Equitable Holdings Inc. Makes New $1.54 Million Investment in BWX Technologies, Inc. $BWXT

Equitable Holdings Inc. purchased a new stake in BWX Technologies, Inc. (NYSE:BWXT) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 7,899 shares of the technology company’s stock, valued at approximately $1,538,000.

A number of other hedge funds also recently made changes to their positions in the business. Centaurus Financial Inc. bought a new position in shares of BWX Technologies during the 2nd quarter worth about $399,000. Jefferies Financial Group Inc. bought a new stake in BWX Technologies in the second quarter valued at about $235,000. Public Employees Retirement System of Ohio acquired a new position in BWX Technologies in the second quarter worth about $10,810,000. Capstone Investment Advisors LLC acquired a new position in BWX Technologies in the second quarter worth about $617,000. Finally, Stonehage Fleming Financial Services Holdings Ltd bought a new position in BWX Technologies during the second quarter worth about $40,000. Institutional investors and hedge funds own 94.39% of the company’s stock.

Insider Buying and Selling

In other BWX Technologies 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 value of $1,725,000.00. Following the completion of the sale, the chief executive officer owned 192,491 shares in the company, valued at approximately $33,204,697.50. This trade represents a 4.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is currently owned by corporate insiders.

BWX Technologies Trading Down 1.8%

Shares of BWXT opened at $153.12 on Friday. The stock has a fifty day moving average price of $175.83 and a two-hundred day moving average price of $195.80. The company has a debt-to-equity ratio of 1.51, a quick ratio of 2.33 and a current ratio of 2.40. BWX Technologies, Inc. has a 52-week low of $147.74 and a 52-week high of $241.82. The company has a market cap of $14.03 billion, a price-to-earnings ratio of 39.67, a PEG ratio of 2.44 and a beta of 0.76.

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

BWX Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Tuesday, August 18th will be issued a dividend of $0.27 per share. 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 0.7%. BWX Technologies’s dividend payout ratio is currently 27.98%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Truist Financial decreased their price objective on BWX Technologies from $212.00 to $202.00 and set a “hold” rating on the stock in a report on Friday, August 14th. Deutsche Bank Aktiengesellschaft upgraded BWX Technologies from a “hold” rating to a “buy” rating and raised their target price for the stock from $205.00 to $255.00 in a research report on Friday, May 15th. 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. Wall Street Zen lowered BWX Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Finally, Weiss Ratings cut BWX Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $224.20.

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.