BWX Technologies (NYSE:BWXT) Lowered to Hold Rating by Wall Street Zen

Wall Street Zen lowered shares of BWX Technologies (NYSE:BWXT) from a buy rating to a hold rating in a report issued on Saturday morning.

Several other equities analysts also recently commented on BWXT. Truist Financial upped their target price on BWX Technologies from $205.00 to $212.00 and gave the company a “hold” rating in a research report on Monday, May 11th. JPMorgan Chase & Co. began coverage on BWX Technologies in a report on Monday, July 27th. They set an “overweight” rating and a $230.00 price target for the company. Seaport Research Partners upgraded BWX Technologies from a “neutral” rating to a “buy” rating and set a $245.00 price target for the company in a research note on Monday, June 22nd. Deutsche Bank Aktiengesellschaft raised BWX Technologies from a “hold” rating to a “buy” rating and upped their price objective for the company from $205.00 to $255.00 in a report on Friday, May 15th. Finally, Zacks Research cut BWX Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 11th. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, BWX Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $228.20.

BWX Technologies Trading Up 1.8%

Shares of BWX Technologies stock opened at $169.77 on Friday. BWX Technologies has a 12-month low of $157.10 and a 12-month high of $241.82. The stock has a market cap of $15.55 billion, a P/E ratio of 43.98, a P/E/G ratio of 2.65 and a beta of 0.76. The company has a quick ratio of 2.33, a current ratio of 2.40 and a debt-to-equity ratio of 1.51. The business’s 50 day moving average is $185.04 and its 200-day moving average is $200.41.

BWX Technologies (NYSE:BWXT) last issued its earnings results on Monday, August 3rd. The technology company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.04 by $0.03. BWX Technologies had a net margin of 10.11% and a return on equity of 30.83%. The business had revenue of $901.62 million during the quarter, compared to the consensus estimate of $902.41 million. During the same period last year, the business posted $1.02 EPS. BWX Technologies’s revenue was up 18.0% on a year-over-year basis. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. Equities research analysts predict that BWX Technologies will post 4.75 earnings per share for the current fiscal year.

BWX Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Tuesday, August 18th will be given a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 0.6%. The ex-dividend date is Tuesday, August 18th. BWX Technologies’s dividend payout ratio is 27.98%.

Insider Transactions at BWX Technologies

In related news, CFO Michael Thomas Fitzgerald sold 2,417 shares of the business’s 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. The trade was a 25.99% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Rex D. Geveden sold 10,000 shares of the company’s stock in a transaction dated 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 transaction, the chief executive officer owned 202,491 shares in the company, valued at $41,472,181.71. This represents a 4.71% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.60% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in BWXT. MV Capital Management Inc. purchased a new stake in shares of BWX Technologies during the 4th quarter valued at $32,000. WFA of San Diego LLC purchased a new position in shares of BWX Technologies in the 2nd quarter worth about $29,000. Tucker Asset Management LLC purchased a new position in shares of BWX Technologies in the 4th quarter worth about $36,000. Vermillion Wealth Management Inc. grew its position in 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 buying an additional 99 shares during the period. Finally, Smithfield Trust Co grew its position in BWX Technologies by 52.1% during the fourth quarter. Smithfield Trust Co now owns 251 shares of the technology company’s stock valued at $44,000 after buying an additional 86 shares during the period. 94.39% of the stock is currently owned by institutional investors and hedge funds.

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.