BWX Technologies (NYSE:BWXT) Rating Increased to Strong-Buy at Guggenheim

Guggenheim upgraded shares of BWX Technologies (NYSE:BWXT) to a strong-buy rating in a research note released on Monday,Zacks reports.

A number of other equities research analysts have also recently issued reports on BWXT. Wells Fargo & Company raised shares of BWX Technologies from an “underweight” rating to an “equal weight” rating and dropped their price target for the company from $200.00 to $170.00 in a research note on Thursday, August 27th. Seaport Research Partners raised shares of BWX Technologies from a “neutral” rating to a “buy” rating and set a $245.00 price objective on the stock in a report on Monday, June 22nd. Jefferies Financial Group initiated coverage on shares of BWX Technologies in a research note on Thursday, September 3rd. They set a “buy” rating and a $181.00 target price for the company. Wall Street Zen downgraded shares of BWX Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Finally, BTIG Research reiterated a “buy” rating and set a $235.00 price objective on shares of BWX Technologies in a research note on Tuesday, August 4th. Two analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $217.92.

BWX Technologies Price Performance

Shares of BWX Technologies stock opened at $145.33 on Monday. The firm has a market cap of $13.32 billion, a PE ratio of 37.65, a P/E/G ratio of 2.30 and a beta of 0.75. BWX Technologies has a twelve month low of $144.33 and a twelve month high of $241.82. 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 business has a 50-day moving average price of $164.90 and a 200 day moving average price of $191.32.

BWX Technologies (NYSE:BWXT) last issued its quarterly earnings data on Monday, August 3rd. The technology company reported $1.07 EPS for the quarter, beating the consensus estimate of $1.04 by $0.03. The company 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%.BWX Technologies’s quarterly revenue was up 18.0% compared to the same quarter last year. During the same period last year, the company earned $1.02 earnings per share. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. Sell-side analysts predict that BWX Technologies will post 4.75 earnings per share for the current fiscal year.

BWX Technologies Announces Dividend

The business 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. This represents a $1.08 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Tuesday, August 18th. BWX Technologies’s payout ratio is currently 27.98%.

Insider Activity

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Cannell & Spears LLC boosted its stake in BWX Technologies by 4.0% in the 1st quarter. Cannell & Spears LLC now owns 1,312 shares of the technology company’s stock worth $251,000 after purchasing an additional 50 shares during the period. Private Advisor Group LLC increased its position in BWX Technologies by 2.4% in the 1st 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 during the last quarter. Moors & Cabot Inc. raised its position in BWX Technologies by 3.7% during the fourth quarter. Moors & Cabot Inc. now owns 2,040 shares of the technology company’s stock valued at $353,000 after acquiring an additional 72 shares in the last quarter. Beck Capital Management LLC lifted its stake in shares of BWX Technologies by 0.3% in the 4th quarter. Beck Capital Management LLC now owns 25,032 shares of the technology company’s stock valued at $4,327,000 after purchasing an additional 72 shares during the last quarter. Finally, Modera Wealth Management LLC lifted its position in shares of BWX Technologies by 4.6% in the first quarter. Modera Wealth Management LLC now owns 1,757 shares of the technology company’s stock worth $359,000 after buying an additional 77 shares during the last quarter. Institutional investors and hedge funds own 94.39% of the company’s stock.

About BWX Technologies

BWX Technologies, Inc (NYSE: BWXT) is a technology and manufacturing company that specializes in nuclear components, systems and services. The company primarily serves government and commercial customers in the nuclear energy, national security and medical markets.

BWXT is a major supplier to the U.S. government and supports the U.S. Navy’s nuclear propulsion program by designing and manufacturing nuclear reactors and related components for naval vessels. Its offerings also include nuclear fuel, reactor components, engineering and maintenance services, and technologies intended for advanced and small modular reactors.

Through its commercial and medical businesses, BWXT provides nuclear equipment and services for civilian power generation, produces medical radioisotopes and related technologies, and supports research and other specialized applications.