NFJ Investment Group LLC Makes New $39.27 Million Investment in BWX Technologies, Inc. $BWXT

NFJ Investment Group LLC purchased a new position in BWX Technologies, Inc. (NYSE:BWXT) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 201,748 shares of the technology company’s stock, valued at approximately $39,270,000. BWX Technologies makes up 1.3% of NFJ Investment Group LLC’s investment portfolio, making the stock its 24th biggest holding.

A number of other large investors also recently modified their holdings of the business. BlackRock Inc. bought a new stake in shares of BWX Technologies during the second quarter valued at about $2,359,895,000. Bank of New York Mellon Corp bought a new position in BWX Technologies in the 2nd quarter valued at about $222,587,000. Invesco Ltd. grew its position in BWX Technologies by 60.1% in the 3rd quarter. Invesco Ltd. now owns 2,549,150 shares of the technology company’s stock valued at $469,987,000 after buying an additional 956,770 shares in the last quarter. Select Equity Group L.P. acquired a new position in BWX Technologies during the 2nd quarter valued at about $68,902,000. Finally, Orion Porfolio Solutions LLC increased its stake in BWX Technologies by 1,353.1% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 363,757 shares of the technology company’s stock valued at $52,403,000 after buying an additional 338,723 shares during the period. 94.39% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

BWXT has been the topic of a number of recent analyst reports. Truist Financial dropped their price target on shares of BWX Technologies from $212.00 to $202.00 and set a “hold” rating on the stock in a research report on Friday, August 14th. Seaport Research Partners upgraded shares of BWX Technologies from a “neutral” rating to a “buy” rating and set a $245.00 price objective for the company in a report on Monday, June 22nd. Deutsche Bank Aktiengesellschaft upgraded shares of BWX Technologies from a “hold” rating to a “buy” rating and raised their price objective for the company from $205.00 to $255.00 in a research note on Friday, May 15th. JPMorgan Chase & Co. assumed coverage on BWX Technologies in a report on Monday, July 27th. They set an “overweight” rating and a $230.00 target price on the stock. Finally, Wall Street Zen downgraded BWX Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, BWX Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $227.20.

BWX Technologies Stock Down 3.4%

BWXT stock opened at $156.71 on Friday. BWX Technologies, Inc. has a 52-week low of $154.59 and a 52-week high of $241.82. The company’s 50 day simple moving average is $181.44 and its 200-day simple moving average is $197.69. The company has a debt-to-equity ratio of 1.51, a current ratio of 2.40 and a quick ratio of 2.33. The firm has a market capitalization of $14.36 billion, a P/E ratio of 40.60, a P/E/G ratio of 2.54 and a beta of 0.76.

BWX Technologies (NYSE:BWXT) last posted its quarterly earnings data on Monday, August 3rd. The technology company reported $1.07 EPS for the quarter, topping analysts’ consensus estimates of $1.04 by $0.03. BWX Technologies had a net margin of 10.11% and a return on equity of 30.83%. The firm had revenue of $901.62 million during the quarter, compared to analyst estimates of $902.41 million. During the same quarter last year, the business posted $1.02 EPS. The company’s revenue was up 18.0% on a year-over-year basis. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. As a group, equities research analysts anticipate that BWX Technologies, Inc. will post 4.75 EPS for the current year.

BWX Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Tuesday, August 18th will be issued a $0.27 dividend. The ex-dividend date is Tuesday, August 18th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.7%. BWX Technologies’s dividend payout ratio is presently 27.98%.

Insider Activity at BWX Technologies

In other news, CEO Rex D. Geveden sold 10,000 shares of the firm’s stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $172.50, for a total value of $1,725,000.00. Following the completion of the sale, the chief executive officer owned 192,491 shares of the company’s stock, valued at $33,204,697.50. This trade represents a 4.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is currently owned by company insiders.

About BWX Technologies

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.