Shares of BWX Technologies, Inc. (NYSE:BWXT – Get Free Report) have been assigned a consensus rating of “Moderate Buy” from the sixteen research firms that are currently covering the company, Marketbeat.com reports. Five research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $205.00.
Several brokerages have issued reports on BWXT. Bank of America decreased their price target on shares of BWX Technologies from $250.00 to $210.00 and set a “buy” rating for the company in a research report on Wednesday, September 30th. Wall Street Zen cut shares of BWX Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Citigroup reissued an “outperform” rating on shares of BWX Technologies in a research note on Wednesday, September 30th. BNP Paribas Exane decreased their price objective on BWX Technologies from $190.00 to $165.00 and set a “neutral” rating for the company in a report on Thursday, September 24th. Finally, Northland Securities lowered their target price on BWX Technologies from $250.00 to $220.00 and set an “outperform” rating for the company in a research report on Wednesday, September 30th.
Get Our Latest Research Report on BWX Technologies
BWX Technologies Trading Up 0.6%
BWX Technologies (NYSE:BWXT – Get Free Report) last issued its earnings results on Monday, August 3rd. The technology company reported $1.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.04 by $0.03. The business had revenue of $901.62 million during the quarter, compared to analysts’ expectations of $902.41 million. BWX Technologies had a return on equity of 30.83% and a net margin of 10.11%. The business’s revenue for the quarter was up 18.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.02 EPS. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. As a group, sell-side analysts predict that BWX Technologies will post 4.75 EPS for the current fiscal year.
BWX Technologies Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, August 18th were paid a $0.27 dividend. The ex-dividend date of this dividend was Tuesday, August 18th. This represents a $1.08 annualized dividend and a dividend yield of 0.8%. BWX Technologies’s dividend payout ratio is presently 27.98%.
Insider Buying and Selling at BWX Technologies
In other news, CEO Rex D. Geveden sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $172.50, for a total transaction of $1,725,000.00. Following the completion of the transaction, the chief executive officer directly owned 192,491 shares in the company, valued at $33,204,697.50. This trade represents a 4.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.60% of the company’s stock.
Institutional Trading of BWX Technologies
Institutional investors have recently added to or reduced their stakes in the stock. Kurv Investment Management LLC raised its stake in BWX Technologies by 25.9% in the third quarter. Kurv Investment Management LLC now owns 14,706 shares of the technology company’s stock valued at $2,015,000 after purchasing an additional 3,021 shares in the last quarter. State of Wyoming lifted its position in BWX Technologies by 8.2% during the third quarter. State of Wyoming now owns 3,697 shares of the technology company’s stock valued at $506,000 after purchasing an additional 281 shares during the last quarter. D.A. Davidson & CO. lifted its position in BWX Technologies by 128.5% during the third quarter. D.A. Davidson & CO. now owns 2,786 shares of the technology company’s stock valued at $382,000 after purchasing an additional 1,567 shares during the last quarter. BOKF NA lifted its position in BWX Technologies by 10.0% during the third quarter. BOKF NA now owns 22,090 shares of the technology company’s stock valued at $3,026,000 after purchasing an additional 2,000 shares during the last quarter. Finally, Segra Capital Management LLC purchased a new position in BWX Technologies in the 3rd quarter worth approximately $48,654,000. 94.39% of the stock is currently owned by institutional investors.
BWX Technologies Company Profile
BWX Technologies, Inc (NYSE: BWXT) is a specialty manufacturer and services provider focused on nuclear technology. The company designs and manufactures nuclear reactors, reactor components, nuclear fuel and related equipment, with a major emphasis on highly engineered systems used in naval and commercial applications.
BWXT is a key supplier to the U.S. government, supporting the U.S. Navy’s nuclear-powered aircraft carriers and submarines through reactor design, component manufacturing, fuel production, maintenance and life-cycle services.
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