Corient Private Wealth LP Invests $2.46 Million in BWX Technologies, Inc. $BWXT

Corient Private Wealth LP bought a new stake in shares of BWX Technologies, Inc. (NYSE:BWXT) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 12,654 shares of the technology company’s stock, valued at approximately $2,463,000.

A number of other large investors also recently bought and sold shares of the business. MV Capital Management Inc. purchased a new position in BWX Technologies during the fourth quarter worth approximately $32,000. WFA of San Diego LLC acquired a new stake in BWX Technologies in the second quarter valued at approximately $29,000. Tucker Asset Management LLC purchased a new stake in shares of BWX Technologies in the fourth quarter valued at approximately $36,000. Vermillion Wealth Management Inc. increased its position in shares of BWX Technologies by 71.7% in the fourth quarter. Vermillion Wealth Management Inc. now owns 237 shares of the technology company’s stock valued at $41,000 after buying an additional 99 shares in the last quarter. Finally, Ancora Advisors LLC acquired a new position in shares of BWX Technologies during the 2nd quarter worth approximately $47,000. Institutional investors and hedge funds own 94.39% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. Wall Street Zen lowered BWX Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Weiss Ratings lowered shares of BWX Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, August 26th. Wells Fargo & Company upgraded shares of BWX Technologies from an “underweight” rating to an “equal weight” rating and reduced their price objective for the stock from $200.00 to $170.00 in a research report on Thursday, August 27th. Zacks Research downgraded shares of BWX Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. Finally, Truist Financial dropped their target price on shares of BWX Technologies from $212.00 to $202.00 and set a “hold” rating on the stock in a research report on Friday, August 14th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $224.20.

Insider Transactions at BWX Technologies

In other news, CEO Rex D. Geveden sold 10,000 shares of the company’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $172.50, for a total transaction of $1,725,000.00. Following the completion of the sale, the chief executive officer owned 192,491 shares of the company’s stock, valued at $33,204,697.50. This represents a 4.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is currently owned by company insiders.

BWX Technologies Price Performance

Shares of BWX Technologies stock opened at $155.67 on Thursday. The stock has a market capitalization of $14.26 billion, a P/E ratio of 40.33, a PEG ratio of 2.53 and a beta of 0.75. The business has a 50 day simple moving average of $172.71 and a two-hundred day simple moving average of $194.86. BWX Technologies, Inc. has a 12 month low of $147.74 and a 12 month high of $241.82. The company has a debt-to-equity ratio of 1.51, a current ratio of 2.40 and a quick ratio of 2.33.

BWX Technologies (NYSE:BWXT) last issued its quarterly earnings results on Monday, August 3rd. The technology company reported $1.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.04 by $0.03. BWX Technologies had a return on equity of 30.83% and a net margin of 10.11%.The firm had revenue of $901.62 million for the quarter, compared to analyst estimates of $902.41 million. During the same period in the previous year, the company posted $1.02 earnings per share. The business’s revenue was up 18.0% on a year-over-year basis. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. As a group, analysts predict that BWX Technologies, Inc. will post 4.75 EPS for the current fiscal year.

BWX Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Tuesday, August 18th will be issued a $0.27 dividend. The ex-dividend date is Tuesday, August 18th. This represents a $1.08 dividend on an annualized basis and a yield of 0.7%. BWX Technologies’s dividend payout ratio (DPR) is presently 27.98%.

About BWX Technologies

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.