PNC Financial Services Group Inc. Increases Stock Holdings in BWX Technologies, Inc. $BWXT

PNC Financial Services Group Inc. boosted its stake in BWX Technologies, Inc. (NYSE:BWXT) by 30.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,808 shares of the technology company’s stock after acquiring an additional 3,648 shares during the period. PNC Financial Services Group Inc.’s holdings in BWX Technologies were worth $3,233,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. MV Capital Management Inc. purchased a new stake in shares of BWX Technologies in the 4th quarter worth about $32,000. WFA of San Diego LLC purchased a new position in shares of BWX Technologies during the second quarter valued at about $29,000. Tucker Asset Management LLC bought a new position in BWX Technologies in the fourth quarter worth about $36,000. ORG Partners LLC raised its stake in BWX Technologies by 143.2% in the fourth quarter. ORG Partners LLC now owns 231 shares of the technology company’s stock worth $40,000 after buying an additional 136 shares in the last quarter. Finally, Vermillion Wealth Management Inc. lifted its holdings in BWX Technologies by 71.7% in the fourth quarter. Vermillion Wealth Management Inc. now owns 237 shares of the technology company’s stock worth $41,000 after buying an additional 99 shares during the period. 94.39% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at BWX Technologies

In other BWX Technologies news, CFO Michael Thomas Fitzgerald sold 2,417 shares of BWX Technologies stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $209.25, for a total value of $505,757.25. Following the completion of the transaction, the chief financial officer directly owned 6,884 shares of the company’s stock, valued at approximately $1,440,477. The trade was a 25.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Rex D. Geveden sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $204.81, for a total transaction of $2,048,100.00. Following the completion of the transaction, the chief executive officer owned 202,491 shares in the company, valued at approximately $41,472,181.71. This represents a 4.71% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.60% of the company’s stock.

Analyst Ratings Changes

Several research firms have weighed in on BWXT. Truist Financial lifted their price objective on BWX Technologies from $205.00 to $212.00 and gave the company a “hold” rating in a research report on Monday, May 11th. Wall Street Zen raised BWX Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. JPMorgan Chase & Co. began coverage on BWX Technologies in a research note on Monday. They issued an “overweight” rating and a $230.00 target price for the company. Weiss Ratings restated a “buy (b-)” rating on shares of BWX Technologies in a research report on Friday, May 22nd. Finally, Seaport Research Partners raised BWX Technologies from a “neutral” rating to a “buy” rating and set a $245.00 price target on the stock in a research note on Monday, June 22nd. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $228.20.

BWX Technologies Trading Down 4.1%

BWX Technologies stock opened at $169.25 on Wednesday. The company has a current ratio of 2.40, a quick ratio of 2.33 and a debt-to-equity ratio of 1.58. The business’s fifty day simple moving average is $190.34 and its two-hundred day simple moving average is $202.55. BWX Technologies, Inc. has a 12 month low of $143.07 and a 12 month high of $241.82. The company has a market capitalization of $15.50 billion, a price-to-earnings ratio of 45.25, a price-to-earnings-growth ratio of 3.01 and a beta of 0.74.

BWX Technologies (NYSE:BWXT) last released its earnings results on Monday, May 4th. The technology company reported $1.12 EPS for the quarter, topping analysts’ consensus estimates of $0.92 by $0.20. BWX Technologies had a return on equity of 31.33% and a net margin of 10.20%.The firm had revenue of $860.22 million for the quarter, compared to analysts’ expectations of $837.47 million. During the same period in the prior year, the firm posted $0.91 earnings per share. The company’s quarterly revenue was up 26.1% on a year-over-year basis. BWX Technologies has set its FY 2026 guidance at 4.600-4.750 EPS. As a group, equities analysts predict that BWX Technologies, Inc. will post 4.6 earnings per share for the current fiscal year.

BWX Technologies 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.