BWX Technologies (NYSE:BWXT) Sets New 52-Week High on Analyst Upgrade

BWX Technologies, Inc. (NYSE:BWXT) hit a new 52-week high during mid-day trading on Wednesday after Bank of America raised their price target on the stock from $230.00 to $250.00. Bank of America currently has a buy rating on the stock. BWX Technologies traded as high as $222.29 and last traded at $221.4840, with a volume of 1315741 shares changing hands. The stock had previously closed at $204.76.

A number of other equities analysts have also recently weighed in on the stock. 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 price target on the stock. CJS Securities upgraded shares of BWX Technologies to a “strong-buy” rating in a research report on Friday, December 12th. Truist Financial set a $205.00 price objective on BWX Technologies in a research note on Friday, January 9th. Wall Street Zen cut BWX Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Finally, BNP Paribas Exane began coverage on BWX Technologies in a report on Thursday, January 15th. They issued a “neutral” rating and a $215.00 price target for the company. Three investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $208.36.

Insider Transactions at BWX Technologies

In related news, CAO Kevin James Gorman sold 1,344 shares of the stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $214.71, for a total transaction of $288,570.24. Following the completion of the transaction, the chief accounting officer owned 114 shares in the company, valued at approximately $24,476.94. This represents a 92.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Rex D. Geveden sold 10,000 shares of the firm’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $203.26, for a total transaction of $2,032,600.00. Following the completion of the transaction, the chief executive officer directly owned 177,594 shares of the company’s stock, valued at approximately $36,097,756.44. This trade represents a 5.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 13,327 shares of company stock valued at $2,734,844 in the last ninety days. 0.47% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On BWX Technologies

A number of large investors have recently modified their holdings of BWXT. Massachusetts Financial Services Co. MA grew its stake in shares of BWX Technologies by 26.0% in the third quarter. Massachusetts Financial Services Co. MA now owns 1,159,033 shares of the technology company’s stock valued at $213,691,000 after buying an additional 239,292 shares in the last quarter. Eos Management L.P. raised its position in BWX Technologies by 27.9% during the third quarter. Eos Management L.P. now owns 25,894 shares of the technology company’s stock worth $4,774,000 after acquiring an additional 5,644 shares in the last quarter. Principal Financial Group Inc. raised its position in BWX Technologies by 51.1% during the third quarter. Principal Financial Group Inc. now owns 313,192 shares of the technology company’s stock worth $57,743,000 after acquiring an additional 105,879 shares in the last quarter. Thrivent Financial for Lutherans lifted its stake in BWX Technologies by 7.3% in the third quarter. Thrivent Financial for Lutherans now owns 669,636 shares of the technology company’s stock valued at $123,460,000 after acquiring an additional 45,667 shares during the last quarter. Finally, AGF Management Ltd. lifted its stake in BWX Technologies by 82.9% in the third quarter. AGF Management Ltd. now owns 70,544 shares of the technology company’s stock valued at $13,006,000 after acquiring an additional 31,980 shares during the last quarter. 94.39% of the stock is currently owned by institutional investors and hedge funds.

BWX Technologies Trading Down 7.6%

The business’s 50-day moving average price is $204.44 and its 200 day moving average price is $192.35. The company has a market cap of $18.81 billion, a P/E ratio of 57.51, a P/E/G ratio of 3.64 and a beta of 0.83. The company has a debt-to-equity ratio of 1.64, a quick ratio of 2.25 and a current ratio of 2.32.

BWX Technologies (NYSE:BWXT) last issued its earnings results on Monday, February 23rd. The technology company reported $1.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.91 by $0.17. BWX Technologies had a net margin of 10.28% and a return on equity of 30.94%. The company had revenue of $885.84 million for the quarter, compared to analysts’ expectations of $837.47 million. During the same period in the prior year, the firm earned $0.92 EPS. BWX Technologies’s quarterly revenue was up 18.7% compared to the same quarter last year. BWX Technologies has set its FY 2026 guidance at 4.550-4.700 EPS. As a group, analysts expect that BWX Technologies, Inc. will post 3.23 earnings per share for the current year.

BWX Technologies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Wednesday, March 11th will be paid a $0.27 dividend. This is a positive change from BWX Technologies’s previous quarterly dividend of $0.25. This represents a $1.08 annualized dividend and a yield of 0.5%. The ex-dividend date is Wednesday, March 11th. BWX Technologies’s dividend payout ratio is currently 30.25%.

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.