BWX Technologies, Inc. $BWXT Shares Acquired by New York State Teachers Retirement System

New York State Teachers Retirement System boosted its holdings in BWX Technologies, Inc. (NYSE:BWXT) by 55.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 36,900 shares of the technology company’s stock after acquiring an additional 13,100 shares during the period. New York State Teachers Retirement System’s holdings in BWX Technologies were worth $6,803,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV raised 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 purchasing an additional 125 shares during the period. WFA of San Diego LLC purchased a new position in shares of BWX Technologies during the 2nd quarter worth $29,000. Hantz Financial Services Inc. increased its position in shares of BWX Technologies by 861.9% during the 2nd 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. HM Payson & Co. acquired a new stake in shares of BWX Technologies during the 3rd quarter worth about $52,000. Finally, Parkside Financial Bank & Trust raised its holdings in BWX Technologies by 60.5% in the 2nd quarter. Parkside Financial Bank & Trust now owns 390 shares of the technology company’s stock valued at $56,000 after buying an additional 147 shares during the period. Institutional investors and hedge funds own 94.39% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on BWXT. Wedbush reiterated an “outperform” rating on shares of BWX Technologies in a research report on Wednesday, October 1st. Deutsche Bank Aktiengesellschaft set a $180.00 price objective on shares of BWX Technologies and gave the stock a “hold” rating in a research report on Wednesday, October 8th. Wall Street Zen upgraded shares of BWX Technologies from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Weiss Ratings upgraded BWX Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday. Finally, CJS Securities upgraded BWX Technologies to a “strong-buy” rating in a research report on Friday, December 12th. Three equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, BWX Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $200.96.

Insider Transactions at BWX Technologies

In other BWX Technologies news, CEO Rex D. Geveden sold 10,000 shares of the stock in a transaction dated Wednesday, November 12th. The stock was 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 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 document filed with the Securities & Exchange Commission, which is available at this link. 0.47% of the stock is owned by corporate insiders.

BWX Technologies Price Performance

BWX Technologies stock opened at $213.47 on Friday. The company has a quick ratio of 1.62, a current ratio of 1.71 and a debt-to-equity ratio of 1.21. BWX Technologies, Inc. has a 52-week low of $84.21 and a 52-week high of $218.89. The firm has a market cap of $19.52 billion, a PE ratio of 64.10, a price-to-earnings-growth ratio of 3.28 and a beta of 0.86. The company’s 50 day moving average is $182.25 and its two-hundred day moving average is $175.54.

BWX Technologies (NYSE:BWXT) last posted its quarterly 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. BWX Technologies had a net margin of 10.04% and a return on equity of 30.70%. The business had revenue of $866.29 million during the quarter, compared to the consensus estimate of $795.48 million. During the same quarter in the previous year, the firm 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. On average, research analysts expect that BWX Technologies, Inc. will post 3.23 EPS for the current fiscal year.

BWX Technologies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders 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 annualized dividend and a yield of 0.5%. BWX Technologies’s dividend payout ratio is 30.03%.

About BWX Technologies

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.