Heartland Advisors Inc. Buys Shares of 6,601 BWX Technologies, Inc. $BWXT

Heartland Advisors Inc. bought a new stake in BWX Technologies, Inc. (NYSE:BWXT) during the 2nd quarter, HoldingsChannel.com reports. The firm bought 6,601 shares of the technology company’s stock, valued at approximately $1,285,000.

A number of other institutional investors have also recently made changes to their positions in BWXT. Allworth Financial LP purchased a new stake in shares of BWX Technologies during the second quarter worth approximately $146,000. B. Metzler seel. Sohn & Co. AG acquired a new stake in BWX Technologies during the 2nd quarter worth $1,845,000. Kayne Anderson Capital Advisors LP acquired a new stake in BWX Technologies during the 2nd quarter worth $1,662,000. NFJ Investment Group LLC purchased a new stake in shares of BWX Technologies during the second quarter worth $39,270,000. Finally, Silvant Capital Management LLC acquired a new stake in shares of BWX Technologies in the second quarter valued at about $6,574,000. 94.39% of the stock is owned by institutional investors and hedge funds.

BWX Technologies Trading Up 0.3%

Shares of BWXT stock opened at $156.95 on Friday. The company’s 50-day moving average price is $180.70 and its 200-day moving average price is $197.41. The company has a current ratio of 2.40, a quick ratio of 2.33 and a debt-to-equity ratio of 1.51. The stock has a market cap of $14.38 billion, a price-to-earnings ratio of 40.66, a PEG ratio of 2.45 and a beta of 0.76. BWX Technologies, Inc. has a twelve month low of $154.59 and a twelve month high of $241.82.

BWX Technologies (NYSE:BWXT) last announced its quarterly earnings data on Monday, August 3rd. The technology company reported $1.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.04 by $0.03. BWX Technologies had a net margin of 10.11% and a return on equity of 30.83%. The firm had revenue of $901.62 million during the quarter, compared to analyst estimates of $902.41 million. During the same quarter in the prior year, the firm posted $1.02 earnings per share. BWX Technologies’s quarterly revenue was up 18.0% on a year-over-year basis. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. As a group, equities analysts predict that BWX Technologies, Inc. will post 4.75 earnings per share for the current year.

BWX Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Tuesday, August 18th will be paid a $0.27 dividend. The ex-dividend date of this dividend is Tuesday, August 18th. This represents a $1.08 annualized dividend and a dividend yield of 0.7%. BWX Technologies’s dividend payout ratio is 27.98%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Seaport Research Partners raised shares of BWX Technologies from a “neutral” rating to a “buy” rating and set a $245.00 price target on the stock in a research note on Monday, June 22nd. Weiss Ratings upgraded shares of BWX Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, August 12th. Truist Financial decreased their target price on shares of BWX Technologies from $212.00 to $202.00 and set a “hold” rating on the stock in a research note on Friday, August 14th. BTIG Research restated a “buy” rating and set a $235.00 target price on shares of BWX Technologies in a report on Tuesday, August 4th. Finally, Zacks Research lowered BWX Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 11th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $227.20.

Insider Activity

In other news, CEO Rex D. Geveden sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $172.50, for a total transaction of $1,725,000.00. Following the completion of the sale, the chief executive officer owned 192,491 shares in the company, valued at $33,204,697.50. This trade represents a 4.94% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is owned by corporate insiders.

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.