BWX Technologies, Inc. (NYSE:BWXT) Sees Significant Increase in Short Interest

BWX Technologies, Inc. (NYSE:BWXT) saw a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 2,832,475 shares, a growth of 20.5% from the February 26th total of 2,350,109 shares. Approximately 3.1% of the company’s shares are sold short. Based on an average daily volume of 1,025,964 shares, the days-to-cover ratio is currently 2.8 days.

BWX Technologies Trading Up 5.4%

Shares of BWXT traded up $11.06 during midday trading on Wednesday, hitting $215.55. 557,543 shares of the stock were exchanged, compared to its average volume of 1,048,477. BWX Technologies has a 52-week low of $84.21 and a 52-week high of $222.29. The company has a debt-to-equity ratio of 1.64, a quick ratio of 2.25 and a current ratio of 2.32. The stock has a fifty day simple moving average of $203.59 and a 200 day simple moving average of $193.44. The firm has a market cap of $19.75 billion, a P/E ratio of 60.38, a P/E/G ratio of 3.31 and a beta of 0.83.

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

BWX Technologies Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Wednesday, March 11th were given a dividend of $0.27 per share. This is a boost from BWX Technologies’s previous quarterly dividend of $0.25. This represents a $1.08 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Wednesday, March 11th. BWX Technologies’s dividend payout ratio is currently 30.25%.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. TD Cowen assumed coverage on BWX Technologies in a research report on Thursday, March 12th. They issued a “buy” rating and a $230.00 target price on the stock. BNP Paribas Exane started coverage on BWX Technologies in a research report on Thursday, January 15th. They set a “neutral” rating and a $215.00 price objective for the company. CJS Securities upgraded shares of BWX Technologies to a “strong-buy” rating in a report on Friday, December 12th. Wells Fargo & Company initiated coverage on shares of BWX Technologies in a research report on Wednesday. They issued an “underweight” rating and a $200.00 target price on the stock. Finally, TD Securities began coverage on shares of BWX Technologies in a research note on Thursday, March 12th. They set a “buy” rating and a $230.00 target price for the company. Three research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $207.60.

Insider Activity

In other news, CEO Rex D. Geveden sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $203.26, for a total transaction of $2,032,600.00. Following the completion of the sale, the chief executive officer owned 177,594 shares in the company, valued at $36,097,756.44. This trade represents a 5.33% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Kevin James Gorman sold 1,344 shares of BWX Technologies stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $214.71, for a total transaction of $288,570.24. Following the sale, the chief accounting officer directly owned 114 shares in the company, valued at approximately $24,476.94. The trade was a 92.18% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 13,327 shares of company stock valued at $2,734,844 in the last 90 days. Company insiders own 0.60% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Wedbush Securities Inc. boosted its position in BWX Technologies by 4.3% during the 4th quarter. Wedbush Securities Inc. now owns 1,263 shares of the technology company’s stock worth $218,000 after purchasing an additional 52 shares during the period. Oppenheimer Asset Management Inc. raised its position in BWX Technologies by 1.0% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 5,448 shares of the technology company’s stock valued at $942,000 after purchasing an additional 54 shares during the period. Guggenheim Capital LLC lifted its stake in shares of BWX Technologies by 2.2% during the fourth quarter. Guggenheim Capital LLC now owns 2,598 shares of the technology company’s stock worth $449,000 after purchasing an additional 55 shares in the last quarter. Stratos Wealth Partners LTD. lifted its stake in shares of BWX Technologies by 3.5% during the fourth quarter. Stratos Wealth Partners LTD. now owns 1,979 shares of the technology company’s stock worth $342,000 after purchasing an additional 67 shares in the last quarter. Finally, Corient Private Wealth LLC boosted its position in shares of BWX Technologies by 1.2% in the second quarter. Corient Private Wealth LLC now owns 5,880 shares of the technology company’s stock worth $847,000 after buying an additional 69 shares during the period. Institutional investors and hedge funds own 94.39% of the company’s stock.

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.