Inceptionr LLC purchased a new stake in shares of BWX Technologies, Inc. (NYSE:BWXT – Free Report) in the 4th quarter, Holdings Channel reports. The fund purchased 6,272 shares of the technology company’s stock, valued at approximately $1,084,000.
Several other large investors have also recently bought and sold shares of the stock. Oppenheimer Asset Management Inc. boosted its position in BWX Technologies by 1.0% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 5,448 shares of the technology company’s stock valued at $942,000 after purchasing an additional 54 shares during the last quarter. Stratos Wealth Partners LTD. boosted its position in BWX Technologies by 3.5% during the fourth quarter. Stratos Wealth Partners LTD. now owns 1,979 shares of the technology company’s stock valued at $342,000 after purchasing an additional 67 shares during the last quarter. Corient Private Wealth LLC boosted its position in BWX Technologies by 1.2% during the second quarter. Corient Private Wealth LLC now owns 5,880 shares of the technology company’s stock valued at $847,000 after purchasing an additional 69 shares during the last quarter. Barnes Dennig Private Wealth Management LLC boosted its position in BWX Technologies by 10.1% during the fourth quarter. Barnes Dennig Private Wealth Management LLC now owns 783 shares of the technology company’s stock valued at $135,000 after purchasing an additional 72 shares during the last quarter. Finally, Moors & Cabot Inc. boosted its position in BWX Technologies by 3.7% during the fourth quarter. Moors & Cabot Inc. now owns 2,040 shares of the technology company’s stock valued at $353,000 after purchasing an additional 72 shares during the last quarter. 94.39% of the stock is owned by institutional investors and hedge funds.
Insiders Place Their Bets
In other BWX Technologies news, CEO Rex D. Geveden sold 10,000 shares of the firm’s stock in a transaction on Tuesday, May 12th. The stock was 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 in the company, valued at $41,472,181.71. This trade represents a 4.71% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Michael Thomas Fitzgerald sold 2,417 shares of the firm’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $209.25, for a total value of $505,757.25. Following the transaction, the chief financial officer owned 6,884 shares in the company, valued at approximately $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 owned by company insiders.
BWX Technologies Price Performance
BWX Technologies (NYSE:BWXT – Get Free Report) last announced its earnings results 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. The company had revenue of $860.22 million for 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 firm’s quarterly revenue was up 26.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.91 earnings per share. BWX Technologies has set its FY 2026 guidance at 4.600-4.750 EPS. Equities research analysts predict that BWX Technologies, Inc. will post 4.71 earnings per share for the current year.
BWX Technologies Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Tuesday, May 19th were paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Tuesday, May 19th. BWX Technologies’s dividend payout ratio (DPR) is 28.88%.
Analyst Ratings Changes
BWXT has been the subject of several recent research reports. Wells Fargo & Company initiated coverage on BWX Technologies in a research report on Wednesday, April 1st. They set an “underweight” rating and a $200.00 price target for the company. Deutsche Bank Aktiengesellschaft raised BWX Technologies from a “hold” rating to a “buy” rating and increased their price target for the company from $205.00 to $255.00 in a research report on Friday, May 15th. Zacks Research cut BWX Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 11th. BTIG Research increased their price target on BWX Technologies from $225.00 to $235.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. Finally, Truist Financial upped their price objective on BWX Technologies from $205.00 to $212.00 and gave the company a “hold” rating in a research note on Monday, May 11th. Two research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $228.00.
Check Out 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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