Atika Capital Management LLC Sells 26,350 Shares of BWX Technologies, Inc. $BWXT

Atika Capital Management LLC cut its holdings in shares of BWX Technologies, Inc. (NYSE:BWXT) by 24.2% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 82,550 shares of the technology company’s stock after selling 26,350 shares during the quarter. BWX Technologies makes up 2.1% of Atika Capital Management LLC’s investment portfolio, making the stock its 11th largest holding. Atika Capital Management LLC’s holdings in BWX Technologies were worth $16,881,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in BWXT. WFA of San Diego LLC purchased a new stake in shares of BWX Technologies during the 2nd quarter worth approximately $29,000. MV Capital Management Inc. bought a new stake in shares of BWX Technologies in the fourth quarter valued at approximately $32,000. Tucker Asset Management LLC bought a new stake in shares of BWX Technologies in the fourth quarter valued at approximately $36,000. ORG Partners LLC lifted its stake in shares of BWX Technologies by 143.2% during the 4th quarter. ORG Partners LLC now owns 231 shares of the technology company’s stock valued at $40,000 after buying an additional 136 shares in the last quarter. Finally, Vermillion Wealth Management Inc. lifted its stake in shares of BWX Technologies by 71.7% during the 4th quarter. Vermillion Wealth Management Inc. now owns 237 shares of the technology company’s stock valued at $41,000 after buying an additional 99 shares in the last quarter. 94.39% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other BWX Technologies news, CFO Michael Thomas Fitzgerald sold 2,417 shares of the stock in a transaction that occurred 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 directly owned 6,884 shares in the company, valued at $1,440,477. This trade represents a 25.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Rex D. Geveden sold 10,000 shares of BWX Technologies stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $204.81, for a total transaction of $2,048,100.00. Following the transaction, the chief executive officer directly owned 202,491 shares in the company, valued at $41,472,181.71. This trade represents a 4.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is owned by corporate insiders.

BWX Technologies Price Performance

BWX Technologies stock opened at $176.53 on Friday. The stock has a market cap of $16.17 billion, a price-to-earnings ratio of 47.20, a PEG ratio of 2.99 and a beta of 0.74. The company has a quick ratio of 2.33, a current ratio of 2.40 and a debt-to-equity ratio of 1.58. The business has a 50-day simple moving average of $192.02 and a 200 day simple moving average of $202.94. BWX Technologies, Inc. has a 52 week low of $142.72 and a 52 week high of $241.82.

BWX Technologies (NYSE:BWXT) last released its quarterly earnings results on Monday, May 4th. The technology company reported $1.12 earnings per share for the quarter, beating the consensus estimate of $0.92 by $0.20. The firm had revenue of $860.22 million for the quarter, compared to analysts’ expectations of $837.47 million. BWX Technologies had a return on equity of 31.33% and a net margin of 10.20%.The company’s revenue was up 26.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.91 EPS. BWX Technologies has set its FY 2026 guidance at 4.600-4.750 EPS. On average, research analysts forecast that BWX Technologies, Inc. will post 4.6 earnings per share for the current fiscal year.

BWX Technologies Dividend Announcement

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

Analyst Upgrades and Downgrades

BWXT has been the subject of a number of recent research reports. Zacks Research lowered shares of BWX Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 11th. Seaport Research Partners upgraded BWX Technologies from a “neutral” rating to a “buy” rating and set a $245.00 target price on the stock in a research report on Monday, June 22nd. Truist Financial raised their price target on BWX Technologies from $205.00 to $212.00 and gave the stock a “hold” rating in a report on Monday, May 11th. Weiss Ratings restated a “buy (b-)” rating on shares of BWX Technologies in a research note on Friday, May 22nd. Finally, Wall Street Zen raised BWX Technologies from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Two research 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.com, BWX Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $228.00.

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.