SCP Investment LP Makes New $259,000 Investment in BWX Technologies, Inc. $BWXT

SCP Investment LP bought a new stake in shares of BWX Technologies, Inc. (NYSE:BWXT) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,800 shares of the technology company’s stock, valued at approximately $259,000.

Other hedge funds have also added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV grew its position in BWX Technologies by 250.0% in the second quarter. Creative Financial Designs Inc. ADV now owns 175 shares of the technology company’s stock valued at $25,000 after acquiring an additional 125 shares during the last quarter. Hantz Financial Services Inc. grew its holdings 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 purchasing an additional 181 shares during the last quarter. Stone House Investment Management LLC bought a new stake in shares of BWX Technologies during the first quarter worth about $31,000. Compass Financial Services Inc bought a new stake in BWX Technologies during the 1st quarter worth approximately $33,000. Finally, HHM Wealth Advisors LLC grew its stake in shares of BWX Technologies by 34.5% in the first quarter. HHM Wealth Advisors LLC now owns 390 shares of the technology company’s stock worth $38,000 after purchasing an additional 100 shares during the last quarter. 94.39% of the stock is owned by institutional investors.

BWX Technologies Trading Up 1.7%

BWXT opened at $178.16 on Thursday. The firm has a market capitalization of $16.29 billion, a PE ratio of 55.68, a P/E/G ratio of 4.24 and a beta of 0.78. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.69 and a quick ratio of 1.60. BWX Technologies, Inc. has a fifty-two week low of $84.21 and a fifty-two week high of $218.50. The company’s 50-day moving average is $191.18 and its 200 day moving average is $161.95.

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 the consensus estimate of $0.85 by $0.15. BWX Technologies had a return on equity of 30.61% and a net margin of 10.28%.The firm had revenue of $866.29 million during the quarter, compared to the consensus estimate of $795.48 million. During the same period in the prior year, the business posted $0.83 earnings per share. The company’s quarterly revenue was up 28.9% compared to the same quarter last year. BWX Technologies has set its FY 2025 guidance at 3.750-3.800 EPS. As a group, research analysts predict that BWX Technologies, Inc. will post 3.23 earnings per share for the current fiscal year.

BWX Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Wednesday, November 19th will be issued a dividend of $0.25 per share. The ex-dividend date is Wednesday, November 19th. This represents a $1.00 annualized dividend and a yield of 0.6%. BWX Technologies’s payout ratio is 30.03%.

Insider Transactions at BWX Technologies

In other BWX Technologies news, CEO Rex D. Geveden sold 10,000 shares of BWX Technologies stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $197.90, for a total transaction of $1,979,000.00. Following the transaction, the chief executive officer owned 187,594 shares of the company’s stock, valued at $37,124,852.60. This trade represents a 5.06% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.47% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on BWXT. Northland Capmk upgraded BWX Technologies to a “strong-buy” rating in a research report on Tuesday, September 9th. Wall Street Zen raised BWX Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Truist Financial raised their target price on BWX Technologies from $173.00 to $200.00 and gave the stock a “hold” rating in a research note on Tuesday, November 4th. Wedbush reaffirmed an “outperform” rating on shares of BWX Technologies in a research report on Wednesday, October 1st. Finally, BTIG Research boosted their target price on shares of BWX Technologies from $200.00 to $225.00 and gave the company a “buy” rating in a research report on Friday, November 7th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $184.83.

BWX Technologies 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.