Public Employees Retirement System of Ohio Invests $10.81 Million in BWX Technologies, Inc. $BWXT

Public Employees Retirement System of Ohio bought a new stake in BWX Technologies, Inc. (NYSE:BWXT) in the 2nd quarter, Holdings Channel.com reports. The firm bought 55,535 shares of the technology company’s stock, valued at approximately $10,810,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Transamerica Financial Advisors LLC acquired a new stake in shares of BWX Technologies in the second quarter valued at approximately $26,000. MV Capital Management Inc. purchased a new stake in BWX Technologies in the 4th quarter valued at $32,000. WFA of San Diego LLC acquired a new stake in BWX Technologies during the 2nd quarter worth $29,000. Stonehage Fleming Financial Services Holdings Ltd acquired a new stake in BWX Technologies during the 2nd quarter worth $40,000. Finally, Tucker Asset Management LLC purchased a new position in BWX Technologies during the 4th quarter worth $36,000. Hedge funds and other institutional investors own 94.39% of the company’s stock.

Insider Buying and Selling at BWX Technologies

In other news, CEO Rex D. Geveden sold 10,000 shares of BWX Technologies stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $172.50, for a total transaction 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 transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. JPMorgan Chase & Co. started coverage on shares of BWX Technologies in a report on Monday, July 27th. They issued an “overweight” rating and a $230.00 target price for the company. Wells Fargo & Company raised BWX Technologies from an “underweight” rating to an “equal weight” rating and decreased their price target for the stock from $200.00 to $170.00 in a report on Thursday. Seaport Research Partners raised shares of BWX Technologies from a “neutral” rating to a “buy” rating and set a $245.00 target price on the stock in a report on Monday, June 22nd. Deutsche Bank Aktiengesellschaft upgraded shares of BWX Technologies from a “hold” rating to a “buy” rating and boosted their price target for the stock from $205.00 to $255.00 in a research note on Friday, May 15th. Finally, Weiss Ratings downgraded shares of BWX Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, August 26th. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $224.20.

BWX Technologies Price Performance

Shares of NYSE BWXT opened at $152.26 on Tuesday. The company has a debt-to-equity ratio of 1.51, a quick ratio of 2.33 and a current ratio of 2.40. BWX Technologies, Inc. has a one year low of $147.74 and a one year high of $241.82. The firm has a market capitalization of $13.95 billion, a P/E ratio of 39.45, a PEG ratio of 2.39 and a beta of 0.76. The company’s fifty day moving average is $174.67 and its two-hundred day moving average is $195.42.

BWX Technologies (NYSE:BWXT) last announced its quarterly earnings results on Monday, August 3rd. The technology company reported $1.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 quarter last year, the firm posted $1.02 EPS. The business’s revenue was up 18.0% compared to the same quarter last year. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. Analysts forecast that BWX Technologies, Inc. will post 4.75 EPS for the current fiscal year.

BWX Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Investors 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 (DPR) is presently 27.98%.

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.