Harbor Capital Advisors Inc. Lowers Position in BWX Technologies, Inc. $BWXT

Harbor Capital Advisors Inc. lessened its holdings in BWX Technologies, Inc. (NYSE:BWXT) by 88.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,750 shares of the technology company’s stock after selling 66,763 shares during the period. Harbor Capital Advisors Inc.’s holdings in BWX Technologies were worth $1,613,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Creative Financial Designs Inc. ADV boosted its position in BWX Technologies by 250.0% during the second quarter. Creative Financial Designs Inc. ADV now owns 175 shares of the technology company’s stock worth $25,000 after acquiring an additional 125 shares during the last quarter. WFA of San Diego LLC purchased a new position in shares of BWX Technologies in the 2nd quarter valued at $29,000. Hantz Financial Services Inc. grew its position in BWX Technologies by 861.9% in the 2nd quarter. Hantz Financial Services Inc. now owns 202 shares of the technology company’s stock valued at $29,000 after buying an additional 181 shares during the last quarter. Compass Financial Services Inc acquired a new position in BWX Technologies during the first quarter worth about $33,000. Finally, Parkside Financial Bank & Trust boosted its position in shares of BWX Technologies by 60.5% in the 2nd quarter. Parkside Financial Bank & Trust now owns 390 shares of the technology company’s stock worth $56,000 after buying an additional 147 shares in the last quarter. 94.39% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on BWXT. William Blair reaffirmed an “outperform” rating on shares of BWX Technologies in a research report on Wednesday, September 17th. CJS Securities upgraded shares of BWX Technologies to a “strong-buy” rating in a research note on Friday, December 12th. Northland Securities set a $225.00 price objective on shares of BWX Technologies in a research report on Tuesday, November 4th. Wedbush reiterated an “outperform” rating on shares of BWX Technologies in a research note on Wednesday, October 1st. Finally, Bank of America increased their price target on BWX Technologies from $220.00 to $230.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. Three equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $196.23.

Insider Buying and Selling at BWX Technologies

In other BWX Technologies news, CEO Rex D. Geveden sold 10,000 shares of the business’s stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $197.90, for a total value of $1,979,000.00. Following the completion of the transaction, the chief executive officer directly owned 187,594 shares of the company’s stock, valued at approximately $37,124,852.60. The trade was a 5.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.47% of the stock is currently owned by corporate insiders.

BWX Technologies Stock Performance

BWXT opened at $175.88 on Friday. The company has a current ratio of 1.71, a quick ratio of 1.62 and a debt-to-equity ratio of 1.21. The stock’s 50 day simple moving average is $185.97 and its 200-day simple moving average is $170.50. BWX Technologies, Inc. has a 1 year low of $84.21 and a 1 year high of $218.50. The stock has a market cap of $16.08 billion, a PE ratio of 52.82, a P/E/G ratio of 3.47 and a beta of 0.85.

BWX Technologies (NYSE:BWXT) last issued its earnings results on Monday, November 3rd. The technology company reported $1.00 EPS for the quarter, beating the consensus estimate of $0.85 by $0.15. The company had revenue of $866.29 million for the quarter, compared to the consensus estimate of $795.48 million. BWX Technologies had a net margin of 10.04% and a return on equity of 30.70%. During the same quarter in the previous year, the company earned $0.83 EPS. The firm’s revenue for the quarter was up 28.9% compared to the same quarter last year. BWX Technologies has set its FY 2025 guidance at 3.750-3.800 EPS. Sell-side analysts forecast that BWX Technologies, Inc. will post 3.23 EPS for the current year.

BWX Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Wednesday, November 19th were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Wednesday, November 19th. BWX Technologies’s dividend payout ratio (DPR) is currently 30.03%.

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.