Jones Financial Companies Lllp Boosts Position in BWX Technologies, Inc. $BWXT

Jones Financial Companies Lllp raised its stake in BWX Technologies, Inc. (NYSE:BWXT) by 66.7% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 7,050 shares of the technology company’s stock after buying an additional 2,822 shares during the period. Jones Financial Companies Lllp’s holdings in BWX Technologies were worth $1,274,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Goldman Sachs Group Inc. increased its position in shares of BWX Technologies by 0.3% during the first quarter. Goldman Sachs Group Inc. now owns 141,680 shares of the technology company’s stock worth $13,977,000 after acquiring an additional 371 shares during the period. Caxton Associates LLP bought a new position in BWX Technologies in the first quarter worth approximately $304,000. DAVENPORT & Co LLC bought a new position in BWX Technologies in the second quarter worth approximately $206,000. Concurrent Investment Advisors LLC increased its holdings in BWX Technologies by 8.5% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 6,925 shares of the technology company’s stock worth $998,000 after purchasing an additional 544 shares during the period. Finally, Vanguard Personalized Indexing Management LLC raised its position in BWX Technologies by 12.3% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 8,909 shares of the technology company’s stock valued at $1,283,000 after purchasing an additional 978 shares in the last quarter. 94.39% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

BWXT has been the topic of a number of recent research reports. CJS Securities raised BWX Technologies to a “strong-buy” rating in a research report on Friday, December 12th. Wall Street Zen raised shares of BWX Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. BNP Paribas Exane assumed coverage on shares of BWX Technologies in a research report on Thursday, January 15th. They set a “neutral” rating and a $215.00 target price on the stock. Truist Financial set a $205.00 price target on shares of BWX Technologies in a report on Friday, January 9th. Finally, Weiss Ratings downgraded shares of BWX Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 26th. Three research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, BWX Technologies has a consensus rating of “Moderate Buy” and an average target price of $199.20.

BWX Technologies Stock Performance

Shares of BWX Technologies stock opened at $199.44 on Wednesday. The company has a market capitalization of $18.23 billion, a PE ratio of 59.89, a P/E/G ratio of 3.26 and a beta of 0.84. The company has a 50-day simple moving average of $191.36 and a two-hundred day simple moving average of $184.22. BWX Technologies, Inc. has a one year low of $84.21 and a one year high of $220.57. The company has a debt-to-equity ratio of 1.21, a quick ratio of 1.62 and a current ratio of 1.71.

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.