BWX Technologies, Inc. $BWXT Shares Sold by Bank Julius Baer & Co. Ltd Zurich

Bank Julius Baer & Co. Ltd Zurich lowered its position in BWX Technologies, Inc. (NYSE:BWXTFree Report) by 24.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 116,092 shares of the technology company’s stock after selling 38,054 shares during the period. Bank Julius Baer & Co. Ltd Zurich’s holdings in BWX Technologies were worth $20,171,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Alkeon Capital Management LLC increased its holdings in BWX Technologies by 163.0% during the 3rd quarter. Alkeon Capital Management LLC now owns 1,578,048 shares of the technology company’s stock valued at $290,945,000 after acquiring an additional 978,000 shares in the last quarter. Invesco Ltd. raised its position in shares of BWX Technologies by 60.1% during the 3rd 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 last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in BWX Technologies in the 3rd quarter valued at approximately $163,969,000. Select Equity Group L.P. purchased a new position in BWX Technologies during the second quarter worth $68,902,000. Finally, Orion Porfolio Solutions LLC raised its holdings in shares of BWX Technologies by 1,353.1% in the second quarter. Orion Porfolio Solutions LLC now owns 363,757 shares of the technology company’s stock worth $52,403,000 after acquiring an additional 338,723 shares during the last quarter. 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 on Tuesday, May 12th. The stock was sold at an average price of $204.81, for a total value of $2,048,100.00. Following the transaction, the chief executive officer owned 202,491 shares in the company, valued at approximately $41,472,181.71. This trade represents a 4.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Kevin James Gorman sold 1,344 shares of the company’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $214.71, for a total value of $288,570.24. Following the sale, the chief accounting officer owned 114 shares of the company’s stock, valued at $24,476.94. This represents a 92.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 15,744 shares of company stock worth $3,256,101 over the last ninety days. 0.60% of the stock is owned by insiders.

BWX Technologies Trading Up 2.2%

Shares of BWXT stock opened at $211.34 on Friday. The firm’s 50-day simple moving average is $212.79 and its 200-day simple moving average is $199.90. The company has a debt-to-equity ratio of 1.58, a current ratio of 2.40 and a quick ratio of 2.33. BWX Technologies, Inc. has a 1-year low of $106.22 and a 1-year high of $241.82. The firm has a market cap of $19.36 billion, a P/E ratio of 56.51, a PEG ratio of 3.41 and a beta of 0.78.

BWX Technologies (NYSE:BWXTGet Free Report) last released its earnings results on Monday, May 4th. The technology company reported $1.12 earnings per share (EPS) 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 firm had revenue of $860.22 million during the quarter, compared to the consensus estimate of $837.47 million. During the same period in the previous year, the firm earned $0.91 earnings per share. BWX Technologies’s revenue was up 26.1% compared to the same quarter last year. BWX Technologies has set its FY 2026 guidance at 4.600-4.750 EPS. As a group, equities analysts forecast that BWX Technologies, Inc. will post 4.71 EPS for the current year.

BWX Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Tuesday, May 19th will be given a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Tuesday, May 19th. BWX Technologies’s dividend payout ratio (DPR) is 28.88%.

Analysts Set New Price Targets

Several brokerages recently weighed in on BWXT. TD Securities assumed coverage on shares of BWX Technologies in a research note on Thursday, March 12th. They issued a “buy” rating and a $230.00 target price for the company. TD Cowen assumed coverage on shares of BWX Technologies in a research note on Thursday, March 12th. They set a “buy” rating and a $230.00 price objective on the stock. 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. Bank of America lifted their target price on shares of BWX Technologies from $230.00 to $250.00 and gave the stock a “buy” rating in a research note on Wednesday, March 25th. Finally, Wall Street Zen upgraded BWX Technologies from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Two analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $217.96.

Get Our Latest Analysis on BWXT

BWX Technologies Profile

(Free Report)

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.

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Institutional Ownership by Quarter for BWX Technologies (NYSE:BWXT)

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