BWX Technologies, Inc. $BWXT Stock Holdings Boosted by Bessemer Group Inc.

Bessemer Group Inc. raised its position in shares of BWX Technologies, Inc. (NYSE:BWXT) by 0.1% in the second quarter, HoldingsChannel.com reports. The firm owned 1,039,200 shares of the technology company’s stock after buying an additional 977 shares during the period. Bessemer Group Inc.’s holdings in BWX Technologies were worth $149,706,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Valeo Financial Advisors LLC boosted its stake in shares of BWX Technologies by 33,572.0% during the 2nd quarter. Valeo Financial Advisors LLC now owns 1,517,599 shares of the technology company’s stock worth $2,228,000 after acquiring an additional 1,513,092 shares in the last quarter. William Blair Investment Management LLC boosted its stake in shares of BWX Technologies by 523.2% during the 2nd quarter. William Blair Investment Management LLC now owns 1,517,356 shares of the technology company’s stock worth $218,590,000 after acquiring an additional 1,273,895 shares in the last quarter. T. Rowe Price Investment Management Inc. boosted its stake in shares of BWX Technologies by 19.7% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 4,503,679 shares of the technology company’s stock worth $444,288,000 after acquiring an additional 741,282 shares in the last quarter. Westwood Holdings Group Inc. boosted its stake in shares of BWX Technologies by 279.0% during the 1st quarter. Westwood Holdings Group Inc. now owns 958,563 shares of the technology company’s stock worth $94,562,000 after acquiring an additional 705,648 shares in the last quarter. Finally, ARK Investment Management LLC boosted its stake in shares of BWX Technologies by 426.5% during the 2nd quarter. ARK Investment Management LLC now owns 641,049 shares of the technology company’s stock worth $92,350,000 after acquiring an additional 519,285 shares in the last quarter. 94.39% of the stock is owned by institutional investors.

Insider Transactions at BWX Technologies

In related news, SVP Omar Fathi Meguid sold 2,261 shares of the stock in a transaction on Wednesday, August 6th. The stock was sold at an average price of $179.84, for a total transaction of $406,618.24. Following the completion of the sale, the senior vice president directly owned 2,361 shares in the company, valued at approximately $424,602.24. This trade represents a 48.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Leland D. Melvin sold 600 shares of the stock in a transaction on Monday, August 11th. The stock was sold at an average price of $178.26, for a total value of $106,956.00. Following the sale, the director owned 5,579 shares of the company’s stock, valued at approximately $994,512.54. This represents a 9.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 29,953 shares of company stock valued at $5,359,758 in the last three months. 0.47% of the stock is currently owned by insiders.

BWX Technologies Stock Performance

Shares of BWX Technologies stock opened at $203.08 on Monday. The stock has a market cap of $18.56 billion, a PE ratio of 63.46, a price-to-earnings-growth ratio of 4.04 and a beta of 0.78. The business has a fifty day simple moving average of $179.30 and a 200-day simple moving average of $148.25. The company has a quick ratio of 1.60, a current ratio of 1.69 and a debt-to-equity ratio of 1.28. BWX Technologies, Inc. has a 12 month low of $84.21 and a 12 month high of $214.72.

BWX Technologies (NYSE:BWXT) last issued its earnings results on Monday, August 4th. The technology company reported $1.02 EPS for the quarter, topping the consensus estimate of $0.79 by $0.23. The business had revenue of $764.00 million during the quarter, compared to analysts’ expectations of $708.00 million. BWX Technologies had a return on equity of 30.61% and a net margin of 10.28%.BWX Technologies’s revenue was up 12.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.82 earnings per share. BWX Technologies has set its FY 2025 guidance at 3.650-3.750 EPS. On average, sell-side analysts anticipate that BWX Technologies, Inc. will post 3.23 EPS for the current fiscal year.

BWX Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 5th. Stockholders of record on Monday, August 18th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, August 18th. BWX Technologies’s dividend payout ratio (DPR) is 31.25%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Zacks Research raised BWX Technologies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 7th. Wall Street Zen lowered BWX Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. Northland Securities assumed coverage on BWX Technologies in a research note on Wednesday, September 10th. They set an “outperform” rating and a $205.00 price objective for the company. Northland Capmk raised BWX Technologies to a “strong-buy” rating in a research note on Tuesday, September 9th. Finally, Wedbush reissued an “outperform” rating on shares of BWX Technologies in a research note on Wednesday, October 1st. Three investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $168.08.

BWX Technologies Profile

BWX Technologies, Inc, together with its subsidiaries, manufactures and sells nuclear components in the United States, Canada, and internationally. It operates through two segments, Government Operations and Commercial Operations. The Government Operations segment designs and manufactures naval nuclear components, reactors, and nuclear fuel; fabrication activities; and supplies proprietary and sole-source valves, manifolds, and fittings to naval and commercial shipping customers.