PNC Financial Services Group Inc. Boosts Stake in BWX Technologies, Inc. $BWXT

PNC Financial Services Group Inc. increased its holdings in shares of BWX Technologies, Inc. (NYSE:BWXT) by 30.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,808 shares of the technology company’s stock after purchasing an additional 3,648 shares during the quarter. PNC Financial Services Group Inc.’s holdings in BWX Technologies were worth $3,233,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of BWXT. WFA of San Diego LLC bought a new position in BWX Technologies during the 2nd quarter valued at about $29,000. MV Capital Management Inc. purchased a new stake in shares of BWX Technologies during the 4th quarter valued at about $32,000. Tucker Asset Management LLC bought a new stake in shares of BWX Technologies in the fourth quarter worth approximately $36,000. ORG Partners LLC grew its stake in shares of BWX Technologies by 143.2% in the fourth quarter. ORG Partners LLC now owns 231 shares of the technology company’s stock worth $40,000 after acquiring an additional 136 shares during the period. Finally, Vermillion Wealth Management Inc. raised its holdings in shares of BWX Technologies by 71.7% during the fourth quarter. Vermillion Wealth Management Inc. now owns 237 shares of the technology company’s stock valued at $41,000 after purchasing an additional 99 shares during the last quarter. 94.39% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on BWXT shares. Zacks Research downgraded shares of BWX Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 11th. Truist Financial lifted their target price on shares of BWX Technologies from $205.00 to $212.00 and gave the stock a “hold” rating in a research report on Monday, May 11th. Seaport Research Partners upgraded shares of BWX Technologies from a “neutral” rating to a “buy” rating and set a $245.00 target price for the company in a research note on Monday, June 22nd. Wells Fargo & Company initiated coverage on BWX Technologies in a report on Wednesday, April 1st. They set an “underweight” rating and a $200.00 price target on the stock. Finally, JPMorgan Chase & Co. initiated coverage on BWX Technologies in a research note on Monday. They issued an “overweight” rating and a $230.00 price target on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $228.20.

BWX Technologies Price Performance

NYSE BWXT opened at $169.25 on Wednesday. BWX Technologies, Inc. has a 52 week low of $143.07 and a 52 week high of $241.82. The firm has a market capitalization of $15.50 billion, a P/E ratio of 45.25, a PEG ratio of 3.01 and a beta of 0.74. The company has a quick ratio of 2.33, a current ratio of 2.40 and a debt-to-equity ratio of 1.58. The company has a 50-day moving average price of $190.34 and a 200-day moving average price of $202.55.

BWX Technologies (NYSE:BWXT) last issued its quarterly earnings data on Monday, May 4th. The technology company reported $1.12 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.20. The firm had revenue of $860.22 million for the quarter, compared to analysts’ expectations of $837.47 million. BWX Technologies had a net margin of 10.20% and a return on equity of 31.33%. The business’s quarterly revenue was up 26.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.91 EPS. BWX Technologies has set its FY 2026 guidance at 4.600-4.750 EPS. Equities research analysts anticipate that BWX Technologies, Inc. will post 4.6 earnings per share for the current year.

Insider Buying and Selling

In other news, CFO Michael Thomas Fitzgerald sold 2,417 shares of BWX Technologies stock in a transaction on Monday, May 11th. The shares were sold at an average price of $209.25, for a total transaction of $505,757.25. Following the transaction, the chief financial officer owned 6,884 shares in the company, valued at $1,440,477. This trade represents a 25.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Rex D. Geveden sold 10,000 shares of the business’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $204.81, for a total transaction of $2,048,100.00. Following the sale, the chief executive officer directly owned 202,491 shares of the company’s stock, valued at approximately $41,472,181.71. The trade was a 4.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is currently owned by corporate insiders.

BWX Technologies 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.