Cookson Peirce & Co. Inc. Increases Stock Position in BWX Technologies, Inc. $BWXT

Cookson Peirce & Co. Inc. boosted its position in shares of BWX Technologies, Inc. (NYSE:BWXT) by 19.9% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 140,906 shares of the technology company’s stock after acquiring an additional 23,393 shares during the period. Cookson Peirce & Co. Inc.’s holdings in BWX Technologies were worth $27,427,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wedbush Securities Inc. boosted its stake in shares of BWX Technologies by 15.4% during the 2nd quarter. Wedbush Securities Inc. now owns 1,508 shares of the technology company’s stock worth $294,000 after acquiring an additional 201 shares in the last quarter. Greenleaf Trust grew its position in shares of BWX Technologies by 10.6% during the 2nd quarter. Greenleaf Trust now owns 1,544 shares of the technology company’s stock valued at $301,000 after acquiring an additional 148 shares during the period. Navellier & Associates Inc. grew its position in shares of BWX Technologies by 1.8% during the 2nd quarter. Navellier & Associates Inc. now owns 21,684 shares of the technology company’s stock valued at $4,221,000 after acquiring an additional 379 shares during the period. Archer Investment Corp purchased a new position in shares of BWX Technologies in the 2nd quarter valued at about $180,000. Finally, Kingsview Wealth Management LLC purchased a new position in shares of BWX Technologies in the 2nd quarter valued at about $1,086,000. Hedge funds and other institutional investors own 94.39% of the company’s stock.

Insider Buying and Selling

In related news, CEO Rex D. Geveden sold 10,000 shares of the company’s stock in a transaction that occurred 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 transaction, the chief executive officer directly owned 192,491 shares in the company, valued at approximately $33,204,697.50. This represents a 4.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.60% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on BWXT shares. Deutsche Bank Aktiengesellschaft upgraded BWX Technologies from a “hold” rating to a “buy” rating and increased their price target for the stock from $205.00 to $255.00 in a research report on Friday, May 15th. Weiss Ratings cut BWX Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday. Seaport Research Partners upgraded BWX Technologies from a “neutral” rating to a “buy” rating and set a $245.00 target price on the stock in a research report on Monday, June 22nd. BTIG Research restated a “buy” rating and set a $235.00 price target on shares of BWX Technologies in a research report on Tuesday, August 4th. Finally, JPMorgan Chase & Co. started coverage on BWX Technologies in a report on Monday, July 27th. They set an “overweight” rating and a $230.00 target price for the company. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $224.20.

BWX Technologies Stock Down 1.8%

Shares of NYSE:BWXT opened at $153.12 on Friday. BWX Technologies, Inc. has a 52-week low of $147.74 and a 52-week high of $241.82. The stock has a market cap of $14.03 billion, a P/E ratio of 39.67, a PEG ratio of 2.39 and a beta of 0.76. The business has a fifty day moving average of $175.83 and a two-hundred day moving average of $195.80. The company has a quick ratio of 2.33, a current ratio of 2.40 and a debt-to-equity ratio of 1.51.

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

BWX Technologies Announces Dividend

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

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.