Inspire Investing LLC grew its stake in BWX Technologies, Inc. (NYSE:BWXT – Free Report) by 10.3% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 42,597 shares of the technology company’s stock after purchasing an additional 3,974 shares during the quarter. Inspire Investing LLC’s holdings in BWX Technologies were worth $5,836,000 at the end of the most recent reporting period.
A number of other large investors also recently modified their holdings of BWXT. Transamerica Financial Advisors LLC bought a new stake in BWX Technologies during the second quarter worth $26,000. Security National Bank of SO Dak purchased a new stake in BWX Technologies in the 2nd quarter valued at $29,000. Byrne Asset Management LLC bought a new position in BWX Technologies during the 3rd quarter valued at $34,000. Stonehage Fleming Financial Services Holdings Ltd bought a new position in BWX Technologies during the 2nd quarter valued at $40,000. Finally, Root Financial Partners LLC purchased a new position in BWX Technologies during the 3rd quarter worth $40,000. Institutional investors own 94.39% of the company’s stock.
BWX Technologies Stock Down 0.0%
BWXT stock opened at $127.27 on Friday. The stock has a market cap of $11.66 billion, a P/E ratio of 32.97, a P/E/G ratio of 1.80 and a beta of 0.74. The company has a current ratio of 2.40, a quick ratio of 2.33 and a debt-to-equity ratio of 1.51. The stock’s fifty day simple moving average is $146.42 and its two-hundred day simple moving average is $178.94. BWX Technologies, Inc. has a 1-year low of $123.05 and a 1-year high of $241.82.
BWX Technologies (NYSE:BWXT – Get Free Report) last announced its earnings results on Monday, August 3rd. The technology company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.04 by $0.03. The firm had revenue of $901.62 million during the quarter, compared to analyst estimates of $902.41 million. BWX Technologies had a return on equity of 30.83% and a net margin of 10.11%. The business’s revenue was up 18.0% compared to the same quarter last year. During the same period last year, the firm posted $1.02 EPS. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. Analysts expect that BWX Technologies, Inc. will post 4.75 EPS for the current year.
BWX Technologies Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, August 18th were issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Tuesday, August 18th. BWX Technologies’s dividend payout ratio (DPR) is 27.98%.
Insider Transactions at BWX Technologies
In other BWX Technologies news, CEO Rex D. Geveden sold 10,000 shares of BWX Technologies stock in a transaction dated 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 sale, the chief executive officer owned 192,491 shares of the company’s stock, valued at approximately $33,204,697.50. The trade was a 4.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.60% of the company’s stock.
Wall Street Analysts Forecast Growth
Several analysts have recently issued reports on the stock. Jefferies Financial Group started coverage on shares of BWX Technologies in a research note on Thursday, September 3rd. They issued a “buy” rating and a $181.00 target price for the company. JPMorgan Chase & Co. dropped their price target on shares of BWX Technologies from $230.00 to $190.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 13th. Northland Securities dropped their price target on shares of BWX Technologies from $250.00 to $220.00 and set an “outperform” rating on the stock in a research report on Wednesday, September 30th. Citigroup restated an “outperform” rating on shares of BWX Technologies in a report on Wednesday, September 30th. Finally, Bank of America reduced their price objective on shares of BWX Technologies from $250.00 to $210.00 and set a “buy” rating for the company in a research report on Wednesday, September 30th. 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 company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $205.00.
Get Our Latest Research Report on BWX Technologies
BWX Technologies Profile
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.
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