BWX Technologies (NYSE:BWXT) Issues Quarterly Earnings Results, Beats Expectations By $0.07 EPS

BWX Technologies (NYSE:BWXT) posted its quarterly earnings data on Monday. The technology company reported $1.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.19 by $0.07, FiscalAI reports. The business had revenue of $952.97 million during the quarter, compared to analysts’ expectations of $970.52 million. BWX Technologies had a net margin of 10.41% and a return on equity of 32.48%. The business’s revenue was up 10.0% on a year-over-year basis. During the same period last year, the firm posted $1.00 earnings per share.

Here are the key takeaways from BWX Technologies’ conference call:

• Positive Sentiment: BWXT reported strong third-quarter execution, with revenue up 10%, adjusted EBITDA up 19% to $180 million, and adjusted EPS up 26% to $1.26. Both operating segments delivered double-digit EBITDA growth, while free cash flow of $151 million led the company to raise its 2026 free cash flow guidance to $350 million-$360 million.
• Positive Sentiment: Government operations benefited from improved productivity, higher manufacturing volumes, and growth in special materials programs, including the $1.6 billion high-purity depleted uranium contract. Management expects high-single-digit to low-double-digit government revenue and EBITDA growth in 2027.
• Positive Sentiment: BWXT secured several advanced-nuclear wins, including participation in the U.S. Army’s Janus microreactor program, selection of its BANR reactor for a Canadian project, and a multiyear TRISO fuel agreement with Antares. The company said its Lynchburg fuel facility can roughly quadruple output before a larger expansion is needed.
• Positive Sentiment: Commercial operations revenue rose 25%, including 15% organic growth, supported by commercial power, Kinectrics, Medical, and the PCG acquisition. BWXT completed a Cambridge facility expansion that increases heavy-component capacity by about 50% and plans to proceed with a new U.S. manufacturing facility for large steam generators and reactor pressure vessels.
• Neutral Sentiment: Management reiterated its 2026 adjusted EBITDA and EPS outlook and expects high-single-digit to low-double-digit EBITDA and EPS growth in 2027, but free cash flow is expected to be flat to slightly higher as the company invests in working capital, capital expenditures, and growth programs. The company also noted that commercial nuclear projects remain subject to risk-allocation decisions and the timing of firm orders.

BWX Technologies Price Performance

Shares of BWXT opened at $119.47 on Friday. The company has a market capitalization of $10.95 billion, a P/E ratio of 29.28, a price-to-earnings-growth ratio of 1.84 and a beta of 0.75. BWX Technologies has a twelve month low of $112.54 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 50 day moving average of $140.58 and a 200 day moving average of $182.63.

BWX Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Thursday, November 19th will be paid a dividend of $0.27 per share. The ex-dividend date of this dividend is Thursday, November 19th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.9%. BWX Technologies’s dividend payout ratio (DPR) is currently 26.47%.

Insiders Place Their Bets

In other news, CEO Rex D. Geveden sold 10,000 shares of the company’s stock in a transaction dated 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 sale, 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 Securities & Exchange Commission, which is available 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.

Wall Street Analyst Weigh In

Several research firms have issued reports on BWXT. BNP Paribas Exane dropped their price objective on BWX Technologies from $190.00 to $165.00 and set a “neutral” rating for the company in a research note on Thursday, September 24th. Citigroup reaffirmed an “outperform” rating on shares of BWX Technologies in a research report on Wednesday, September 30th. Weiss Ratings lowered shares of BWX Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, August 26th. Truist Financial dropped their price target on shares of BWX Technologies from $202.00 to $182.00 and set a “hold” rating for the company in a research report on Tuesday, October 6th. Finally, Wells Fargo & Company raised shares of BWX Technologies from an “underweight” rating to an “equal weight” rating and decreased their price target for the company from $200.00 to $170.00 in a report on Thursday, August 27th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, BWX Technologies has a consensus rating of “Moderate Buy” and an average target price of $205.00.

BWX Technologies Company Profile

BWX Technologies, Inc (NYSE: BWXT) is a specialty manufacturer and services provider focused on nuclear technology. The company designs and manufactures nuclear reactors, reactor components, nuclear fuel and related equipment, with a major emphasis on highly engineered systems used in naval and commercial applications.

BWXT is a key supplier to the U.S. government, supporting the U.S. Navy’s nuclear-powered aircraft carriers and submarines through reactor design, component manufacturing, fuel production, maintenance and life-cycle services.