BWX Technologies, Inc. $BWXT Position Reduced by Meeder Asset Management Inc.

Meeder Asset Management Inc. reduced its position in shares of BWX Technologies, Inc. (NYSE:BWXT) by 68.2% in the third quarter, HoldingsChannel.com reports. The firm owned 7,388 shares of the technology company’s stock after selling 15,821 shares during the period. Meeder Asset Management Inc.’s holdings in BWX Technologies were worth $1,362,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Creative Financial Designs Inc. ADV raised its stake in shares of BWX Technologies by 250.0% in the 2nd quarter. Creative Financial Designs Inc. ADV now owns 175 shares of the technology company’s stock worth $25,000 after buying an additional 125 shares in the last quarter. WFA of San Diego LLC bought a new position in BWX Technologies during the second quarter valued at about $29,000. Hantz Financial Services Inc. grew its holdings in BWX Technologies by 861.9% during the second quarter. Hantz Financial Services Inc. now owns 202 shares of the technology company’s stock worth $29,000 after acquiring an additional 181 shares during the period. HM Payson & Co. bought a new stake in BWX Technologies in the third quarter worth about $52,000. Finally, Parkside Financial Bank & Trust raised its position in BWX Technologies by 60.5% in the second quarter. Parkside Financial Bank & Trust now owns 390 shares of the technology company’s stock worth $56,000 after acquiring an additional 147 shares in the last quarter. 94.39% of the stock is currently owned by institutional investors and hedge funds.

BWX Technologies Price Performance

Shares of NYSE:BWXT opened at $201.67 on Monday. The company’s fifty day moving average is $181.73 and its two-hundred day moving average is $174.14. The company has a market cap of $18.44 billion, a P/E ratio of 60.56, a price-to-earnings-growth ratio of 3.26 and a beta of 0.86. BWX Technologies, Inc. has a 12-month low of $84.21 and a 12-month high of $218.50. The company has a quick ratio of 1.62, a current ratio of 1.71 and a debt-to-equity ratio of 1.21.

BWX Technologies (NYSE:BWXT) last issued its quarterly earnings results on Monday, November 3rd. The technology company reported $1.00 earnings per share for the quarter, beating analysts’ consensus estimates of $0.85 by $0.15. The business had revenue of $866.29 million for the quarter, compared to the consensus estimate of $795.48 million. BWX Technologies had a return on equity of 30.70% and a net margin of 10.04%.BWX Technologies’s revenue for the quarter was up 28.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.83 earnings per share. BWX Technologies has set its FY 2025 guidance at 3.750-3.800 EPS. Equities analysts expect that BWX Technologies, Inc. will post 3.23 earnings per share for the current fiscal year.

BWX Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Wednesday, November 19th were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Wednesday, November 19th. BWX Technologies’s dividend payout ratio is 30.03%.

Insider Activity

In related news, CEO Rex D. Geveden sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $197.90, for a total transaction of $1,979,000.00. Following the completion of the sale, the chief executive officer directly owned 187,594 shares in the company, valued at approximately $37,124,852.60. This trade represents a 5.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.47% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on BWXT shares. CJS Securities raised shares of BWX Technologies to a “strong-buy” rating in a research note on Friday, December 12th. Zacks Research lowered shares of BWX Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 24th. Wedbush reaffirmed an “outperform” rating on shares of BWX Technologies in a report on Wednesday, October 1st. Northland Securities set a $225.00 price objective on BWX Technologies in a research note on Tuesday, November 4th. Finally, Wall Street Zen upgraded BWX Technologies from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Three investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, BWX Technologies has an average rating of “Moderate Buy” and a consensus target price of $196.94.

BWX Technologies Company 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.