13,312 BWX Technologies, Inc. $BWXT Shares Acquired by Vest Financial LLC

Vest Financial LLC increased its position in shares of BWX Technologies, Inc. (NYSE:BWXT) by 138.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 22,895 shares of the technology company’s stock after acquiring an additional 13,312 shares during the quarter. Vest Financial LLC’s holdings in BWX Technologies were worth $3,137,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of BWXT. BlackRock Inc. purchased a new stake in BWX Technologies in the 2nd quarter worth approximately $2,359,895,000. First Trust Advisors LP lifted its stake in shares of BWX Technologies by 12.2% during the 1st quarter. First Trust Advisors LP now owns 1,391,079 shares of the technology company’s stock worth $284,462,000 after purchasing an additional 151,580 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of BWX Technologies by 8.4% during the 1st quarter. Bank of New York Mellon Corp now owns 1,283,997 shares of the technology company’s stock worth $262,565,000 after purchasing an additional 99,053 shares during the period. Bank of America Corp DE lifted its stake in shares of BWX Technologies by 5.5% during the 1st quarter. Bank of America Corp DE now owns 1,005,621 shares of the technology company’s stock worth $205,639,000 after purchasing an additional 52,413 shares during the period. Finally, William Blair Investment Management LLC acquired a new stake in shares of BWX Technologies during the second quarter worth $183,211,000. 94.39% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently commented on BWXT. Guggenheim reiterated a “buy” rating and issued a $192.00 target price on shares of BWX Technologies in a research note on Wednesday, September 30th. Weiss Ratings lowered BWX Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, August 26th. JPMorgan Chase & Co. decreased their price target on BWX Technologies from $230.00 to $190.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 13th. Truist Financial lowered their price target on BWX Technologies from $202.00 to $182.00 and set a “hold” rating for the company in a report on Tuesday, October 6th. Finally, Wells Fargo & Company raised shares of BWX Technologies from an “underweight” rating to an “equal weight” rating and dropped their price objective for the company from $200.00 to $170.00 in a research note on Thursday, August 27th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, BWX Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $205.00.

BWX Technologies Trading Down 0.0%

BWXT stock opened at $127.27 on Friday. The company has a quick ratio of 2.33, a current ratio of 2.40 and a debt-to-equity ratio of 1.51. The company has a market cap of $11.66 billion, a price-to-earnings ratio of 32.97, a PEG ratio of 1.80 and a beta of 0.74. The business has a fifty day simple moving average of $146.42 and a 200-day simple moving average of $178.94. BWX Technologies, Inc. has a 52 week low of $123.05 and a 52 week high of $241.82.

BWX Technologies (NYSE:BWXT) last issued its earnings results on Monday, August 3rd. The technology company reported $1.07 earnings per share for the quarter, beating analysts’ consensus estimates of $1.04 by $0.03. The firm had revenue of $901.62 million for 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 firm’s revenue for the quarter was up 18.0% compared to the same quarter last year. During the same quarter last year, the firm earned $1.02 earnings per share. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. On average, equities research analysts expect that BWX Technologies, Inc. will post 4.75 EPS for the current year.

BWX Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, August 18th were paid a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Tuesday, August 18th. BWX Technologies’s payout ratio is currently 27.98%.

Insider Activity

In other news, CEO Rex D. Geveden sold 10,000 shares of the business’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 sale, the chief executive officer owned 192,491 shares in the company, valued at approximately $33,204,697.50. The trade was a 4.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.60% of the company’s stock.

About BWX Technologies

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.