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $209.25, for a total value of $505,757.25. Following the sale, the chief financial officer owned 6,884 shares of the company’s stock, valued at $1,440,477. This represents a 25.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 13,761 shares of company stock worth $2,842,427 in the last ninety days. Insiders own 0.60% of the company’s stock.
BWX Technologies Stock Performance
NYSE BWXT opened at $199.04 on Thursday. The business’s 50-day moving average price is $213.42 and its 200 day moving average price is $199.59. The company has a current ratio of 2.40, a quick ratio of 2.33 and a debt-to-equity ratio of 1.58. BWX Technologies, Inc. has a twelve month low of $123.06 and a twelve month high of $241.82. The company has a market capitalization of $18.23 billion, a PE ratio of 53.22, a price-to-earnings-growth ratio of 3.37 and a beta of 0.78.
BWX Technologies (NYSE:BWXT – Get Free Report) last posted its quarterly earnings data on Monday, May 4th. The technology company reported $1.12 EPS for the quarter, beating analysts’ consensus estimates of $0.92 by $0.20. BWX Technologies had a net margin of 10.20% and a return on equity of 31.33%. The company had revenue of $860.22 million during the quarter, compared to the consensus estimate of $837.47 million. During the same quarter in the prior year, the company posted $0.91 EPS. The company’s quarterly revenue was up 26.1% compared to the same quarter last year. BWX Technologies has set its FY 2026 guidance at 4.600-4.750 EPS. On average, research analysts predict that BWX Technologies, Inc. will post 4.71 earnings per share for the current year.
BWX Technologies Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Tuesday, May 19th will be paid a dividend of $0.27 per share. The ex-dividend date of this dividend is Tuesday, May 19th. This represents a $1.08 annualized dividend and a dividend yield of 0.5%. BWX Technologies’s payout ratio is currently 28.88%.
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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