6,601 Shares in BWX Technologies, Inc. $BWXT Bought by Heartland Advisors Inc.

Heartland Advisors Inc. purchased a new position in shares of BWX Technologies, Inc. (NYSE:BWXTFree Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 6,601 shares of the technology company’s stock, valued at approximately $1,285,000.

Other large investors have also added to or reduced their stakes in the company. WFA of San Diego LLC purchased a new position in shares of BWX Technologies in the second quarter worth about $29,000. MV Capital Management Inc. purchased a new position in shares of BWX Technologies during the fourth quarter worth $32,000. Tucker Asset Management LLC acquired a new position in BWX Technologies during the fourth quarter valued at $36,000. Vermillion Wealth Management Inc. boosted its holdings in 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 purchasing an additional 99 shares during the last quarter. Finally, Smithfield Trust Co boosted its holdings in BWX Technologies by 52.1% in the fourth quarter. Smithfield Trust Co now owns 251 shares of the technology company’s stock valued at $44,000 after purchasing an additional 86 shares during the last quarter. Hedge funds and other institutional investors own 94.39% of the company’s stock.

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 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 transaction, the chief executive officer directly owned 192,491 shares in the company, valued at approximately $33,204,697.50. This represents a 4.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.60% of the company’s stock.

BWX Technologies Stock Performance

Shares of BWXT stock opened at $156.95 on Friday. The company has a current ratio of 2.40, a quick ratio of 2.33 and a debt-to-equity ratio of 1.51. BWX Technologies, Inc. has a 12-month low of $154.59 and a 12-month high of $241.82. The business’s 50 day moving average is $180.70 and its two-hundred day moving average is $197.41. The company has a market capitalization of $14.38 billion, a P/E ratio of 40.66, a P/E/G ratio of 2.45 and a beta of 0.76.

BWX Technologies (NYSE:BWXTGet Free Report) last posted its quarterly earnings data on Monday, August 3rd. The technology company reported $1.07 EPS for the quarter, beating analysts’ consensus estimates of $1.04 by $0.03. The business had revenue of $901.62 million during the quarter, compared to analysts’ expectations of $902.41 million. BWX Technologies had a return on equity of 30.83% and a net margin of 10.11%.The business’s revenue was up 18.0% compared to the same quarter last year. During the same period in the previous year, the business earned $1.02 earnings per share. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. Analysts expect that BWX Technologies, Inc. will post 4.75 EPS for the current fiscal year.

BWX Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Tuesday, August 18th will be issued a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Tuesday, August 18th. BWX Technologies’s payout ratio is presently 27.98%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on BWXT. Deutsche Bank Aktiengesellschaft upgraded BWX Technologies from a “hold” rating to a “buy” rating and lifted their price objective for the company from $205.00 to $255.00 in a research note on Friday, May 15th. Truist Financial reduced their price target on BWX Technologies from $212.00 to $202.00 and set a “hold” rating for the company in a research report on Friday, August 14th. Zacks Research downgraded BWX Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. Seaport Research Partners raised shares of BWX Technologies from a “neutral” rating to a “buy” rating and set a $245.00 price objective on the stock in a research note on Monday, June 22nd. Finally, Wall Street Zen lowered shares of BWX Technologies from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $227.20.

Check Out Our Latest Stock Analysis on BWX Technologies

BWX Technologies Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for BWX Technologies (NYSE:BWXT)

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