BWX Technologies, Inc. (NYSE:BWXT) Stock Has Consensus Target Price of $213.75 According to Brokerages

Shares of BWX Technologies, Inc. (NYSE:BWXT) have been assigned a consensus rating of “Moderate Buy” from the fifteen brokerages that are currently covering the company, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation, eight have issued a buy recommendation and two have given a strong buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $213.75.

A number of brokerages have recently weighed in on BWXT. Wells Fargo & Company upgraded BWX Technologies from an “underweight” rating to an “equal weight” rating and dropped their price target for the stock from $200.00 to $170.00 in a research report on Thursday, August 27th. Jefferies Financial Group began coverage on BWX Technologies in a research report on Thursday, September 3rd. They set a “buy” rating and a $181.00 price objective for the company. Seaport Research Partners upgraded BWX Technologies from a “neutral” rating to a “buy” rating and set a $245.00 price objective for the company in a research note on Monday, June 22nd. BTIG Research restated a “buy” rating and set a $235.00 price objective on shares of BWX Technologies in a research note on Tuesday, August 4th. Finally, JPMorgan Chase & Co. started coverage on BWX Technologies in a research report on Monday, July 27th. They issued an “overweight” rating and a $230.00 target price on the stock.

Insider Activity at BWX Technologies

In related news, CEO Rex D. Geveden sold 10,000 shares of the stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $172.50, for a total value of $1,725,000.00. Following the sale, the chief executive officer owned 192,491 shares of the company’s stock, valued at $33,204,697.50. This trade represents a 4.94% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.60% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of BWXT. Transamerica Financial Advisors LLC acquired a new stake in shares of BWX Technologies in the second quarter valued at approximately $26,000. Security National Bank of SO Dak bought a new stake in shares of BWX Technologies during the second quarter valued at approximately $29,000. MV Capital Management Inc. acquired a new position in shares of BWX Technologies during the fourth quarter worth approximately $32,000. Stonehage Fleming Financial Services Holdings Ltd acquired a new position in shares of BWX Technologies during the second quarter worth approximately $40,000. Finally, Vermillion Wealth Management Inc. boosted its position in shares of BWX Technologies by 71.7% during the fourth quarter. Vermillion Wealth Management Inc. now owns 237 shares of the technology company’s stock worth $41,000 after buying an additional 99 shares during the period. 94.39% of the stock is owned by institutional investors and hedge funds.

BWX Technologies Price Performance

Shares of NYSE:BWXT opened at $137.99 on Friday. The company has a market cap of $12.64 billion, a PE ratio of 35.75, a P/E/G ratio of 2.10 and a beta of 0.75. BWX Technologies has a fifty-two week low of $133.21 and a fifty-two week high of $241.82. The firm has a 50-day simple moving average of $158.53 and a 200 day simple moving average of $187.51. The company has a quick ratio of 2.33, a current ratio of 2.40 and a debt-to-equity ratio of 1.51.

BWX Technologies (NYSE:BWXT) last issued its 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 net margin of 10.11% and a return on equity of 30.83%. The firm had revenue of $901.62 million for the quarter, compared to analysts’ expectations of $902.41 million. During the same quarter last year, the company posted $1.02 earnings per share. BWX Technologies’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. On average, sell-side analysts anticipate that BWX Technologies will post 4.75 EPS for the current year.

BWX Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, August 18th were issued a dividend of $0.27 per share. The ex-dividend date of this dividend was Tuesday, August 18th. This represents a $1.08 annualized dividend and a dividend yield of 0.8%. BWX Technologies’s payout ratio is 27.98%.

About BWX Technologies

BWX Technologies, Inc (NYSE:BWXT) is a provider of nuclear components, systems and services for government and commercial customers. The company is best known for designing and manufacturing nuclear reactors and related components for the U.S. Navy’s nuclear-powered aircraft carriers and submarines. It also supports the nuclear fuel cycle and provides engineering, manufacturing, maintenance and technical services for nuclear facilities.

BWXT serves the U.S. government, commercial nuclear power producers, research institutions and customers in the healthcare and space industries.