Bouvel Investment Partners LLC Buys New Position in BWX Technologies, Inc. $BWXT

Bouvel Investment Partners LLC purchased a new stake in shares of BWX Technologies, Inc. (NYSE:BWXT) during the 3rd quarter, HoldingsChannel reports. The fund purchased 17,049 shares of the technology company’s stock, valued at approximately $2,336,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cannell & Spears LLC grew its position in BWX Technologies by 4.0% in the first quarter. Cannell & Spears LLC now owns 1,312 shares of the technology company’s stock worth $251,000 after buying an additional 50 shares during the last quarter. Private Advisor Group LLC grew its position in BWX Technologies by 2.4% during the 1st quarter. Private Advisor Group LLC now owns 2,847 shares of the technology company’s stock worth $582,000 after purchasing an additional 67 shares in the last quarter. Modera Wealth Management LLC lifted its holdings in shares of BWX Technologies by 4.6% in the first quarter. Modera Wealth Management LLC now owns 1,757 shares of the technology company’s stock valued at $359,000 after purchasing an additional 77 shares in the last quarter. IFP Advisors Inc raised its position in BWX Technologies by 3.3% during the second quarter. IFP Advisors Inc now owns 2,442 shares of the technology company’s stock valued at $475,000 after buying an additional 79 shares during the period. Finally, Chicago Partners Investment Group LLC grew its position in shares of BWX Technologies by 7.2% in the first quarter. Chicago Partners Investment Group LLC now owns 1,244 shares of the technology company’s stock valued at $273,000 after purchasing an additional 84 shares during the last quarter. 94.39% of the stock is currently owned by institutional investors.

BWX Technologies Trading Down 0.6%

NYSE:BWXT traded down $0.82 during trading hours on Tuesday, hitting $139.10. The stock had a trading volume of 689,668 shares, compared to its average volume of 1,048,402. The business’s 50 day moving average is $152.92 and its 200-day moving average is $183.45. The company has a debt-to-equity ratio of 1.51, a quick ratio of 2.33 and a current ratio of 2.40. The company has a market cap of $12.74 billion, a price-to-earnings ratio of 36.04, a P/E/G ratio of 2.20 and a beta of 0.74. BWX Technologies, Inc. has a one year low of $131.86 and a one year high of $241.82.

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 analysts’ consensus estimates of $1.04 by $0.03. BWX Technologies had a return on equity of 30.83% and a net margin of 10.11%. The company had revenue of $901.62 million for the quarter, compared to analyst estimates of $902.41 million. During the same quarter last year, the firm posted $1.02 earnings per share. BWX Technologies’s 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. Sell-side analysts anticipate that BWX Technologies, Inc. will post 4.75 EPS for the current fiscal year.

BWX Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, August 18th were issued a dividend of $0.27 per share. The ex-dividend date was Tuesday, August 18th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.8%. BWX Technologies’s dividend payout ratio (DPR) is presently 27.98%.

Analysts Set New Price Targets

A number of analysts have weighed in on BWXT shares. Wall Street Zen downgraded shares of BWX Technologies from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. BNP Paribas Exane reduced their target price on shares of BWX Technologies from $190.00 to $165.00 and set a “neutral” rating on the stock in a research note on Thursday, September 24th. Bank of America dropped their price objective on shares of BWX Technologies from $250.00 to $210.00 and set a “buy” rating for the company in a report on Wednesday, September 30th. Citigroup reissued an “outperform” rating on shares of BWX Technologies in a research note on Wednesday, September 30th. Finally, Guggenheim reaffirmed a “buy” rating and issued a $192.00 target price on shares of BWX Technologies in a research note on Wednesday, September 30th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, BWX Technologies presently has an average rating of “Moderate Buy” and an average target price of $205.00.

Insider Buying and Selling at BWX Technologies

In related news, CEO Rex D. Geveden sold 10,000 shares of the stock in a transaction on Wednesday, August 12th. The shares were 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 in the company, valued at approximately $33,204,697.50. This represents a 4.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is owned by corporate insiders.

BWX Technologies Company Profile

BWX Technologies, Inc (NYSE:BWXT) is a provider of nuclear components, systems and services for government and commercial customers. The company is best known for designing and manufacturing nuclear reactors and related components for the U.S. Navy’s nuclear-powered aircraft carriers and submarines. It also supports the nuclear fuel cycle and provides engineering, manufacturing, maintenance and technical services for nuclear facilities.

BWXT serves the U.S. government, commercial nuclear power producers, research institutions and customers in the healthcare and space industries.