Zacks Research Upgrades BWX Technologies (NYSE:BWXT) to “Strong-Buy”

BWX Technologies (NYSE:BWXT) was upgraded by stock analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a report released on Wednesday,Zacks.com reports.

BWXT has been the topic of a number of other research reports. CJS Securities raised shares of BWX Technologies to a “strong-buy” rating in a report on Friday, December 12th. Northland Securities set a $225.00 price target on BWX Technologies in a research report on Tuesday, November 4th. Bank of America boosted their price objective on BWX Technologies from $220.00 to $230.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. BTIG Research upped their price objective on BWX Technologies from $200.00 to $225.00 and gave the stock a “buy” rating in a research note on Friday, November 7th. Finally, Wall Street Zen raised BWX Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Three equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, BWX Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $199.20.

BWX Technologies Stock Performance

BWX Technologies stock opened at $206.33 on Wednesday. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.71 and a quick ratio of 1.62. BWX Technologies has a 12 month low of $84.21 and a 12 month high of $220.57. The company has a fifty day moving average price of $184.15 and a two-hundred day moving average price of $177.90. The company has a market cap of $18.86 billion, a PE ratio of 61.96, a P/E/G ratio of 3.37 and a beta of 0.86.

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

Insider Activity

In other news, CEO Rex D. Geveden sold 10,000 shares of the firm’s stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $197.90, for a total transaction of $1,979,000.00. Following the transaction, the chief executive officer directly owned 187,594 shares of the company’s stock, valued at approximately $37,124,852.60. This trade represents a 5.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.47% of the company’s stock.

Institutional Investors Weigh In On BWX Technologies

Several institutional investors have recently bought and sold shares of the stock. ARK Investment Management LLC boosted its holdings in shares of BWX Technologies by 426.5% during the second quarter. ARK Investment Management LLC now owns 641,049 shares of the technology company’s stock worth $92,350,000 after purchasing an additional 519,285 shares during the period. GAMMA Investing LLC lifted its position in BWX Technologies by 29.6% in the 2nd quarter. GAMMA Investing LLC now owns 2,071 shares of the technology company’s stock worth $298,000 after buying an additional 473 shares in the last quarter. Sequoia Financial Advisors LLC boosted its stake in shares of BWX Technologies by 7.1% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 46,409 shares of the technology company’s stock valued at $6,686,000 after buying an additional 3,087 shares during the period. Massachusetts Financial Services Co. MA boosted its stake in shares of BWX Technologies by 26.0% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,159,033 shares of the technology company’s stock valued at $213,691,000 after buying an additional 239,292 shares during the period. Finally, Police & Firemen s Retirement System of New Jersey grew its holdings in shares of BWX Technologies by 4.7% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 34,636 shares of the technology company’s stock valued at $4,990,000 after acquiring an additional 1,548 shares in the last quarter. Institutional investors and hedge funds own 94.39% of the company’s stock.

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.