BWX Technologies (NYSE:BWXT) Earns Overweight Rating from Analysts at JPMorgan Chase & Co.

JPMorgan Chase & Co. started coverage on shares of BWX Technologies (NYSE:BWXT) in a research note issued to investors on Monday, MarketBeat reports. The brokerage issued an overweight rating and a $230.00 target price on the technology company’s stock.

BWXT has been the topic of several other reports. Deutsche Bank Aktiengesellschaft upgraded BWX Technologies from a “hold” rating to a “buy” rating and lifted their price target for the company from $205.00 to $255.00 in a research report on Friday, May 15th. Weiss Ratings reiterated a “buy (b-)” rating on shares of BWX Technologies in a research report on Friday, May 22nd. Wells Fargo & Company started coverage on shares of BWX Technologies in a research report on Wednesday, April 1st. They set an “underweight” rating and a $200.00 price objective for the company. Wall Street Zen upgraded shares of BWX Technologies from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Finally, Seaport Research Partners raised shares of BWX Technologies from a “neutral” rating to a “buy” rating and set a $245.00 target price for the company in a research note on Monday, June 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, BWX Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $228.20.

BWX Technologies Trading Down 7.2%

Shares of NYSE:BWXT opened at $157.53 on Monday. The company has a 50 day moving average of $189.45 and a 200-day moving average of $202.30. The company has a current ratio of 2.40, a quick ratio of 2.33 and a debt-to-equity ratio of 1.58. The firm has a market cap of $14.43 billion, a P/E ratio of 42.12, a P/E/G ratio of 2.89 and a beta of 0.74. BWX Technologies has a twelve month low of $143.07 and a twelve month high of $241.82.

BWX Technologies (NYSE:BWXT) last posted its quarterly earnings data on Monday, May 4th. The technology company reported $1.12 EPS for the quarter, beating analysts’ consensus estimates of $0.92 by $0.20. BWX Technologies had a net margin of 10.20% and a return on equity of 31.33%. The business had revenue of $860.22 million for the quarter, compared to analyst estimates of $837.47 million. During the same quarter last year, the business earned $0.91 earnings per share. The business’s revenue for the quarter was up 26.1% on a year-over-year basis. BWX Technologies has set its FY 2026 guidance at 4.600-4.750 EPS. As a group, analysts anticipate that BWX Technologies will post 4.6 earnings per share for the current fiscal year.

Insider Transactions at BWX Technologies

In other news, CEO Rex D. Geveden sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $204.81, for a total transaction of $2,048,100.00. Following the sale, the chief executive officer owned 202,491 shares in the company, valued at $41,472,181.71. The trade was a 4.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Michael Thomas Fitzgerald sold 2,417 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $209.25, for a total transaction of $505,757.25. Following the sale, the chief financial officer owned 6,884 shares in the company, valued at $1,440,477. This represents a 25.99% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.60% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On BWX Technologies

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of BWX Technologies in the 4th quarter valued at approximately $9,754,000. Massachusetts Financial Services Co. MA raised its position in BWX Technologies by 18.7% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,375,740 shares of the technology company’s stock valued at $237,783,000 after acquiring an additional 216,707 shares in the last quarter. MGO One Seven LLC lifted its stake in BWX Technologies by 354.7% in the fourth quarter. MGO One Seven LLC now owns 17,695 shares of the technology company’s stock valued at $3,058,000 after acquiring an additional 13,803 shares during the last quarter. Intech Investment Management LLC lifted its stake in BWX Technologies by 22.7% in the fourth quarter. Intech Investment Management LLC now owns 32,668 shares of the technology company’s stock valued at $5,646,000 after acquiring an additional 6,053 shares during the last quarter. Finally, Oak Thistle LLC grew its position in BWX Technologies by 266.3% in the fourth quarter. Oak Thistle LLC now owns 6,836 shares of the technology company’s stock worth $1,182,000 after acquiring an additional 4,970 shares in the last quarter. 94.39% of the stock is currently owned by hedge funds and other institutional investors.

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.