BWX Technologies, Inc. $BWXT Shares Purchased by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans raised its stake in BWX Technologies, Inc. (NYSE:BWXT) by 7.3% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 669,636 shares of the technology company’s stock after acquiring an additional 45,667 shares during the period. Thrivent Financial for Lutherans owned 0.73% of BWX Technologies worth $123,460,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Goldman Sachs Group Inc. boosted its position in BWX Technologies by 0.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 141,680 shares of the technology company’s stock valued at $13,977,000 after purchasing an additional 371 shares during the period. Caxton Associates LLP bought a new stake in BWX Technologies in the first quarter valued at $304,000. Abacus Planning Group Inc. acquired a new position in shares of BWX Technologies during the second quarter valued at $241,000. ZWJ Investment Counsel Inc. grew its position in shares of BWX Technologies by 0.4% during the second quarter. ZWJ Investment Counsel Inc. now owns 508,822 shares of the technology company’s stock worth $73,301,000 after acquiring an additional 2,259 shares during the last quarter. Finally, QRG Capital Management Inc. bought a new position in shares of BWX Technologies during the second quarter worth about $228,000. 94.39% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at BWX Technologies

In other BWX Technologies news, CEO Rex D. Geveden sold 10,000 shares of the company’s stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $197.90, for a total value of $1,979,000.00. Following the transaction, the chief executive officer owned 187,594 shares of the company’s stock, valued at approximately $37,124,852.60. This represents a 5.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.47% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. BNP Paribas Exane upgraded shares of BWX Technologies to a “hold” rating in a research report on Thursday, January 15th. Deutsche Bank Aktiengesellschaft set a $180.00 price target on BWX Technologies and gave the company a “hold” rating in a report on Wednesday, October 8th. BTIG Research increased their price objective on BWX Technologies from $200.00 to $225.00 and gave the stock a “buy” rating in a report on Friday, November 7th. Zacks Research raised BWX Technologies from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 21st. Finally, CJS Securities raised BWX Technologies to a “strong-buy” rating in a research note on Friday, December 12th. Three research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $199.20.

BWX Technologies Trading Down 2.3%

Shares of BWXT stock opened at $205.36 on Friday. The stock has a 50-day simple moving average of $188.21 and a 200 day simple moving average of $181.16. The stock has a market capitalization of $18.78 billion, a P/E ratio of 61.67, a P/E/G ratio of 3.38 and a beta of 0.86. BWX Technologies, Inc. has a fifty-two week low of $84.21 and a fifty-two week high of $220.57. The company has a quick ratio of 1.62, a current ratio of 1.71 and a debt-to-equity ratio of 1.21.

BWX Technologies (NYSE:BWXT) last issued its quarterly earnings results on Monday, November 3rd. The technology company reported $1.00 EPS for the quarter, topping the consensus estimate of $0.85 by $0.15. BWX Technologies had a net margin of 10.04% and a return on equity of 30.70%. The firm had revenue of $866.29 million for the quarter, compared to analysts’ expectations of $795.48 million. During the same period in the previous year, the business earned $0.83 earnings per share. BWX Technologies’s revenue for the quarter was up 28.9% compared to the same quarter last year. BWX Technologies has set its FY 2025 guidance at 3.750-3.800 EPS. On average, sell-side analysts expect that BWX Technologies, Inc. will post 3.23 earnings per share for the current fiscal year.

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.