First Trust Advisors LP Increases Holdings in BWX Technologies, Inc. $BWXT

First Trust Advisors LP boosted its holdings in shares of BWX Technologies, Inc. (NYSE:BWXT) by 12.2% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,391,079 shares of the technology company’s stock after buying an additional 151,580 shares during the quarter. First Trust Advisors LP’s holdings in BWX Technologies were worth $284,462,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Invesco Ltd. grew its holdings in BWX Technologies by 0.7% during the fourth quarter. Invesco Ltd. now owns 2,568,117 shares of the technology company’s stock worth $443,873,000 after acquiring an additional 18,967 shares during the period. Franklin Resources Inc. lifted its holdings in BWX Technologies by 2.4% in the fourth quarter. Franklin Resources Inc. now owns 2,258,282 shares of the technology company’s stock valued at $390,321,000 after acquiring an additional 53,594 shares during the period. Geode Capital Management LLC lifted its holdings in BWX Technologies by 3.9% in the fourth quarter. Geode Capital Management LLC now owns 1,857,716 shares of the technology company’s stock valued at $321,176,000 after acquiring an additional 69,857 shares during the period. Blair William & Co. IL boosted its position in BWX Technologies by 20.9% in the 4th quarter. Blair William & Co. IL now owns 1,439,666 shares of the technology company’s stock worth $248,832,000 after purchasing an additional 248,598 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its position in BWX Technologies by 18.7% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,375,740 shares of the technology company’s stock worth $237,783,000 after purchasing an additional 216,707 shares in the last quarter. 94.39% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at BWX Technologies

In related news, CFO Michael Thomas Fitzgerald sold 2,417 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $209.25, for a total transaction of $505,757.25. Following the completion of the sale, the chief financial officer directly owned 6,884 shares in the company, valued at approximately $1,440,477. The trade was a 25.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Rex D. Geveden sold 10,000 shares of the stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $204.81, for a total value of $2,048,100.00. Following the completion of the transaction, the chief executive officer directly owned 202,491 shares of the company’s stock, valued at approximately $41,472,181.71. This represents a 4.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on BWXT. Deutsche Bank Aktiengesellschaft raised shares of BWX Technologies from a “hold” rating to a “buy” rating and raised their price objective for the stock from $205.00 to $255.00 in a research note on Friday, May 15th. Bank of America boosted their target price on shares of BWX Technologies from $230.00 to $250.00 and gave the company a “buy” rating in a research note on Wednesday, March 25th. Wells Fargo & Company started coverage on shares of BWX Technologies in a report on Wednesday, April 1st. They set an “underweight” rating and a $200.00 price target on the stock. Seaport Research Partners upgraded shares of BWX Technologies from a “neutral” rating to a “buy” rating and set a $245.00 price target on the stock in a research report on Monday, June 22nd. Finally, Zacks Research cut shares of BWX Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. Two analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $228.00.

BWX Technologies Trading Up 1.0%

Shares of BWX Technologies stock opened at $174.74 on Thursday. The company has a current ratio of 2.40, a quick ratio of 2.33 and a debt-to-equity ratio of 1.58. BWX Technologies, Inc. has a twelve month low of $140.98 and a twelve month high of $241.82. The firm has a market capitalization of $16.01 billion, a PE ratio of 46.72, a P/E/G ratio of 2.95 and a beta of 0.74. The firm’s 50-day moving average price is $192.72 and its 200 day moving average price is $202.98.

BWX Technologies (NYSE:BWXT) last posted its quarterly earnings data on Monday, May 4th. The technology company reported $1.12 EPS for the quarter, topping the consensus estimate of $0.92 by $0.20. BWX Technologies had a return on equity of 31.33% and a net margin of 10.20%.The company had revenue of $860.22 million during the quarter, compared to analyst estimates of $837.47 million. During the same period in the previous year, the business earned $0.91 EPS. BWX Technologies’s quarterly revenue was up 26.1% on a year-over-year basis. BWX Technologies has set its FY 2026 guidance at 4.600-4.750 EPS. On average, sell-side analysts predict that BWX Technologies, Inc. will post 4.6 EPS for the current fiscal year.

BWX Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Tuesday, May 19th were paid a $0.27 dividend. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.6%. BWX Technologies’s payout ratio is currently 28.88%.

BWX Technologies 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.