BWX Technologies, Inc. (NYSE:BWXT) Sees Significant Decrease in Short Interest

BWX Technologies, Inc. (NYSE:BWXT) was the recipient of a significant decline in short interest in February. As of February 13th, there was short interest totaling 2,286,086 shares, a decline of 15.2% from the January 29th total of 2,694,818 shares. Based on an average trading volume of 977,584 shares, the days-to-cover ratio is presently 2.3 days. Approximately 2.5% of the shares of the stock are short sold. Approximately 2.5% of the shares of the stock are short sold. Based on an average trading volume of 977,584 shares, the days-to-cover ratio is presently 2.3 days.

Insider Buying and Selling at BWX Technologies

In other BWX Technologies news, CAO Kevin James Gorman sold 1,344 shares of the company’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $214.71, for a total value of $288,570.24. Following the completion of the sale, the chief accounting officer directly owned 114 shares of the company’s stock, valued at approximately $24,476.94. This represents a 92.18% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Gerhard F. Burbach sold 1,983 shares of BWX Technologies stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $208.61, for a total transaction of $413,673.63. The SEC filing for this sale provides additional information. In the last three months, insiders sold 13,327 shares of company stock valued at $2,734,844. 0.47% of the stock is owned by insiders.

Institutional Trading of BWX Technologies

Institutional investors have recently made changes to their positions in the stock. Creative Financial Designs Inc. ADV lifted its position in BWX Technologies by 250.0% in the 2nd quarter. Creative Financial Designs Inc. ADV now owns 175 shares of the technology company’s stock worth $25,000 after buying an additional 125 shares in the last quarter. Hantz Financial Services Inc. grew its holdings in shares of BWX Technologies by 861.9% during the 2nd quarter. Hantz Financial Services Inc. now owns 202 shares of the technology company’s stock valued at $29,000 after acquiring an additional 181 shares in the last quarter. Aventura Private Wealth LLC acquired a new position in shares of BWX Technologies in the fourth quarter worth $29,000. WFA of San Diego LLC acquired a new position in shares of BWX Technologies in the second quarter worth $29,000. Finally, Global Trust Asset Management LLC purchased a new stake in shares of BWX Technologies during the third quarter worth $32,000. 94.39% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

BWXT has been the subject of a number of recent research reports. BNP Paribas Exane started coverage on BWX Technologies in a research report on Thursday, January 15th. They set a “neutral” rating and a $215.00 price objective for the company. BTIG Research boosted their target price on BWX Technologies from $225.00 to $235.00 and gave the stock a “buy” rating in a research report on Thursday, February 26th. Truist Financial set a $205.00 target price on BWX Technologies in a report on Friday, January 9th. Bank of America increased their price target on BWX Technologies from $220.00 to $230.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. Finally, Zacks Research raised BWX Technologies from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 21st. Three analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $200.45.

BWX Technologies Price Performance

BWXT opened at $195.40 on Friday. The firm has a market capitalization of $17.87 billion, a P/E ratio of 54.73, a PEG ratio of 3.36 and a beta of 0.83. The stock has a fifty day moving average of $200.64 and a 200-day moving average of $188.28. The company has a quick ratio of 2.25, a current ratio of 2.32 and a debt-to-equity ratio of 1.64. BWX Technologies has a 12-month low of $84.21 and a 12-month high of $220.57.

BWX Technologies (NYSE:BWXT) last issued its quarterly earnings results on Monday, February 23rd. The technology company reported $1.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.91 by $0.17. The business had revenue of $885.84 million for the quarter, compared to the consensus estimate of $837.47 million. BWX Technologies had a return on equity of 30.94% and a net margin of 10.28%.BWX Technologies’s revenue for the quarter was up 18.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.92 earnings per share. BWX Technologies has set its FY 2026 guidance at 4.550-4.700 EPS. Equities analysts forecast that BWX Technologies will post 3.23 EPS for the current fiscal year.

BWX Technologies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Wednesday, March 11th will be issued a $0.27 dividend. The ex-dividend date is Wednesday, March 11th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.6%. This is a positive change from BWX Technologies’s previous quarterly dividend of $0.25. BWX Technologies’s dividend payout ratio is currently 28.01%.

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.