Kirr Marbach & Co. LLC IN decreased its position in BWX Technologies Inc (NYSE:BWXT) by 69.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 97,002 shares of the technology company’s stock after selling 217,611 shares during the period. Kirr Marbach & Co. LLC IN owned approximately 0.10% of BWX Technologies worth $4,617,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of BWXT. Public Employees Retirement Association of Colorado increased its position in BWX Technologies by 0.4% in the third quarter. Public Employees Retirement Association of Colorado now owns 3,006 shares of the technology company’s stock valued at $115,000 after buying an additional 12 shares during the last quarter. M&T Bank Corp increased its position in BWX Technologies by 1.2% in the third quarter. M&T Bank Corp now owns 6,716 shares of the technology company’s stock valued at $259,000 after buying an additional 77 shares during the last quarter. Suntrust Banks Inc. increased its position in BWX Technologies by 0.6% in the third quarter. Suntrust Banks Inc. now owns 25,053 shares of the technology company’s stock valued at $960,000 after buying an additional 141 shares during the last quarter. PNC Financial Services Group Inc. increased its position in BWX Technologies by 3.0% in the third quarter. PNC Financial Services Group Inc. now owns 4,974 shares of the technology company’s stock valued at $190,000 after buying an additional 145 shares during the last quarter. Finally, Schafer Cullen Capital Management Inc. increased its position in BWX Technologies by 11.4% in the third quarter. Schafer Cullen Capital Management Inc. now owns 6,401 shares of the technology company’s stock valued at $246,000 after buying an additional 656 shares during the last quarter. 98.19% of the stock is owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for BWX Technologies (NYSE:BWXT)

BWX Technologies Inc (NYSE:BWXT) traded up 1.46% during trading on Thursday, reaching $48.72. The company’s stock had a trading volume of 486,056 shares. The firm has a market capitalization of $4.85 billion, a P/E ratio of 27.68 and a beta of 0.36. The firm has a 50-day moving average price of $47.44 and a 200-day moving average price of $41.83. BWX Technologies Inc has a 52 week low of $32.36 and a 52 week high of $49.11.

BWX Technologies (NYSE:BWXT) last announced its earnings results on Monday, February 27th. The technology company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.08. BWX Technologies had a net margin of 9.68% and a return on equity of 72.58%. The company had revenue of $403.86 million for the quarter, compared to the consensus estimate of $367.61 million. During the same period in the previous year, the business earned $0.38 EPS. The company’s revenue was up 11.0% on a year-over-year basis. On average, equities analysts anticipate that BWX Technologies Inc will post $1.94 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 29th. Shareholders of record on Friday, March 10th were paid a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 0.74%. The ex-dividend date of this dividend was Wednesday, March 8th. BWX Technologies’s dividend payout ratio (DPR) is currently 25.71%.

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Several research firms recently weighed in on BWXT. Zacks Investment Research raised BWX Technologies from a “hold” rating to a “buy” rating and set a $52.00 price objective for the company in a research note on Tuesday, March 21st. TheStreet raised BWX Technologies from a “c+” rating to a “b” rating in a research note on Tuesday, March 21st. SunTrust Banks, Inc. began coverage on BWX Technologies in a research note on Thursday, January 19th. They issued a “buy” rating and a $46.00 price objective for the company. Finally, Bank of America Corp raised BWX Technologies from a “neutral” rating to a “buy” rating and raised their price target for the stock from $43.00 to $55.00 in a research report on Tuesday, March 21st. Four research analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy” and an average target price of $49.00.

In other news, Director Harbour Group L.P. Blue sold 5,273,159 shares of the business’s stock in a transaction on Tuesday, March 7th. The shares were sold at an average price of $45.67, for a total transaction of $240,825,171.53. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Rex D. Geveden purchased 2,000 shares of the stock in a transaction dated Thursday, March 9th. The shares were bought at an average price of $45.74 per share, for a total transaction of $91,480.00. Following the completion of the acquisition, the insider now owns 10,139 shares in the company, valued at $463,757.86. The disclosure for this purchase can be found here. 0.86% of the stock is owned by insiders.

About BWX Technologies

BWX Technologies, Inc is a manufacturer of nuclear components and a service provider. The Company’s businesses focus on the design, engineering and manufacture of precision naval nuclear components, reactors and nuclear fuel for the United States Government. Its segments include Nuclear Operations, Technical Services, Nuclear Energy and Other.

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