13,207 Shares in BWX Technologies, Inc. $BWXT Purchased by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC acquired a new position in shares of BWX Technologies, Inc. (NYSE:BWXT) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 13,207 shares of the technology company’s stock, valued at approximately $1,903,000.

A number of other institutional investors and hedge funds have also made changes to their positions in BWXT. Creative Financial Designs Inc. ADV grew its stake in shares of BWX Technologies by 250.0% in the 2nd quarter. Creative Financial Designs Inc. ADV now owns 175 shares of the technology company’s stock worth $25,000 after buying an additional 125 shares during the last quarter. Hantz Financial Services Inc. raised its stake in BWX Technologies by 861.9% during the second quarter. Hantz Financial Services Inc. now owns 202 shares of the technology company’s stock valued at $29,000 after buying an additional 181 shares during the last quarter. Stone House Investment Management LLC bought a new stake in BWX Technologies in the first quarter worth $31,000. Compass Financial Services Inc purchased a new stake in shares of BWX Technologies in the first quarter worth $33,000. Finally, HHM Wealth Advisors LLC increased its holdings in shares of BWX Technologies by 34.5% during the first quarter. HHM Wealth Advisors LLC now owns 390 shares of the technology company’s stock valued at $38,000 after acquiring an additional 100 shares in the last quarter. Institutional investors own 94.39% of the company’s stock.

BWX Technologies Price Performance

Shares of NYSE:BWXT opened at $195.70 on Wednesday. The company has a quick ratio of 1.60, a current ratio of 1.69 and a debt-to-equity ratio of 1.28. The stock has a market capitalization of $17.89 billion, a PE ratio of 61.16, a price-to-earnings-growth ratio of 4.24 and a beta of 0.78. The firm’s 50 day moving average price is $188.82 and its 200-day moving average price is $157.02. BWX Technologies, Inc. has a twelve month low of $84.21 and a twelve month high of $218.50.

BWX Technologies (NYSE:BWXT) last announced its earnings results on Monday, November 3rd. The technology company reported $1.00 EPS for the quarter, beating analysts’ consensus estimates of $0.85 by $0.15. BWX Technologies had a net margin of 10.28% and a return on equity of 30.61%. The business had revenue of $866.29 million during the quarter, compared to analysts’ expectations of $795.48 million. During the same period in the prior year, the company earned $0.83 earnings per share. The firm’s revenue was up 28.9% on a year-over-year basis. BWX Technologies has set its FY 2025 guidance at 3.750-3.800 EPS. Equities research analysts expect that BWX Technologies, Inc. will post 3.23 EPS for the current year.

BWX Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Wednesday, November 19th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Wednesday, November 19th. BWX Technologies’s dividend payout ratio (DPR) is currently 30.03%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. Bank of America raised their price objective on shares of BWX Technologies from $155.00 to $220.00 and gave the company a “buy” rating in a research note on Wednesday, August 13th. Deutsche Bank Aktiengesellschaft set a $180.00 price target on shares of BWX Technologies and gave the company a “hold” rating in a research report on Wednesday, October 8th. Wall Street Zen raised BWX Technologies from a “hold” rating to a “buy” rating in a research report on Saturday. William Blair restated an “outperform” rating on shares of BWX Technologies in a research note on Wednesday, September 17th. Finally, Truist Financial upped their price target on BWX Technologies from $173.00 to $200.00 and gave the company a “hold” rating in a report on Tuesday, November 4th. Three analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $183.58.

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.