Kingsview Wealth Management LLC Takes Position in BWX Technologies, Inc. $BWXT

Kingsview Wealth Management LLC acquired a new stake in shares of BWX Technologies, Inc. (NYSE:BWXT) in the second quarter, Holdings Channel.com reports. The fund acquired 5,579 shares of the technology company’s stock, valued at approximately $1,086,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. BlackRock Inc. purchased a new stake in shares of BWX Technologies in the 2nd quarter valued at approximately $2,359,895,000. Bank of New York Mellon Corp purchased a new stake in BWX Technologies in the 2nd quarter worth approximately $222,587,000. Bank of America Corp DE acquired a new stake in shares of BWX Technologies during the 2nd quarter valued at $202,020,000. Invesco Ltd. grew its holdings in shares of BWX Technologies by 60.1% during the 3rd quarter. Invesco Ltd. now owns 2,549,150 shares of the technology company’s stock valued at $469,987,000 after acquiring an additional 956,770 shares in the last quarter. Finally, William Blair Investment Management LLC acquired a new stake in shares of BWX Technologies in the 2nd quarter valued at $183,211,000. Institutional investors and hedge funds own 94.39% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Rex D. Geveden sold 10,000 shares of the business’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $172.50, for a total value of $1,725,000.00. Following the completion of the transaction, the chief executive officer owned 192,491 shares of the company’s stock, valued at $33,204,697.50. The trade was a 4.94% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.60% of the company’s stock.

BWX Technologies Stock Down 1.8%

Shares of BWXT opened at $153.12 on Friday. The business’s fifty day moving average price is $175.83 and its two-hundred day moving average price is $195.80. The company has a debt-to-equity ratio of 1.51, a quick ratio of 2.33 and a current ratio of 2.40. The firm has a market capitalization of $14.03 billion, a price-to-earnings ratio of 39.67, a PEG ratio of 2.39 and a beta of 0.76. BWX Technologies, Inc. has a 52 week low of $147.74 and a 52 week high of $241.82.

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, topping analysts’ consensus estimates of $1.04 by $0.03. The firm had revenue of $901.62 million for the quarter, compared to analysts’ expectations of $902.41 million. BWX Technologies had a return on equity of 30.83% and a net margin of 10.11%.The company’s revenue was up 18.0% compared to the same quarter last year. During the same quarter last year, the business earned $1.02 earnings per share. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. On average, analysts predict that BWX Technologies, Inc. will post 4.75 earnings per share for the current year.

BWX Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Tuesday, August 18th will be paid a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Tuesday, August 18th. BWX Technologies’s dividend payout ratio is presently 27.98%.

Analysts Set New Price Targets

Several analysts recently weighed in on BWXT shares. Deutsche Bank Aktiengesellschaft upgraded BWX Technologies from a “hold” rating to a “buy” rating and increased their target price for the company from $205.00 to $255.00 in a research note on Friday, May 15th. Seaport Research Partners raised shares of BWX Technologies from a “neutral” rating to a “buy” rating and set a $245.00 price objective for the company in a research report on Monday, June 22nd. Truist Financial reduced their target price on shares of BWX Technologies from $212.00 to $202.00 and set a “hold” rating for the company in a research note on Friday, August 14th. Wells Fargo & Company upgraded BWX Technologies from an “underweight” rating to an “equal weight” rating and reduced their price objective for the stock from $200.00 to $170.00 in a research report on Thursday. Finally, Wall Street Zen cut shares of BWX Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, BWX Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $224.20.

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.