BWX Technologies, Inc. (NYSE:BWXT – Get Free Report) shot up 4.2% during trading on Tuesday . The company traded as high as $157.75 and last traded at $158.6530. 358,456 shares traded hands during mid-day trading, a decline of 65% from the average daily volume of 1,014,977 shares. The stock had previously closed at $152.29.
Analyst Ratings Changes
Several analysts recently weighed in on BWXT shares. Deutsche Bank Aktiengesellschaft raised BWX Technologies from a “hold” rating to a “buy” rating and raised their price objective for the company from $205.00 to $255.00 in a research note on Friday, May 15th. Seaport Research Partners upgraded shares of BWX Technologies from a “neutral” rating to a “buy” rating and set a $245.00 target price on the stock in a research report on Monday, June 22nd. Truist Financial dropped their target price on BWX Technologies from $212.00 to $202.00 and set a “hold” rating for the company in a research report on Friday, August 14th. BTIG Research reiterated a “buy” rating and set a $235.00 price target on shares of BWX Technologies in a report on Tuesday, August 4th. Finally, JPMorgan Chase & Co. started coverage on BWX Technologies in a research note on Monday, July 27th. They issued an “overweight” rating and a $230.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, BWX Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $224.20.
Get Our Latest Analysis on BWXT
BWX Technologies Price Performance
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 period in the prior year, the firm posted $1.02 EPS. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. As a group, sell-side analysts forecast that BWX Technologies, Inc. will post 4.75 earnings per share for the current fiscal year.
BWX Technologies Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Tuesday, August 18th will be issued a dividend of $0.27 per share. The ex-dividend date of this dividend is Tuesday, August 18th. This represents a $1.08 annualized dividend and a yield of 0.7%. BWX Technologies’s dividend payout ratio is 27.98%.
Insider Activity
In other news, CEO Rex D. Geveden sold 10,000 shares of BWX Technologies stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $172.50, for a total value of $1,725,000.00. Following the completion of the transaction, the chief executive officer directly owned 192,491 shares in the company, valued at approximately $33,204,697.50. The trade was a 4.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On BWX Technologies
Several hedge funds have recently bought and sold shares of BWXT. Transamerica Financial Advisors LLC purchased a new position in shares of BWX Technologies during the 2nd quarter valued at $26,000. MV Capital Management Inc. bought a new position in shares of BWX Technologies during the 4th quarter valued at about $32,000. WFA of San Diego LLC purchased a new position in BWX Technologies in the 2nd quarter worth $29,000. Stonehage Fleming Financial Services Holdings Ltd purchased a new position in BWX Technologies in the 2nd quarter worth approximately $40,000. Finally, Tucker Asset Management LLC bought a new position in shares of BWX Technologies during the fourth quarter valued at about $36,000. Hedge funds and other institutional investors own 94.39% of the company’s stock.
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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