BWX Technologies (NYSE:BWXT) Raised to Strong-Buy at Guggenheim

BWX Technologies (NYSE:BWXT) was upgraded by investment analysts at Guggenheim to a “strong-buy” rating in a research note issued on Monday, Zacks reports.

Other equities analysts have also issued research reports about the company. Seaport Research Partners raised BWX Technologies from a “neutral” rating to a “buy” rating and set a $245.00 price objective for the company in a research report on Monday, June 22nd. Wall Street Zen downgraded shares of BWX Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. BTIG Research reiterated a “buy” rating and issued a $235.00 price target on shares of BWX Technologies in a research note on Tuesday, August 4th. Wells Fargo & Company raised shares of BWX Technologies from an “underweight” rating to an “equal weight” rating and lowered their price target for the company from $200.00 to $170.00 in a research report on Thursday, August 27th. Finally, Weiss Ratings lowered shares of BWX Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, August 26th. Two research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $217.92.

BWX Technologies Stock Down 0.9%

Shares of NYSE:BWXT opened at $145.33 on Monday. BWX Technologies has a 52-week low of $144.33 and a 52-week high of $241.82. The firm has a market capitalization of $13.32 billion, a P/E ratio of 37.65, a P/E/G ratio of 2.30 and a beta of 0.75. The stock has a 50 day moving average price of $164.90 and a 200-day moving average price of $191.32. 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 (NYSE:BWXT) last released its 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 company had revenue of $901.62 million during the quarter, compared to analysts’ expectations of $902.41 million. BWX Technologies had a return on equity of 30.83% and a net margin of 10.11%.The firm’s revenue for the quarter was up 18.0% compared to the same quarter last year. During the same quarter last year, the business posted $1.02 EPS. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. As a group, equities research analysts anticipate that BWX Technologies will post 4.75 EPS for the current fiscal year.

Insider Activity

In related news, CEO Rex D. Geveden sold 10,000 shares of the company’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 transaction, the chief executive officer owned 192,491 shares in the company, valued at $33,204,697.50. The trade was a 4.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at 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.

Institutional Investors Weigh In On BWX Technologies

A number of institutional investors have recently made changes to their positions in BWXT. Sequoia Financial Advisors LLC raised its holdings in BWX Technologies by 18.3% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 60,999 shares of the technology company’s stock worth $11,873,000 after acquiring an additional 9,425 shares during the last quarter. WINTON GROUP Ltd purchased a new stake in BWX Technologies during the 2nd quarter valued at $428,000. Engineers Gate Manager LP purchased a new stake in BWX Technologies during the 2nd quarter valued at $216,000. NewEdge Advisors LLC increased its holdings in shares of BWX Technologies by 9.5% in the 2nd quarter. NewEdge Advisors LLC now owns 8,689 shares of the technology company’s stock worth $1,691,000 after purchasing an additional 752 shares in the last quarter. Finally, Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD increased its holdings in shares of BWX Technologies by 54.0% in the 2nd quarter. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD now owns 38,289 shares of the technology company’s stock worth $7,453,000 after purchasing an additional 13,424 shares in the last quarter. Hedge funds and other institutional investors own 94.39% of the company’s stock.

BWX Technologies Company Profile

BWX Technologies, Inc (NYSE: BWXT) is a technology and manufacturing company that specializes in nuclear components, systems and services. The company primarily serves government and commercial customers in the nuclear energy, national security and medical markets.

BWXT is a major supplier to the U.S. government and supports the U.S. Navy’s nuclear propulsion program by designing and manufacturing nuclear reactors and related components for naval vessels. Its offerings also include nuclear fuel, reactor components, engineering and maintenance services, and technologies intended for advanced and small modular reactors.

Through its commercial and medical businesses, BWXT provides nuclear equipment and services for civilian power generation, produces medical radioisotopes and related technologies, and supports research and other specialized applications.