Gotham Asset Management LLC Has $30.03 Million Position in BWX Technologies, Inc. $BWXT

Gotham Asset Management LLC increased its position in shares of BWX Technologies, Inc. (NYSE:BWXT) by 29.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 162,887 shares of the technology company’s stock after acquiring an additional 36,871 shares during the period. Gotham Asset Management LLC’s holdings in BWX Technologies were worth $30,031,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA lifted its stake in BWX Technologies by 26.0% during the third quarter. Massachusetts Financial Services Co. MA now owns 1,159,033 shares of the technology company’s stock worth $213,691,000 after purchasing an additional 239,292 shares during the last quarter. Eos Management L.P. increased its stake in shares of BWX Technologies by 27.9% in the 3rd quarter. Eos Management L.P. now owns 25,894 shares of the technology company’s stock valued at $4,774,000 after purchasing an additional 5,644 shares during the last quarter. Principal Financial Group Inc. raised its holdings in shares of BWX Technologies by 51.1% during the 3rd quarter. Principal Financial Group Inc. now owns 313,192 shares of the technology company’s stock worth $57,743,000 after buying an additional 105,879 shares in the last quarter. Thrivent Financial for Lutherans raised its holdings in shares of BWX Technologies by 7.3% during the 3rd quarter. Thrivent Financial for Lutherans now owns 669,636 shares of the technology company’s stock worth $123,460,000 after buying an additional 45,667 shares in the last quarter. Finally, AGF Management Ltd. lifted its position in shares of BWX Technologies by 82.9% during the 3rd quarter. AGF Management Ltd. now owns 70,544 shares of the technology company’s stock worth $13,006,000 after buying an additional 31,980 shares during the last quarter. 94.39% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, Director Gerhard F. Burbach sold 1,983 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $208.61, for a total value of $413,673.63. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Rex D. Geveden sold 10,000 shares of the company’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $203.26, for a total transaction of $2,032,600.00. Following the completion of the sale, the chief executive officer directly owned 177,594 shares in the company, valued at approximately $36,097,756.44. This represents a 5.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 13,327 shares of company stock worth $2,734,844. 0.47% of the stock is currently owned by insiders.

BWX Technologies Stock Up 5.6%

NYSE:BWXT opened at $204.94 on Tuesday. BWX Technologies, Inc. has a one year low of $84.21 and a one year high of $220.57. 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 company has a market cap of $18.74 billion, a PE ratio of 57.41, a P/E/G ratio of 3.17 and a beta of 0.83. The firm’s 50 day simple moving average is $203.51 and its 200 day simple moving average is $190.20.

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

BWX Technologies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Wednesday, March 11th will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Wednesday, March 11th. This represents a $1.08 dividend on an annualized basis and a yield of 0.5%. This is a boost from BWX Technologies’s previous quarterly dividend of $0.25. BWX Technologies’s payout ratio is currently 30.25%.

Analysts Set New Price Targets

A number of research analysts have issued reports on BWXT shares. TD Securities began coverage on BWX Technologies in a research report on Thursday, March 12th. They issued a “buy” rating and a $230.00 target price on the stock. Truist Financial set a $205.00 target price on shares of BWX Technologies in a report on Friday, January 9th. Zacks Research raised shares of BWX Technologies from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 21st. TD Cowen initiated coverage on shares of BWX Technologies in a research report on Thursday, March 12th. They set a “buy” rating and a $230.00 price objective for the company. Finally, Wall Street Zen downgraded shares of BWX Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Three research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, BWX Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $206.36.

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.