Spire Wealth Management Invests $5.18 Million in BWX Technologies, Inc. $BWXT

Spire Wealth Management bought a new stake in shares of BWX Technologies, Inc. (NYSE:BWXT) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 28,078 shares of the technology company’s stock, valued at approximately $5,177,000.

Other institutional investors also recently bought and sold shares of the company. CoreCap Advisors LLC lifted its holdings in BWX Technologies by 41.7% in the third quarter. CoreCap Advisors LLC now owns 1,209 shares of the technology company’s stock worth $223,000 after buying an additional 356 shares during the period. Grandview Asset Management LLC purchased a new position in shares of BWX Technologies during the 3rd quarter worth approximately $398,000. Spirepoint Private Client LLC bought a new position in shares of BWX Technologies in the 3rd quarter worth approximately $265,000. Greenleaf Trust bought a new position in shares of BWX Technologies in the 3rd quarter worth approximately $203,000. Finally, Hennion & Walsh Asset Management Inc. lifted its stake in shares of BWX Technologies by 27.6% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 20,990 shares of the technology company’s stock valued at $3,870,000 after purchasing an additional 4,539 shares during the period. 94.39% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have issued reports on BWXT shares. Wedbush reiterated an “outperform” rating on shares of BWX Technologies in a report on Wednesday, October 1st. Northland Securities set a $225.00 target price on shares of BWX Technologies in a research report on Tuesday, November 4th. CJS Securities raised shares of BWX Technologies to a “strong-buy” rating in a research report on Friday, December 12th. Truist Financial boosted their price objective on shares of BWX Technologies from $173.00 to $200.00 and gave the stock a “hold” rating in a research note on Tuesday, November 4th. Finally, Wall Street Zen upgraded shares of BWX Technologies from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Three investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, BWX Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $196.23.

Insider Buying and Selling at BWX Technologies

In related 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 transaction of $1,979,000.00. Following the completion of the sale, 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.47% of the stock is owned by company insiders.

BWX Technologies Price Performance

BWXT opened at $192.36 on Thursday. The stock has a 50-day moving average price of $182.38 and a 200-day moving average price of $173.14. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.71 and a quick ratio of 1.62. The firm has a market cap of $17.59 billion, a PE ratio of 57.76, a P/E/G ratio of 3.48 and a beta of 0.86. BWX Technologies, Inc. has a 1 year low of $84.21 and a 1 year high of $218.50.

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

BWX Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Wednesday, November 19th were issued a dividend of $0.25 per share. The ex-dividend date was Wednesday, November 19th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. 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.