Van ECK Associates Corp Increases Position in BWX Technologies, Inc. $BWXT

Van ECK Associates Corp raised its position in shares of BWX Technologies, Inc. (NYSE:BWXT) by 40.2% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,095,020 shares of the technology company’s stock after purchasing an additional 314,229 shares during the quarter. Van ECK Associates Corp owned 1.20% of BWX Technologies worth $201,888,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Invesco Ltd. increased its stake in shares of 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 acquiring an additional 926,117 shares during the period. Artisan Partners Limited Partnership purchased a new stake in BWX Technologies in the 2nd quarter worth approximately $183,859,000. First Trust Advisors LP increased its holdings in shares of BWX Technologies by 31.3% during the 3rd quarter. First Trust Advisors LP now owns 1,254,779 shares of the technology company’s stock valued at $231,343,000 after purchasing an additional 299,375 shares in the last quarter. Blair William & Co. IL grew its position in BWX Technologies by 18.7% during the third quarter. Blair William & Co. IL now owns 1,191,068 shares of the technology company’s stock valued at $219,597,000 after buying an additional 187,461 shares during the period. Finally, Massachusetts Financial Services Co. MA raised its position in shares of BWX Technologies by 26.0% in the third quarter. Massachusetts Financial Services Co. MA now owns 1,159,033 shares of the technology company’s stock worth $213,691,000 after acquiring an additional 239,292 shares during the period. Hedge funds and other institutional investors own 94.39% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on BWXT shares. Bank of America upped their target price on BWX Technologies from $220.00 to $230.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. CJS Securities raised shares of BWX Technologies to a “strong-buy” rating in a research note on Friday, December 12th. BNP Paribas Exane started coverage on shares of BWX Technologies in a research note on Thursday, January 15th. They set a “neutral” rating and a $215.00 target price on the stock. Truist Financial set a $205.00 target price on BWX Technologies in a research report on Friday, January 9th. Finally, Wall Street Zen cut shares of BWX Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Three research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, BWX Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $200.45.

Insider Activity

In other news, CAO Kevin James Gorman sold 1,344 shares of the stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $214.71, for a total transaction of $288,570.24. Following the completion of the sale, the chief accounting officer owned 114 shares in the company, valued at approximately $24,476.94. This represents a 92.18% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Rex D. Geveden sold 10,000 shares of the business’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $203.26, for a total transaction of $2,032,600.00. Following the completion of the transaction, the chief executive officer directly owned 177,594 shares in the company, valued at $36,097,756.44. This represents a 5.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 13,327 shares of company stock valued at $2,734,844 in the last ninety days. 0.47% of the stock is currently owned by company insiders.

BWX Technologies Trading Up 2.8%

NYSE:BWXT opened at $200.73 on Tuesday. The stock has a fifty day moving average price of $201.54 and a 200 day moving average price of $189.03. The company has a current ratio of 2.32, a quick ratio of 2.25 and a debt-to-equity ratio of 1.64. BWX Technologies, Inc. has a 12-month low of $84.21 and a 12-month high of $220.57. The firm has a market cap of $18.35 billion, a PE ratio of 56.23, a price-to-earnings-growth ratio of 3.19 and a beta of 0.83.

BWX Technologies (NYSE:BWXT) last announced its quarterly earnings data on Monday, February 23rd. The technology company reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.17. BWX Technologies had a return on equity of 30.94% and a net margin of 10.28%.The business had revenue of $885.84 million during the quarter, compared to analysts’ expectations of $837.47 million. During the same quarter last year, the business posted $0.92 EPS. The business’s quarterly revenue was up 18.7% compared to the same quarter last year. BWX Technologies has set its FY 2026 guidance at 4.550-4.700 EPS. Sell-side analysts anticipate that BWX Technologies, Inc. will post 3.23 earnings per share for the current fiscal year.

BWX Technologies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Wednesday, March 11th will be given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 0.5%. This is a positive change from BWX Technologies’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Wednesday, March 11th. BWX Technologies’s dividend payout ratio is presently 28.01%.

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.