Hsbc Holdings PLC increased its stake in shares of BWX Technologies, Inc. (NYSE:BWXT – Free Report) by 260.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 7,770 shares of the technology company’s stock after purchasing an additional 5,613 shares during the period. Hsbc Holdings PLC’s holdings in BWX Technologies were worth $1,348,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BWXT. Aventura Private Wealth LLC acquired a new position in BWX Technologies during the fourth quarter worth $29,000. WFA of San Diego LLC purchased a new position in shares of BWX Technologies during the second quarter worth $29,000. Strategic Advocates LLC acquired a new stake in shares of BWX Technologies in the third quarter valued at $32,000. MV Capital Management Inc. acquired a new stake in shares of BWX Technologies in the fourth quarter valued at $32,000. Finally, Tucker Asset Management LLC purchased a new stake in shares of BWX Technologies in the 4th quarter valued at $36,000. Hedge funds and other institutional investors own 94.39% of the company’s stock.
Insider Activity
In other news, CEO Rex D. Geveden sold 10,000 shares of the stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $204.81, for a total value of $2,048,100.00. Following the transaction, the chief executive officer owned 202,491 shares in the company, valued at approximately $41,472,181.71. This represents a 4.71% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 value 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. The trade was a 25.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.60% of the company’s stock.
BWX Technologies Trading Down 0.0%
BWX Technologies (NYSE:BWXT – Get Free Report) last issued its earnings results on Monday, May 4th. The technology company reported $1.12 EPS for the quarter, topping analysts’ consensus estimates of $0.92 by $0.20. The firm had revenue of $860.22 million during the quarter, compared to the consensus estimate of $837.47 million. BWX Technologies had a net margin of 10.20% and a return on equity of 31.33%. The company’s revenue was up 26.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.91 earnings per share. BWX Technologies has set its FY 2026 guidance at 4.600-4.750 EPS. Equities analysts predict that BWX Technologies, Inc. will post 4.6 earnings per share for the current fiscal year.
BWX Technologies Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Tuesday, May 19th were given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Tuesday, May 19th. BWX Technologies’s dividend payout ratio is currently 28.88%.
Analyst Ratings Changes
Several equities analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft raised BWX Technologies from a “hold” rating to a “buy” rating and increased their target price for the stock from $205.00 to $255.00 in a research note on Friday, May 15th. Wall Street Zen upgraded shares of BWX Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Truist Financial increased their price target on shares of BWX Technologies from $205.00 to $212.00 and gave the stock a “hold” rating in a research report on Monday, May 11th. Wells Fargo & Company assumed coverage on shares of BWX Technologies in a research report on Wednesday, April 1st. They set an “underweight” rating and a $200.00 price target on the stock. 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 given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $228.00.
View Our Latest Analysis on BWXT
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.
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