Tema Etfs LLC Increases Stake in BWX Technologies, Inc. $BWXT

Tema Etfs LLC increased its stake in BWX Technologies, Inc. (NYSE:BWXT) by 73.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,134 shares of the technology company’s stock after buying an additional 8,948 shares during the period. Tema Etfs LLC’s holdings in BWX Technologies were worth $3,045,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brown Advisory Inc. grew its holdings in shares of BWX Technologies by 1,948.6% during the 2nd quarter. Brown Advisory Inc. now owns 291,049 shares of the technology company’s stock worth $41,929,000 after acquiring an additional 276,842 shares during the period. Mirabella Financial Services LLP purchased a new position in shares of BWX Technologies in the 2nd quarter valued at approximately $2,362,000. Philadelphia Trust Co. boosted its position in shares of BWX Technologies by 0.9% during the second quarter. Philadelphia Trust Co. now owns 181,216 shares of the technology company’s stock valued at $26,106,000 after purchasing an additional 1,585 shares in the last quarter. McGowan Group Asset Management Inc. boosted its position in shares of BWX Technologies by 1.6% during the second quarter. McGowan Group Asset Management Inc. now owns 129,400 shares of the technology company’s stock valued at $18,641,000 after purchasing an additional 2,052 shares in the last quarter. Finally, Invesco Ltd. grew its stake in BWX Technologies by 139.0% in the second quarter. Invesco Ltd. now owns 1,592,380 shares of the technology company’s stock worth $229,398,000 after purchasing an additional 926,117 shares during the period. 94.39% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at BWX Technologies

In other BWX Technologies news, CEO Rex D. Geveden sold 10,000 shares of the stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $197.90, for a total transaction of $1,979,000.00. Following 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 position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.47% of the company’s stock.

BWX Technologies Stock Performance

Shares of BWX Technologies stock opened at $178.96 on Friday. BWX Technologies, Inc. has a 1 year low of $84.21 and a 1 year high of $218.50. The firm’s 50-day moving average is $191.30 and its 200 day moving average is $164.45. The stock has a market cap of $16.36 billion, a price-to-earnings ratio of 53.74, a PEG ratio of 3.43 and a beta of 0.85. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.71 and a quick ratio of 1.62.

BWX Technologies (NYSE:BWXT) last released its quarterly earnings data 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 during the quarter, compared to analyst estimates of $795.48 million. BWX Technologies had a net margin of 10.04% and a return on equity of 30.70%. BWX Technologies’s revenue was up 28.9% compared to the same quarter last year. During the same period last year, the business earned $0.83 EPS. BWX Technologies has set its FY 2025 guidance at 3.750-3.800 EPS. Sell-side analysts anticipate that BWX Technologies, Inc. will post 3.23 EPS for the current fiscal year.

BWX Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Wednesday, November 19th will be given a $0.25 dividend. The ex-dividend date of this dividend is Wednesday, November 19th. This represents a $1.00 annualized dividend and a yield of 0.6%. BWX Technologies’s dividend payout ratio is 30.03%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Weiss Ratings reiterated a “buy (b-)” rating on shares of BWX Technologies in a report on Monday. Zacks Research downgraded shares of BWX Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 24th. Truist Financial lifted their price target on shares of BWX Technologies from $173.00 to $200.00 and gave the company a “hold” rating in a research report on Tuesday, November 4th. Wall Street Zen raised shares of BWX Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Finally, Bank of America upped their price objective on shares of BWX Technologies from $220.00 to $230.00 and gave the stock a “buy” rating in a report on Thursday, November 13th. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $184.83.

BWX Technologies Company Profile

BWX Technologies, Inc, together with its subsidiaries, manufactures and sells nuclear components in the United States, Canada, and internationally. It operates through two segments, Government Operations and Commercial Operations. The Government Operations segment designs and manufactures naval nuclear components, reactors, and nuclear fuel; fabrication activities; and supplies proprietary and sole-source valves, manifolds, and fittings to naval and commercial shipping customers.