Moore Capital Management LP Buys 31,553 Shares of BWX Technologies, Inc. $BWXT

Moore Capital Management LP lifted its stake in BWX Technologies, Inc. (NYSE:BWXT) by 100.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 62,977 shares of the technology company’s stock after purchasing an additional 31,553 shares during the period. Moore Capital Management LP’s holdings in BWX Technologies were worth $12,258,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. BlackRock Inc. purchased a new position in shares of BWX Technologies during the second quarter valued at about $2,359,895,000. Bank of New York Mellon Corp purchased a new stake in BWX Technologies in the second quarter worth about $222,587,000. Bank of America Corp DE purchased a new stake in BWX Technologies in the second quarter worth about $202,020,000. Invesco Ltd. boosted its position in BWX Technologies by 60.1% during the 3rd quarter. Invesco Ltd. now owns 2,549,150 shares of the technology company’s stock valued at $469,987,000 after acquiring an additional 956,770 shares in the last quarter. Finally, William Blair Investment Management LLC bought a new stake in BWX Technologies during the 2nd quarter valued at approximately $183,211,000. Institutional investors own 94.39% of the company’s stock.

Insiders Place Their Bets

In other BWX Technologies news, CEO Rex D. Geveden sold 10,000 shares of BWX Technologies stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $172.50, for a total transaction of $1,725,000.00. Following the completion of the transaction, the chief executive officer owned 192,491 shares in the company, valued at approximately $33,204,697.50. The trade was a 4.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is currently owned by company insiders.

BWX Technologies Trading Up 0.2%

NYSE:BWXT opened at $153.12 on Monday. The firm has a market capitalization of $14.03 billion, a P/E ratio of 39.67, a PEG ratio of 2.39 and a beta of 0.76. 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, Inc. has a one year low of $147.74 and a one year high of $241.82. The company’s 50-day simple moving average is $175.83 and its 200 day simple moving average is $195.75.

BWX Technologies (NYSE:BWXT) last announced its earnings results on Monday, August 3rd. The technology company reported $1.07 earnings per share for the quarter, beating analysts’ consensus estimates of $1.04 by $0.03. BWX Technologies had a net margin of 10.11% and a return on equity of 30.83%. The business had revenue of $901.62 million during the quarter, compared to the consensus estimate of $902.41 million. During the same quarter last year, the firm earned $1.02 earnings per share. The business’s revenue for the quarter was up 18.0% on a year-over-year basis. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. As a group, analysts forecast that BWX Technologies, Inc. will post 4.75 EPS for the current fiscal year.

BWX Technologies Dividend Announcement

The business 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. This represents a $1.08 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Tuesday, August 18th. BWX Technologies’s dividend payout ratio (DPR) is 27.98%.

Wall Street Analysts Forecast Growth

BWXT has been the subject of several research reports. Wall Street Zen lowered BWX Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Truist Financial dropped their price target on BWX Technologies from $212.00 to $202.00 and set a “hold” rating on the stock in a research report on Friday, August 14th. JPMorgan Chase & Co. initiated coverage on BWX Technologies in a research note on Monday, July 27th. They issued an “overweight” rating and a $230.00 price target on the stock. Zacks Research downgraded BWX Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. Finally, BTIG Research reissued a “buy” rating and set a $235.00 price objective on shares of BWX Technologies in a research report on Tuesday, August 4th. Two research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $224.20.

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.