BWX Technologies (NYSE:BWXT) Stock Price Target Cut by JPMorgan Chase & Co.

BWX Technologies (NYSE:BWXT) had its target price lowered by analysts at JPMorgan Chase & Co. from $230.00 to $190.00 in a report released on Tuesday, Benzinga reports. The firm currently has an “overweight” rating on the technology company’s stock. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 36.50% from the company’s current price.

BWXT has been the topic of a number of other reports. Jefferies Financial Group started coverage on shares of BWX Technologies in a research note on Thursday, September 3rd. They issued a “buy” rating and a $181.00 price objective on the stock. Guggenheim reaffirmed a “buy” rating and issued a $192.00 target price on shares of BWX Technologies in a report on Wednesday, September 30th. Wall Street Zen downgraded shares of BWX Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Citigroup reiterated an “outperform” rating on shares of BWX Technologies in a research note on Wednesday, September 30th. Finally, Truist Financial lowered their price target on BWX Technologies from $202.00 to $182.00 and set a “hold” rating on the stock in a report on Tuesday, October 6th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $205.00.

BWX Technologies Stock Performance

Shares of BWXT traded down $0.73 during mid-day trading on Tuesday, reaching $139.19. 379,640 shares of the company’s stock were exchanged, compared to its average volume of 1,046,731. The company has a debt-to-equity ratio of 1.51, a current ratio of 2.40 and a quick ratio of 2.33. The stock has a market capitalization of $12.75 billion, a PE ratio of 36.13, a price-to-earnings-growth ratio of 2.20 and a beta of 0.74. The business’s fifty day simple moving average is $152.92 and its 200-day simple moving average is $183.45. BWX Technologies has a 52-week low of $131.86 and a 52-week high of $241.82.

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

Insider Buying and Selling at BWX Technologies

In related news, CEO Rex D. Geveden sold 10,000 shares of the 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 sale, the chief executive officer directly owned 192,491 shares of the company’s stock, valued at $33,204,697.50. This trade represents a 4.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On BWX Technologies

A number of large investors have recently bought and sold shares of BWXT. Kieckhefer Group LLC boosted its holdings in shares of BWX Technologies by 6.5% during the third quarter. Kieckhefer Group LLC now owns 41,986 shares of the technology company’s stock worth $5,752,000 after purchasing an additional 2,568 shares during the last quarter. GK Wealth Management LLC purchased a new stake in shares of BWX Technologies in the third quarter valued at $45,000. Lincoln Capital LLC increased its stake in BWX Technologies by 32.6% in the third quarter. Lincoln Capital LLC now owns 2,201 shares of the technology company’s stock valued at $302,000 after purchasing an additional 541 shares during the last quarter. Insight Wealth Strategies LLC increased its stake in BWX Technologies by 20.8% in the third quarter. Insight Wealth Strategies LLC now owns 37,565 shares of the technology company’s stock valued at $5,146,000 after purchasing an additional 6,461 shares during the last quarter. Finally, CoreCap Advisors LLC lifted its position in BWX Technologies by 7.1% during the third quarter. CoreCap Advisors LLC now owns 1,903 shares of the technology company’s stock worth $261,000 after buying an additional 126 shares during the period. Hedge funds and other institutional investors own 94.39% of the company’s stock.

About BWX Technologies

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.