Legal & General Group Plc Sells 2,883 Shares of BWX Technologies, Inc. $BWXT

Legal & General Group Plc cut its stake in shares of BWX Technologies, Inc. (NYSE:BWXT) by 2.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 137,081 shares of the technology company’s stock after selling 2,883 shares during the quarter. Legal & General Group Plc owned 0.15% of BWX Technologies worth $23,693,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Oppenheimer Asset Management Inc. grew its holdings in shares of BWX Technologies by 1.0% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 5,448 shares of the technology company’s stock valued at $942,000 after purchasing an additional 54 shares during the last quarter. Stratos Wealth Partners LTD. grew its holdings in shares of BWX Technologies by 3.5% during the 4th quarter. Stratos Wealth Partners LTD. now owns 1,979 shares of the technology company’s stock valued at $342,000 after purchasing an additional 67 shares during the last quarter. Corient Private Wealth LLC grew its holdings in shares of BWX Technologies by 1.2% during the 2nd quarter. Corient Private Wealth LLC now owns 5,880 shares of the technology company’s stock valued at $847,000 after purchasing an additional 69 shares during the last quarter. Barnes Dennig Private Wealth Management LLC grew its holdings in shares of BWX Technologies by 10.1% during the 4th quarter. Barnes Dennig Private Wealth Management LLC now owns 783 shares of the technology company’s stock valued at $135,000 after purchasing an additional 72 shares during the last quarter. Finally, Northwestern Mutual Investment Management Company LLC grew its holdings in shares of BWX Technologies by 0.4% during the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 20,456 shares of the technology company’s stock valued at $3,536,000 after purchasing an additional 84 shares during the last quarter. 94.39% of the stock is owned by institutional investors.

BWX Technologies Stock Down 0.1%

Shares of NYSE BWXT opened at $195.65 on Monday. The company has a market capitalization of $17.92 billion, a P/E ratio of 52.31, a price-to-earnings-growth ratio of 3.23 and a beta of 0.73. BWX Technologies, Inc. has a 52-week low of $123.12 and a 52-week high of $241.82. The company has a debt-to-equity ratio of 1.58, a quick ratio of 2.33 and a current ratio of 2.40. The company’s 50 day moving average price is $212.98 and its 200-day moving average price is $199.61.

BWX Technologies (NYSE:BWXT) last issued its quarterly earnings results on Monday, May 4th. The technology company reported $1.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.92 by $0.20. The firm had revenue of $860.22 million for the quarter, compared to the consensus estimate of $837.47 million. BWX Technologies had a net margin of 10.20% and a return on equity of 31.33%. The company’s revenue for the quarter was up 26.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.91 EPS. BWX Technologies has set its FY 2026 guidance at 4.600-4.750 EPS. Equities analysts forecast that BWX Technologies, Inc. will post 4.71 earnings per share for the current year.

BWX Technologies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Tuesday, May 19th will be given a $0.27 dividend. The ex-dividend date is Tuesday, May 19th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.6%. BWX Technologies’s payout ratio is 28.88%.

Insider Buying and Selling

In related news, CFO Michael Thomas Fitzgerald sold 2,417 shares of the business’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $209.25, for a total transaction of $505,757.25. Following the transaction, the chief financial officer owned 6,884 shares in the company, valued at $1,440,477. The trade was a 25.99% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Rex D. Geveden sold 10,000 shares of the business’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $204.81, for a total transaction of $2,048,100.00. Following the transaction, the chief executive officer owned 202,491 shares in the company, valued at $41,472,181.71. The trade was a 4.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms recently commented on BWXT. Zacks Research downgraded shares of BWX Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 11th. TD Cowen began coverage on shares of BWX Technologies in a research report on Thursday, March 12th. They set a “buy” rating and a $230.00 target price on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of BWX Technologies from a “hold” rating to a “buy” rating and lifted their target price for the stock from $205.00 to $255.00 in a research report on Friday, May 15th. Truist Financial lifted their target price on shares of BWX Technologies from $205.00 to $212.00 and gave the stock a “hold” rating in a research report on Monday, May 11th. Finally, Wells Fargo & Company began coverage on shares of BWX Technologies in a research report on Wednesday, April 1st. They set an “underweight” rating and a $200.00 target price on the stock. Two research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, BWX Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $228.00.

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.