BWX Technologies (NYSE:BWXT) Reaches New 12-Month Low – What’s Next?

BWX Technologies, Inc. (NYSE:BWXT) hit a new 52-week low during trading on Thursday. The stock traded as low as $131.50 and last traded at $132.15, with a volume of 31,835 shares trading hands. The stock had previously closed at $135.11.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on BWXT shares. Northland Securities dropped their price objective on BWX Technologies from $250.00 to $220.00 and set an “outperform” rating on the stock in a research note on Wednesday, September 30th. Bank of America decreased their target price on shares of BWX Technologies from $250.00 to $210.00 and set a “buy” rating for the company in a research note on Wednesday, September 30th. BTIG Research restated a “buy” rating and set a $235.00 target price on shares of BWX Technologies in a report on Wednesday, September 30th. Truist Financial dropped their price target on shares of BWX Technologies from $202.00 to $182.00 and set a “hold” rating on the stock in a research report on Tuesday, October 6th. Finally, Guggenheim reiterated a “buy” rating and issued a $192.00 price target on shares of BWX Technologies in a research note on Wednesday, September 30th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $205.00.

BWX Technologies Stock Performance

The stock has a market capitalization of $11.66 billion, a price-to-earnings ratio of 32.97, a P/E/G ratio of 1.80 and a beta of 0.74. The company’s fifty day simple moving average is $146.42 and its 200 day simple moving average is $178.94. The company has a quick ratio of 2.33, a current ratio of 2.40 and a debt-to-equity ratio of 1.51.

BWX Technologies (NYSE:BWXT) last announced its quarterly 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 analyst estimates of $902.41 million. BWX Technologies had a net margin of 10.11% and a return on equity of 30.83%. BWX Technologies’s quarterly revenue was up 18.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $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, Inc. will post 4.75 earnings per share for the current year.

BWX Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, August 18th were given a dividend of $0.27 per share. The ex-dividend date 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 presently 27.98%.

Insider Activity at BWX Technologies

In related news, CEO Rex D. Geveden sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $172.50, for a total transaction of $1,725,000.00. Following the transaction, the chief executive officer directly owned 192,491 shares of the company’s stock, valued at approximately $33,204,697.50. This trade represents a 4.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.60% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in BWXT. Signaturefd LLC grew its position in BWX Technologies by 1.8% during the 3rd quarter. Signaturefd LLC now owns 21,159 shares of the technology company’s stock worth $2,899,000 after acquiring an additional 384 shares during the last quarter. Brookmont Capital Management increased its stake in BWX Technologies by 5.3% in the 3rd quarter. Brookmont Capital Management now owns 3,131 shares of the technology company’s stock worth $429,000 after purchasing an additional 159 shares during the period. Evergreen Capital Management LLC lifted its position in BWX Technologies by 1,123.9% in the third quarter. Evergreen Capital Management LLC now owns 25,028 shares of the technology company’s stock valued at $3,429,000 after purchasing an additional 22,983 shares during the last quarter. Wedbush Securities Inc. lifted its position in BWX Technologies by 44.6% in the third quarter. Wedbush Securities Inc. now owns 2,180 shares of the technology company’s stock valued at $299,000 after purchasing an additional 672 shares during the last quarter. Finally, Inspire Investing LLC boosted its stake in shares of BWX Technologies by 10.3% during the third quarter. Inspire Investing LLC now owns 42,597 shares of the technology company’s stock valued at $5,836,000 after purchasing an additional 3,974 shares during the period. 94.39% of the stock is owned by institutional investors.

About BWX Technologies

BWX Technologies, Inc (NYSE: BWXT) is a specialty manufacturer and services provider focused on nuclear technology. The company designs and manufactures nuclear reactors, reactor components, nuclear fuel and related equipment, with a major emphasis on highly engineered systems used in naval and commercial applications.

BWXT is a key supplier to the U.S. government, supporting the U.S. Navy’s nuclear-powered aircraft carriers and submarines through reactor design, component manufacturing, fuel production, maintenance and life-cycle services.