MGO One Seven LLC bought a new position in BWX Technologies, Inc. (NYSE:BWXT – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 3,892 shares of the technology company’s stock, valued at approximately $718,000.
Other large investors have also modified their holdings of the company. Creative Financial Designs Inc. ADV lifted its position in BWX Technologies by 250.0% during the 2nd quarter. Creative Financial Designs Inc. ADV now owns 175 shares of the technology company’s stock worth $25,000 after acquiring an additional 125 shares in the last quarter. WFA of San Diego LLC purchased a new stake in shares of BWX Technologies during the second quarter valued at approximately $29,000. Hantz Financial Services Inc. raised its stake 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 valued at $29,000 after purchasing an additional 181 shares during the period. HM Payson & Co. acquired a new position in shares of BWX Technologies during the third quarter worth $52,000. Finally, Parkside Financial Bank & Trust boosted its stake in shares of BWX Technologies by 60.5% in the second quarter. Parkside Financial Bank & Trust now owns 390 shares of the technology company’s stock valued at $56,000 after purchasing an additional 147 shares during the period. Institutional investors and hedge funds own 94.39% of the company’s stock.
Analyst Ratings Changes
Several research firms recently issued reports on BWXT. Truist Financial set a $205.00 price target on shares of BWX Technologies in a research note on Friday, January 9th. Bank of America raised their target price on BWX Technologies from $220.00 to $230.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. CJS Securities raised BWX Technologies to a “strong-buy” rating in a research report on Friday, December 12th. Wedbush reissued an “outperform” rating on shares of BWX Technologies in a report on Wednesday, October 1st. Finally, Deutsche Bank Aktiengesellschaft set a $180.00 price objective on BWX Technologies and gave the company a “hold” rating in a research note on Wednesday, October 8th. Three investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, BWX Technologies has a consensus rating of “Moderate Buy” and an average price target of $200.96.
Insiders Place Their Bets
In other BWX Technologies news, CEO Rex D. Geveden sold 10,000 shares of the stock in a transaction 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 sale, the chief executive officer directly owned 187,594 shares of the company’s stock, valued at approximately $37,124,852.60. This represents a 5.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.47% of the stock is currently owned by insiders.
BWX Technologies Stock Performance
Shares of BWXT stock opened at $217.85 on Friday. The stock has a market capitalization of $19.92 billion, a price-to-earnings ratio of 65.42, a PEG ratio of 3.43 and a beta of 0.86. BWX Technologies, Inc. has a one year low of $84.21 and a one year high of $220.57. The company’s 50-day simple moving average is $182.74 and its 200-day simple moving average is $176.05. The company has a debt-to-equity ratio of 1.21, a quick ratio of 1.62 and a current ratio of 1.71.
BWX Technologies (NYSE:BWXT – Get Free Report) last announced its quarterly earnings data on Monday, November 3rd. The technology company reported $1.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.15. The firm had revenue of $866.29 million for the quarter, compared to analysts’ expectations of $795.48 million. BWX Technologies had a return on equity of 30.70% and a net margin of 10.04%.BWX Technologies’s revenue for the quarter was up 28.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.83 earnings per share. BWX Technologies has set its FY 2025 guidance at 3.750-3.800 EPS. Equities analysts anticipate that BWX Technologies, Inc. will post 3.23 earnings per share for the current fiscal year.
BWX Technologies Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Wednesday, November 19th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Wednesday, November 19th. BWX Technologies’s payout ratio is currently 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.
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