Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD boosted its stake in shares of BWX Technologies, Inc. (NYSE:BWXT – Free Report) by 54.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 38,289 shares of the technology company’s stock after acquiring an additional 13,424 shares during the quarter. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD’s holdings in BWX Technologies were worth $7,453,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also bought and sold shares of the company. California State Teachers Retirement System lifted its position in BWX Technologies by 19,438.2% in the second quarter. California State Teachers Retirement System now owns 20,717,573 shares of the technology company’s stock valued at $4,032,676,000 after purchasing an additional 20,611,537 shares during the last quarter. BlackRock Inc. purchased a new position in shares of BWX Technologies in the second quarter worth $2,359,895,000. Invesco Ltd. raised its holdings in BWX Technologies by 0.7% during the 4th quarter. Invesco Ltd. now owns 2,568,117 shares of the technology company’s stock valued at $443,873,000 after buying an additional 18,967 shares during the last quarter. Franklin Resources Inc. raised its holdings in BWX Technologies by 2.4% during the 4th quarter. Franklin Resources Inc. now owns 2,258,282 shares of the technology company’s stock valued at $390,321,000 after buying an additional 53,594 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in BWX Technologies by 3.9% during the 4th quarter. Geode Capital Management LLC now owns 1,857,716 shares of the technology company’s stock valued at $321,176,000 after buying an additional 69,857 shares during the period. 94.39% of the stock is currently owned by institutional investors.
Insider Buying and Selling at BWX Technologies
In other BWX Technologies news, CEO Rex D. Geveden sold 10,000 shares of BWX Technologies stock in a transaction on Wednesday, August 12th. The stock was 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. The trade was a 4.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.60% of the company’s stock.
BWX Technologies Price Performance
BWX Technologies (NYSE:BWXT – Get Free Report) last announced its quarterly earnings data on Monday, August 3rd. The technology company reported $1.07 EPS for the quarter, beating the consensus estimate of $1.04 by $0.03. The business had revenue of $901.62 million during the quarter, compared to analyst estimates of $902.41 million. BWX Technologies had a return on equity of 30.83% and a net margin of 10.11%.The company’s revenue for the quarter was up 18.0% on a year-over-year basis. During the same quarter last year, the firm posted $1.02 earnings per share. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. Research analysts expect that BWX Technologies, Inc. will post 4.75 EPS for the current fiscal year.
BWX Technologies Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, August 18th were paid a dividend of $0.27 per share. The ex-dividend date of this dividend was Tuesday, August 18th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.7%. BWX Technologies’s dividend payout ratio (DPR) is currently 27.98%.
Wall Street Analysts Forecast Growth
A number of equities research analysts have issued reports on BWXT shares. Seaport Research Partners raised shares of BWX Technologies from a “neutral” rating to a “buy” rating and set a $245.00 price target on the stock in a report on Monday, June 22nd. Wells Fargo & Company raised shares of BWX Technologies from an “underweight” rating to an “equal weight” rating and lowered their price objective for the company from $200.00 to $170.00 in a research note on Thursday, August 27th. Deutsche Bank Aktiengesellschaft upgraded shares of BWX Technologies from a “hold” rating to a “buy” rating and increased their target price for the stock from $205.00 to $255.00 in a report on Friday, May 15th. JPMorgan Chase & Co. initiated coverage on BWX Technologies in a report on Monday, July 27th. They set an “overweight” rating and a $230.00 price target on the stock. Finally, Weiss Ratings downgraded BWX Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, August 26th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $220.27.
View Our Latest Research Report on BWX Technologies
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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