Alkeon Capital Management LLC Has $273.23 Million Position in BWX Technologies, Inc. $BWXT

Alkeon Capital Management LLC grew its stake in BWX Technologies, Inc. (NYSE:BWXT) by 0.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,580,848 shares of the technology company’s stock after purchasing an additional 2,800 shares during the period. Alkeon Capital Management LLC owned about 1.73% of BWX Technologies worth $273,234,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of BWX Technologies in the 4th quarter valued at approximately $9,754,000. Massachusetts Financial Services Co. MA boosted its stake in shares of BWX Technologies by 18.7% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,375,740 shares of the technology company’s stock valued at $237,783,000 after purchasing an additional 216,707 shares in the last quarter. MGO One Seven LLC boosted its stake in shares of BWX Technologies by 354.7% in the 4th quarter. MGO One Seven LLC now owns 17,695 shares of the technology company’s stock valued at $3,058,000 after purchasing an additional 13,803 shares in the last quarter. Granahan Investment Management LLC acquired a new stake in BWX Technologies during the 3rd quarter worth approximately $1,941,000. Finally, JPMorgan Chase & Co. boosted its position in BWX Technologies by 32.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 339,939 shares of the technology company’s stock worth $62,675,000 after buying an additional 84,085 shares during the period. 94.39% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

BWXT has been the topic of several recent research reports. Bank of America lifted their target price on shares of BWX Technologies from $230.00 to $250.00 and gave the stock a “buy” rating in a research report on Wednesday, March 25th. Weiss Ratings reiterated a “buy (b-)” rating on shares of BWX Technologies in a research report on Friday, May 22nd. Wells Fargo & Company initiated 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. Wall Street Zen upgraded shares of BWX Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Finally, 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. Two research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, BWX Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $228.00.

BWX Technologies Stock Up 0.5%

BWX Technologies stock opened at $194.32 on Tuesday. The company has a quick ratio of 2.33, a current ratio of 2.40 and a debt-to-equity ratio of 1.58. BWX Technologies, Inc. has a 12-month low of $133.84 and a 12-month high of $241.82. The firm’s fifty day moving average is $209.09 and its 200 day moving average is $200.35. The company has a market capitalization of $17.80 billion, a PE ratio of 51.96, a PEG ratio of 3.19 and a beta of 0.73.

BWX Technologies (NYSE:BWXT) last announced its quarterly earnings results on Monday, May 4th. The technology company reported $1.12 EPS for the quarter, beating analysts’ consensus estimates of $0.92 by $0.20. The business had revenue of $860.22 million during the quarter, compared to analyst estimates of $837.47 million. BWX Technologies had a net margin of 10.20% and a return on equity of 31.33%. BWX Technologies’s quarterly revenue was up 26.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.91 EPS. BWX Technologies has set its FY 2026 guidance at 4.600-4.750 EPS. As a group, sell-side analysts predict that BWX Technologies, Inc. will post 4.71 EPS for the current fiscal year.

BWX Technologies Dividend Announcement

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

Insider Buying and Selling at BWX Technologies

In related news, CFO Michael Thomas Fitzgerald sold 2,417 shares of the stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $209.25, for a total transaction of $505,757.25. Following the completion of the transaction, the chief financial officer owned 6,884 shares in the company, valued at approximately $1,440,477. This represents a 25.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Rex D. Geveden sold 10,000 shares of the stock in a transaction dated 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 of the company’s stock, valued at approximately $41,472,181.71. The trade was a 4.71% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.60% of the company’s stock.

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.