Pecaut & CO. Takes Position in BWX Technologies, Inc. $BWXT

Pecaut & CO. purchased a new position in shares of BWX Technologies, Inc. (NYSE:BWXT) in the 2nd quarter, HoldingsChannel.com reports. The firm purchased 7,935 shares of the technology company’s stock, valued at approximately $1,545,000.

A number of other hedge funds also recently modified their holdings of BWXT. Invesco Ltd. raised its stake in shares of BWX Technologies by 60.1% in the third quarter. Invesco Ltd. now owns 2,549,150 shares of the technology company’s stock valued at $469,987,000 after buying an additional 956,770 shares during the period. Select Equity Group L.P. bought a new position in shares of BWX Technologies during the 2nd quarter worth $68,902,000. Orion Porfolio Solutions LLC increased its holdings in BWX Technologies by 1,353.1% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 363,757 shares of the technology company’s stock worth $52,403,000 after acquiring an additional 338,723 shares during the last quarter. Orbis Allan Gray Ltd purchased a new stake in BWX Technologies in the 2nd quarter worth about $42,504,000. Finally, Blair William & Co. IL raised its stake in BWX Technologies by 20.9% in the 4th quarter. Blair William & Co. IL now owns 1,439,666 shares of the technology company’s stock valued at $248,832,000 after acquiring an additional 248,598 shares during the period. Institutional investors own 94.39% of the company’s stock.

Insider Activity at BWX Technologies

In other news, CEO Rex D. Geveden sold 10,000 shares of the company’s stock in a transaction on 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 of the company’s stock, valued at approximately $33,204,697.50. This represents a 4.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is owned by company insiders.

BWX Technologies Trading Up 1.6%

Shares of BWX Technologies stock opened at $173.14 on Friday. The company’s 50-day moving average price is $183.41 and its 200-day moving average price is $199.07. The company has a current ratio of 2.40, a quick ratio of 2.33 and a debt-to-equity ratio of 1.51. BWX Technologies, Inc. has a 12-month low of $157.10 and a 12-month high of $241.82. The company has a market cap of $15.86 billion, a price-to-earnings ratio of 44.86, a PEG ratio of 2.67 and a beta of 0.76.

BWX Technologies (NYSE:BWXT) last issued its quarterly earnings data on Monday, August 3rd. The technology company reported $1.07 EPS for the quarter, beating the consensus estimate 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 net margin of 10.11% and a return on equity of 30.83%. BWX Technologies’s revenue for the quarter was up 18.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.02 earnings per share. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. On average, equities analysts expect that BWX Technologies, Inc. will post 4.75 earnings per share for the current fiscal year.

BWX Technologies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Tuesday, August 18th will be given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Tuesday, August 18th. BWX Technologies’s payout ratio is 27.98%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Weiss Ratings raised shares of BWX Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday. Zacks Research lowered shares of BWX Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 11th. JPMorgan Chase & Co. assumed coverage on shares of BWX Technologies in a report on Monday, July 27th. They issued an “overweight” rating and a $230.00 price objective for the company. BTIG Research reiterated a “buy” rating and issued a $235.00 price objective on shares of BWX Technologies in a research note on Tuesday, August 4th. Finally, Truist Financial dropped their target price on BWX Technologies from $212.00 to $202.00 and set a “hold” rating on the stock in a research report on Friday. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $227.20.

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.