10,435 Shares in BWX Technologies, Inc. $BWXT Bought by Radnor Capital Management LLC

Radnor Capital Management LLC purchased a new position in shares of BWX Technologies, Inc. (NYSE:BWXT) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 10,435 shares of the technology company’s stock, valued at approximately $1,503,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Ameriflex Group Inc. purchased a new stake in BWX Technologies during the 4th quarter worth $34,000. Stone House Investment Management LLC purchased a new stake in BWX Technologies during the 1st quarter worth $31,000. Compass Financial Services Inc purchased a new stake in BWX Technologies during the 1st quarter worth $33,000. MassMutual Private Wealth & Trust FSB boosted its position in BWX Technologies by 200.0% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 354 shares of the technology company’s stock worth $35,000 after purchasing an additional 236 shares during the period. Finally, Vermillion Wealth Management Inc. purchased a new stake in BWX Technologies during the 4th quarter worth $40,000. 94.39% of the stock is owned by hedge funds and other institutional investors.

BWX Technologies Stock Performance

NYSE:BWXT opened at $177.00 on Wednesday. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.69 and a quick ratio of 1.60. The firm has a 50-day moving average of $159.66 and a two-hundred day moving average of $130.21. The stock has a market cap of $16.18 billion, a P/E ratio of 55.31, a PEG ratio of 3.95 and a beta of 0.75. BWX Technologies, Inc. has a 1-year low of $84.21 and a 1-year high of $189.25.

BWX Technologies (NYSE:BWXT) last issued its quarterly earnings results on Monday, August 4th. The technology company reported $1.02 EPS for the quarter, topping the consensus estimate of $0.79 by $0.23. BWX Technologies had a net margin of 10.28% and a return on equity of 30.61%. The business had revenue of $764.00 million for the quarter, compared to analysts’ expectations of $708.00 million. During the same quarter last year, the company posted $0.82 earnings per share. The company’s quarterly revenue was up 12.1% compared to the same quarter last year. BWX Technologies has set its FY 2025 guidance at 3.650-3.750 EPS. On average, research analysts expect that BWX Technologies, Inc. will post 3.23 earnings per share for the current fiscal year.

BWX Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 5th. Stockholders of record on Monday, August 18th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, August 18th. This represents a $1.00 annualized dividend and a dividend yield of 0.6%. BWX Technologies’s dividend payout ratio (DPR) is presently 31.25%.

Insider Activity at BWX Technologies

In other news, SVP Omar Fathi Meguid sold 2,261 shares of the stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $179.84, for a total transaction of $406,618.24. Following the transaction, the senior vice president owned 2,361 shares of the company’s stock, valued at approximately $424,602.24. This trade represents a 48.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Rex D. Geveden sold 25,000 shares of the stock in a transaction dated Wednesday, August 6th. The stock was sold at an average price of $179.00, for a total transaction of $4,475,000.00. Following the transaction, the chief executive officer directly owned 197,594 shares in the company, valued at $35,369,326. The trade was a 11.23% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 29,953 shares of company stock worth $5,359,758. 0.47% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

BWXT has been the subject of a number of research reports. Maxim Group reaffirmed a “hold” rating on shares of BWX Technologies in a research report on Wednesday, August 6th. Truist Financial set a $145.00 price objective on shares of BWX Technologies and gave the company a “hold” rating in a research report on Tuesday, August 5th. Northland Securities began coverage on shares of BWX Technologies in a research report on Wednesday, September 10th. They issued an “outperform” rating and a $205.00 price objective for the company. Bank of America upped their price objective on shares of BWX Technologies from $155.00 to $220.00 and gave the company a “buy” rating in a research report on Wednesday, August 13th. Finally, William Blair reissued an “outperform” rating on shares of BWX Technologies in a research report on Wednesday, June 18th. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $160.83.

About BWX Technologies

BWX Technologies, Inc, together with its subsidiaries, manufactures and sells nuclear components in the United States, Canada, and internationally. It operates through two segments, Government Operations and Commercial Operations. The Government Operations segment designs and manufactures naval nuclear components, reactors, and nuclear fuel; fabrication activities; and supplies proprietary and sole-source valves, manifolds, and fittings to naval and commercial shipping customers.