BWX Technologies (NYSE:BWXT – Get Free Report) had its price target decreased by analysts at JPMorgan Chase & Co. from $230.00 to $190.00 in a report released on Tuesday, Benzinga reports. The brokerage currently has an “overweight” rating on the technology company’s stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 36.50% from the company’s current price.
A number of other equities analysts also recently commented on BWXT. Northland Securities cut their price objective on BWX Technologies from $250.00 to $220.00 and set an “outperform” rating on the stock in a report on Wednesday, September 30th. Jefferies Financial Group began coverage on BWX Technologies in a research note on Thursday, September 3rd. They issued a “buy” rating and a $181.00 price objective on the stock. BNP Paribas Exane decreased their target price on BWX Technologies from $190.00 to $165.00 and set a “neutral” rating for the company in a report on Thursday, September 24th. Wall Street Zen downgraded shares of BWX Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. 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 report on Monday, June 22nd. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, BWX Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $205.00.
Check Out Our Latest Stock Analysis on BWXT
BWX Technologies Trading Down 0.5%
BWX Technologies (NYSE:BWXT – Get Free Report) last issued its quarterly earnings results on Monday, August 3rd. The technology company reported $1.07 EPS for the quarter, topping the consensus estimate of $1.04 by $0.03. BWX Technologies had a net margin of 10.11% and a return on equity of 30.83%. The firm had revenue of $901.62 million during the quarter, compared to analyst estimates of $902.41 million. During the same quarter in the prior year, the business posted $1.02 earnings per share. BWX Technologies’s revenue for the quarter 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. Sell-side analysts forecast that BWX Technologies will post 4.75 earnings per share for the current year.
Insiders Place Their Bets
In related 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 transaction of $1,725,000.00. Following the completion of the sale, the chief executive officer directly owned 192,491 shares of the company’s stock, valued at approximately $33,204,697.50. This represents a 4.94% decrease in their position. The sale was disclosed in a document filed 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. Company insiders own 0.60% of the company’s stock.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the stock. Transamerica Financial Advisors LLC acquired a new stake in shares of BWX Technologies in the second quarter valued at about $26,000. Security National Bank of SO Dak purchased a new stake in shares of BWX Technologies during the 2nd quarter valued at about $29,000. MV Capital Management Inc. purchased a new stake in shares of BWX Technologies during the 4th quarter valued at about $32,000. Stonehage Fleming Financial Services Holdings Ltd purchased a new stake in shares of BWX Technologies during the 2nd quarter valued at about $40,000. Finally, Ancora Advisors LLC acquired a new position in BWX Technologies during the 2nd quarter worth approximately $47,000. 94.39% of the stock is owned by hedge funds and other institutional investors.
About BWX Technologies
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.
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