BWX Technologies, Inc. (NYSE:BWXT) Sees Significant Growth in Short Interest

BWX Technologies, Inc. (NYSE:BWXTGet Free Report) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 2,747,394 shares, a growth of 19.6% from the December 15th total of 2,297,963 shares. Based on an average daily volume of 749,754 shares, the short-interest ratio is currently 3.7 days. Approximately 3.0% of the company’s shares are short sold. Approximately 3.0% of the company’s shares are short sold. Based on an average daily volume of 749,754 shares, the short-interest ratio is currently 3.7 days.

BWX Technologies Stock Up 2.2%

Shares of BWXT traded up $4.60 on Monday, reaching $217.85. The stock had a trading volume of 1,824,387 shares, compared to its average volume of 866,210. The firm has a market capitalization of $19.92 billion, a price-to-earnings ratio of 65.42, a price-to-earnings-growth ratio of 3.50 and a beta of 0.86. The company has a debt-to-equity ratio of 1.21, a quick ratio of 1.62 and a current ratio of 1.71. The company has a 50-day simple moving average of $183.11 and a 200-day simple moving average of $177.05. BWX Technologies has a 12-month low of $84.21 and a 12-month high of $220.57.

BWX Technologies (NYSE:BWXTGet Free Report) last issued its quarterly earnings results 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 company had revenue of $866.29 million for the quarter, compared to analysts’ expectations of $795.48 million. BWX Technologies had a return on equity of 30.70% and a net margin of 10.04%.The firm’s revenue for the quarter was up 28.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.83 earnings per share. BWX Technologies has set its FY 2025 guidance at 3.750-3.800 EPS. Sell-side analysts predict that BWX Technologies 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. Investors of record on Wednesday, November 19th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Wednesday, November 19th. BWX Technologies’s dividend payout ratio (DPR) is 30.03%.

Insider Activity at BWX Technologies

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

Institutional Investors Weigh In On BWX Technologies

A number of hedge funds and other institutional investors have recently bought and sold shares of BWXT. Creative Financial Designs Inc. ADV boosted its position in shares of BWX Technologies by 250.0% in the 2nd quarter. Creative Financial Designs Inc. ADV now owns 175 shares of the technology company’s stock worth $25,000 after purchasing an additional 125 shares in the last quarter. Hantz Financial Services Inc. boosted its holdings in BWX Technologies by 861.9% in the second quarter. Hantz Financial Services Inc. now owns 202 shares of the technology company’s stock worth $29,000 after acquiring an additional 181 shares in the last quarter. Aventura Private Wealth LLC purchased a new stake in shares of BWX Technologies in the fourth quarter worth $29,000. WFA of San Diego LLC purchased a new stake in shares of BWX Technologies in the second quarter worth $29,000. Finally, Global Trust Asset Management LLC bought a new position in shares of BWX Technologies during the third quarter valued at $32,000. Hedge funds and other institutional investors own 94.39% of the company’s stock.

Wall Street Analyst Weigh In

BWXT has been the topic of a number of analyst reports. Northland Securities set a $225.00 price objective on shares of BWX Technologies in a research report on Tuesday, November 4th. Bank of America raised their target price on BWX Technologies from $220.00 to $230.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. Zacks Research lowered BWX Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 24th. Wall Street Zen upgraded BWX Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Finally, Truist Financial set a $205.00 target price on BWX Technologies in a report on Friday, January 9th. Three investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $200.96.

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BWX Technologies Company Profile

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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.

Further Reading

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