BWX Technologies, Inc. $BWXT Stake Boosted by Naples Global Advisors LLC

Naples Global Advisors LLC increased its position in shares of BWX Technologies, Inc. (NYSE:BWXT) by 1.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 37,310 shares of the technology company’s stock after purchasing an additional 525 shares during the quarter. Naples Global Advisors LLC’s holdings in BWX Technologies were worth $5,375,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in BWX Technologies by 2.1% during the first quarter. Vanguard Group Inc. now owns 9,404,287 shares of the technology company’s stock worth $927,733,000 after purchasing an additional 192,363 shares during the last quarter. T. Rowe Price Investment Management Inc. lifted its stake in BWX Technologies by 19.7% during the first quarter. T. Rowe Price Investment Management Inc. now owns 4,503,679 shares of the technology company’s stock worth $444,288,000 after purchasing an additional 741,282 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in BWX Technologies by 11.9% during the first quarter. Dimensional Fund Advisors LP now owns 1,211,624 shares of the technology company’s stock worth $119,522,000 after purchasing an additional 128,791 shares during the last quarter. Bessemer Group Inc. lifted its stake in BWX Technologies by 1.6% during the first quarter. Bessemer Group Inc. now owns 1,038,223 shares of the technology company’s stock worth $102,419,000 after purchasing an additional 16,262 shares during the last quarter. Finally, Westwood Holdings Group Inc. lifted its stake in BWX Technologies by 279.0% during the first quarter. Westwood Holdings Group Inc. now owns 958,563 shares of the technology company’s stock worth $94,562,000 after purchasing an additional 705,648 shares during the last quarter. 94.39% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, Director Leland D. Melvin sold 600 shares of the firm’s stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $178.26, for a total transaction of $106,956.00. Following the completion of the transaction, the director owned 5,579 shares of the company’s stock, valued at $994,512.54. This trade represents a 9.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Omar Fathi Meguid sold 2,261 shares of the firm’s stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $179.84, for a total value of $406,618.24. Following the transaction, the senior vice president directly owned 2,361 shares of the company’s stock, valued at $424,602.24. This represents a 48.92% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 29,953 shares of company stock valued at $5,359,758 over the last three months. 0.47% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on BWXT shares. Wall Street Zen cut BWX Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. Northland Securities initiated coverage on BWX Technologies in a research report on Wednesday, September 10th. They issued an “outperform” rating and a $205.00 target price on the stock. Truist Financial set a $145.00 target price on BWX Technologies and gave the stock a “hold” rating in a research report on Tuesday, August 5th. Wedbush reaffirmed an “outperform” rating on shares of BWX Technologies in a research report on Wednesday. Finally, William Blair reaffirmed an “outperform” rating on shares of BWX Technologies in a research report on Wednesday, September 17th. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $160.83.

BWX Technologies Price Performance

Shares of BWXT opened at $187.28 on Thursday. The firm has a market capitalization of $17.12 billion, a price-to-earnings ratio of 58.53, a price-to-earnings-growth ratio of 4.18 and a beta of 0.78. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.60 and a current ratio of 1.69. BWX Technologies, Inc. has a one year low of $84.21 and a one year high of $189.25. The stock’s fifty day moving average is $168.11 and its 200-day moving average is $135.98.

BWX Technologies (NYSE:BWXT) last issued its quarterly earnings results on Monday, August 4th. The technology company reported $1.02 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.23. The company had revenue of $764.00 million for the quarter, compared to analyst estimates of $708.00 million. BWX Technologies had a return on equity of 30.61% and a net margin of 10.28%.The company’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same period last year, the company earned $0.82 earnings per share. BWX Technologies has set its FY 2025 guidance at 3.650-3.750 EPS. Equities analysts anticipate that BWX Technologies, Inc. will post 3.23 EPS for the current year.

BWX Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 5th. Stockholders of record on Monday, August 18th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, August 18th. BWX Technologies’s dividend payout ratio (DPR) is 31.25%.

BWX Technologies Company Profile

BWX Technologies, Inc, together with its subsidiaries, manufactures and sells nuclear components in the United States, Canada, and internationally. It operates through two segments, Government Operations and Commercial Operations. The Government Operations segment designs and manufactures naval nuclear components, reactors, and nuclear fuel; fabrication activities; and supplies proprietary and sole-source valves, manifolds, and fittings to naval and commercial shipping customers.