Moore Capital Management LP Acquires 31,553 Shares of BWX Technologies, Inc. $BWXT

Moore Capital Management LP raised its holdings in shares of BWX Technologies, Inc. (NYSE:BWXT) by 100.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 62,977 shares of the technology company’s stock after buying an additional 31,553 shares during the quarter. Moore Capital Management LP owned about 0.07% of BWX Technologies worth $12,258,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the business. BlackRock Inc. purchased a new stake in BWX Technologies in the second quarter worth approximately $2,359,895,000. Bank of New York Mellon Corp purchased a new position in shares of BWX Technologies during the second quarter worth approximately $222,587,000. Bank of America Corp DE purchased a new position in shares of BWX Technologies during the second quarter worth approximately $202,020,000. Invesco Ltd. lifted its holdings in shares of BWX Technologies by 60.1% in the 3rd quarter. Invesco Ltd. now owns 2,549,150 shares of the technology company’s stock worth $469,987,000 after acquiring an additional 956,770 shares during the last quarter. Finally, William Blair Investment Management LLC bought a new stake in shares of BWX Technologies in the 2nd quarter worth approximately $183,211,000. 94.39% of the stock is currently owned by institutional investors.

BWX Technologies Trading Up 0.2%

Shares of BWXT opened at $153.12 on Monday. The stock has a market capitalization of $14.03 billion, a P/E ratio of 39.67, a PEG ratio of 2.39 and a beta of 0.76. BWX Technologies, Inc. has a twelve month low of $147.74 and a twelve month high of $241.82. The company has a quick ratio of 2.33, a current ratio of 2.40 and a debt-to-equity ratio of 1.51. The firm has a fifty day simple moving average of $175.83 and a two-hundred day simple moving average of $195.75.

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

BWX Technologies Dividend Announcement

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

Wall Street Analyst Weigh In

BWXT has been the topic of several recent research reports. Seaport Research Partners raised shares of BWX Technologies from a “neutral” rating to a “buy” rating and set a $245.00 target price on the stock in a report on Monday, June 22nd. Truist Financial lowered their price target on shares of BWX Technologies from $212.00 to $202.00 and set a “hold” rating for the company in a research note on Friday, August 14th. Wells Fargo & Company upgraded shares of BWX Technologies from an “underweight” rating to an “equal weight” rating and cut their price target for the company from $200.00 to $170.00 in a research report on Thursday. Deutsche Bank Aktiengesellschaft raised 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. Finally, JPMorgan Chase & Co. assumed coverage on BWX Technologies in a report on Monday, July 27th. They issued an “overweight” rating and a $230.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, BWX Technologies has a consensus rating of “Moderate Buy” and an average price target of $224.20.

Insider Buying and Selling

In other BWX Technologies 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 transaction of $1,725,000.00. Following the completion of the transaction, the chief executive officer owned 192,491 shares of the company’s stock, valued at $33,204,697.50. This represents a 4.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is owned by insiders.

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.