BWX Technologies (NYSE:BWXT) Downgraded by Seaport Res Ptn to “Hold”

Seaport Res Ptn lowered shares of BWX Technologies (NYSE:BWXT) from a strong-buy rating to a hold rating in a research note published on Tuesday morning,Zacks.com reports.

A number of other brokerages also recently issued reports on BWXT. Wall Street Zen upgraded shares of BWX Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Northland Securities set a $225.00 price objective on BWX Technologies in a report on Tuesday, November 4th. BTIG Research raised their target price on BWX Technologies from $200.00 to $225.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. Truist Financial set a $205.00 price target on BWX Technologies in a report on Friday, January 9th. Finally, Wedbush reiterated an “outperform” rating on shares of BWX Technologies in a research note on Wednesday, October 1st. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, BWX Technologies currently has an average rating of “Moderate Buy” and an average target price of $200.96.

BWX Technologies Trading Down 5.4%

BWXT opened at $206.19 on Tuesday. The business has a fifty day moving average price of $183.32 and a 200 day moving average price of $177.48. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.71 and a quick ratio of 1.62. BWX Technologies has a 12 month low of $84.21 and a 12 month high of $220.57. The stock has a market capitalization of $18.85 billion, a price-to-earnings ratio of 61.92, a PEG ratio of 3.50 and a beta of 0.86.

BWX Technologies (NYSE:BWXT) last announced its quarterly earnings data on Monday, November 3rd. The technology company reported $1.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.15. BWX Technologies had a return on equity of 30.70% and a net margin of 10.04%.The business had revenue of $866.29 million during the quarter, compared to analysts’ expectations of $795.48 million. During the same quarter last year, the business posted $0.83 EPS. The business’s quarterly revenue was up 28.9% compared to the same quarter last year. BWX Technologies has set its FY 2025 guidance at 3.750-3.800 EPS. Sell-side analysts expect that BWX Technologies will post 3.23 earnings per share for the current fiscal year.

BWX Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Wednesday, November 19th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Wednesday, November 19th. BWX Technologies’s payout ratio is presently 30.03%.

Insider Buying and Selling

In related news, CEO Rex D. Geveden sold 10,000 shares of the company’s stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $197.90, for a total value of $1,979,000.00. Following the completion of the sale, the chief executive officer owned 187,594 shares in the company, valued at $37,124,852.60. This represents a 5.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.47% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Stratos Wealth Partners LTD. lifted its holdings in BWX Technologies by 3.5% during the 4th quarter. Stratos Wealth Partners LTD. now owns 1,979 shares of the technology company’s stock worth $342,000 after buying an additional 67 shares during the last quarter. Corient Private Wealth LLC raised its position in shares of BWX Technologies by 1.2% during the 2nd quarter. Corient Private Wealth LLC now owns 5,880 shares of the technology company’s stock valued at $847,000 after acquiring an additional 69 shares in the last quarter. HHM Wealth Advisors LLC raised its position in shares of BWX Technologies by 17.9% during the 2nd quarter. HHM Wealth Advisors LLC now owns 460 shares of the technology company’s stock valued at $66,000 after acquiring an additional 70 shares in the last quarter. JT Stratford LLC lifted its stake in BWX Technologies by 2.5% during the second quarter. JT Stratford LLC now owns 2,927 shares of the technology company’s stock worth $422,000 after purchasing an additional 72 shares during the last quarter. Finally, Barnes Dennig Private Wealth Management LLC boosted its holdings in BWX Technologies by 10.1% in the fourth quarter. Barnes Dennig Private Wealth Management LLC now owns 783 shares of the technology company’s stock worth $135,000 after purchasing an additional 72 shares during the period. 94.39% of the stock is currently owned by institutional investors and hedge funds.

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.