Sanctuary Advisors LLC Buys New Shares in BWX Technologies, Inc. $BWXT

Sanctuary Advisors LLC acquired a new position in shares of BWX Technologies, Inc. (NYSE:BWXT) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 80,196 shares of the technology company’s stock, valued at approximately $15,610,000. Sanctuary Advisors LLC owned 0.09% of BWX Technologies at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Barbara Oil Co. acquired a new position in BWX Technologies in the second quarter valued at $2,253,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in BWX Technologies during the second quarter worth about $1,494,000. Meiji Yasuda Asset Management Co Ltd. purchased a new position in shares of BWX Technologies in the 2nd quarter worth about $411,000. Globeflex Capital L P purchased a new position in shares of BWX Technologies in the 2nd quarter worth about $80,000. Finally, Twin Tree Management LP acquired a new position in shares of BWX Technologies in the 2nd quarter valued at about $709,000. 94.39% of the stock is owned by hedge funds and other institutional investors.

BWX Technologies Stock Up 0.1%

Shares of BWX Technologies stock opened at $156.95 on Monday. The business has a 50-day moving average of $180.70 and a 200-day moving average of $197.34. The company has a debt-to-equity ratio of 1.51, a current ratio of 2.40 and a quick ratio of 2.33. The company has a market capitalization of $14.38 billion, a PE ratio of 40.66, a P/E/G ratio of 2.45 and a beta of 0.76. BWX Technologies, Inc. has a 1-year low of $154.59 and a 1-year high of $241.82.

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

BWX Technologies Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on BWXT shares. Truist Financial decreased their price objective on shares of BWX Technologies from $212.00 to $202.00 and set a “hold” rating for the company in a research note on Friday, August 14th. Wall Street Zen downgraded BWX Technologies from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. JPMorgan Chase & Co. began coverage on BWX Technologies in a research report on Monday, July 27th. They issued an “overweight” rating and a $230.00 price objective on the stock. Weiss Ratings upgraded BWX Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, August 12th. Finally, Deutsche Bank Aktiengesellschaft raised BWX Technologies from a “hold” rating to a “buy” rating and upped their target price for the stock from $205.00 to $255.00 in a research report on Friday, May 15th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, BWX Technologies has an average rating of “Moderate Buy” and a consensus price target of $227.20.

Insider Activity

In other news, CEO Rex D. Geveden sold 10,000 shares of the stock in a transaction that occurred 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 completion of the transaction, the chief executive officer directly owned 192,491 shares in the company, valued at approximately $33,204,697.50. This represents a 4.94% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is currently owned by insiders.

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.