Atlas Wealth LLC acquired a new position in shares of BWX Technologies, Inc. (NYSE:BWXT – Free Report) in the first quarter, HoldingsChannel reports. The fund acquired 4,251 shares of the technology company’s stock, valued at approximately $869,000.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in BWXT. Wedbush Securities Inc. increased its position in shares of BWX Technologies by 4.3% in the 4th quarter. Wedbush Securities Inc. now owns 1,263 shares of the technology company’s stock valued at $218,000 after buying an additional 52 shares in the last quarter. Oppenheimer Asset Management Inc. grew its position in shares of BWX Technologies by 1.0% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 5,448 shares of the technology company’s stock valued at $942,000 after acquiring an additional 54 shares during the period. Guggenheim Capital LLC grew its holdings in BWX Technologies by 2.2% during the fourth quarter. Guggenheim Capital LLC now owns 2,598 shares of the technology company’s stock worth $449,000 after purchasing an additional 55 shares during the period. Stratos Wealth Partners LTD. increased its holdings in shares of 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 last quarter. Finally, Private Advisor Group LLC raised its stake in BWX Technologies by 2.4% in the 1st quarter. Private Advisor Group LLC now owns 2,847 shares of the technology company’s stock valued at $582,000 after acquiring an additional 67 shares during the period. Institutional investors own 94.39% of the company’s stock.
Wall Street Analyst Weigh In
Several brokerages have issued reports on BWXT. Deutsche Bank Aktiengesellschaft raised BWX Technologies from a “hold” rating to a “buy” rating and raised their price target for the company from $205.00 to $255.00 in a report on Friday, May 15th. Zacks Research cut shares of BWX Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 11th. Bank of America lifted their target price on shares of BWX Technologies from $230.00 to $250.00 and gave the stock a “buy” rating in a report on Wednesday, March 25th. Weiss Ratings reiterated a “buy (b-)” rating on shares of BWX Technologies in a research note on Friday, May 22nd. Finally, Wells Fargo & Company assumed coverage on BWX Technologies in a report on Wednesday, April 1st. They set an “underweight” rating and a $200.00 price objective for the company. Two equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, BWX Technologies presently has an average rating of “Moderate Buy” and an average price target of $228.00.
BWX Technologies Stock Performance
NYSE:BWXT opened at $171.52 on Friday. 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, Inc. has a fifty-two week low of $136.18 and a fifty-two week high of $241.82. The company has a 50 day simple moving average of $194.86 and a two-hundred day simple moving average of $202.81. The company has a market capitalization of $15.71 billion, a PE ratio of 45.86, a P/E/G ratio of 2.96 and a beta of 0.74.
BWX Technologies (NYSE:BWXT – Get Free Report) last posted its quarterly earnings data on Monday, May 4th. The technology company reported $1.12 EPS for the quarter, beating analysts’ consensus estimates of $0.92 by $0.20. BWX Technologies had a net margin of 10.20% and a return on equity of 31.33%. The company had revenue of $860.22 million for the quarter, compared to analyst estimates of $837.47 million. During the same period in the prior year, the firm posted $0.91 EPS. The company’s quarterly revenue was up 26.1% on a year-over-year basis. BWX Technologies has set its FY 2026 guidance at 4.600-4.750 EPS. Research analysts anticipate that BWX Technologies, Inc. will post 4.6 earnings per share for the current year.
BWX Technologies Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Tuesday, May 19th were given a dividend of $0.27 per share. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $1.08 dividend on an annualized basis and a yield of 0.6%. BWX Technologies’s dividend payout ratio is 28.88%.
Insiders Place Their Bets
In other news, CEO Rex D. Geveden sold 10,000 shares of the business’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $204.81, for a total value of $2,048,100.00. Following the transaction, the chief executive officer directly owned 202,491 shares of the company’s stock, valued at $41,472,181.71. The trade was a 4.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Michael Thomas Fitzgerald sold 2,417 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $209.25, for a total value of $505,757.25. Following the sale, 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 disclosure for this sale is available in the SEC filing. Corporate insiders own 0.60% of the company’s stock.
BWX Technologies 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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