Trek Financial LLC Purchases Shares of 13,331 BWX Technologies, Inc. $BWXT

Trek Financial LLC purchased a new position in shares of BWX Technologies, Inc. (NYSE:BWXT) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 13,331 shares of the technology company’s stock, valued at approximately $2,458,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Creative Financial Designs Inc. ADV grew its position in BWX Technologies by 250.0% during the 2nd quarter. Creative Financial Designs Inc. ADV now owns 175 shares of the technology company’s stock worth $25,000 after purchasing an additional 125 shares during the last quarter. Hantz Financial Services Inc. lifted its stake in shares of BWX Technologies by 861.9% during the second quarter. Hantz Financial Services Inc. now owns 202 shares of the technology company’s stock worth $29,000 after buying an additional 181 shares during the period. WFA of San Diego LLC purchased a new stake in shares of BWX Technologies during the second quarter valued at $29,000. Global Trust Asset Management LLC acquired a new position in shares of BWX Technologies in the 3rd quarter valued at $32,000. Finally, Quent Capital LLC purchased a new position in BWX Technologies in the 3rd quarter worth $43,000. 94.39% of the stock is owned by hedge funds and other institutional investors.

BWX Technologies Stock Up 0.7%

Shares of BWXT stock opened at $207.76 on Friday. BWX Technologies, Inc. has a twelve month low of $84.21 and a twelve month high of $220.57. The stock has a market cap of $19.00 billion, a P/E ratio of 62.39, a P/E/G ratio of 3.34 and a beta of 0.86. The stock has a 50 day moving average of $184.75 and a 200 day moving average of $178.63. The company has a current ratio of 1.71, a quick ratio of 1.62 and a debt-to-equity ratio of 1.21.

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

BWX Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Wednesday, November 19th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.5%. The ex-dividend date was Wednesday, November 19th. BWX Technologies’s dividend payout ratio (DPR) is currently 30.03%.

Insiders Place Their Bets

In other BWX Technologies news, CEO Rex D. Geveden sold 10,000 shares of the company’s stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $197.90, for a total value of $1,979,000.00. Following the completion of the transaction, the chief executive officer owned 187,594 shares in the company, valued at approximately $37,124,852.60. This represents a 5.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.47% of the company’s stock.

Analyst Ratings Changes

Several analysts have weighed in on the company. Weiss Ratings upgraded BWX Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, January 12th. Wall Street Zen upgraded BWX Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Northland Securities set a $225.00 price target on shares of BWX Technologies in a report on Tuesday, November 4th. Deutsche Bank Aktiengesellschaft set a $180.00 price objective on shares of BWX Technologies and gave the company a “hold” rating in a research note on Wednesday, October 8th. Finally, Truist Financial set a $205.00 price objective on shares of BWX Technologies in a report on Friday, January 9th. Three 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. Based on data from MarketBeat, BWX Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $199.20.

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.