VIRGINIA RETIREMENT SYSTEMS ET Al Invests $4.79 Million in BWX Technologies, Inc. $BWXT

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in BWX Technologies, Inc. (NYSE:BWXT) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 24,620 shares of the technology company’s stock, valued at approximately $4,792,000.

Several other institutional investors and hedge funds have also modified their holdings of BWXT. Transamerica Financial Advisors LLC acquired a new stake in BWX Technologies during the second quarter worth approximately $26,000. WFA of San Diego LLC purchased a new stake in BWX Technologies in the 2nd quarter worth approximately $29,000. MV Capital Management Inc. acquired a new position in BWX Technologies in the 4th quarter valued at $32,000. Tucker Asset Management LLC acquired a new position in BWX Technologies in the 4th quarter valued at $36,000. Finally, Stonehage Fleming Financial Services Holdings Ltd purchased a new position in shares of BWX Technologies during the 2nd quarter worth $40,000. Hedge funds and other institutional investors own 94.39% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on BWXT shares. Weiss Ratings cut BWX Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, August 26th. BTIG Research reiterated a “buy” rating and issued a $235.00 target price on shares of BWX Technologies in a research note on Tuesday, August 4th. Truist Financial reduced their target price on BWX Technologies from $212.00 to $202.00 and set a “hold” rating on the stock in a research report on Friday, August 14th. Wells Fargo & Company upgraded BWX Technologies from an “underweight” rating to an “equal weight” rating and lowered their price target for the company from $200.00 to $170.00 in a report on Thursday, August 27th. Finally, Jefferies Financial Group assumed coverage on shares of BWX Technologies in a research note on Thursday, September 3rd. They set a “buy” rating and a $181.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, BWX Technologies has an average rating of “Moderate Buy” and an average target price of $220.27.

BWX Technologies Trading Up 1.8%

BWXT stock opened at $160.41 on Wednesday. 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 market cap of $14.70 billion, a price-to-earnings ratio of 41.56, a PEG ratio of 2.47 and a beta of 0.75. The business has a fifty day simple moving average of $169.71 and a 200-day simple moving average of $193.68. BWX Technologies, Inc. has a 52 week low of $147.74 and a 52 week high of $241.82.

BWX Technologies (NYSE:BWXT) last issued 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. The firm had revenue of $901.62 million for the quarter, compared to analysts’ expectations of $902.41 million. BWX Technologies had a return on equity of 30.83% and a net margin of 10.11%.The firm’s revenue for the quarter was up 18.0% compared to the same quarter last year. During the same quarter last year, the firm earned $1.02 earnings per share. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. On average, equities research analysts expect that BWX Technologies, Inc. will post 4.75 EPS for the current year.

BWX Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, August 18th were issued a dividend of $0.27 per share. The ex-dividend date was Tuesday, August 18th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.7%. BWX Technologies’s payout ratio is presently 27.98%.

Insider Activity

In related news, CEO Rex D. Geveden sold 10,000 shares of the stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $172.50, for a total transaction of $1,725,000.00. Following the completion of the sale, the chief executive officer owned 192,491 shares of the company’s stock, valued at approximately $33,204,697.50. This represents a 4.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.60% of the company’s stock.

BWX Technologies 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.