BWX Technologies (NYSE:BWXT) Sets New 52-Week Low – What’s Next?

BWX Technologies, Inc. (NYSE:BWXT) shares hit a new 52-week low on Thursday. The company traded as low as $131.60 and last traded at $133.6740, with a volume of 173,266 shares traded. The stock had previously closed at $134.44.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on BWXT shares. BNP Paribas Exane lowered their price target on shares of BWX Technologies from $190.00 to $165.00 and set a “neutral” rating on the stock in a report on Thursday, September 24th. Citigroup reissued an “outperform” rating on shares of BWX Technologies in a report on Wednesday, September 30th. BTIG Research reissued a “buy” rating and issued a $235.00 price objective on shares of BWX Technologies in a research note on Wednesday, September 30th. Wells Fargo & Company upgraded shares of BWX Technologies from an “underweight” rating to an “equal weight” rating and lowered their price objective for the stock from $200.00 to $170.00 in a research report on Thursday, August 27th. Finally, Northland Securities lowered their price target on shares of BWX Technologies from $250.00 to $220.00 and set an “outperform” rating for the company in a report on Wednesday, September 30th. One equities research 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, the company has a consensus rating of “Moderate Buy” and a consensus target price of $205.00.

BWX Technologies Stock Up 1.0%

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 stock’s fifty day simple moving average is $151.57 and its two-hundred day simple moving average is $182.37. The stock has a market capitalization of $12.45 billion, a P/E ratio of 35.19, a price-to-earnings-growth ratio of 2.12 and a beta of 0.74.

BWX Technologies (NYSE:BWXT) last posted its quarterly earnings data on Monday, August 3rd. The technology company reported $1.07 earnings per share for the quarter, topping the consensus estimate of $1.04 by $0.03. BWX Technologies had a return on equity of 30.83% and a net margin of 10.11%. The firm had revenue of $901.62 million during the quarter, compared to analyst estimates of $902.41 million. During the same period last year, the company posted $1.02 EPS. The business’s quarterly revenue was up 18.0% on a year-over-year basis. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. As a group, research analysts expect that BWX Technologies, Inc. will post 4.75 EPS for the current fiscal year.

BWX Technologies Announces Dividend

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

Insider Buying and Selling

In related news, CEO Rex D. Geveden sold 10,000 shares of BWX Technologies stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $172.50, for a total value of $1,725,000.00. Following the completion of the transaction, the chief executive officer directly owned 192,491 shares in the company, valued at approximately $33,204,697.50. The trade was a 4.94% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.60% of the company’s stock.

Hedge Funds Weigh In On BWX Technologies

A number of large investors have recently made changes to their positions in BWXT. HBW Advisory Services LLC boosted its stake in BWX Technologies by 24.3% in the 3rd quarter. HBW Advisory Services LLC now owns 1,511 shares of the technology company’s stock worth $207,000 after purchasing an additional 295 shares during the period. ZWJ Investment Counsel Inc. boosted its stake in BWX Technologies by 1.1% in the third quarter. ZWJ Investment Counsel Inc. now owns 381,433 shares of the technology company’s stock worth $52,256,000 after buying an additional 4,296 shares in the last quarter. Sanders Morris Harris LLC boosted its stake in BWX Technologies by 203.3% in the third quarter. Sanders Morris Harris LLC now owns 3,185 shares of the technology company’s stock worth $438,000 after buying an additional 2,135 shares in the last quarter. Copeland Capital Management LLC boosted its stake in BWX Technologies by 106.2% in the third quarter. Copeland Capital Management LLC now owns 97,205 shares of the technology company’s stock worth $13,317,000 after buying an additional 50,068 shares in the last quarter. Finally, Bouvel Investment Partners LLC bought a new position in BWX Technologies during the third quarter valued at approximately $2,336,000. 94.39% of the stock is owned by institutional investors.

About BWX Technologies

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.