BWX Technologies Sees Unusually High Options Volume (NYSE:BWXT)

BWX Technologies, Inc. (NYSE:BWXT) was the recipient of some unusual options trading activity on Monday. Investors acquired 4,689 call options on the stock. This is an increase of approximately 339% compared to the typical daily volume of 1,069 call options.

Wall Street Analyst Weigh In

BWXT has been the topic of a number of recent analyst reports. Seaport Research Partners upgraded BWX Technologies from a “neutral” rating to a “buy” rating and set a $245.00 price objective on the stock in a report on Monday, June 22nd. Guggenheim assumed coverage on shares of BWX Technologies in a research note on Monday, September 14th. They issued a “buy” rating and a $192.00 price objective for the company. Wells Fargo & Company raised BWX Technologies from an “underweight” rating to an “equal weight” rating and cut their price objective for the stock from $200.00 to $170.00 in a research report on Thursday, August 27th. Wall Street Zen cut shares of BWX Technologies from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Finally, BTIG Research restated a “buy” rating and issued a $235.00 price target on shares of BWX Technologies in a research note on Tuesday, August 4th. Two investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $217.92.

BWX Technologies Stock Performance

BWXT stock traded down $0.03 on Monday, hitting $147.49. The company’s stock had a trading volume of 96,667 shares, compared to its average volume of 1,022,665. The firm has a 50 day moving average of $163.31 and a two-hundred day moving average of $190.41. BWX Technologies has a 1 year low of $144.33 and a 1 year high of $241.82. The stock has a market cap of $13.51 billion, a price-to-earnings ratio of 38.22, a price-to-earnings-growth ratio of 2.31 and a beta of 0.75. The company has a current ratio of 2.40, a quick ratio of 2.33 and a debt-to-equity ratio of 1.51.

BWX Technologies (NYSE:BWXT) last announced its earnings results on Monday, August 3rd. The technology company reported $1.07 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 analysts’ expectations of $902.41 million. During the same period in the prior year, the company earned $1.02 earnings per share. 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. Equities analysts predict that BWX Technologies will post 4.75 EPS for the current fiscal year.

BWX Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, August 18th were given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Tuesday, August 18th. BWX Technologies’s dividend payout ratio (DPR) is presently 27.98%.

Insider Activity

In related news, CEO Rex D. Geveden sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $172.50, for a total transaction of $1,725,000.00. Following the completion of the sale, the chief executive officer directly owned 192,491 shares in the company, valued at approximately $33,204,697.50. This trade represents a 4.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.60% of the company’s stock.

Institutional Investors Weigh In On BWX Technologies

Large investors have recently modified their holdings of the stock. Transamerica Financial Advisors LLC acquired a new stake in shares of BWX Technologies during the second quarter worth $26,000. Security National Bank of SO Dak acquired a new position in BWX Technologies in the 2nd quarter valued at $29,000. MV Capital Management Inc. purchased a new position in BWX Technologies during the 4th quarter worth $32,000. Stonehage Fleming Financial Services Holdings Ltd acquired a new stake in shares of BWX Technologies in the 2nd quarter worth $40,000. Finally, Vermillion Wealth Management Inc. boosted its holdings in shares of BWX Technologies by 71.7% in the fourth quarter. Vermillion Wealth Management Inc. now owns 237 shares of the technology company’s stock valued at $41,000 after acquiring an additional 99 shares in the last quarter. Hedge funds and other institutional investors own 94.39% of the company’s stock.

BWX Technologies Company Profile

BWX Technologies, Inc (NYSE: BWXT) is a technology and manufacturing company that specializes in nuclear components, systems and services. The company primarily serves government and commercial customers in the nuclear energy, national security and medical markets.

BWXT is a major supplier to the U.S. government and supports the U.S. Navy’s nuclear propulsion program by designing and manufacturing nuclear reactors and related components for naval vessels. Its offerings also include nuclear fuel, reactor components, engineering and maintenance services, and technologies intended for advanced and small modular reactors.

Through its commercial and medical businesses, BWXT provides nuclear equipment and services for civilian power generation, produces medical radioisotopes and related technologies, and supports research and other specialized applications.