Pictet Asset Management Holding SA Has $5.03 Million Position in BWX Technologies, Inc. $BWXT

Pictet Asset Management Holding SA boosted its position in shares of BWX Technologies, Inc. (NYSE:BWXT) by 20.3% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 24,594 shares of the technology company’s stock after buying an additional 4,152 shares during the quarter. Pictet Asset Management Holding SA’s holdings in BWX Technologies were worth $5,029,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Aventura Private Wealth LLC acquired a new stake in shares of BWX Technologies in the 4th quarter valued at $29,000. WFA of San Diego LLC acquired a new position in shares of BWX Technologies during the second quarter valued at $29,000. Strategic Advocates LLC acquired a new position in shares of BWX Technologies during the third quarter valued at $32,000. MV Capital Management Inc. bought a new position in BWX Technologies in the fourth quarter valued at about $32,000. Finally, Tucker Asset Management LLC bought a new position in BWX Technologies in the fourth quarter valued at about $36,000. 94.39% of the stock is currently owned by institutional investors.

BWX Technologies Trading Down 0.3%

NYSE:BWXT opened at $190.58 on Friday. BWX Technologies, Inc. has a 1-year low of $133.84 and a 1-year high of $241.82. The business’s 50-day moving average price is $201.43 and its two-hundred day moving average price is $202.32. The company has a current ratio of 2.40, a quick ratio of 2.33 and a debt-to-equity ratio of 1.58. The firm has a market capitalization of $17.46 billion, a price-to-earnings ratio of 50.96, a PEG ratio of 3.22 and a beta of 0.74.

BWX Technologies (NYSE:BWXT) last posted its earnings results on Monday, May 4th. The technology company reported $1.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.92 by $0.20. The company had revenue of $860.22 million during the quarter, compared to analyst estimates 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 for the quarter was up 26.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.91 EPS. BWX Technologies has set its FY 2026 guidance at 4.600-4.750 EPS. On average, equities analysts expect that BWX Technologies, Inc. will post 4.6 earnings per share for the current year.

BWX Technologies Dividend Announcement

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

Wall Street Analysts Forecast Growth

BWXT has been the subject of several recent research reports. Zacks Research cut BWX Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. Seaport Research Partners raised shares of BWX Technologies from a “neutral” rating to a “buy” rating and set a $245.00 target price on the stock in a research note on Monday, June 22nd. Truist Financial raised their target price on shares of BWX Technologies from $205.00 to $212.00 and gave the company a “hold” rating in a research note on Monday, May 11th. TD Cowen initiated 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 for the company. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of BWX Technologies in a research note on Friday, May 22nd. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $228.00.

Insider Buying and Selling

In other news, CEO Rex D. Geveden sold 10,000 shares of BWX Technologies 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 directly owned 202,491 shares of the company’s stock, valued at $41,472,181.71. This trade represents a 4.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 completion of the transaction, the chief financial officer directly owned 6,884 shares of the company’s stock, valued at $1,440,477. This trade represents a 25.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.60% of the stock is currently owned by insiders.

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.