BWX Technologies, Inc. (NYSE:BWXT – Get Free Report) reached a new 52-week high during trading on Thursday . The company traded as high as $218.89 and last traded at $217.5640, with a volume of 1002108 shares. The stock had previously closed at $204.08.
Wall Street Analyst Weigh In
BWXT has been the subject of a number of research analyst reports. William Blair reiterated an “outperform” rating on shares of BWX Technologies in a report on Wednesday, September 17th. BTIG Research lifted their price target on shares of BWX Technologies from $200.00 to $225.00 and gave the company a “buy” rating in a research note on Friday, November 7th. BNP Paribas Exane initiated coverage on BWX Technologies in a report on Thursday. They set a “neutral” rating and a $215.00 price objective on the stock. Bank of America lifted their target price on BWX Technologies from $220.00 to $230.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. Finally, Zacks Research downgraded BWX Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 24th. Three equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $200.96.
Read Our Latest Research Report on BWX Technologies
BWX Technologies Price Performance
BWX Technologies (NYSE:BWXT – Get Free Report) last issued its quarterly earnings data on Monday, November 3rd. The technology company reported $1.00 earnings per share for the quarter, topping analysts’ consensus estimates of $0.85 by $0.15. The firm had revenue of $866.29 million during the quarter, compared to analysts’ expectations of $795.48 million. BWX Technologies had a return on equity of 30.70% and a net margin of 10.04%.The firm’s quarterly revenue was up 28.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.83 EPS. BWX Technologies has set its FY 2025 guidance at 3.750-3.800 EPS. As a group, analysts forecast that BWX Technologies, Inc. will post 3.23 EPS for the current year.
BWX Technologies Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Wednesday, November 19th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Wednesday, November 19th. BWX Technologies’s dividend payout ratio is currently 30.03%.
Insider Activity at BWX Technologies
In other BWX Technologies news, CEO Rex D. Geveden sold 10,000 shares of the business’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 sale, the chief executive officer owned 187,594 shares of the company’s stock, valued at approximately $37,124,852.60. The trade was a 5.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.47% of the stock is owned by insiders.
Institutional Investors Weigh In On BWX Technologies
A number of large investors have recently made changes to their positions in BWXT. Aventura Private Wealth LLC acquired a new position in shares of BWX Technologies in the 4th quarter valued at $29,000. Strategic Advocates LLC purchased a new stake in BWX Technologies during the 3rd quarter valued at about $32,000. Creative Financial Designs Inc. ADV increased its holdings in shares of BWX Technologies by 250.0% in the second quarter. Creative Financial Designs Inc. ADV now owns 175 shares of the technology company’s stock valued at $25,000 after purchasing an additional 125 shares during the period. Global Trust Asset Management LLC purchased a new position in shares of BWX Technologies in the third quarter worth about $32,000. Finally, Strategic Investment Solutions Inc. IL lifted its stake in BWX Technologies by 300.0% during the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 200 shares of the technology company’s stock valued at $37,000 after acquiring an additional 150 shares during the period. 94.39% of the stock is owned by hedge funds and other institutional investors.
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.
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