JPMorgan Chase & Co. Raises Stake in BWX Technologies, Inc. $BWXT

JPMorgan Chase & Co. boosted its stake in shares of BWX Technologies, Inc. (NYSE:BWXT) by 32.9% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 339,939 shares of the technology company’s stock after buying an additional 84,085 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.37% of BWX Technologies worth $62,675,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Global Trust Asset Management LLC bought a new position in shares of BWX Technologies during the 3rd quarter valued at approximately $32,000. WFA of San Diego LLC bought a new stake in shares of BWX Technologies in the 2nd quarter worth approximately $29,000. Quent Capital LLC purchased a new position in BWX Technologies in the third quarter valued at approximately $43,000. Ancora Advisors LLC purchased a new position in BWX Technologies in the third quarter valued at approximately $49,000. Finally, Root Financial Partners LLC bought a new position in BWX Technologies during the third quarter valued at $51,000. Institutional investors own 94.39% of the company’s stock.

Insider Buying and Selling at BWX Technologies

In other BWX Technologies news, Director Gerhard F. Burbach sold 1,983 shares of BWX Technologies stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $208.61, for a total transaction of $413,673.63. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Rex D. Geveden sold 10,000 shares of the company’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $203.26, for a total value of $2,032,600.00. Following the sale, the chief executive officer owned 177,594 shares in the company, valued at approximately $36,097,756.44. This represents a 5.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 13,327 shares of company stock valued at $2,734,844 in the last quarter. 0.47% of the stock is currently owned by corporate insiders.

BWX Technologies Trading Up 0.5%

NYSE:BWXT opened at $210.02 on Friday. The company has a market cap of $19.20 billion, a P/E ratio of 58.83, a P/E/G ratio of 3.41 and a beta of 0.83. The stock’s fifty day moving average price is $204.44 and its two-hundred day moving average price is $190.78. BWX Technologies, Inc. has a 1 year low of $84.21 and a 1 year high of $220.57. The company has a debt-to-equity ratio of 1.64, a current ratio of 2.32 and a quick ratio of 2.25.

BWX Technologies (NYSE:BWXT) last announced its quarterly earnings results on Monday, February 23rd. The technology company reported $1.08 earnings per share for the quarter, beating the consensus estimate of $0.91 by $0.17. The company had revenue of $885.84 million during the quarter, compared to analysts’ expectations of $837.47 million. BWX Technologies had a return on equity of 30.94% and a net margin of 10.28%.The firm’s quarterly revenue was up 18.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.92 earnings per share. BWX Technologies has set its FY 2026 guidance at 4.550-4.700 EPS. As a group, analysts expect that BWX Technologies, Inc. will post 3.23 EPS for the current year.

BWX Technologies Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Wednesday, March 11th will be paid a $0.27 dividend. The ex-dividend date is Wednesday, March 11th. This represents a $1.08 annualized dividend and a yield of 0.5%. This is an increase from BWX Technologies’s previous quarterly dividend of $0.25. BWX Technologies’s dividend payout ratio is 30.25%.

Wall Street Analysts Forecast Growth

BWXT has been the subject of a number of recent research reports. BTIG Research raised their target price on BWX Technologies from $225.00 to $235.00 and gave the stock a “buy” rating in a research report on Thursday, February 26th. TD Securities assumed coverage on BWX Technologies in a research note on Thursday, March 12th. They set a “buy” rating and a $230.00 price target for the company. CJS Securities raised BWX Technologies to a “strong-buy” rating in a report on Friday, December 12th. Wall Street Zen cut BWX Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Finally, Zacks Research raised shares of BWX Technologies from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 21st. Three equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, BWX Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $206.36.

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.