L & S Advisors Inc decreased its holdings in BWX Technologies, Inc. (NYSE:BWXT – Free Report) by 12.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 23,444 shares of the technology company’s stock after selling 3,350 shares during the period. L & S Advisors Inc’s holdings in BWX Technologies were worth $4,052,000 as of its most recent SEC filing.
A number of other institutional investors also recently made changes to their positions in BWXT. Oppenheimer Asset Management Inc. raised its stake in BWX Technologies by 1.0% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 5,448 shares of the technology company’s stock worth $942,000 after acquiring an additional 54 shares during the period. Stratos Wealth Partners LTD. raised its stake 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 acquiring an additional 67 shares during the period. Corient Private Wealth LLC raised its stake in BWX Technologies by 1.2% during the 2nd quarter. Corient Private Wealth LLC now owns 5,880 shares of the technology company’s stock worth $847,000 after acquiring an additional 69 shares during the period. Barnes Dennig Private Wealth Management LLC raised its stake in BWX Technologies by 10.1% during the 4th quarter. Barnes Dennig Private Wealth Management LLC now owns 783 shares of the technology company’s stock worth $135,000 after acquiring an additional 72 shares during the period. Finally, Northwestern Mutual Investment Management Company LLC raised its stake in BWX Technologies by 0.4% during the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 20,456 shares of the technology company’s stock worth $3,536,000 after acquiring an additional 84 shares during the period. Hedge funds and other institutional investors own 94.39% of the company’s stock.
Insider Buying and Selling at BWX Technologies
In related news, CAO Kevin James Gorman sold 1,344 shares of the firm’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $214.71, for a total value of $288,570.24. Following the completion of the transaction, the chief accounting officer directly owned 114 shares of the company’s stock, valued at approximately $24,476.94. This trade represents a 92.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Gerhard F. Burbach sold 1,983 shares of the firm’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $208.61, for a total transaction of $413,673.63. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 15,744 shares of company stock valued at $3,256,101. 0.60% of the stock is owned by company insiders.
BWX Technologies Trading Down 3.1%
BWX Technologies (NYSE:BWXT – Get Free Report) last released its quarterly earnings data on Monday, May 4th. The technology company reported $1.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.92 by $0.20. The firm had revenue of $860.22 million for the quarter, compared to analysts’ expectations of $837.47 million. BWX Technologies had a net margin of 10.20% and a return on equity of 31.33%. The company’s revenue for the quarter was up 26.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.91 earnings per share. BWX Technologies has set its FY 2026 guidance at 4.600-4.750 EPS. On average, equities analysts predict that BWX Technologies, Inc. will post 4.71 earnings per share for the current fiscal year.
BWX Technologies Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Tuesday, May 19th will be issued a $0.27 dividend. The ex-dividend date of this dividend is Tuesday, May 19th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.5%. BWX Technologies’s dividend payout ratio (DPR) is 28.88%.
Wall Street Analyst Weigh In
A number of research firms have commented on BWXT. Bank of America raised their target price on shares of BWX Technologies from $230.00 to $250.00 and gave the stock a “buy” rating in a research note on Wednesday, March 25th. Wells Fargo & Company began coverage on shares of BWX Technologies in a research note on Wednesday, April 1st. They set an “underweight” rating and a $200.00 target price on the stock. Truist Financial lifted their price objective on shares of BWX Technologies from $205.00 to $212.00 and gave the company a “hold” rating in a research report on Monday, May 11th. TD Securities began coverage on shares of BWX Technologies in a research report on Thursday, March 12th. They set a “buy” rating and a $230.00 price objective on the stock. Finally, Wall Street Zen upgraded shares of BWX Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $222.96.
View Our Latest Report on BWXT
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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