BWX Technologies (NYSE:BWXT – Get Free Report) was downgraded by equities researchers at Wall Street Zen from a “buy” rating to a “hold” rating in a report released on Saturday.
Several other research firms have also recently weighed in on BWXT. Zacks Research cut shares of BWX Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. Deutsche Bank Aktiengesellschaft upgraded shares of BWX Technologies from a “hold” rating to a “buy” rating and upped their price objective for the stock from $205.00 to $255.00 in a report on Friday, May 15th. JPMorgan Chase & Co. initiated coverage on shares of BWX Technologies in a research report on Monday, July 27th. They issued an “overweight” rating and a $230.00 target price for the company. Truist Financial lifted 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. Finally, Seaport Research Partners upgraded shares of BWX Technologies from a “neutral” rating to a “buy” rating and set a $245.00 price target on the stock in a research report on Monday, June 22nd. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $228.20.
Get Our Latest Stock Report on BWXT
BWX Technologies Stock Down 0.1%
BWX Technologies (NYSE:BWXT – Get Free Report) last released its quarterly earnings results on Monday, August 3rd. The technology company reported $1.07 EPS for the quarter, beating analysts’ consensus estimates of $1.04 by $0.03. The business had revenue of $901.62 million during the quarter, compared to analyst estimates of $902.41 million. BWX Technologies had a return on equity of 30.83% and a net margin of 10.11%.BWX Technologies’s quarterly revenue was up 18.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.02 EPS. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. Sell-side analysts forecast that BWX Technologies will post 4.75 earnings per share for the current year.
Insider Buying and Selling
In related news, CEO Rex D. Geveden sold 10,000 shares of the business’s stock in a transaction dated 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 sale, the chief executive officer owned 202,491 shares of the company’s stock, valued at $41,472,181.71. The trade was a 4.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is owned by insiders.
Hedge Funds Weigh In On BWX Technologies
A number of institutional investors and hedge funds have recently made changes to their positions in BWXT. Massachusetts Financial Services Co. MA boosted its stake in BWX Technologies by 18.7% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,375,740 shares of the technology company’s stock valued at $237,783,000 after purchasing an additional 216,707 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of BWX Technologies in the 4th quarter worth $9,754,000. MGO One Seven LLC grew its holdings in shares of BWX Technologies by 354.7% in the fourth quarter. MGO One Seven LLC now owns 17,695 shares of the technology company’s stock worth $3,058,000 after acquiring an additional 13,803 shares during the period. Intech Investment Management LLC grew its holdings in shares of BWX Technologies by 22.7% in the fourth quarter. Intech Investment Management LLC now owns 32,668 shares of the technology company’s stock worth $5,646,000 after acquiring an additional 6,053 shares during the period. Finally, Ranger Investment Management L.P. purchased a new stake in BWX Technologies during the first quarter valued at $11,991,000. Institutional investors own 94.39% of the company’s stock.
About BWX Technologies
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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