Royce & Associates LP cut its holdings in BWX Technologies, Inc. (NYSE:BWXT – Free Report) by 40.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 40,827 shares of the technology company’s stock after selling 28,005 shares during the quarter. Royce & Associates LP’s holdings in BWX Technologies were worth $7,057,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in the business. Smithfield Trust Co lifted its stake in BWX Technologies by 52.1% in the fourth quarter. Smithfield Trust Co now owns 251 shares of the technology company’s stock valued at $44,000 after acquiring an additional 86 shares during the last quarter. Cary Street Partners Financial LLC acquired a new stake in BWX Technologies in the fourth quarter valued at approximately $3,356,000. Themes Management Co LLC acquired a new stake in BWX Technologies in the fourth quarter valued at approximately $812,000. Harbour Investments Inc. lifted its stake in BWX Technologies by 56.2% in the fourth quarter. Harbour Investments Inc. now owns 542 shares of the technology company’s stock valued at $94,000 after acquiring an additional 195 shares during the last quarter. Finally, New Age Alpha Advisors LLC lifted its stake in BWX Technologies by 9.5% in the fourth quarter. New Age Alpha Advisors LLC now owns 19,873 shares of the technology company’s stock valued at $3,435,000 after acquiring an additional 1,729 shares during the last quarter. 94.39% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of research analysts recently weighed in on the company. Wall Street Zen raised BWX Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. TD Cowen began coverage on BWX Technologies in a research note on Thursday, March 12th. They issued a “buy” rating and a $230.00 price objective on the stock. Weiss Ratings restated a “buy (b-)” rating on shares of BWX Technologies in a research note on Friday, May 22nd. Zacks Research cut shares of BWX Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 11th. Finally, BTIG Research boosted their price objective on shares of BWX Technologies from $225.00 to $235.00 and gave the stock a “buy” rating in a research note on Thursday, February 26th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $228.00.
Insider Activity at BWX Technologies
In related news, CAO Kevin James Gorman sold 1,344 shares of the company’s 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 directly owned 114 shares in the company, valued at $24,476.94. This represents a 92.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Rex D. Geveden sold 10,000 shares of the company’s 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 owned 202,491 shares of the company’s stock, valued at approximately $41,472,181.71. The trade was a 4.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 13,761 shares of company stock worth $2,842,427 in the last ninety days. 0.60% of the stock is currently owned by insiders.
BWX Technologies Price Performance
Shares of BWX Technologies stock opened at $199.24 on Friday. The firm has a fifty day simple moving average of $213.25 and a 200-day simple moving average of $199.63. The company has a current ratio of 2.40, a quick ratio of 2.33 and a debt-to-equity ratio of 1.58. BWX Technologies, Inc. has a 1-year low of $123.12 and a 1-year high of $241.82. The stock has a market capitalization of $18.25 billion, a price-to-earnings ratio of 53.27, a PEG ratio of 3.28 and a beta of 0.78.
BWX Technologies (NYSE:BWXT – Get Free Report) last issued its quarterly earnings data on Monday, May 4th. The technology company reported $1.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.92 by $0.20. BWX Technologies had a net margin of 10.20% and a return on equity of 31.33%. The business had revenue of $860.22 million during the quarter, compared to analysts’ expectations of $837.47 million. During the same period in the previous year, the company earned $0.91 earnings per share. BWX Technologies’s revenue for the quarter was up 26.1% on a year-over-year basis. BWX Technologies has set its FY 2026 guidance at 4.600-4.750 EPS. On average, sell-side analysts expect that BWX Technologies, Inc. will post 4.71 earnings per share for the current year.
BWX Technologies Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Tuesday, May 19th will be paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 0.5%. The ex-dividend date is Tuesday, May 19th. BWX Technologies’s dividend payout ratio is presently 28.88%.
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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