BWX Technologies (NYSE:BWXT) Sets New 52-Week High on Analyst Upgrade

BWX Technologies, Inc. (NYSE:BWXT)’s stock price reached a new 52-week high during mid-day trading on Thursday after BNP Paribas upgraded the stock to a hold rating. The stock traded as high as $218.89 and last traded at $217.5640, with a volume of 1002108 shares traded. The stock had previously closed at $204.08.

A number of other brokerages have also issued reports on BWXT. Bank of America raised their price target on BWX Technologies from $220.00 to $230.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. Weiss Ratings upgraded BWX Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday. CJS Securities raised shares of BWX Technologies to a “strong-buy” rating in a research note on Friday, December 12th. BNP Paribas Exane began coverage on shares of BWX Technologies in a research note on Thursday. They issued a “neutral” rating and a $215.00 price target on the stock. Finally, BTIG Research lifted their price objective on shares of BWX Technologies from $200.00 to $225.00 and gave the company a “buy” rating in a report on Friday, November 7th. Three investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $200.96.

Insider Buying and Selling at BWX Technologies

In related news, CEO Rex D. Geveden sold 10,000 shares of the company’s stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $197.90, for a total value of $1,979,000.00. Following the completion of the sale, the chief executive officer directly owned 187,594 shares of the company’s stock, valued at $37,124,852.60. This represents a 5.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.47% of the stock is owned by insiders.

Institutional Investors Weigh In On BWX Technologies

Several hedge funds have recently modified their holdings of the business. Goldman Sachs Group Inc. increased its holdings in BWX Technologies by 0.3% during the first quarter. Goldman Sachs Group Inc. now owns 141,680 shares of the technology company’s stock valued at $13,977,000 after buying an additional 371 shares during the period. Caxton Associates LLP bought a new stake in BWX Technologies during the 1st quarter valued at $304,000. Financiere des Professionnels Fonds d investissement inc. purchased a new position in shares of BWX Technologies in the 2nd quarter valued at $149,000. Aaron Wealth Advisors LLC purchased a new position in shares of BWX Technologies in the 2nd quarter valued at $208,000. Finally, Exchange Traded Concepts LLC raised its position in shares of BWX Technologies by 35.3% in the 2nd quarter. Exchange Traded Concepts LLC now owns 43,777 shares of the technology company’s stock worth $6,307,000 after acquiring an additional 11,432 shares in the last quarter. Hedge funds and other institutional investors own 94.39% of the company’s stock.

BWX Technologies Stock Up 2.2%

The business has a 50 day moving average of $182.74 and a two-hundred day moving average of $176.05. The stock has a market capitalization of $19.92 billion, a PE ratio of 65.42, a PEG ratio of 3.43 and a beta of 0.86. The company has a debt-to-equity ratio of 1.21, a quick ratio of 1.62 and a current ratio of 1.71.

BWX Technologies (NYSE:BWXT) last posted its earnings results on Monday, November 3rd. The technology company reported $1.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.15. The company had revenue of $866.29 million for the quarter, compared to analyst estimates of $795.48 million. BWX Technologies had a return on equity of 30.70% and a net margin of 10.04%.The firm’s quarterly revenue was up 28.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.83 earnings per share. BWX Technologies has set its FY 2025 guidance at 3.750-3.800 EPS. Analysts predict that BWX Technologies, Inc. will post 3.23 EPS for the current year.

BWX Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Wednesday, November 19th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Wednesday, November 19th. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. BWX Technologies’s dividend payout ratio is presently 30.03%.

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.