Equities researchers at Wells Fargo & Company initiated coverage on shares of BWX Technologies (NYSE:BWXT – Get Free Report) in a research report issued on Wednesday. The firm set an “underweight” rating and a $200.00 price target on the technology company’s stock. Wells Fargo & Company‘s price objective points to a potential downside of 2.32% from the stock’s current price.
A number of other brokerages have also commented on BWXT. Zacks Research upgraded BWX Technologies from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 21st. Weiss Ratings upgraded shares of BWX Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 25th. BTIG Research raised their target price on shares of BWX Technologies from $225.00 to $235.00 and gave the company a “buy” rating in a research note on Thursday, February 26th. BNP Paribas Exane began coverage on shares of BWX Technologies in a research report on Thursday, January 15th. They set a “neutral” rating and a $215.00 price target for the company. Finally, TD Cowen began coverage on shares of BWX Technologies in a report on Thursday, March 12th. They issued a “buy” rating and a $230.00 price objective on the stock. Three analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, BWX Technologies currently has an average rating of “Moderate Buy” and an average price target of $207.60.
View Our Latest Stock Report on BWXT
BWX Technologies Stock Up 6.9%
BWX Technologies (NYSE:BWXT – Get Free Report) last released 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 company had revenue of $885.84 million during the quarter, compared to the consensus estimate of $837.47 million. During the same quarter in the previous year, the company posted $0.92 earnings per share. The firm’s quarterly revenue 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 predict that BWX Technologies will post 3.23 earnings per share for the current year.
Insiders Place Their Bets
In other news, CEO Rex D. Geveden sold 10,000 shares of the company’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $203.26, for a total value of $2,032,600.00. Following the completion of the sale, the chief executive officer directly owned 177,594 shares of the company’s stock, valued at $36,097,756.44. This represents a 5.33% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Gerhard F. Burbach sold 1,983 shares of the stock in a transaction that occurred 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 quarter, insiders have sold 13,327 shares of company stock worth $2,734,844. Insiders own 0.60% of the company’s stock.
Institutional Investors Weigh In On BWX Technologies
Large investors have recently bought and sold shares of the company. Hsbc Holdings PLC raised its holdings in BWX Technologies by 260.2% in the fourth quarter. Hsbc Holdings PLC now owns 7,770 shares of the technology company’s stock worth $1,348,000 after purchasing an additional 5,613 shares during the period. Rockefeller Capital Management L.P. grew its holdings in shares of BWX Technologies by 3.4% in the 4th quarter. Rockefeller Capital Management L.P. now owns 28,172 shares of the technology company’s stock valued at $4,869,000 after buying an additional 926 shares during the period. ARP Global Capital Ltd acquired a new position in shares of BWX Technologies in the 4th quarter valued at $3,538,000. Corient Private Wealth LLC increased its position in shares of BWX Technologies by 28.5% in the 4th quarter. Corient Private Wealth LLC now owns 12,206 shares of the technology company’s stock valued at $2,110,000 after buying an additional 2,710 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd increased its position in shares of BWX Technologies by 26,900.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 810 shares of the technology company’s stock valued at $140,000 after buying an additional 807 shares in the last quarter. Institutional investors 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.
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