BWX Technologies, Inc. (NYSE:BWXT – Get Free Report)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as $239.64 and last traded at $238.8240, with a volume of 224500 shares traded. The stock had previously closed at $232.83.
Analyst Ratings Changes
BWXT has been the subject of a number of recent research reports. TD Cowen began coverage on BWX Technologies in a report on Thursday, March 12th. They set a “buy” rating and a $230.00 price objective for the company. Wells Fargo & Company began coverage on BWX Technologies in a report on Wednesday, April 1st. They set an “underweight” rating and a $200.00 price target for the company. BNP Paribas Exane initiated coverage on BWX Technologies in a research note on Thursday, January 15th. They set a “neutral” rating and a $215.00 price objective on the stock. BTIG Research lifted their price objective 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. Finally, Wall Street Zen downgraded shares of BWX Technologies from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Three equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $207.60.
Get Our Latest Research Report on BWX Technologies
BWX Technologies Stock Performance
BWX Technologies (NYSE:BWXT – Get Free Report) last released its earnings results on Monday, February 23rd. The technology company reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $0.91 by $0.17. The company had revenue of $885.84 million for the quarter, compared to analysts’ expectations of $837.47 million. BWX Technologies had a return on equity of 30.94% and a net margin of 10.28%.The business’s revenue for the quarter was up 18.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.92 EPS. BWX Technologies has set its FY 2026 guidance at 4.550-4.700 EPS. As a group, equities research analysts forecast that BWX Technologies, Inc. will post 3.23 earnings per share for the current year.
BWX Technologies Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Wednesday, March 11th were paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Wednesday, March 11th. This is an increase from BWX Technologies’s previous quarterly dividend of $0.25. BWX Technologies’s dividend payout ratio (DPR) is 30.25%.
Insider Activity at BWX Technologies
In other news, Director Gerhard F. Burbach sold 1,983 shares of the stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $208.61, for a total transaction of $413,673.63. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Rex D. Geveden sold 10,000 shares of the company’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $203.26, for a total transaction of $2,032,600.00. Following the sale, the chief executive officer directly owned 177,594 shares in the company, valued at approximately $36,097,756.44. This trade represents a 5.33% decrease in their ownership of the stock. 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. Insiders own 0.60% of the company’s stock.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of the business. Massachusetts Financial Services Co. MA boosted its position in shares of BWX Technologies by 26.0% in the third quarter. Massachusetts Financial Services Co. MA now owns 1,159,033 shares of the technology company’s stock valued at $213,691,000 after acquiring an additional 239,292 shares during the period. Eos Management L.P. lifted its stake in BWX Technologies by 27.9% in the 3rd quarter. Eos Management L.P. now owns 25,894 shares of the technology company’s stock worth $4,774,000 after purchasing an additional 5,644 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in BWX Technologies by 51.1% in the 3rd quarter. Principal Financial Group Inc. now owns 313,192 shares of the technology company’s stock valued at $57,743,000 after purchasing an additional 105,879 shares during the period. Thrivent Financial for Lutherans boosted its holdings in BWX Technologies by 7.3% in the 3rd quarter. Thrivent Financial for Lutherans now owns 669,636 shares of the technology company’s stock valued at $123,460,000 after purchasing an additional 45,667 shares during the period. Finally, JPMorgan Chase & Co. grew its position in shares of BWX Technologies by 32.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 339,939 shares of the technology company’s stock valued at $62,675,000 after purchasing an additional 84,085 shares in the last quarter. 94.39% of the stock is currently owned by hedge funds and other institutional investors.
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.
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