26,500 Shares in BWX Technologies, Inc. $BWXT Purchased by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System bought a new stake in BWX Technologies, Inc. (NYSE:BWXTFree Report) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 26,500 shares of the technology company’s stock, valued at approximately $5,419,000.

Other large investors have also recently bought and sold shares of the company. Goldman Sachs Group Inc. raised its holdings in shares of BWX Technologies by 0.3% in the first quarter. Goldman Sachs Group Inc. now owns 141,680 shares of the technology company’s stock valued at $13,977,000 after purchasing an additional 371 shares during the last quarter. Caxton Associates LLP acquired a new position in BWX Technologies during the first quarter worth $304,000. Flow Traders U.S. LLC bought a new position in BWX Technologies in the second quarter valued at $404,000. NewEdge Advisors LLC grew its position in BWX Technologies by 670.0% in the second quarter. NewEdge Advisors LLC now owns 7,030 shares of the technology company’s stock valued at $1,013,000 after purchasing an additional 6,117 shares in the last quarter. Finally, Sei Investments Co. increased its stake in BWX Technologies by 44.9% in the 2nd quarter. Sei Investments Co. now owns 256,969 shares of the technology company’s stock valued at $37,018,000 after buying an additional 79,646 shares during the last quarter. Institutional investors and hedge funds own 94.39% of the company’s stock.

Analyst Ratings Changes

BWXT has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft raised shares of BWX Technologies from a “hold” rating to a “buy” rating and boosted their price target for the stock 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. TD Securities assumed coverage on BWX Technologies in a research note on Thursday, March 12th. They issued a “buy” rating and a $230.00 price target for the company. Truist Financial upped their price objective on BWX Technologies from $205.00 to $212.00 and gave the stock a “hold” rating in a research note on Monday, May 11th. Finally, Wall Street Zen raised BWX Technologies from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $228.00.

View Our Latest Report on BWXT

BWX Technologies Stock Down 3.3%

Shares of BWXT stock opened at $197.95 on Friday. BWX Technologies, Inc. has a 52-week low of $133.84 and a 52-week high of $241.82. The stock has a market cap of $18.13 billion, a price-to-earnings ratio of 52.93, a PEG ratio of 3.45 and a beta of 0.73. The firm’s 50-day moving average is $204.90 and its 200-day moving average is $201.88. The company has a debt-to-equity ratio of 1.58, a quick ratio of 2.33 and a current ratio of 2.40.

BWX Technologies (NYSE:BWXTGet Free Report) last posted its quarterly 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 business had revenue of $860.22 million during the quarter, compared to analysts’ expectations of $837.47 million. BWX Technologies had a return on equity of 31.33% and a net margin of 10.20%.BWX Technologies’s quarterly revenue was up 26.1% on a year-over-year basis. During the same quarter last year, the company posted $0.91 earnings per share. BWX Technologies has set its FY 2026 guidance at 4.600-4.750 EPS. Sell-side analysts predict that BWX Technologies, Inc. will post 4.6 EPS for the current year.

BWX Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Tuesday, May 19th were paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Tuesday, May 19th. BWX Technologies’s payout ratio is currently 28.88%.

Insider Buying and Selling

In related news, CFO Michael Thomas Fitzgerald sold 2,417 shares of the 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 sale, the chief financial officer owned 6,884 shares in the company, valued at approximately $1,440,477. This represents a 25.99% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Rex D. Geveden sold 10,000 shares of the firm’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $204.81, for a total value of $2,048,100.00. Following the sale, the chief executive officer directly owned 202,491 shares of the company’s stock, valued at $41,472,181.71. This represents a 4.71% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is currently owned by insiders.

About BWX Technologies

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for BWX Technologies (NYSE:BWXT)

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