First Hawaiian Bank Has $501,000 Stock Position in BWX Technologies, Inc. (NYSE:BWXT)

First Hawaiian Bank decreased its holdings in shares of BWX Technologies, Inc. (NYSE:BWXT) by 14.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,269 shares of the technology company’s stock after selling 925 shares during the period. First Hawaiian Bank’s holdings in BWX Technologies were worth $501,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in BWXT. Benjamin F. Edwards & Company Inc. bought a new position in BWX Technologies in the fourth quarter worth approximately $25,000. Quent Capital LLC lifted its holdings in shares of BWX Technologies by 146.6% in the 1st quarter. Quent Capital LLC now owns 254 shares of the technology company’s stock worth $26,000 after purchasing an additional 151 shares in the last quarter. GAMMA Investing LLC grew its position in BWX Technologies by 77.6% in the 1st quarter. GAMMA Investing LLC now owns 270 shares of the technology company’s stock valued at $28,000 after purchasing an additional 118 shares during the period. Toth Financial Advisory Corp grew its position in BWX Technologies by 1,500.0% in the 1st quarter. Toth Financial Advisory Corp now owns 320 shares of the technology company’s stock valued at $33,000 after purchasing an additional 300 shares during the period. Finally, SRS Capital Advisors Inc. increased its stake in BWX Technologies by 322.1% during the 4th quarter. SRS Capital Advisors Inc. now owns 553 shares of the technology company’s stock valued at $42,000 after purchasing an additional 422 shares in the last quarter. Institutional investors and hedge funds own 94.39% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on BWXT. Janney Montgomery Scott initiated coverage on shares of BWX Technologies in a research note on Thursday, June 27th. They issued a “buy” rating and a $113.00 price objective on the stock. BTIG Research assumed coverage on BWX Technologies in a research note on Wednesday, June 26th. They set a “buy” rating and a $110.00 price target for the company. CLSA started coverage on BWX Technologies in a research note on Monday, June 3rd. They issued a “buy” rating for the company. StockNews.com downgraded shares of BWX Technologies from a “buy” rating to a “hold” rating in a report on Thursday, June 27th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on shares of BWX Technologies from $112.00 to $113.00 and gave the company a “buy” rating in a report on Tuesday. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, BWX Technologies has an average rating of “Moderate Buy” and an average price target of $100.38.

BWX Technologies Trading Up 1.5 %

BWXT traded up $1.37 during midday trading on Tuesday, reaching $93.75. 415,378 shares of the company’s stock traded hands, compared to its average volume of 585,405. The firm has a fifty day moving average of $94.79 and a two-hundred day moving average of $93.55. The company has a debt-to-equity ratio of 1.29, a current ratio of 2.24 and a quick ratio of 2.24. The stock has a market capitalization of $8.57 billion, a price-to-earnings ratio of 33.74, a P/E/G ratio of 3.65 and a beta of 0.68. BWX Technologies, Inc. has a 52 week low of $70.21 and a 52 week high of $107.18.

BWX Technologies (NYSE:BWXT) last posted its quarterly earnings data on Monday, August 5th. The technology company reported $0.82 EPS for the quarter, topping the consensus estimate of $0.76 by $0.06. BWX Technologies had a net margin of 10.00% and a return on equity of 31.57%. The business had revenue of $681.50 million for the quarter, compared to analyst estimates of $639.31 million. During the same quarter in the previous year, the firm posted $0.65 earnings per share. BWX Technologies’s quarterly revenue was up 11.3% on a year-over-year basis. On average, equities analysts anticipate that BWX Technologies, Inc. will post 3.19 earnings per share for the current fiscal year.

About BWX Technologies

BWX Technologies, Inc, together with its subsidiaries, manufactures and sells nuclear components in the United States, Canada, and internationally. It operates through two segments, Government Operations and Commercial Operations. The Government Operations segment designs and manufactures naval nuclear components, reactors, and nuclear fuel; fabrication activities; and supplies proprietary and sole-source valves, manifolds, and fittings to naval and commercial shipping customers.