BWX Technologies, Inc. (NYSE:BWXT) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of BWX Technologies, Inc. (NYSE:BWXT) have been assigned a consensus rating of “Moderate Buy” from the fourteen analysts that are currently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation, six have given a buy recommendation and three have issued a strong buy recommendation on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $168.0750.

A number of brokerages have recently issued reports on BWXT. Deutsche Bank Aktiengesellschaft set a $180.00 price target on BWX Technologies and gave the company a “hold” rating in a report on Wednesday, October 8th. Northland Capmk raised BWX Technologies to a “strong-buy” rating in a report on Tuesday, September 9th. Northland Securities began coverage on BWX Technologies in a report on Wednesday, September 10th. They set an “outperform” rating and a $205.00 price target on the stock. Zacks Research raised BWX Technologies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 7th. Finally, William Blair reiterated an “outperform” rating on shares of BWX Technologies in a research report on Wednesday, September 17th.

Insider Transactions at BWX Technologies

In related news, SVP Omar Fathi Meguid sold 2,261 shares of the company’s stock in a transaction on Wednesday, August 6th. The stock was sold at an average price of $179.84, for a total transaction of $406,618.24. Following the completion of the sale, the senior vice president owned 2,361 shares in the company, valued at approximately $424,602.24. This represents a 48.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Leland D. Melvin sold 600 shares of the company’s stock in a transaction on Monday, August 11th. The shares were sold at an average price of $178.26, for a total value of $106,956.00. Following the sale, the director owned 5,579 shares of the company’s stock, valued at approximately $994,512.54. This trade represents a 9.71% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 29,953 shares of company stock worth $5,359,758 in the last three months. 0.47% of the stock is owned by insiders.

Institutional Trading of BWX Technologies

Several hedge funds have recently bought and sold shares of the stock. Corient Private Wealth LLC grew its holdings in BWX Technologies by 1.2% during the second quarter. Corient Private Wealth LLC now owns 5,880 shares of the technology company’s stock valued at $847,000 after purchasing an additional 69 shares during the period. HHM Wealth Advisors LLC grew its holdings in BWX Technologies by 17.9% during the second quarter. HHM Wealth Advisors LLC now owns 460 shares of the technology company’s stock valued at $66,000 after purchasing an additional 70 shares during the period. JT Stratford LLC grew its holdings in BWX Technologies by 2.5% during the second quarter. JT Stratford LLC now owns 2,927 shares of the technology company’s stock valued at $422,000 after purchasing an additional 72 shares during the period. Intrua Financial LLC grew its holdings in BWX Technologies by 3.9% during the first quarter. Intrua Financial LLC now owns 2,625 shares of the technology company’s stock valued at $259,000 after purchasing an additional 99 shares during the period. Finally, Oakworth Capital Inc. grew its holdings in BWX Technologies by 10.0% during the second quarter. Oakworth Capital Inc. now owns 1,105 shares of the technology company’s stock valued at $159,000 after purchasing an additional 100 shares during the period. Institutional investors own 94.39% of the company’s stock.

BWX Technologies Stock Down 2.9%

Shares of NYSE:BWXT opened at $202.92 on Friday. BWX Technologies has a 12-month low of $84.21 and a 12-month high of $214.72. The stock has a fifty day simple moving average of $176.80 and a two-hundred day simple moving average of $144.15. The company has a current ratio of 1.69, a quick ratio of 1.60 and a debt-to-equity ratio of 1.28. The stock has a market capitalization of $18.55 billion, a price-to-earnings ratio of 63.41, a PEG ratio of 4.03 and a beta of 0.78.

BWX Technologies (NYSE:BWXT) last announced its quarterly earnings results on Monday, August 4th. The technology company reported $1.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.23. The firm had revenue of $764.00 million for the quarter, compared to the consensus estimate of $708.00 million. BWX Technologies had a return on equity of 30.61% and a net margin of 10.28%.The company’s quarterly revenue was up 12.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.82 earnings per share. BWX Technologies has set its FY 2025 guidance at 3.650-3.750 EPS. On average, research analysts anticipate that BWX Technologies will post 3.23 earnings per share for the current fiscal year.

BWX Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 5th. Investors of record on Monday, August 18th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Monday, August 18th. BWX Technologies’s dividend payout ratio is 31.25%.

BWX Technologies Company Profile

BWX Technologies, Inc, together with its subsidiaries, manufactures and sells nuclear components in the United States, Canada, and internationally. It operates through two segments, Government Operations and Commercial Operations. The Government Operations segment designs and manufactures naval nuclear components, reactors, and nuclear fuel; fabrication activities; and supplies proprietary and sole-source valves, manifolds, and fittings to naval and commercial shipping customers.