GLOBALT Investments LLC GA Takes $670,000 Position in BWX Technologies, Inc. $BWXT

GLOBALT Investments LLC GA bought a new position in shares of BWX Technologies, Inc. (NYSE:BWXT) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 3,633 shares of the technology company’s stock, valued at approximately $670,000.

Several other large investors have also recently bought and sold shares of BWXT. ARK Investment Management LLC grew its holdings in BWX Technologies by 426.5% in the 2nd quarter. ARK Investment Management LLC now owns 641,049 shares of the technology company’s stock valued at $92,350,000 after buying an additional 519,285 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of BWX Technologies by 29.6% in the second quarter. GAMMA Investing LLC now owns 2,071 shares of the technology company’s stock valued at $298,000 after acquiring an additional 473 shares during the period. Sequoia Financial Advisors LLC grew its stake in shares of BWX Technologies by 7.1% in the second quarter. Sequoia Financial Advisors LLC now owns 46,409 shares of the technology company’s stock valued at $6,686,000 after acquiring an additional 3,087 shares in the last quarter. Curi RMB Capital LLC increased its position in BWX Technologies by 3.5% during the first quarter. Curi RMB Capital LLC now owns 70,384 shares of the technology company’s stock worth $6,943,000 after acquiring an additional 2,379 shares during the period. Finally, Police & Firemen s Retirement System of New Jersey raised its stake in BWX Technologies by 4.7% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 34,636 shares of the technology company’s stock worth $4,990,000 after purchasing an additional 1,548 shares in the last quarter. 94.39% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other BWX Technologies news, CEO Rex D. Geveden sold 10,000 shares of the firm’s stock in a transaction that occurred on 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 sale, the chief executive officer owned 187,594 shares in the company, valued at $37,124,852.60. This trade represents a 5.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 0.47% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Zacks Research lowered shares of BWX Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 24th. CJS Securities upgraded shares of BWX Technologies to a “strong-buy” rating in a research report on Friday, December 12th. Northland Securities set a $225.00 price target on BWX Technologies in a research report on Tuesday, November 4th. Wall Street Zen raised BWX Technologies from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Finally, Weiss Ratings downgraded BWX Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday. Three investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $196.23.

BWX Technologies Price Performance

Shares of BWXT stock opened at $178.15 on Thursday. BWX Technologies, Inc. has a twelve month low of $84.21 and a twelve month high of $218.50. The company has a quick ratio of 1.62, a current ratio of 1.71 and a debt-to-equity ratio of 1.21. The business has a fifty day simple moving average of $187.13 and a 200 day simple moving average of $170.15. The company has a market cap of $16.29 billion, a P/E ratio of 53.50, a P/E/G ratio of 3.48 and a beta of 0.85.

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

BWX Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Wednesday, November 19th were paid a $0.25 dividend. The ex-dividend date of this dividend was Wednesday, November 19th. This represents a $1.00 annualized dividend and a yield of 0.6%. BWX Technologies’s dividend payout ratio is presently 30.03%.

BWX Technologies Company Profile

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.