California State Teachers Retirement System Acquires 20,611,537 Shares of BWX Technologies, Inc. $BWXT

California State Teachers Retirement System grew its stake in shares of BWX Technologies, Inc. (NYSE:BWXT) by 19,438.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 20,717,573 shares of the technology company’s stock after purchasing an additional 20,611,537 shares during the period. California State Teachers Retirement System owned approximately 0.23% of BWX Technologies worth $4,032,676,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of BWXT. HB Wealth Management LLC boosted its stake in BWX Technologies by 4.5% during the 2nd quarter. HB Wealth Management LLC now owns 3,659 shares of the technology company’s stock valued at $712,000 after purchasing an additional 158 shares during the last quarter. AXQ Capital LP bought a new position in shares of BWX Technologies during the 2nd quarter valued at approximately $1,858,000. Symphony Financial Ltd. Co. purchased a new stake in BWX Technologies in the second quarter worth $211,000. Camelot Portfolios LLC purchased a new stake in BWX Technologies in the 2nd quarter worth about $779,000. Finally, Susquehanna Fundamental Investments LLC increased its stake in shares of BWX Technologies by 200.2% in the second quarter. Susquehanna Fundamental Investments LLC now owns 68,388 shares of the technology company’s stock worth $13,312,000 after purchasing an additional 45,605 shares in the last quarter. 94.39% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other BWX Technologies news, CEO Rex D. Geveden sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $172.50, for a total value of $1,725,000.00. Following the completion of the sale, the chief executive officer owned 192,491 shares of the company’s stock, valued at $33,204,697.50. This trade represents a 4.94% decrease in their ownership of the stock. The sale was disclosed in a document filed 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 insiders.

BWX Technologies Trading Down 2.9%

Shares of NYSE:BWXT opened at $152.23 on Friday. The stock’s fifty day moving average price is $168.24 and its 200-day moving average price is $192.93. The company has a debt-to-equity ratio of 1.51, a current ratio of 2.40 and a quick ratio of 2.33. The company has a market cap of $13.95 billion, a P/E ratio of 39.44, a PEG ratio of 2.45 and a beta of 0.75. BWX Technologies, Inc. has a 1 year low of $147.74 and a 1 year high of $241.82.

BWX Technologies (NYSE:BWXT) last issued its quarterly earnings data on Monday, August 3rd. The technology company reported $1.07 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts’ expectations of $902.41 million. During the same quarter in the prior year, the business earned $1.02 EPS. The business’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. Sell-side analysts expect that BWX Technologies, Inc. will post 4.75 earnings per share for the current year.

BWX Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, August 18th were paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Tuesday, August 18th. BWX Technologies’s dividend payout ratio (DPR) is presently 27.98%.

Analyst Upgrades and Downgrades

BWXT has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft upgraded BWX Technologies from a “hold” rating to a “buy” rating and lifted their price target for the company from $205.00 to $255.00 in a research report on Friday, May 15th. Seaport Research Partners raised shares of BWX Technologies from a “neutral” rating to a “buy” rating and set a $245.00 price objective for the company in a report on Monday, June 22nd. Wells Fargo & Company upgraded BWX Technologies from an “underweight” rating to an “equal weight” rating and dropped their target price for the stock from $200.00 to $170.00 in a research report on Thursday, August 27th. Weiss Ratings lowered shares of BWX Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, August 26th. Finally, Wall Street Zen lowered BWX Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, BWX Technologies has an average rating of “Moderate Buy” and an average target price of $220.27.

BWX Technologies Profile

BWX Technologies, Inc (NYSE: BWXT) is a technology and manufacturing company that specializes in nuclear components, systems and services. The company primarily serves government and commercial customers in the nuclear energy, national security and medical markets.

BWXT is a major supplier to the U.S. government and supports the U.S. Navy’s nuclear propulsion program by designing and manufacturing nuclear reactors and related components for naval vessels. Its offerings also include nuclear fuel, reactor components, engineering and maintenance services, and technologies intended for advanced and small modular reactors.

Through its commercial and medical businesses, BWXT provides nuclear equipment and services for civilian power generation, produces medical radioisotopes and related technologies, and supports research and other specialized applications.