First Trust Advisors LP Purchases 299,375 Shares of BWX Technologies, Inc. $BWXT

First Trust Advisors LP boosted its position in BWX Technologies, Inc. (NYSE:BWXT) by 31.3% during the third quarter, Holdings Channel reports. The institutional investor owned 1,254,779 shares of the technology company’s stock after purchasing an additional 299,375 shares during the quarter. First Trust Advisors LP’s holdings in BWX Technologies were worth $231,343,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Artisan Partners Limited Partnership bought a new position in shares of BWX Technologies during the 2nd quarter worth approximately $183,859,000. Invesco Ltd. lifted its position 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 purchasing an additional 926,117 shares in the last quarter. Massachusetts Financial Services Co. MA bought a new stake in shares of BWX Technologies in the second quarter worth $132,498,000. Alkeon Capital Management LLC acquired a new position in BWX Technologies during the second quarter worth $86,443,000. Finally, Select Equity Group L.P. acquired a new position in BWX Technologies during the second quarter worth $68,902,000. Institutional investors and hedge funds own 94.39% of the company’s stock.

Insider Transactions at BWX Technologies

In related news, CEO Rex D. Geveden sold 10,000 shares of BWX Technologies stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $203.26, for a total value of $2,032,600.00. Following the transaction, the chief executive officer directly owned 177,594 shares of the company’s stock, valued at $36,097,756.44. The trade was a 5.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Gerhard F. Burbach sold 1,983 shares of the stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $208.61, for a total transaction of $413,673.63. The SEC filing for this sale provides additional information. Insiders sold 13,327 shares of company stock worth $2,734,844 over the last ninety days. 0.47% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Wall Street Zen lowered shares of BWX Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. BTIG Research increased their price objective on shares of BWX Technologies from $225.00 to $235.00 and gave the stock a “buy” rating in a research note on Thursday, February 26th. Truist Financial set a $205.00 price objective on BWX Technologies in a report on Friday, January 9th. BNP Paribas Exane initiated coverage on BWX Technologies in a report on Thursday, January 15th. They set a “neutral” rating and a $215.00 target price on the stock. Finally, Weiss Ratings raised BWX Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 25th. Three research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $200.45.

BWX Technologies Price Performance

Shares of NYSE BWXT opened at $195.65 on Friday. The company has a debt-to-equity ratio of 1.64, a current ratio of 2.32 and a quick ratio of 2.25. The stock has a market capitalization of $17.89 billion, a PE ratio of 54.80, a P/E/G ratio of 3.19 and a beta of 0.83. BWX Technologies, Inc. has a fifty-two week low of $84.21 and a fifty-two week high of $220.57. The business has a fifty day moving average price of $201.04 and a two-hundred day moving average price of $188.61.

BWX Technologies (NYSE:BWXT) last released 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 company had revenue of $885.84 million during the quarter, compared to the consensus estimate of $837.47 million. During the same quarter in the prior year, the firm posted $0.92 earnings per share. The firm’s 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. As a group, equities analysts predict that BWX Technologies, Inc. will post 3.23 earnings per share for the current fiscal year.

BWX Technologies Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Wednesday, March 11th will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Wednesday, March 11th. This represents a $1.08 annualized dividend and a yield of 0.6%. This is an increase from BWX Technologies’s previous quarterly dividend of $0.25. BWX Technologies’s dividend payout ratio is 28.01%.

About BWX Technologies

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.