BWX Technologies, Inc. (NYSE:BWXT) Sees Significant Drop in Short Interest

BWX Technologies, Inc. (NYSE:BWXT) was the recipient of a significant decrease in short interest during the month of February. As of February 13th, there was short interest totaling 2,286,086 shares, a decrease of 15.2% from the January 29th total of 2,694,818 shares. Currently, 2.5% of the company’s shares are short sold. Based on an average daily volume of 977,584 shares, the short-interest ratio is currently 2.3 days. Based on an average daily volume of 977,584 shares, the short-interest ratio is currently 2.3 days. Currently, 2.5% of the company’s shares are short sold.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. CJS Securities upgraded shares of BWX Technologies to a “strong-buy” rating in a report on Friday, December 12th. BNP Paribas Exane started coverage on BWX Technologies in a research report on Thursday, January 15th. They set a “neutral” rating and a $215.00 price target on the stock. Bank of America raised their price objective on BWX Technologies from $220.00 to $230.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. Wall Street Zen downgraded BWX Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Finally, Zacks Research upgraded BWX Technologies from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 21st. Three investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, BWX Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $200.45.

BWX Technologies Stock Performance

Shares of NYSE:BWXT traded down $11.76 during midday trading on Thursday, reaching $193.81. The company’s stock had a trading volume of 688,433 shares, compared to its average volume of 1,030,791. The company has a quick ratio of 2.25, a current ratio of 2.32 and a debt-to-equity ratio of 1.64. The stock has a fifty day moving average of $200.29 and a 200 day moving average of $188.23. BWX Technologies has a twelve month low of $84.21 and a twelve month high of $220.57. The firm has a market capitalization of $17.72 billion, a PE ratio of 54.29, a P/E/G ratio of 3.36 and a beta of 0.83.

BWX Technologies (NYSE:BWXT) last released its quarterly earnings data on Monday, February 23rd. The technology company reported $1.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.91 by $0.17. The business 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 company’s revenue was up 18.7% on a year-over-year basis. During the same quarter last year, the business posted $0.92 EPS. BWX Technologies has set its FY 2026 guidance at 4.550-4.700 EPS. On average, equities analysts expect that BWX Technologies will post 3.23 EPS for the current fiscal year.

BWX Technologies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Wednesday, March 11th will be paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Wednesday, March 11th. This is an increase from BWX Technologies’s previous quarterly dividend of $0.25. BWX Technologies’s dividend payout ratio is currently 30.25%.

Insider Activity

In other news, Director Gerhard F. Burbach sold 1,983 shares of the business’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $208.61, for a total value of $413,673.63. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Rex D. Geveden sold 10,000 shares of the company’s stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $203.26, for a total value of $2,032,600.00. Following the sale, the chief executive officer owned 177,594 shares of the company’s stock, valued at approximately $36,097,756.44. This represents a 5.33% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 13,327 shares of company stock valued at $2,734,844. Corporate insiders own 0.47% of the company’s stock.

Institutional Trading of BWX Technologies

Several institutional investors have recently bought and sold shares of BWXT. Goldman Sachs Group Inc. lifted its position in shares of BWX Technologies by 0.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 141,680 shares of the technology company’s stock valued at $13,977,000 after buying an additional 371 shares in the last quarter. Caxton Associates LLP purchased a new stake in BWX Technologies during the 1st quarter worth approximately $304,000. Hantz Financial Services Inc. raised its holdings in shares of BWX Technologies by 861.9% during the second quarter. Hantz Financial Services Inc. now owns 202 shares of the technology company’s stock valued at $29,000 after acquiring an additional 181 shares during the last quarter. Creative Financial Designs Inc. ADV boosted its stake in shares of BWX Technologies by 250.0% in the second quarter. Creative Financial Designs Inc. ADV now owns 175 shares of the technology company’s stock worth $25,000 after acquiring an additional 125 shares during the last quarter. Finally, State of Michigan Retirement System increased its position in shares of BWX Technologies by 0.5% during the second quarter. State of Michigan Retirement System now owns 22,000 shares of the technology company’s stock worth $3,169,000 after purchasing an additional 100 shares in the last quarter. 94.39% of the stock is owned by institutional investors and hedge funds.

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.