13,453 Shares in BWX Technologies, Inc. $BWXT Acquired by M.D. Sass LLC

M.D. Sass LLC purchased a new position in shares of BWX Technologies, Inc. (NYSE:BWXT) in the second quarter, according to its most recent filing with the SEC. The firm purchased 13,453 shares of the technology company’s stock, valued at approximately $2,619,000.

Several other hedge funds have also recently made changes to their positions in BWXT. Goldman Sachs Group Inc. raised its stake in BWX Technologies by 0.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 141,680 shares of the technology company’s stock worth $13,977,000 after buying an additional 371 shares during the period. Caxton Associates LLP acquired a new stake in BWX Technologies in the first quarter valued at approximately $304,000. Flow Traders U.S. LLC bought a new stake in shares of BWX Technologies during the second quarter valued at approximately $404,000. NewEdge Advisors LLC increased its holdings in shares of BWX Technologies by 670.0% during the second quarter. NewEdge Advisors LLC now owns 7,030 shares of the technology company’s stock valued at $1,013,000 after acquiring an additional 6,117 shares in the last quarter. Finally, Sei Investments Co. raised its position in shares of BWX Technologies by 44.9% during the second quarter. Sei Investments Co. now owns 256,969 shares of the technology company’s stock worth $37,018,000 after purchasing an additional 79,646 shares during the period. 94.39% of the stock is owned by institutional investors.

BWX Technologies Price Performance

Shares of NYSE:BWXT opened at $165.09 on Wednesday. The firm has a market capitalization of $15.13 billion, a PE ratio of 42.77, a P/E/G ratio of 2.71 and a beta of 0.76. The company has a quick ratio of 2.33, a current ratio of 2.40 and a debt-to-equity ratio of 1.51. The company has a 50-day moving average price of $182.62 and a two-hundred day moving average price of $198.37. BWX Technologies, Inc. has a twelve month low of $157.10 and a twelve month high of $241.82.

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

BWX Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Tuesday, August 18th will be issued 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 is Tuesday, August 18th. BWX Technologies’s payout ratio is presently 27.98%.

Insider Activity

In related news, CEO Rex D. Geveden sold 10,000 shares of BWX Technologies stock in a transaction on 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 transaction, 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 document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.60% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on BWXT. Weiss Ratings raised shares of BWX Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, August 12th. BTIG Research restated a “buy” rating and issued a $235.00 target price on shares of BWX Technologies in a report on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft raised shares of BWX Technologies from a “hold” rating to a “buy” rating and raised their price target for the company from $205.00 to $255.00 in a research report on Friday, May 15th. JPMorgan Chase & Co. initiated coverage on BWX Technologies in a research note on Monday, July 27th. They issued an “overweight” rating and a $230.00 price objective for the company. Finally, Wall Street Zen lowered BWX Technologies from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $227.20.

About BWX Technologies

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.