BWX Technologies (NYSE:BWXT – Get Free Report) was upgraded by analysts at Wells Fargo & Company to a “strong sell” rating in a research report issued on Tuesday,Zacks.com reports.
Other equities research analysts also recently issued research reports about the stock. Bank of America increased their target price on shares of BWX Technologies from $230.00 to $250.00 and gave the company a “buy” rating in a research note on Wednesday, March 25th. Wall Street Zen downgraded shares of BWX Technologies from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. CJS Securities raised shares of BWX Technologies to a “strong-buy” rating in a research report on Friday, December 12th. BTIG Research raised their price objective on shares of BWX Technologies from $225.00 to $235.00 and gave the stock a “buy” rating in a research note on Thursday, February 26th. Finally, Zacks Research upgraded BWX Technologies from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 21st. Three analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $207.60.
Read Our Latest Report on BWXT
BWX Technologies Trading Up 4.2%
BWX Technologies (NYSE:BWXT – Get Free Report) last announced its quarterly earnings results on Monday, February 23rd. The technology company reported $1.08 EPS for the quarter, beating analysts’ consensus estimates of $0.91 by $0.17. The company had revenue of $885.84 million during the quarter, compared to analyst estimates of $837.47 million. BWX Technologies had a return on equity of 30.94% and a net margin of 10.28%.The firm’s revenue was up 18.7% on a year-over-year basis. During the same period in the prior year, the company earned $0.92 earnings per share. BWX Technologies has set its FY 2026 guidance at 4.550-4.700 EPS. Equities research analysts predict that BWX Technologies will post 3.23 EPS for the current fiscal year.
Insider Activity at BWX Technologies
In related news, CAO Kevin James Gorman sold 1,344 shares of BWX Technologies stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $214.71, for a total transaction of $288,570.24. Following the completion of the sale, the chief accounting officer owned 114 shares in the company, valued at $24,476.94. This trade represents a 92.18% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Rex D. Geveden sold 10,000 shares of the business’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $203.26, for a total transaction of $2,032,600.00. Following the completion of the sale, the chief executive officer directly owned 177,594 shares of the company’s stock, valued at approximately $36,097,756.44. This trade represents a 5.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 13,327 shares of company stock worth $2,734,844 in the last 90 days. 0.47% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the business. Hsbc Holdings PLC increased its stake in shares of BWX Technologies by 260.2% during the fourth quarter. Hsbc Holdings PLC now owns 7,770 shares of the technology company’s stock worth $1,348,000 after purchasing an additional 5,613 shares in the last quarter. Rockefeller Capital Management L.P. lifted its stake in BWX Technologies by 3.4% in the 4th quarter. Rockefeller Capital Management L.P. now owns 28,172 shares of the technology company’s stock valued at $4,869,000 after buying an additional 926 shares in the last quarter. ARP Global Capital Ltd acquired a new stake in BWX Technologies in the 4th quarter worth about $3,538,000. Corient Private Wealth LLC increased its stake in BWX Technologies by 28.5% during the 4th quarter. Corient Private Wealth LLC now owns 12,206 shares of the technology company’s stock worth $2,110,000 after buying an additional 2,710 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd increased its stake in BWX Technologies by 26,900.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 810 shares of the technology company’s stock worth $140,000 after buying an additional 807 shares in the last quarter. Hedge funds and other institutional investors own 94.39% of the company’s stock.
About BWX Technologies
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.
Further Reading
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