BWX Technologies, Inc. $BWXT Stock Holdings Raised by ZWJ Investment Counsel Inc.

ZWJ Investment Counsel Inc. raised its holdings in shares of BWX Technologies, Inc. (NYSE:BWXT) by 1.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 381,433 shares of the technology company’s stock after purchasing an additional 4,296 shares during the quarter. BWX Technologies makes up approximately 1.5% of ZWJ Investment Counsel Inc.’s portfolio, making the stock its 22nd largest holding. ZWJ Investment Counsel Inc. owned 0.42% of BWX Technologies worth $52,256,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Transamerica Financial Advisors LLC purchased a new position in shares of BWX Technologies in the second quarter worth about $26,000. Security National Bank of SO Dak bought a new stake in shares of BWX Technologies in the second quarter valued at approximately $29,000. MV Capital Management Inc. purchased a new stake in shares of BWX Technologies during the 4th quarter valued at approximately $32,000. Stonehage Fleming Financial Services Holdings Ltd purchased a new stake in shares of BWX Technologies during the 2nd quarter valued at approximately $40,000. Finally, Ancora Advisors LLC purchased a new stake in shares of BWX Technologies during the 2nd quarter valued at approximately $47,000. Institutional investors own 94.39% of the company’s stock.

BWX Technologies Stock Down 3.2%

Shares of NYSE BWXT opened at $134.38 on Thursday. BWX Technologies, Inc. has a 52 week low of $131.86 and a 52 week high of $241.82. The business has a 50-day simple moving average of $151.57 and a two-hundred day simple moving average of $182.37. The company has a quick ratio of 2.33, a current ratio of 2.40 and a debt-to-equity ratio of 1.51. The company has a market cap of $12.31 billion, a P/E ratio of 34.81, a P/E/G ratio of 2.12 and a beta of 0.74.

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

BWX Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, August 18th were given a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Tuesday, August 18th. BWX Technologies’s dividend payout ratio (DPR) is 27.98%.

Insider Buying and Selling

In related news, CEO Rex D. Geveden sold 10,000 shares of the business’s stock in a transaction that occurred on 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 completion of the transaction, the chief executive officer owned 192,491 shares of the company’s stock, valued at approximately $33,204,697.50. The trade was a 4.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.60% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on BWXT shares. Northland Securities cut their price objective on shares of BWX Technologies from $250.00 to $220.00 and set an “outperform” rating for the company in a report on Wednesday, September 30th. BTIG Research reissued a “buy” rating and set a $235.00 target price on shares of BWX Technologies in a report on Wednesday, September 30th. BNP Paribas Exane lowered their target price on shares of BWX Technologies from $190.00 to $165.00 and set a “neutral” rating on the stock in a report on Thursday, September 24th. Truist Financial dropped their target price on BWX Technologies from $202.00 to $182.00 and set a “hold” rating on the stock in a research report on Tuesday, October 6th. Finally, Seaport Research Partners raised BWX Technologies from a “neutral” rating to a “buy” rating and set a $245.00 price target for the company in a report on Monday, June 22nd. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, BWX Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $205.00.

BWX Technologies Company Profile

BWX Technologies, Inc (NYSE:BWXT) is a provider of nuclear components, systems and services for government and commercial customers. The company is best known for designing and manufacturing nuclear reactors and related components for the U.S. Navy’s nuclear-powered aircraft carriers and submarines. It also supports the nuclear fuel cycle and provides engineering, manufacturing, maintenance and technical services for nuclear facilities.

BWXT serves the U.S. government, commercial nuclear power producers, research institutions and customers in the healthcare and space industries.