3,974 BWX Technologies, Inc. $BWXT Shares Acquired by Inspire Investing LLC

Inspire Investing LLC raised its position in BWX Technologies, Inc. (NYSE:BWXT – Free Report) by 10.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 42,597 shares of the technology company’s stock after buying an additional 3,974 shares during the quarter. Inspire Investing LLC’s holdings in BWX Technologies were worth $5,836,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. BlackRock Inc. purchased a new position in shares of BWX Technologies during the 2nd quarter valued at $2,359,895,000. First Trust Advisors LP increased its holdings in BWX Technologies by 12.2% in the 1st quarter. First Trust Advisors LP now owns 1,391,079 shares of the technology company’s stock worth $284,462,000 after acquiring an additional 151,580 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in BWX Technologies by 8.4% in the 1st quarter. Bank of New York Mellon Corp now owns 1,283,997 shares of the technology company’s stock worth $262,565,000 after acquiring an additional 99,053 shares during the last quarter. Bank of America Corp DE increased its holdings in BWX Technologies by 5.5% in the 1st quarter. Bank of America Corp DE now owns 1,005,621 shares of the technology company’s stock worth $205,639,000 after acquiring an additional 52,413 shares during the last quarter. Finally, William Blair Investment Management LLC bought a new stake in BWX Technologies in the 2nd quarter valued at about $183,211,000. 94.39% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CEO Rex D. Geveden sold 10,000 shares of the firm’s stock in a transaction that occurred 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 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.60% of the company’s stock.

BWX Technologies Stock Performance

NYSE:BWXT opened at $127.27 on Friday. 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 52-week low of $123.05 and a 52-week high of $241.82. The firm has a market cap of $11.66 billion, a price-to-earnings ratio of 32.97, a PEG ratio of 1.80 and a beta of 0.74. The business’s fifty day moving average is $146.42 and its 200 day moving average is $178.94.

BWX Technologies (NYSE:BWXT – Get Free Report) last issued its earnings results on Monday, August 3rd. The technology company reported $1.07 EPS for the quarter, topping the consensus estimate of $1.04 by $0.03. BWX Technologies had a return on equity of 30.83% and a net margin of 10.11%. 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 company earned $1.02 EPS. The firm’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. Research analysts predict that BWX Technologies, Inc. will post 4.75 EPS for the current year.

BWX Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, August 18th were issued a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Tuesday, August 18th. BWX Technologies’s dividend payout ratio is presently 27.98%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on BWXT shares. Northland Securities dropped their price objective on shares of BWX Technologies from $250.00 to $220.00 and set an “outperform” rating on the stock in a report on Wednesday, September 30th. BTIG Research reiterated a “buy” rating and issued a $235.00 target price on shares of BWX Technologies in a research note on Wednesday, September 30th. Bank of America reduced their target price on shares of BWX Technologies from $250.00 to $210.00 and set a “buy” rating for the company in a research note on Wednesday, September 30th. Wall Street Zen lowered shares of BWX Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Finally, JPMorgan Chase & Co. dropped their price target on shares of BWX Technologies from $230.00 to $190.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 13th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $205.00.

Read Our Latest Research Report on BWXT

About BWX Technologies

(Free Report)

BWX Technologies, Inc (NYSE: BWXT) is a specialty manufacturer and services provider focused on nuclear technology. The company designs and manufactures nuclear reactors, reactor components, nuclear fuel and related equipment, with a major emphasis on highly engineered systems used in naval and commercial applications.

BWXT is a key supplier to the U.S. government, supporting the U.S. Navy’s nuclear-powered aircraft carriers and submarines through reactor design, component manufacturing, fuel production, maintenance and life-cycle services.

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Institutional Ownership by Quarter for BWX Technologies (NYSE:BWXT)

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