Csenge Advisory Group Buys Shares of 4,874 BWX Technologies, Inc. $BWXT

Csenge Advisory Group bought a new stake in BWX Technologies, Inc. (NYSE:BWXT) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 4,874 shares of the technology company’s stock, valued at approximately $949,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in BWXT. BlackRock Inc. bought a new position in BWX Technologies in the second quarter valued at approximately $2,359,895,000. Bank of New York Mellon Corp acquired a new position in BWX Technologies during the second quarter valued at approximately $222,587,000. Invesco Ltd. lifted its stake in BWX Technologies by 60.1% during the third quarter. Invesco Ltd. now owns 2,549,150 shares of the technology company’s stock worth $469,987,000 after purchasing an additional 956,770 shares during the last quarter. Select Equity Group L.P. bought a new stake in BWX Technologies during the second quarter worth $68,902,000. Finally, Orion Porfolio Solutions LLC boosted its holdings in shares of BWX Technologies by 1,353.1% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 363,757 shares of the technology company’s stock valued at $52,403,000 after purchasing an additional 338,723 shares in the last quarter. Institutional investors own 94.39% of the company’s stock.

Analyst Ratings Changes

BWXT has been the topic of several recent analyst reports. BTIG Research reiterated a “buy” rating and issued a $235.00 price target on shares of BWX Technologies in a research note on Tuesday, August 4th. Wall Street Zen downgraded BWX Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Truist Financial reduced their price objective on BWX Technologies from $212.00 to $202.00 and set a “hold” rating on the stock in a research note on Friday, August 14th. JPMorgan Chase & Co. initiated coverage on BWX Technologies in a research report on Monday, July 27th. They issued an “overweight” rating and a $230.00 target price on the stock. Finally, Seaport Research Partners raised BWX Technologies from a “neutral” rating to a “buy” rating and set a $245.00 target price for the company in a research note on Monday, June 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $227.20.

BWX Technologies Stock Performance

Shares of BWX Technologies stock opened at $162.31 on Thursday. The company’s 50 day moving average price is $182.20 and its two-hundred day moving average price is $198.03. The firm has a market capitalization of $14.87 billion, a P/E ratio of 42.05, a P/E/G ratio of 2.58 and a beta of 0.76. BWX Technologies, Inc. has a fifty-two week low of $157.10 and a fifty-two week high of $241.82. The company has a debt-to-equity ratio of 1.51, a current ratio of 2.40 and a quick ratio of 2.33.

BWX Technologies (NYSE:BWXT) last announced its quarterly earnings results on Monday, August 3rd. The technology company reported $1.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.04 by $0.03. BWX Technologies had a net margin of 10.11% and a return on equity of 30.83%. The company had revenue of $901.62 million during the quarter, compared to the consensus estimate of $902.41 million. During the same period in the prior year, the business earned $1.02 earnings per share. The company’s revenue for the quarter 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. On average, equities analysts forecast that BWX Technologies, Inc. will post 4.75 earnings per share for the current fiscal year.

BWX Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Tuesday, August 18th will be given a dividend of $0.27 per share. The ex-dividend date is Tuesday, August 18th. This represents a $1.08 dividend on an annualized basis and a yield of 0.7%. BWX Technologies’s payout ratio is currently 27.98%.

Insider Transactions at BWX Technologies

In other BWX Technologies news, CEO Rex D. Geveden sold 10,000 shares of the company’s stock in a transaction dated Wednesday, August 12th. The stock was 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 owned 192,491 shares of the company’s stock, valued at $33,204,697.50. This represents a 4.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is currently owned by insiders.

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.