Insight Wealth Strategies LLC Buys 6,461 Shares of BWX Technologies, Inc. $BWXT

Insight Wealth Strategies LLC lifted its stake in shares of BWX Technologies, Inc. (NYSE:BWXT) by 20.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 37,565 shares of the technology company’s stock after purchasing an additional 6,461 shares during the period. Insight Wealth Strategies LLC’s holdings in BWX Technologies were worth $5,146,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Transamerica Financial Advisors LLC purchased a new stake in BWX Technologies during the 2nd quarter worth approximately $26,000. Security National Bank of SO Dak acquired a new stake in shares of BWX Technologies in the second quarter worth approximately $29,000. MV Capital Management Inc. purchased a new stake in shares of BWX Technologies during the fourth quarter worth approximately $32,000. Stonehage Fleming Financial Services Holdings Ltd acquired a new position in BWX Technologies in the 2nd quarter valued at $40,000. Finally, Ancora Advisors LLC acquired a new position in BWX Technologies in the 2nd quarter valued at $47,000. Institutional investors and hedge funds own 94.39% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on BWXT shares. Wall Street Zen cut shares of BWX Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. BNP Paribas Exane lowered their price target on shares of BWX Technologies from $190.00 to $165.00 and set a “neutral” rating on the stock in a research report on Thursday, September 24th. BTIG Research reiterated a “buy” rating and issued a $235.00 price objective on shares of BWX Technologies in a report on Wednesday, September 30th. Weiss Ratings lowered shares of BWX Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, August 26th. Finally, Citigroup restated an “outperform” rating on shares of BWX Technologies in a report on Wednesday, September 30th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $208.33.

Insider Buying and Selling

In other news, CEO Rex D. Geveden sold 10,000 shares of the company’s stock in a transaction on 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 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 SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is owned by corporate insiders.

BWX Technologies Trading Up 0.1%

NYSE:BWXT traded up $0.13 on Friday, hitting $142.35. The stock had a trading volume of 264,948 shares, compared to its average volume of 1,048,132. The company has a fifty day moving average price of $154.12 and a two-hundred day moving average price of $184.34. BWX Technologies, Inc. has a 1-year low of $131.86 and a 1-year high of $241.82. The company has a quick ratio of 2.33, a current ratio of 2.40 and a debt-to-equity ratio of 1.51. The stock has a market cap of $13.04 billion, a price-to-earnings ratio of 36.89, a PEG ratio of 2.16 and a beta of 0.74.

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 analysts’ consensus estimates of $1.04 by $0.03. The business had revenue of $901.62 million during the quarter, compared to the consensus estimate of $902.41 million. BWX Technologies had a net margin of 10.11% and a return on equity of 30.83%. The business’s revenue was up 18.0% compared to the same quarter last year. During the same quarter last year, the firm earned $1.02 EPS. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. Equities research analysts expect that BWX Technologies, Inc. will post 4.75 earnings per share for the current fiscal year.

BWX Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, August 18th were paid a dividend of $0.27 per share. The ex-dividend date of this dividend was Tuesday, August 18th. This represents a $1.08 annualized dividend and a yield of 0.8%. BWX Technologies’s dividend payout ratio (DPR) is 27.98%.

BWX Technologies Company Profile

BWX Technologies, Inc (NYSE:BWXT) is a provider of nuclear components, systems and services for government and commercial customers. The company is best known for designing and manufacturing nuclear reactors and related components for the U.S. Navy’s nuclear-powered aircraft carriers and submarines. It also supports the nuclear fuel cycle and provides engineering, manufacturing, maintenance and technical services for nuclear facilities.

BWXT serves the U.S. government, commercial nuclear power producers, research institutions and customers in the healthcare and space industries.