Twin Tree Management LP purchased a new stake in shares of BWX Technologies, Inc. (NYSE:BWXT – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 3,640 shares of the technology company’s stock, valued at approximately $709,000.
Other large investors have also recently bought and sold shares of the company. Haverford Trust Co bought a new position in shares of BWX Technologies in the 2nd quarter worth about $208,000. First Nebraska Trust Co acquired a new position in shares of BWX Technologies in the 2nd quarter valued at about $292,000. Bank of Nova Scotia bought a new stake in shares of BWX Technologies during the 2nd quarter valued at about $9,343,000. Commerce Bank bought a new stake in shares of BWX Technologies during the 2nd quarter valued at about $1,970,000. Finally, Northwestern Mutual Wealth Management Co. acquired a new stake in BWX Technologies during the second quarter worth approximately $334,000. 94.39% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
BWXT has been the subject of a number of research analyst reports. Zacks Research downgraded BWX Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. Deutsche Bank Aktiengesellschaft upgraded BWX Technologies from a “hold” rating to a “buy” rating and increased their price target for the stock from $205.00 to $255.00 in a report on Friday, May 15th. BTIG Research reaffirmed a “buy” rating and set a $235.00 price objective on shares of BWX Technologies in a research report on Tuesday, August 4th. Seaport Research Partners upgraded shares of BWX Technologies from a “neutral” rating to a “buy” rating and set a $245.00 price objective for the company in a research note on Monday, June 22nd. Finally, Truist Financial lowered their price objective on shares of BWX Technologies from $212.00 to $202.00 and set a “hold” rating for the company in a research note on Friday, August 14th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $227.20.
BWX Technologies Price Performance
BWXT stock opened at $156.95 on Friday. The company has a debt-to-equity ratio of 1.51, a current ratio of 2.40 and a quick ratio of 2.33. The company’s 50-day moving average is $180.70 and its 200-day moving average is $197.41. The stock has a market capitalization of $14.38 billion, a PE ratio of 40.66, a price-to-earnings-growth ratio of 2.45 and a beta of 0.76. BWX Technologies, Inc. has a 1 year low of $154.59 and a 1 year high of $241.82.
BWX Technologies (NYSE:BWXT – Get Free Report) last issued its earnings results on Monday, August 3rd. The technology company reported $1.07 EPS for the quarter, beating analysts’ consensus estimates of $1.04 by $0.03. BWX Technologies had a return on equity of 30.83% and a net margin of 10.11%.The business had revenue of $901.62 million during the quarter, compared to analyst estimates of $902.41 million. During the same period in the previous year, the company posted $1.02 EPS. The firm’s revenue was up 18.0% compared to the same quarter last year. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. Equities research analysts expect that BWX Technologies, Inc. will post 4.75 EPS for the current fiscal year.
BWX Technologies Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Tuesday, August 18th will be issued a dividend of $0.27 per share. The ex-dividend date is Tuesday, August 18th. This represents a $1.08 annualized dividend and a dividend yield of 0.7%. BWX Technologies’s payout ratio is currently 27.98%.
Insider Activity at BWX Technologies
In other news, CEO Rex D. Geveden sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $172.50, for a total transaction of $1,725,000.00. Following the completion of the sale, the chief executive officer owned 192,491 shares in the company, valued at $33,204,697.50. The trade was a 4.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is currently owned by corporate insiders.
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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