Creative Planning raised its stake in shares of BWX Technologies, Inc. (NYSE:BWXT) by 20.4% during the second quarter, Holdings Channel reports. The firm owned 4,045 shares of the technology company’s stock after buying an additional 685 shares during the period. Creative Planning’s holdings in BWX Technologies were worth $197,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Navellier & Associates Inc raised its position in BWX Technologies by 2.5% in the first quarter. Navellier & Associates Inc now owns 7,627 shares of the technology company’s stock worth $363,000 after buying an additional 188 shares during the last quarter. M&T Bank Corp raised its position in BWX Technologies by 5.1% in the first quarter. M&T Bank Corp now owns 6,906 shares of the technology company’s stock worth $328,000 after buying an additional 338 shares during the last quarter. Pacer Advisors Inc. raised its position in BWX Technologies by 15.8% in the first quarter. Pacer Advisors Inc. now owns 12,401 shares of the technology company’s stock worth $590,000 after buying an additional 1,690 shares during the last quarter. Oppenheimer Asset Management Inc. purchased a new position in BWX Technologies during the first quarter worth about $124,000. Finally, Keybank National Association OH raised its position in BWX Technologies by 10.9% in the first quarter. Keybank National Association OH now owns 27,992 shares of the technology company’s stock worth $1,332,000 after buying an additional 2,747 shares during the last quarter. 95.44% of the stock is owned by institutional investors and hedge funds.

BWX Technologies, Inc. (NYSE:BWXT) traded up 1.96% during mid-day trading on Tuesday, hitting $54.03. 306,627 shares of the company’s stock were exchanged. The firm has a 50 day moving average of $49.51 and a 200 day moving average of $47.21. The stock has a market capitalization of $5.35 billion, a P/E ratio of 29.41 and a beta of 0.45. BWX Technologies, Inc. has a 52 week low of $36.16 and a 52 week high of $54.25.

BWX Technologies (NYSE:BWXT) last issued its quarterly earnings data on Monday, August 7th. The technology company reported $0.56 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.09. BWX Technologies had a net margin of 11.63% and a return on equity of 98.16%. The firm had revenue of $410.01 million for the quarter, compared to analyst estimates of $429.38 million. During the same quarter in the prior year, the firm earned $0.44 EPS. The company’s revenue was up 1.9% on a year-over-year basis. Equities analysts forecast that BWX Technologies, Inc. will post $1.99 earnings per share for the current fiscal year.

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A number of research analysts have issued reports on BWXT shares. BidaskClub raised shares of BWX Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, July 1st. Zacks Investment Research lowered shares of BWX Technologies from a “buy” rating to a “hold” rating in a research note on Tuesday, July 4th. Credit Suisse Group started coverage on shares of BWX Technologies in a research note on Friday, June 9th. They set a “neutral” rating and a $51.00 target price for the company. Finally, Sidoti reissued a “buy” rating and set a $62.00 target price on shares of BWX Technologies in a research note on Wednesday, May 31st. Two research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $51.50.

In other BWX Technologies news, insider Harbour Group L.P. Blue sold 3,295,098 shares of the stock in a transaction dated Wednesday, June 7th. The shares were sold at an average price of $47.43, for a total transaction of $156,286,498.14. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 0.76% of the stock is owned by corporate insiders.

BWX Technologies Company Profile

BWX Technologies, Inc is a manufacturer of nuclear components and a service provider. The Company’s businesses focus on the design, engineering and manufacture of precision naval nuclear components, reactors and nuclear fuel for the United States Government. Its segments include Nuclear Operations, Technical Services, Nuclear Energy and Other.

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Institutional Ownership by Quarter for BWX Technologies (NYSE:BWXT)

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