Narwhal Capital Management Sells 10,744 Shares of BWX Technologies, Inc. $BWXT

Narwhal Capital Management trimmed its position in shares of BWX Technologies, Inc. (NYSE:BWXT) by 25.0% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 32,192 shares of the technology company’s stock after selling 10,744 shares during the quarter. Narwhal Capital Management’s holdings in BWX Technologies were worth $5,935,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of BWXT. Creative Financial Designs Inc. ADV lifted its stake in shares of BWX Technologies by 250.0% in the second quarter. Creative Financial Designs Inc. ADV now owns 175 shares of the technology company’s stock worth $25,000 after buying an additional 125 shares in the last quarter. Hantz Financial Services Inc. lifted 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 acquiring an additional 181 shares in the last quarter. WFA of San Diego LLC bought a new position in BWX Technologies in the 2nd quarter valued at approximately $29,000. Compass Financial Services Inc purchased a new stake in BWX Technologies during the 1st quarter valued at $33,000. Finally, HM Payson & Co. bought a new stake in shares of BWX Technologies in the 3rd quarter worth $52,000. 94.39% of the stock is owned by hedge funds and other institutional investors.

BWX Technologies Trading Up 4.4%

Shares of NYSE:BWXT opened at $201.67 on Friday. The stock’s 50-day simple moving average is $181.73 and its two-hundred day simple moving average is $173.69. The stock has a market capitalization of $18.44 billion, a price-to-earnings ratio of 60.56, a PEG ratio of 3.12 and a beta of 0.86. BWX Technologies, Inc. has a 52-week low of $84.21 and a 52-week high of $218.50. The company has a debt-to-equity ratio of 1.21, a quick ratio of 1.62 and a current ratio of 1.71.

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

BWX Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Wednesday, November 19th were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Wednesday, November 19th. BWX Technologies’s dividend payout ratio (DPR) is currently 30.03%.

Wall Street Analyst Weigh In

BWXT has been the topic of a number of research analyst reports. Wall Street Zen raised BWX Technologies from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Bank of America boosted their target price on BWX Technologies from $220.00 to $230.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. CJS Securities upgraded shares of BWX Technologies to a “strong-buy” rating in a research note on Friday, December 12th. Weiss Ratings reiterated a “hold (c+)” rating on shares of BWX Technologies in a research note on Monday, December 29th. Finally, William Blair reissued an “outperform” rating on shares of BWX Technologies in a report on Wednesday, September 17th. Three equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $196.94.

Insider Activity

In other news, CEO Rex D. Geveden sold 10,000 shares of the company’s stock in a transaction on 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 sale, the chief executive officer directly owned 187,594 shares in the company, valued at $37,124,852.60. This represents a 5.06% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.47% of the stock is currently owned by 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.