Victory Capital Management Inc. Reduces Position in BWX Technologies, Inc. $BWXT

Victory Capital Management Inc. decreased its position in BWX Technologies, Inc. (NYSE:BWXT) by 3.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 278,840 shares of the technology company’s stock after selling 8,909 shares during the period. Victory Capital Management Inc. owned about 0.30% of BWX Technologies worth $51,410,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in BWXT. Hantz Financial Services Inc. grew its holdings in BWX Technologies by 861.9% in the 2nd quarter. Hantz Financial Services Inc. now owns 202 shares of the technology company’s stock worth $29,000 after acquiring an additional 181 shares during the last quarter. WFA of San Diego LLC bought a new position in shares of BWX Technologies during the second quarter valued at about $29,000. Global Trust Asset Management LLC purchased a new stake in shares of BWX Technologies during the third quarter worth about $32,000. Quent Capital LLC purchased a new stake in shares of BWX Technologies during the third quarter worth about $43,000. Finally, Root Financial Partners LLC bought a new stake in shares of BWX Technologies in the third quarter worth about $51,000. 94.39% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages recently issued reports on BWXT. CJS Securities upgraded BWX Technologies to a “strong-buy” rating in a report on Friday, December 12th. BTIG Research increased their price objective on BWX Technologies from $225.00 to $235.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. Weiss Ratings raised BWX Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 25th. Wall Street Zen downgraded BWX Technologies from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Finally, Truist Financial set a $205.00 price target on BWX Technologies in a research note on Friday, January 9th. Three equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $200.45.

BWX Technologies Stock Performance

Shares of BWXT opened at $195.65 on Friday. The company has a 50-day simple moving average of $201.04 and a two-hundred day simple moving average of $188.45. The company has a debt-to-equity ratio of 1.64, a current ratio of 2.32 and a quick ratio of 2.25. The firm has a market capitalization of $17.89 billion, a PE ratio of 54.80, a price-to-earnings-growth ratio of 3.19 and a beta of 0.83. BWX Technologies, Inc. has a one year low of $84.21 and a one year high of $220.57.

BWX Technologies (NYSE:BWXT) last posted its earnings results on Monday, February 23rd. The technology company reported $1.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.91 by $0.17. BWX Technologies had a return on equity of 30.94% and a net margin of 10.28%.The firm had revenue of $885.84 million for the quarter, compared to the consensus estimate of $837.47 million. During the same quarter in the prior year, the business earned $0.92 EPS. The business’s revenue for the quarter was up 18.7% on a year-over-year basis. BWX Technologies has set its FY 2026 guidance at 4.550-4.700 EPS. On average, analysts anticipate that BWX Technologies, Inc. will post 3.23 EPS for the current fiscal year.

BWX Technologies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Wednesday, March 11th will be paid a $0.27 dividend. The ex-dividend date of this dividend is Wednesday, March 11th. This is a positive change from BWX Technologies’s previous quarterly dividend of $0.25. This represents a $1.08 annualized dividend and a yield of 0.6%. BWX Technologies’s payout ratio is currently 28.01%.

Insiders Place Their Bets

In other BWX Technologies news, CAO Kevin James Gorman sold 1,344 shares of the firm’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $214.71, for a total transaction of $288,570.24. Following the completion of the transaction, the chief accounting officer owned 114 shares of the company’s stock, valued at approximately $24,476.94. This trade represents a 92.18% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Gerhard F. Burbach sold 1,983 shares of the business’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $208.61, for a total transaction of $413,673.63. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 13,327 shares of company stock worth $2,734,844. 0.47% of the stock is owned by corporate 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.