Total Clarity Wealth Management Inc. purchased a new position in BWX Technologies, Inc. (NYSE:BWXT – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,874 shares of the technology company’s stock, valued at approximately $531,000.
A number of other large investors also recently modified their holdings of the business. BlackRock Inc. acquired a new stake in BWX Technologies in the second quarter worth about $2,359,895,000. First Trust Advisors LP grew its position in BWX Technologies by 12.2% in the 1st quarter. First Trust Advisors LP now owns 1,391,079 shares of the technology company’s stock valued at $284,462,000 after buying an additional 151,580 shares in the last quarter. Bank of New York Mellon Corp grew its position in BWX Technologies by 8.4% in the 1st quarter. Bank of New York Mellon Corp now owns 1,283,997 shares of the technology company’s stock valued at $262,565,000 after buying an additional 99,053 shares in the last quarter. Bank of America Corp DE acquired a new position in BWX Technologies during the 2nd quarter valued at about $202,020,000. Finally, William Blair Investment Management LLC acquired a new position in BWX Technologies during the 2nd quarter valued at about $183,211,000. 94.39% of the stock is owned by institutional investors and hedge funds.
BWX Technologies Price Performance
Shares of NYSE:BWXT opened at $134.83 on Thursday. BWX Technologies, Inc. has a one year low of $123.05 and a one year high of $241.82. The stock has a fifty day moving average of $144.53 and a 200-day moving average of $185.50. The company has a market capitalization of $12.35 billion, a PE ratio of 34.93, a price-to-earnings-growth ratio of 1.80 and a beta of 0.74. The company has a debt-to-equity ratio of 1.51, a quick ratio of 2.33 and a current ratio of 2.40.
BWX Technologies (NYSE:BWXT – Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The technology company reported $1.07 earnings per share for the quarter, topping the consensus estimate 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%. The company’s revenue was up 18.0% compared to the same quarter last year. During the same period last year, the company posted $1.02 EPS. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. As a group, equities analysts anticipate that BWX Technologies, Inc. will post 4.75 EPS for the current fiscal year.
BWX Technologies Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, August 18th were given a $0.27 dividend. The ex-dividend date was Tuesday, August 18th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.8%. BWX Technologies’s dividend payout ratio (DPR) is 27.98%.
Analyst Ratings Changes
A number of analysts have commented on the stock. BNP Paribas Exane dropped their price target on shares of BWX Technologies from $190.00 to $165.00 and set a “neutral” rating on the stock in a research report on Thursday, September 24th. BTIG Research reiterated a “buy” rating and issued a $235.00 price objective on shares of BWX Technologies in a report on Wednesday, September 30th. Wells Fargo & Company upgraded shares of BWX Technologies from an “underweight” rating to an “equal weight” rating and lowered their price objective for the company from $200.00 to $170.00 in a research note on Thursday, August 27th. Wall Street Zen cut BWX Technologies from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Finally, Jefferies Financial Group began coverage on BWX Technologies in a report on Thursday, September 3rd. They set a “buy” rating and a $181.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $205.00.
Get Our Latest Stock Report on BWXT
Insider Buying and Selling at BWX Technologies
In related news, CEO Rex D. Geveden sold 10,000 shares of BWX Technologies stock in a transaction dated 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 transaction, the chief executive officer owned 192,491 shares of the company’s stock, valued at approximately $33,204,697.50. This trade represents a 4.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is owned by company insiders.
BWX Technologies Company Profile
BWX Technologies, Inc (NYSE: BWXT) is a specialty manufacturer and services provider focused on nuclear technology. The company designs and manufactures nuclear reactors, reactor components, nuclear fuel and related equipment, with a major emphasis on highly engineered systems used in naval and commercial applications.
BWXT is a key supplier to the U.S. government, supporting the U.S. Navy’s nuclear-powered aircraft carriers and submarines through reactor design, component manufacturing, fuel production, maintenance and life-cycle services.
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