BWX Technologies, Inc. $BWXT Shares Purchased by Gateway Investment Advisers LLC

Gateway Investment Advisers LLC boosted its stake in BWX Technologies, Inc. (NYSE:BWXT) by 345.1% during the 4th quarter, HoldingsChannel reports. The fund owned 9,588 shares of the technology company’s stock after buying an additional 7,434 shares during the period. Gateway Investment Advisers LLC’s holdings in BWX Technologies were worth $1,657,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Invesco Ltd. raised its holdings in shares of BWX Technologies by 60.1% during the third quarter. Invesco Ltd. now owns 2,549,150 shares of the technology company’s stock worth $469,987,000 after purchasing an additional 956,770 shares during the period. Alkeon Capital Management LLC raised its holdings in shares of BWX Technologies by 163.0% during the third quarter. Alkeon Capital Management LLC now owns 1,578,048 shares of the technology company’s stock worth $290,945,000 after purchasing an additional 978,000 shares during the period. Massachusetts Financial Services Co. MA raised its holdings in shares of BWX Technologies by 18.7% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,375,740 shares of the technology company’s stock worth $237,783,000 after purchasing an additional 216,707 shares during the period. First Trust Advisors LP raised its holdings in shares of BWX Technologies by 31.3% during the third quarter. First Trust Advisors LP now owns 1,254,779 shares of the technology company’s stock worth $231,343,000 after purchasing an additional 299,375 shares during the period. Finally, Blair William & Co. IL raised its holdings in shares of 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 worth $219,597,000 after purchasing an additional 187,461 shares during the period. 94.39% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at BWX Technologies

In other news, 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 value of $413,673.63. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Kevin James Gorman sold 1,344 shares of the stock in a transaction that occurred on Monday, March 2nd. The stock was 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 directly owned 114 shares of the company’s stock, valued at $24,476.94. This trade represents a 92.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 13,327 shares of company stock valued at $2,734,844. 0.60% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have weighed in on BWXT shares. BTIG Research increased their target price on shares of BWX Technologies from $225.00 to $235.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. BNP Paribas Exane assumed coverage on shares of BWX Technologies in a research report on Thursday, January 15th. They set a “neutral” rating and a $215.00 price target for the company. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $205.00 price target on shares of BWX Technologies in a research report on Tuesday. Weiss Ratings upgraded shares of BWX Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 25th. Finally, TD Cowen assumed coverage on shares of BWX Technologies in a research report on Thursday, March 12th. They set a “buy” rating and a $230.00 price target for the company. Three analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, BWX Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $217.26.

BWX Technologies Stock Performance

Shares of BWXT opened at $205.14 on Friday. The firm has a 50-day moving average price of $212.84 and a 200 day moving average price of $199.66. The firm has a market capitalization of $18.79 billion, a PE ratio of 54.85, a P/E/G ratio of 3.46 and a beta of 0.78. The company has a quick ratio of 2.25, a current ratio of 2.40 and a debt-to-equity ratio of 1.58. BWX Technologies, Inc. has a 52-week low of $105.07 and a 52-week high of $241.82.

BWX Technologies (NYSE:BWXT) last issued its quarterly earnings results on Monday, May 4th. The technology company reported $1.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.92 by $0.20. BWX Technologies had a net margin of 10.20% and a return on equity of 31.33%. The company had revenue of $860.22 million during the quarter, compared to the consensus estimate of $837.47 million. During the same period in the prior year, the company earned $0.91 EPS. BWX Technologies’s revenue was up 26.1% on a year-over-year basis. BWX Technologies has set its FY 2026 guidance at 4.600-4.750 EPS. On average, sell-side analysts anticipate that BWX Technologies, Inc. will post 4.71 earnings per share for the current fiscal year.

BWX Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Tuesday, May 19th will be paid a dividend of $0.27 per share. The ex-dividend date of this dividend is Tuesday, May 19th. This represents a $1.08 dividend on an annualized basis and a yield of 0.5%. BWX Technologies’s dividend payout ratio is currently 28.88%.

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.