Levin Capital Strategies L.P. lessened its position in BWX Technologies, Inc. (NYSE:BWXT – Free Report) by 3.0% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 98,629 shares of the technology company’s stock after selling 3,028 shares during the period. BWX Technologies makes up 1.5% of Levin Capital Strategies L.P.’s holdings, making the stock its 17th largest position. Levin Capital Strategies L.P.’s holdings in BWX Technologies were worth $20,169,000 at the end of the most recent quarter.
Other institutional investors have also modified their holdings of the company. MV Capital Management Inc. bought a new position in BWX Technologies during the fourth quarter valued at about $32,000. WFA of San Diego LLC bought a new stake in BWX Technologies in the second quarter worth about $29,000. Tucker Asset Management LLC bought a new stake in BWX Technologies in the fourth quarter worth about $36,000. ORG Partners LLC lifted its holdings in BWX Technologies by 143.2% in the 4th quarter. ORG Partners LLC now owns 231 shares of the technology company’s stock valued at $40,000 after acquiring an additional 136 shares during the last quarter. Finally, Vermillion Wealth Management Inc. lifted its holdings in BWX Technologies by 71.7% in the 4th quarter. Vermillion Wealth Management Inc. now owns 237 shares of the technology company’s stock valued at $41,000 after acquiring an additional 99 shares during the last quarter. Institutional investors and hedge funds own 94.39% of the company’s stock.
Wall Street Analyst Weigh In
Several equities analysts have recently weighed in on the stock. Weiss Ratings restated a “buy (b-)” rating on shares of BWX Technologies in a research report on Friday, May 22nd. Zacks Research downgraded shares of BWX Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. Truist Financial increased their target price on shares of BWX Technologies from $205.00 to $212.00 and gave the company a “hold” rating in a research note on Monday, May 11th. Wells Fargo & Company began coverage on shares of BWX Technologies in a report on Wednesday, April 1st. They set an “underweight” rating and a $200.00 target price for the company. Finally, Wall Street Zen upgraded shares of BWX Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $228.00.
Insider Activity at BWX Technologies
In other news, CFO Michael Thomas Fitzgerald sold 2,417 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $209.25, for a total transaction of $505,757.25. Following the sale, the chief financial officer owned 6,884 shares in the company, valued at $1,440,477. The trade was a 25.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Rex D. Geveden sold 10,000 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the chief executive officer owned 202,491 shares of the company’s stock, valued at approximately $41,472,181.71. This trade 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. Company insiders own 0.60% of the company’s stock.
BWX Technologies Trading Up 1.0%
NYSE:BWXT opened at $174.74 on Thursday. The company has a quick ratio of 2.33, a current ratio of 2.40 and a debt-to-equity ratio of 1.58. BWX Technologies, Inc. has a 1-year low of $140.98 and a 1-year high of $241.82. The firm has a market capitalization of $16.01 billion, a price-to-earnings ratio of 46.72, a price-to-earnings-growth ratio of 2.95 and a beta of 0.74. The stock has a fifty day simple moving average of $192.72 and a 200 day simple moving average of $202.98.
BWX Technologies (NYSE:BWXT – Get Free Report) last issued its quarterly 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 firm had revenue of $860.22 million for 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 revenue was up 26.1% on a year-over-year basis. During the same quarter last year, the business posted $0.91 EPS. BWX Technologies has set its FY 2026 guidance at 4.600-4.750 EPS. Sell-side analysts forecast that BWX Technologies, Inc. will post 4.6 earnings per share for the current year.
BWX Technologies Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Tuesday, May 19th were given a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Tuesday, May 19th. BWX Technologies’s dividend payout ratio (DPR) is 28.88%.
BWX Technologies Company 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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