Franklin Resources Inc. Sells 185,917 Shares of BWX Technologies, Inc. $BWXT

Franklin Resources Inc. reduced its stake in shares of BWX Technologies, Inc. (NYSE:BWXT) by 7.8% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,204,688 shares of the technology company’s stock after selling 185,917 shares during the period. Franklin Resources Inc. owned 2.41% of BWX Technologies worth $406,478,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Massachusetts Financial Services Co. MA raised its position in shares of BWX Technologies by 26.0% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,159,033 shares of the technology company’s stock valued at $213,691,000 after purchasing an additional 239,292 shares during the period. Eos Management L.P. boosted its holdings in BWX Technologies by 27.9% in the 3rd quarter. Eos Management L.P. now owns 25,894 shares of the technology company’s stock worth $4,774,000 after buying an additional 5,644 shares during the period. Principal Financial Group Inc. boosted its holdings in BWX Technologies by 51.1% in the 3rd quarter. Principal Financial Group Inc. now owns 313,192 shares of the technology company’s stock worth $57,743,000 after buying an additional 105,879 shares during the period. Thrivent Financial for Lutherans increased its stake in BWX Technologies by 7.3% in the 3rd quarter. Thrivent Financial for Lutherans now owns 669,636 shares of the technology company’s stock worth $123,460,000 after buying an additional 45,667 shares in the last quarter. Finally, Police & Firemen s Retirement System of New Jersey increased its stake in BWX Technologies by 4.7% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 34,636 shares of the technology company’s stock worth $4,990,000 after buying an additional 1,548 shares in the last quarter. 94.39% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on BWXT shares. Zacks Research upgraded BWX Technologies from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 21st. Weiss Ratings upgraded BWX Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 25th. Wall Street Zen downgraded BWX Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. BNP Paribas Exane assumed coverage on BWX Technologies in a report on Thursday, January 15th. They issued a “neutral” rating and a $215.00 price target on the stock. Finally, BTIG Research upped their price target on BWX Technologies from $225.00 to $235.00 and gave the stock a “buy” rating in a research note on Thursday, February 26th. Three equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, BWX Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $200.45.

BWX Technologies Stock Up 0.1%

Shares of BWXT stock opened at $196.05 on Thursday. The company’s fifty day simple moving average is $202.44 and its two-hundred day simple moving average is $189.31. BWX Technologies, Inc. has a 52 week low of $84.21 and a 52 week high of $220.57. The stock has a market cap of $17.93 billion, a P/E ratio of 54.92, a PEG ratio of 3.20 and a beta of 0.83. The company has a quick ratio of 2.25, a current ratio of 2.32 and a debt-to-equity ratio of 1.64.

BWX Technologies (NYSE:BWXT) last issued 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. BWX Technologies had a return on equity of 30.94% and a net margin of 10.28%.The firm had revenue of $885.84 million during the quarter, compared to analyst estimates of $837.47 million. During the same quarter last year, the business posted $0.92 earnings per share. The business’s quarterly revenue was up 18.7% compared to the same quarter last year. BWX Technologies has set its FY 2026 guidance at 4.550-4.700 EPS. Analysts predict that BWX Technologies, Inc. will post 3.23 EPS for the current fiscal year.

BWX Technologies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Wednesday, March 11th will be issued a dividend of $0.27 per share. The ex-dividend date is Wednesday, March 11th. This represents a $1.08 annualized dividend and a yield of 0.6%. This is a boost from BWX Technologies’s previous quarterly dividend of $0.25. BWX Technologies’s dividend payout ratio (DPR) is 28.01%.

Insider Buying and Selling at BWX Technologies

In other BWX Technologies news, CAO Kevin James Gorman sold 1,344 shares of BWX Technologies stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $214.71, for a total value of $288,570.24. Following the sale, the chief accounting officer owned 114 shares of the company’s stock, valued at $24,476.94. The trade was a 92.18% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Gerhard F. Burbach sold 1,983 shares of the company’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $208.61, for a total value of $413,673.63. The SEC filing for this sale provides additional information. Insiders sold 13,327 shares of company stock worth $2,734,844 in the last quarter. 0.47% of the stock is owned by corporate insiders.

BWX Technologies Profile

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.