Victory Capital Management Inc. Lowers Stock Holdings in BWX Technologies, Inc. $BWXT

Victory Capital Management Inc. reduced its stake in BWX Technologies, Inc. (NYSE:BWXT) by 3.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 278,840 shares of the technology company’s stock after selling 8,909 shares during the quarter. Victory Capital Management Inc.’s holdings in BWX Technologies were worth $51,410,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BWXT. Global Trust Asset Management LLC purchased a new position in BWX Technologies during the third quarter valued at $32,000. WFA of San Diego LLC bought a new position in shares of BWX Technologies during the second quarter valued at $29,000. Hantz Financial Services Inc. increased its holdings in shares of BWX Technologies by 861.9% during the second quarter. Hantz Financial Services Inc. now owns 202 shares of the technology company’s stock valued at $29,000 after acquiring an additional 181 shares in the last quarter. Quent Capital LLC purchased a new position in shares of BWX Technologies in the 3rd quarter worth about $43,000. Finally, Root Financial Partners LLC purchased a new position in shares of BWX Technologies in the 3rd quarter worth about $51,000. Institutional investors own 94.39% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently commented on BWXT shares. Truist Financial set a $205.00 price objective on shares of BWX Technologies in a research report on Friday, January 9th. CJS Securities raised shares of BWX Technologies to a “strong-buy” rating in a report on Friday, December 12th. Wall Street Zen cut shares of BWX Technologies from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Weiss Ratings raised shares of BWX Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 25th. Finally, Zacks Research upgraded shares of BWX Technologies from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 21st. Three investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $200.45.

BWX Technologies Price Performance

Shares of NYSE:BWXT opened at $195.65 on Friday. 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 50-day simple moving average of $201.04 and a two-hundred day simple moving average of $188.45. The company has a debt-to-equity ratio of 1.64, a quick ratio of 2.25 and a current ratio of 2.32. The firm has a market cap of $17.89 billion, a price-to-earnings ratio of 54.80, a price-to-earnings-growth ratio of 3.19 and a beta of 0.83.

BWX Technologies (NYSE:BWXT) last announced its quarterly earnings results on Monday, February 23rd. The technology company reported $1.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.91 by $0.17. BWX Technologies had a net margin of 10.28% and a return on equity of 30.94%. The firm had revenue of $885.84 million for the quarter, compared to the consensus estimate of $837.47 million. During the same quarter last year, the firm posted $0.92 EPS. The business’s quarterly 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. On average, analysts expect that BWX Technologies, Inc. will post 3.23 earnings per share for the current 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 issued a $0.27 dividend. This is an increase from BWX Technologies’s previous quarterly dividend of $0.25. This represents a $1.08 annualized dividend and a yield of 0.6%. The ex-dividend date is Wednesday, March 11th. BWX Technologies’s dividend payout ratio is 28.01%.

Insider Buying and Selling

In other BWX Technologies news, CAO Kevin James Gorman sold 1,344 shares of BWX Technologies stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $214.71, for a total value of $288,570.24. Following the completion of the sale, the chief accounting officer owned 114 shares of the company’s stock, valued at approximately $24,476.94. The trade was a 92.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Gerhard F. Burbach sold 1,983 shares of the business’s stock in a transaction 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. Over the last quarter, insiders have sold 13,327 shares of company stock worth $2,734,844. 0.47% of the stock is owned by insiders.

BWX Technologies 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.