According to Zacks, “BWX Technologies, Inc. supplies precision manufactured components and services to the commercial nuclear power industry. The company offers technical, management and site services to governments in complex facilities and environmental remediation activities. It operates primarily in Lynchburg, Va., Ohio and Cambridge, Ontario. BWX Technologies, Inc., formerly known as Babcock & Wilcox Company, is headquartered in Lynchburg, Va. “
BWX Technologies (NYSE:BWXT) opened at 37.75 on Tuesday. The stock has a market cap of $3.90 billion, a P/E ratio of 19.19 and a beta of 0.49. The stock has a 50 day moving average of $38.76 and a 200-day moving average of $36.06. BWX Technologies has a one year low of $26.89 and a one year high of $39.70.
BWX Technologies (NYSE:BWXT) last released its quarterly earnings data on Monday, August 8th. The company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.06. BWX Technologies had a return on equity of 60.44% and a net margin of 14.07%. The firm earned $402.38 million during the quarter, compared to analyst estimates of $367.04 million. During the same period in the prior year, the company posted $0.32 earnings per share. The business’s revenue for the quarter was up 12.7% compared to the same quarter last year. Analysts anticipate that BWX Technologies will post $1.66 EPS for the current year.
In related news, insider Joseph G. Henry sold 16,032 shares of the firm’s stock in a transaction dated Tuesday, August 23rd. The stock was sold at an average price of $39.28, for a total value of $629,736.96. Following the transaction, the insider now owns 36,425 shares in the company, valued at $1,430,774. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP James D. Canafax sold 4,500 shares of the firm’s stock in a transaction dated Monday, August 15th. The shares were sold at an average price of $38.29, for a total value of $172,305.00. Following the completion of the transaction, the senior vice president now owns 72,100 shares in the company, valued at approximately $2,760,709. The disclosure for this sale can be found here. Insiders own 0.86% of the company’s stock.
A number of institutional investors have recently bought and sold shares of the stock. Nuveen Asset Management LLC boosted its position in BWX Technologies by 34.9% in the first quarter. Nuveen Asset Management LLC now owns 93,089 shares of the company’s stock valued at $3,124,000 after buying an additional 24,108 shares in the last quarter. Renaissance Technologies LLC boosted its position in BWX Technologies by 390.5% in the first quarter. Renaissance Technologies LLC now owns 961,800 shares of the company’s stock valued at $32,278,000 after buying an additional 765,700 shares in the last quarter. HBK Investments L P boosted its position in BWX Technologies by 52.9% in the first quarter. HBK Investments L P now owns 194,841 shares of the company’s stock valued at $6,539,000 after buying an additional 67,385 shares in the last quarter. Geode Capital Management LLC boosted its position in BWX Technologies by 2.6% in the first quarter. Geode Capital Management LLC now owns 654,093 shares of the company’s stock valued at $21,951,000 after buying an additional 16,493 shares in the last quarter. Finally, Loomis Sayles & Co. L P boosted its position in BWX Technologies by 4.7% in the first quarter. Loomis Sayles & Co. L P now owns 1,562,480 shares of the company’s stock valued at $52,437,000 after buying an additional 69,917 shares in the last quarter. Institutional investors and hedge funds own 94.36% of the company’s stock.
BWX Technologies Company Profile
BWX Technologies, Inc, formerly The Babcock & Wilcox Company, is a manufacturer of nuclear components and a service provider. The Company’s businesses focus on the design, engineering and manufacture of precision naval nuclear components, reactors and nuclear fuel for the United States Government. Its segments include Nuclear Operations, Technical Services, Nuclear Energy and Other.
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