Cookson Peirce & Co. Inc. Boosts Stock Position in BWX Technologies, Inc. $BWXT

Cookson Peirce & Co. Inc. boosted its position in BWX Technologies, Inc. (NYSE:BWXT) by 19.9% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 140,906 shares of the technology company’s stock after purchasing an additional 23,393 shares during the quarter. Cookson Peirce & Co. Inc. owned approximately 0.15% of BWX Technologies worth $27,427,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of BWXT. Cannell & Spears LLC raised its stake in shares of BWX Technologies by 4.0% during the 1st quarter. Cannell & Spears LLC now owns 1,312 shares of the technology company’s stock worth $251,000 after acquiring an additional 50 shares in the last quarter. Wedbush Securities Inc. boosted its stake in BWX Technologies by 4.3% in the fourth quarter. Wedbush Securities Inc. now owns 1,263 shares of the technology company’s stock valued at $218,000 after acquiring an additional 52 shares in the last quarter. Oppenheimer Asset Management Inc. grew its holdings in BWX Technologies by 1.0% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 5,448 shares of the technology company’s stock worth $942,000 after purchasing an additional 54 shares during the last quarter. Guggenheim Capital LLC grew its holdings in BWX Technologies by 2.2% in the fourth quarter. Guggenheim Capital LLC now owns 2,598 shares of the technology company’s stock worth $449,000 after purchasing an additional 55 shares during the last quarter. Finally, Private Advisor Group LLC increased its position in shares of BWX Technologies by 2.4% during the first quarter. Private Advisor Group LLC now owns 2,847 shares of the technology company’s stock worth $582,000 after purchasing an additional 67 shares in the last quarter. 94.39% of the stock is currently owned by institutional investors.

BWX Technologies Trading Down 1.8%

Shares of BWX Technologies stock opened at $153.12 on Friday. 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 firm has a fifty day moving average price of $175.83 and a 200 day moving average price of $195.80. BWX Technologies, Inc. has a 1 year low of $147.74 and a 1 year high of $241.82. The stock has a market cap of $14.03 billion, a PE ratio of 39.67, a price-to-earnings-growth ratio of 2.39 and a beta of 0.76.

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

BWX Technologies Announces Dividend

The business 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 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Tuesday, August 18th. BWX Technologies’s payout ratio is 27.98%.

Insider Activity at BWX Technologies

In other news, CEO Rex D. Geveden sold 10,000 shares of the company’s stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $172.50, for a total value of $1,725,000.00. Following the sale, the chief executive officer owned 192,491 shares in the company, valued at $33,204,697.50. This represents a 4.94% decrease in their ownership of the stock. The sale was disclosed in a filing 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. 0.60% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research firms have recently weighed in on BWXT. BTIG Research reissued a “buy” rating and issued a $235.00 price objective on shares of BWX Technologies in a research report on Tuesday, August 4th. Wall Street Zen lowered BWX Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Truist Financial decreased their price target on BWX Technologies from $212.00 to $202.00 and set a “hold” rating for the company in a research note on Friday, August 14th. Wells Fargo & Company upgraded BWX Technologies from an “underweight” rating to an “equal weight” rating and dropped their price target for the stock from $200.00 to $170.00 in a research note on Thursday. Finally, Seaport Research Partners raised shares of BWX Technologies from a “neutral” rating to a “buy” rating and set a $245.00 price objective for the company in a research report on Monday, June 22nd. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $224.20.

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.