Compass Wealth Management LLC lowered its stake in BWX Technologies, Inc. (NYSE:BWXT – Free Report) by 25.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 23,740 shares of the technology company’s stock after selling 8,145 shares during the quarter. Compass Wealth Management LLC’s holdings in BWX Technologies were worth $4,103,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Oppenheimer Asset Management Inc. boosted its stake in BWX Technologies by 1.0% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 5,448 shares of the technology company’s stock worth $942,000 after purchasing an additional 54 shares during the period. Stratos Wealth Partners LTD. raised its holdings in shares of BWX Technologies by 3.5% in the fourth quarter. Stratos Wealth Partners LTD. now owns 1,979 shares of the technology company’s stock valued at $342,000 after purchasing an additional 67 shares during the last quarter. Corient Private Wealth LLC raised its holdings in shares of BWX Technologies by 1.2% in the second quarter. Corient Private Wealth LLC now owns 5,880 shares of the technology company’s stock valued at $847,000 after purchasing an additional 69 shares during the last quarter. Barnes Dennig Private Wealth Management LLC raised its holdings in shares of 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 valued at $135,000 after purchasing an additional 72 shares during the last quarter. Finally, Moors & Cabot Inc. boosted its stake in shares of BWX Technologies by 3.7% during the 4th quarter. Moors & Cabot Inc. now owns 2,040 shares of the technology company’s stock worth $353,000 after buying an additional 72 shares during the last quarter. 94.39% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of equities analysts have recently commented on the stock. BTIG Research increased their price objective on shares of BWX Technologies from $225.00 to $235.00 and gave the stock a “buy” rating in a research note on Thursday, February 26th. Deutsche Bank Aktiengesellschaft upgraded shares of BWX Technologies from a “hold” rating to a “buy” rating and increased their price objective for the stock from $205.00 to $255.00 in a research note on Friday, May 15th. Zacks Research downgraded shares of BWX Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 11th. Wells Fargo & Company assumed coverage on shares of BWX Technologies in a research note on Wednesday, April 1st. They set an “underweight” rating and a $200.00 price objective for the company. Finally, Bank of America increased their price objective 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. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $228.00.
BWX Technologies Trading Down 2.9%
Shares of NYSE:BWXT opened at $183.47 on Thursday. BWX Technologies, Inc. has a 52-week low of $128.96 and a 52-week high of $241.82. The company has a market capitalization of $16.81 billion, a P/E ratio of 49.06, a price-to-earnings-growth ratio of 3.11 and a beta of 0.73. The company has a 50-day simple moving average of $210.08 and a 200 day simple moving average of $199.90. The company has a debt-to-equity ratio of 1.58, 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 results on Monday, May 4th. The technology company reported $1.12 earnings per share 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 business’s revenue was up 26.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.91 EPS. BWX Technologies has set its FY 2026 guidance at 4.600-4.750 EPS. Sell-side analysts forecast that BWX Technologies, Inc. will post 4.71 earnings per share for the current year.
BWX Technologies Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Tuesday, May 19th were issued a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Tuesday, May 19th. BWX Technologies’s dividend payout ratio is currently 28.88%.
Insider Activity
In other BWX Technologies news, CFO Michael Thomas Fitzgerald sold 2,417 shares of the stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $209.25, for a total value of $505,757.25. Following the transaction, the chief financial officer directly owned 6,884 shares of the company’s stock, valued at $1,440,477. This represents a 25.99% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Rex D. Geveden sold 10,000 shares of the stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $204.81, for a total transaction of $2,048,100.00. Following the completion of the transaction, the chief executive officer directly owned 202,491 shares in the company, valued at approximately $41,472,181.71. This represents a 4.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is owned by corporate insiders.
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.
Featured Articles
- Five stocks we like better than BWX Technologies
- Everpure: AI Storage Uncertainty Overshadows Breakneck Growth
- This Tech ETF Is Beating QQQ—and Canada May Be Part of the Reason
- Intel Is the Market’s Most Mispriced AI Hedge
- The Biggest Opportunity From SpaceX’s IPO May Surprise You
Want to see what other hedge funds are holding BWXT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BWX Technologies, Inc. (NYSE:BWXT – Free Report).
Receive News & Ratings for BWX Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BWX Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
