BWX Technologies, Inc. (NYSE:BWXT – Get Free Report)’s share price reached a new 52-week low on Thursday . The stock traded as low as $156.18 and last traded at $156.74, with a volume of 306961 shares traded. The stock had previously closed at $162.26.
Wall Street Analyst Weigh In
Several equities research analysts have commented on the stock. Zacks Research lowered shares of BWX Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 11th. Wall Street Zen downgraded BWX Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Weiss Ratings raised BWX Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, August 12th. JPMorgan Chase & Co. began coverage on BWX Technologies in a report on Monday, July 27th. They issued an “overweight” rating and a $230.00 target price for the company. Finally, BTIG Research reiterated a “buy” rating and set a $235.00 price target on shares of BWX Technologies in a report on Tuesday, August 4th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $227.20.
Get Our Latest Research Report on BWX Technologies
BWX Technologies Trading Down 4.4%
BWX Technologies (NYSE:BWXT – Get Free Report) last issued its quarterly earnings results on Monday, August 3rd. The technology company reported $1.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.04 by $0.03. The company had revenue of $901.62 million during the quarter, compared to analyst estimates of $902.41 million. BWX Technologies had a net margin of 10.11% and a return on equity of 30.83%. BWX Technologies’s quarterly revenue was up 18.0% compared to the same quarter last year. During the same quarter last year, the business posted $1.02 EPS. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. On average, sell-side analysts expect that BWX Technologies, Inc. will post 4.75 EPS for the current year.
BWX Technologies Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Tuesday, August 18th will be paid a $0.27 dividend. The ex-dividend date is Tuesday, August 18th. This represents a $1.08 annualized dividend and a dividend yield of 0.7%. BWX Technologies’s payout ratio is presently 27.98%.
Insider Activity
In other news, CEO Rex D. Geveden sold 10,000 shares of the company’s stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $172.50, for a total transaction of $1,725,000.00. Following the transaction, the chief executive officer owned 192,491 shares of the company’s stock, valued at $33,204,697.50. This represents a 4.94% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is currently owned by insiders.
Institutional Investors Weigh In On BWX Technologies
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BWXT. MGO One Seven LLC grew its stake in BWX Technologies by 354.7% in the 4th quarter. MGO One Seven LLC now owns 17,695 shares of the technology company’s stock valued at $3,058,000 after buying an additional 13,803 shares in the last quarter. Intech Investment Management LLC boosted its holdings in shares of BWX Technologies by 22.7% in the fourth quarter. Intech Investment Management LLC now owns 32,668 shares of the technology company’s stock worth $5,646,000 after acquiring an additional 6,053 shares during the period. Ranger Investment Management L.P. purchased a new position in shares of BWX Technologies in the first quarter valued at $11,991,000. M.D. Sass LLC purchased a new position in shares of BWX Technologies in the second quarter valued at $2,619,000. Finally, Mizuho Markets Americas LLC bought a new stake in shares of BWX Technologies during the 4th quarter valued at $36,097,000. 94.39% of the stock is currently owned by institutional investors.
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.
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