State of Wyoming Takes Position in BWX Technologies, Inc. $BWXT

State of Wyoming bought a new position in BWX Technologies, Inc. (NYSE:BWXTFree Report) during the 2nd quarter, Holdings Channel reports. The fund bought 3,416 shares of the technology company’s stock, valued at approximately $665,000.

Other hedge funds also recently made changes to their positions in the company. Invesco Ltd. grew its holdings in shares of BWX Technologies by 0.7% in the fourth quarter. Invesco Ltd. now owns 2,568,117 shares of the technology company’s stock valued at $443,873,000 after purchasing an additional 18,967 shares in the last quarter. Franklin Resources Inc. raised its stake in BWX Technologies by 2.4% during the fourth quarter. Franklin Resources Inc. now owns 2,258,282 shares of the technology company’s stock valued at $390,321,000 after purchasing an additional 53,594 shares in the last quarter. Geode Capital Management LLC raised its stake in BWX Technologies by 3.9% during the fourth quarter. Geode Capital Management LLC now owns 1,857,716 shares of the technology company’s stock valued at $321,176,000 after purchasing an additional 69,857 shares in the last quarter. Blair William & Co. IL lifted its position in BWX Technologies by 20.9% during the fourth quarter. Blair William & Co. IL now owns 1,439,666 shares of the technology company’s stock valued at $248,832,000 after purchasing an additional 248,598 shares during the last quarter. Finally, First Trust Advisors LP lifted its position in BWX Technologies by 12.2% during the first quarter. First Trust Advisors LP now owns 1,391,079 shares of the technology company’s stock valued at $284,462,000 after purchasing an additional 151,580 shares during the last quarter. 94.39% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at BWX Technologies

In other BWX Technologies news, CEO Rex D. Geveden sold 10,000 shares of the 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 in the company, valued at $33,204,697.50. This represents a 4.94% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research firms have recently weighed in on BWXT. Deutsche Bank Aktiengesellschaft upgraded shares of BWX Technologies from a “hold” rating to a “buy” rating and boosted their target price for the stock from $205.00 to $255.00 in a report on Friday, May 15th. Truist Financial lowered their price target on shares of BWX Technologies from $212.00 to $202.00 and set a “hold” rating for the company in a report on Friday. BTIG Research reiterated a “buy” rating and issued a $235.00 price target on shares of BWX Technologies in a research report on Tuesday, August 4th. JPMorgan Chase & Co. assumed coverage on BWX Technologies in a research note on Monday, July 27th. They set an “overweight” rating and a $230.00 price objective on the stock. Finally, Wall Street Zen lowered shares of BWX Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $227.20.

Get Our Latest Stock Report on BWX Technologies

BWX Technologies Trading Down 0.0%

BWXT stock opened at $173.14 on Monday. BWX Technologies, Inc. has a 12 month low of $157.10 and a 12 month high of $241.82. The firm’s 50-day moving average is $183.41 and its 200 day moving average is $199.02. The company has a market capitalization of $15.86 billion, a PE ratio of 44.86, a P/E/G ratio of 2.71 and a beta of 0.76. The company has a debt-to-equity ratio of 1.51, a current ratio of 2.40 and a quick ratio of 2.33.

BWX Technologies (NYSE:BWXTGet Free Report) last released its quarterly earnings data on Monday, August 3rd. The technology company reported $1.07 EPS for the quarter, topping the consensus estimate of $1.04 by $0.03. The company had revenue of $901.62 million for the quarter, compared to the consensus estimate of $902.41 million. BWX Technologies had a return on equity of 30.83% and a net margin of 10.11%.BWX Technologies’s quarterly revenue was up 18.0% on a year-over-year basis. During the same period last year, the business posted $1.02 EPS. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. On average, research analysts anticipate that BWX Technologies, Inc. will post 4.75 EPS for the current year.

BWX Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Tuesday, August 18th will be paid a $0.27 dividend. The ex-dividend date of this dividend is Tuesday, August 18th. This represents a $1.08 dividend on an annualized basis and a yield of 0.6%. BWX Technologies’s dividend payout ratio is 27.98%.

BWX Technologies Profile

(Free Report)

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.

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Institutional Ownership by Quarter for BWX Technologies (NYSE:BWXT)

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