BWX Technologies (NYSE:BWXT – Get Free Report) was upgraded by Wells Fargo & Company to a “strong sell” rating in a note issued to investors on Tuesday,Zacks.com reports.
A number of other research firms have also issued reports on BWXT. TD Cowen started coverage on BWX Technologies in a research note on Thursday, March 12th. They issued a “buy” rating and a $230.00 target price on the stock. Truist Financial set a $205.00 price target on BWX Technologies in a report on Friday, January 9th. Bank of America upped their price objective on BWX Technologies from $230.00 to $250.00 and gave the company a “buy” rating in a research report on Wednesday, March 25th. Zacks Research raised BWX Technologies from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 21st. Finally, BNP Paribas Exane assumed coverage on shares of BWX Technologies in a research note on Thursday, January 15th. They issued a “neutral” rating and a $215.00 target price for the company. Three research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, BWX Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $207.60.
Read Our Latest Research Report on BWX Technologies
BWX Technologies Stock Performance
BWX Technologies (NYSE:BWXT – Get Free Report) last announced its quarterly earnings results 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. The company had revenue of $885.84 million for the quarter, compared to the consensus estimate of $837.47 million. BWX Technologies had a net margin of 10.28% and a return on equity of 30.94%. The company’s revenue for the quarter was up 18.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.92 earnings per share. BWX Technologies has set its FY 2026 guidance at 4.550-4.700 EPS. As a group, research analysts expect that BWX Technologies will post 3.23 earnings per share for the current fiscal year.
Insider Transactions at BWX Technologies
In other BWX Technologies news, CEO Rex D. Geveden sold 10,000 shares of the firm’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $203.26, for a total value of $2,032,600.00. Following the sale, the chief executive officer directly owned 177,594 shares of the company’s stock, valued at approximately $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 accessible through this hyperlink. Also, CAO Kevin James Gorman sold 1,344 shares of the company’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $214.71, for a total transaction of $288,570.24. Following the transaction, the chief accounting officer directly owned 114 shares of the company’s stock, valued at approximately $24,476.94. This represents a 92.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 13,327 shares of company stock worth $2,734,844 over the last quarter. 0.47% of the stock is currently owned by insiders.
Institutional Investors Weigh In On BWX Technologies
Several hedge funds have recently modified their holdings of the stock. Aventura Private Wealth LLC acquired a new position in BWX Technologies during the fourth quarter worth approximately $29,000. WFA of San Diego LLC acquired a new position in shares of BWX Technologies in the 2nd quarter valued at $29,000. Global Trust Asset Management LLC purchased a new stake in shares of BWX Technologies during the 3rd quarter valued at $32,000. Strategic Advocates LLC purchased a new stake in shares of BWX Technologies during the 3rd quarter valued at $32,000. Finally, MV Capital Management Inc. acquired a new stake in shares of BWX Technologies during the 4th quarter worth $32,000. 94.39% of the stock is owned by institutional investors and hedge funds.
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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