Royal Bank of Canada Has $89.17 Million Position in BWX Technologies, Inc. $BWXT

Royal Bank of Canada lessened its holdings in shares of BWX Technologies, Inc. (NYSE:BWXT) by 12.8% in the first quarter, HoldingsChannel.com reports. The firm owned 436,073 shares of the technology company’s stock after selling 64,199 shares during the period. Royal Bank of Canada’s holdings in BWX Technologies were worth $89,171,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Ranger Investment Management L.P. acquired a new position in shares of BWX Technologies during the first quarter valued at about $11,991,000. Rithm Capital Corp. bought a new stake in shares of BWX Technologies during the first quarter worth about $532,000. Empowered Funds LLC raised its holdings in shares of BWX Technologies by 4.9% in the 1st quarter. Empowered Funds LLC now owns 57,183 shares of the technology company’s stock worth $11,693,000 after acquiring an additional 2,653 shares during the last quarter. Quantinno Capital Management LP raised its holdings in shares of BWX Technologies by 2.5% in the 1st quarter. Quantinno Capital Management LP now owns 60,770 shares of the technology company’s stock worth $12,427,000 after acquiring an additional 1,501 shares during the last quarter. Finally, Clough Capital Partners L P raised its holdings in shares of BWX Technologies by 12.2% in the 1st quarter. Clough Capital Partners L P now owns 111,731 shares of the technology company’s stock worth $22,848,000 after acquiring an additional 12,121 shares during the last quarter. Institutional investors and hedge funds own 94.39% of the company’s stock.

BWX Technologies Stock Performance

Shares of BWXT stock opened at $168.85 on Friday. The firm has a 50-day moving average of $188.03 and a 200-day moving average of $201.81. The company has a market cap of $15.47 billion, a P/E ratio of 45.15, a P/E/G ratio of 2.82 and a beta of 0.74. 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 one year low of $143.07 and a one year high of $241.82.

BWX Technologies (NYSE:BWXT) last released its quarterly earnings results on Monday, May 4th. The technology company reported $1.12 earnings per share 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 company had revenue of $860.22 million for the quarter, compared to analyst estimates of $837.47 million. During the same period last year, the firm earned $0.91 earnings per share. The firm’s revenue was up 26.1% on a year-over-year basis. BWX Technologies has set its FY 2026 guidance at 4.600-4.750 EPS. Equities research analysts forecast that BWX Technologies, Inc. will post 4.61 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. 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 note on Friday, May 15th. Seaport Research Partners raised BWX Technologies from a “neutral” rating to a “buy” rating and set a $245.00 price objective for the company in a research note on Monday, June 22nd. Zacks Research lowered BWX Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. Weiss Ratings lowered BWX Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday. Finally, Wall Street Zen raised BWX Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $228.20.

Insider Activity

In other BWX Technologies news, CFO Michael Thomas Fitzgerald sold 2,417 shares of the stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $209.25, for a total value of $505,757.25. Following the completion of the sale, the chief financial officer owned 6,884 shares in the company, valued at approximately $1,440,477. This trade represents a 25.99% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Rex D. Geveden sold 10,000 shares of BWX Technologies stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $204.81, for a total transaction of $2,048,100.00. Following the transaction, the chief executive officer directly owned 202,491 shares in the company, valued at approximately $41,472,181.71. This represents a 4.71% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.60% of the company’s stock.

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.