Kingsview Wealth Management LLC Invests $1.09 Million in BWX Technologies, Inc. $BWXT

Kingsview Wealth Management LLC acquired a new position in shares of BWX Technologies, Inc. (NYSE:BWXT) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 5,579 shares of the technology company’s stock, valued at approximately $1,086,000.

A number of other institutional investors also recently made changes to their positions in the business. Goldman Sachs Group Inc. increased its stake in shares of BWX Technologies by 0.3% in the first quarter. Goldman Sachs Group Inc. now owns 141,680 shares of the technology company’s stock worth $13,977,000 after buying an additional 371 shares during the last quarter. Caxton Associates LLP bought a new stake in shares of BWX Technologies in the 1st quarter worth about $304,000. Flow Traders U.S. LLC bought a new stake in shares of BWX Technologies in the 2nd quarter worth about $404,000. NewEdge Advisors LLC raised its stake in shares of BWX Technologies by 670.0% in the 2nd quarter. NewEdge Advisors LLC now owns 7,030 shares of the technology company’s stock valued at $1,013,000 after purchasing an additional 6,117 shares in the last quarter. Finally, Sei Investments Co. lifted its position in shares of BWX Technologies by 44.9% during the second quarter. Sei Investments Co. now owns 256,969 shares of the technology company’s stock worth $37,018,000 after purchasing an additional 79,646 shares during the last quarter. 94.39% of the stock is owned by institutional investors and hedge funds.

Insider Activity at BWX Technologies

In other news, CEO Rex D. Geveden sold 10,000 shares of BWX Technologies stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $172.50, for a total transaction of $1,725,000.00. Following the sale, the chief executive officer owned 192,491 shares of the company’s stock, valued at approximately $33,204,697.50. The trade was a 4.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.60% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on BWXT shares. JPMorgan Chase & Co. began coverage on BWX Technologies in a research note on Monday, July 27th. They set an “overweight” rating and a $230.00 price objective on the stock. Zacks Research downgraded BWX Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. 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 report on Monday, June 22nd. Truist Financial reduced their price objective on BWX Technologies from $212.00 to $202.00 and set a “hold” rating on the stock in a research note on Friday, August 14th. Finally, Weiss Ratings lowered shares of BWX Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, BWX Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $224.20.

BWX Technologies Price Performance

Shares of NYSE BWXT opened at $153.12 on Friday. 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 $14.03 billion, a PE ratio of 39.67, a P/E/G ratio of 2.39 and a beta of 0.76. BWX Technologies, Inc. has a 1-year low of $147.74 and a 1-year high of $241.82. The business’s fifty day moving average price is $175.83 and its two-hundred day moving average price is $195.80.

BWX Technologies (NYSE:BWXT) last released 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 net margin of 10.11% and a return on equity of 30.83%. The business had revenue of $901.62 million during the quarter, compared to analyst estimates of $902.41 million. During the same quarter in the prior year, the firm earned $1.02 earnings per share. The company’s quarterly 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. On average, research analysts expect that BWX Technologies, Inc. will post 4.75 EPS for the current year.

BWX Technologies Announces Dividend

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