Cresset Asset Management LLC Has $22.79 Million Position in BWX Technologies, Inc. $BWXT

Cresset Asset Management LLC cut its stake in shares of BWX Technologies, Inc. (NYSE:BWXT) by 21.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 123,589 shares of the technology company’s stock after selling 34,719 shares during the quarter. Cresset Asset Management LLC owned approximately 0.14% of BWX Technologies worth $22,786,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Corient Private Wealth LLC grew its stake in shares of BWX Technologies by 1.2% in the 2nd quarter. Corient Private Wealth LLC now owns 5,880 shares of the technology company’s stock valued at $847,000 after buying an additional 69 shares during the period. HHM Wealth Advisors LLC raised its stake in BWX Technologies by 17.9% during the 2nd quarter. HHM Wealth Advisors LLC now owns 460 shares of the technology company’s stock worth $66,000 after buying an additional 70 shares during the period. JT Stratford LLC boosted its holdings in BWX Technologies by 2.5% in the second quarter. JT Stratford LLC now owns 2,927 shares of the technology company’s stock worth $422,000 after acquiring an additional 72 shares in the last quarter. Intrua Financial LLC grew its stake in BWX Technologies by 3.6% in the third quarter. Intrua Financial LLC now owns 2,531 shares of the technology company’s stock valued at $467,000 after acquiring an additional 89 shares during the period. Finally, Parkside Financial Bank & Trust increased its holdings in shares of BWX Technologies by 23.8% during the third quarter. Parkside Financial Bank & Trust now owns 483 shares of the technology company’s stock valued at $89,000 after acquiring an additional 93 shares in the last quarter. 94.39% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

BWXT has been the topic of a number of recent research reports. BTIG Research increased their target price on BWX Technologies from $225.00 to $235.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. CJS Securities raised shares of BWX Technologies to a “strong-buy” rating in a research report on Friday, December 12th. Truist Financial set a $205.00 price target on shares of BWX Technologies in a research report on Friday, January 9th. Wall Street Zen downgraded BWX Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Finally, BNP Paribas Exane initiated coverage on BWX Technologies in a research note on Thursday, January 15th. They issued a “neutral” rating and a $215.00 price objective for the company. Three investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $200.45.

Insider Transactions at BWX Technologies

In other BWX Technologies news, CEO Rex D. Geveden sold 10,000 shares of the company’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $203.26, for a total transaction of $2,032,600.00. Following the sale, the chief executive officer directly owned 177,594 shares of the company’s stock, valued at $36,097,756.44. This represents a 5.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Gerhard F. Burbach sold 1,983 shares of BWX Technologies stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $208.61, for a total transaction of $413,673.63. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 13,327 shares of company stock worth $2,734,844. 0.47% of the stock is owned by company insiders.

BWX Technologies Stock Performance

Shares of BWXT stock opened at $205.69 on Thursday. The company has a debt-to-equity ratio of 1.64, a quick ratio of 2.25 and a current ratio of 2.32. The firm has a market cap of $18.81 billion, a price-to-earnings ratio of 57.62, a P/E/G ratio of 3.36 and a beta of 0.83. BWX Technologies, Inc. has a 52 week low of $84.21 and a 52 week high of $220.57. The firm’s 50-day simple moving average is $200.29 and its two-hundred day simple moving average is $188.23.

BWX Technologies (NYSE:BWXT) last issued its quarterly earnings results on Monday, February 23rd. The technology company reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $0.17. The company had revenue of $885.84 million during the quarter, compared to analyst estimates of $837.47 million. BWX Technologies had a net margin of 10.28% and a return on equity of 30.94%. BWX Technologies’s quarterly revenue was up 18.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.92 EPS. BWX Technologies has set its FY 2026 guidance at 4.550-4.700 EPS. As a group, equities analysts forecast that BWX Technologies, Inc. will post 3.23 earnings per share for the current year.

BWX Technologies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Wednesday, March 11th will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Wednesday, March 11th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.5%. This is a boost from BWX Technologies’s previous quarterly dividend of $0.25. BWX Technologies’s payout ratio is currently 28.01%.

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.