L & S Advisors Inc Buys 1,080 Shares of BWX Technologies, Inc. $BWXT

L & S Advisors Inc increased its stake in BWX Technologies, Inc. (NYSE:BWXT) by 3.9% during the 2nd quarter, HoldingsChannel reports. The firm owned 28,897 shares of the technology company’s stock after buying an additional 1,080 shares during the period. L & S Advisors Inc’s holdings in BWX Technologies were worth $4,163,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV increased its stake in BWX Technologies by 250.0% in the second quarter. Creative Financial Designs Inc. ADV now owns 175 shares of the technology company’s stock worth $25,000 after purchasing an additional 125 shares during the period. Hantz Financial Services Inc. increased its position in shares of BWX Technologies by 861.9% during the second quarter. Hantz Financial Services Inc. now owns 202 shares of the technology company’s stock worth $29,000 after acquiring an additional 181 shares during the period. Stone House Investment Management LLC purchased a new stake in shares of BWX Technologies in the first quarter valued at approximately $31,000. Compass Financial Services Inc bought a new position in BWX Technologies in the first quarter worth approximately $33,000. Finally, HHM Wealth Advisors LLC grew its position in shares of BWX Technologies by 34.5% during the 1st quarter. HHM Wealth Advisors LLC now owns 390 shares of the technology company’s stock worth $38,000 after buying an additional 100 shares in the last quarter. Hedge funds and other institutional investors own 94.39% of the company’s stock.

Insider Activity at BWX Technologies

In other news, CEO Rex D. Geveden sold 10,000 shares of the 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 $37,124,852.60. This represents a 5.06% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.47% of the company’s stock.

BWX Technologies Trading Down 9.7%

Shares of BWXT stock opened at $177.59 on Friday. The firm has a 50-day moving average price of $189.82 and a 200 day moving average price of $157.44. BWX Technologies, Inc. has a 12-month low of $84.21 and a 12-month high of $218.50. The company has a market capitalization of $16.24 billion, a P/E ratio of 55.50, a P/E/G ratio of 4.24 and a beta of 0.78. The company has a quick ratio of 1.60, a current ratio of 1.69 and a debt-to-equity ratio of 1.28.

BWX Technologies (NYSE:BWXT) last posted its quarterly earnings data on Monday, November 3rd. The technology company reported $1.00 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.15. BWX Technologies had a net margin of 10.28% and a return on equity of 30.61%. The firm had revenue of $866.29 million during the quarter, compared to analysts’ expectations of $795.48 million. During the same quarter in the previous year, the company posted $0.83 EPS. BWX Technologies’s revenue was up 28.9% on a year-over-year basis. BWX Technologies has set its FY 2025 guidance at 3.750-3.800 EPS. Research analysts forecast that BWX Technologies, Inc. will post 3.23 earnings per share for the current fiscal year.

BWX Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Wednesday, November 19th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Wednesday, November 19th. BWX Technologies’s payout ratio is currently 30.03%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on BWXT shares. BTIG Research boosted their price target on BWX Technologies from $200.00 to $225.00 and gave the stock a “buy” rating in a research note on Friday, November 7th. Weiss Ratings raised shares of BWX Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, November 7th. William Blair reiterated an “outperform” rating on shares of BWX Technologies in a research note on Wednesday, September 17th. Wall Street Zen upgraded BWX Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Finally, Zacks Research raised BWX Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 7th. Three investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, BWX Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $184.83.

BWX Technologies 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.