Moseley Investment Management Inc. purchased a new position in BWX Technologies, Inc. (NYSE:BWXT – Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,762 shares of the technology company’s stock, valued at approximately $509,000.
Several other institutional investors and hedge funds have also bought and sold shares of the company. Corient Private Wealth LLC increased its holdings in BWX Technologies by 1.2% in the 2nd quarter. Corient Private Wealth LLC now owns 5,880 shares of the technology company’s stock valued at $847,000 after buying an additional 69 shares during the period. HHM Wealth Advisors LLC boosted its position in shares of BWX Technologies by 17.9% during the 2nd quarter. HHM Wealth Advisors LLC now owns 460 shares of the technology company’s stock worth $66,000 after acquiring an additional 70 shares in the last quarter. JT Stratford LLC increased its stake in BWX Technologies by 2.5% in the second quarter. JT Stratford LLC now owns 2,927 shares of the technology company’s stock valued at $422,000 after acquiring an additional 72 shares during the last quarter. Oakworth Capital Inc. increased its stake in BWX Technologies by 10.0% in the second quarter. Oakworth Capital Inc. now owns 1,105 shares of the technology company’s stock valued at $159,000 after acquiring an additional 100 shares during the last quarter. Finally, Louisiana State Employees Retirement System raised its position in BWX Technologies by 0.4% during the second quarter. Louisiana State Employees Retirement System now owns 25,700 shares of the technology company’s stock valued at $3,702,000 after purchasing an additional 100 shares in the last quarter. Institutional investors own 94.39% of the company’s stock.
BWX Technologies Trading Up 1.9%
Shares of BWXT opened at $210.64 on Wednesday. The business’s 50-day moving average price is $181.75 and its 200 day moving average price is $175.07. The company has a current ratio of 1.71, a quick ratio of 1.62 and a debt-to-equity ratio of 1.21. The stock has a market capitalization of $19.26 billion, a P/E ratio of 63.26, a P/E/G ratio of 3.32 and a beta of 0.86. BWX Technologies, Inc. has a 1-year low of $84.21 and a 1-year high of $218.50.
BWX Technologies Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Wednesday, November 19th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Wednesday, November 19th. BWX Technologies’s dividend payout ratio (DPR) is 30.03%.
Analyst Upgrades and Downgrades
BWXT has been the topic of a number of research analyst reports. Zacks Research downgraded BWX Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, November 24th. CJS Securities upgraded BWX Technologies to a “strong-buy” rating in a research report on Friday, December 12th. Deutsche Bank Aktiengesellschaft set a $180.00 target price on BWX Technologies and gave the company a “hold” rating in a research report on Wednesday, October 8th. Wall Street Zen raised BWX Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Finally, Bank of America raised their price target on shares of BWX Technologies from $220.00 to $230.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. Three analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, BWX Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $196.94.
Check Out Our Latest Stock Report on BWX Technologies
Insiders Place Their Bets
In related news, CEO Rex D. Geveden sold 10,000 shares of the company’s stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $197.90, for a total transaction of $1,979,000.00. Following the transaction, the chief executive officer directly owned 187,594 shares of the company’s stock, valued at approximately $37,124,852.60. The trade was a 5.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.47% of the company’s stock.
BWX Technologies Company 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.
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