Global Retirement Partners LLC bought a new position in BWX Technologies, Inc. (NYSE:BWXT – Free Report) in the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 3,157 shares of the technology company’s stock, valued at approximately $615,000.
A number of other large investors also recently made changes to their positions in BWXT. WFA of San Diego LLC acquired a new stake in shares of BWX Technologies during the second quarter worth $29,000. MV Capital Management Inc. acquired a new position in BWX Technologies in the fourth quarter valued at $32,000. Tucker Asset Management LLC acquired a new position in BWX Technologies in the fourth quarter valued at $36,000. Vermillion Wealth Management Inc. lifted its position in BWX Technologies by 71.7% during the fourth quarter. Vermillion Wealth Management Inc. now owns 237 shares of the technology company’s stock worth $41,000 after buying an additional 99 shares during the period. Finally, Smithfield Trust Co lifted its position in BWX Technologies by 52.1% during the fourth quarter. Smithfield Trust Co now owns 251 shares of the technology company’s stock worth $44,000 after buying an additional 86 shares during the period. Hedge funds and other institutional investors own 94.39% of the company’s stock.
Insider Buying and Selling
In related news, CEO Rex D. Geveden sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $172.50, for a total value of $1,725,000.00. Following the transaction, the chief executive officer owned 192,491 shares in the company, valued at approximately $33,204,697.50. This trade represents a 4.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible 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.
BWX Technologies Price Performance
BWX Technologies (NYSE:BWXT – Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The technology company reported $1.07 EPS for the quarter, topping analysts’ consensus estimates of $1.04 by $0.03. The company had revenue of $901.62 million for the quarter, compared to the consensus estimate of $902.41 million. BWX Technologies had a return on equity of 30.83% and a net margin of 10.11%.The company’s quarterly revenue was up 18.0% compared to the same quarter last year. During the same period last year, the business posted $1.02 EPS. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. As a group, research analysts anticipate that BWX Technologies, Inc. will post 4.75 earnings per share for the current year.
BWX Technologies Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Tuesday, August 18th will be given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Tuesday, August 18th. BWX Technologies’s dividend payout ratio is 27.98%.
Analysts Set New Price Targets
Several analysts have commented on BWXT shares. Zacks Research cut BWX Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. Seaport Research Partners upgraded shares of BWX Technologies from a “neutral” rating to a “buy” rating and set a $245.00 price objective on the stock in a report on Monday, June 22nd. BTIG Research reissued a “buy” rating and issued a $235.00 target price on shares of BWX Technologies in a research report on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft upgraded shares of BWX Technologies from a “hold” rating to a “buy” rating and boosted their target price for the company from $205.00 to $255.00 in a report on Friday, May 15th. Finally, Wall Street Zen lowered shares of BWX Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $227.20.
Get Our Latest Research Report on BWX Technologies
BWX Technologies Company Profile
BWX Technologies, Inc (NYSE: BWXT) is a specialized supplier of nuclear components and services, primarily serving the U.S. government and commercial markets. The company’s core expertise lies in the design, fabrication and servicing of nuclear propulsion systems for the U.S. Navy, where it supports the maintenance and overhaul of naval nuclear reactors. In addition to defense applications, BWXT develops small modular reactors (SMRs), nuclear fuel and related technologies for non‐defense power generation, offering scalable solutions to meet evolving energy and industrial demands.
Beyond propulsion and power systems, BWXT is a leading producer of medical radioisotopes used in diagnostic imaging and cancer treatment.
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