BWX Technologies, Inc. $BWXT Stock Acquired by Vest Financial LLC

Vest Financial LLC lifted its holdings in BWX Technologies, Inc. (NYSE:BWXT) by 138.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,895 shares of the technology company’s stock after buying an additional 13,312 shares during the quarter. Vest Financial LLC’s holdings in BWX Technologies were worth $3,137,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Crossmark Global Holdings Inc. increased its holdings in shares of BWX Technologies by 6.5% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 4,617 shares of the technology company’s stock valued at $633,000 after purchasing an additional 280 shares in the last quarter. Quadrant Capital Group LLC lifted its stake in shares of BWX Technologies by 2.7% in the third quarter. Quadrant Capital Group LLC now owns 5,744 shares of the technology company’s stock valued at $798,000 after purchasing an additional 150 shares during the period. New Wave Wealth Advisors LLC lifted its stake in shares of BWX Technologies by 12.5% in the third quarter. New Wave Wealth Advisors LLC now owns 3,352 shares of the technology company’s stock valued at $465,000 after purchasing an additional 373 shares during the period. Herold Advisors Inc. boosted its holdings in BWX Technologies by 50.9% during the third quarter. Herold Advisors Inc. now owns 5,616 shares of the technology company’s stock worth $769,000 after buying an additional 1,895 shares in the last quarter. Finally, Arkfeld Wealth Strategies L.L.C. boosted its holdings in BWX Technologies by 4.1% during the third quarter. Arkfeld Wealth Strategies L.L.C. now owns 23,025 shares of the technology company’s stock worth $3,259,000 after buying an additional 908 shares in the last quarter. Institutional investors and hedge funds own 94.39% of the company’s stock.

Insider Activity

In related news, CEO Rex D. Geveden sold 10,000 shares of the 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 sale, the chief executive officer owned 192,491 shares of the company’s stock, valued at $33,204,697.50. This trade represents a 4.94% decrease in their ownership of the stock. The transaction was disclosed in a legal 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 owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on BWXT shares. BTIG Research restated a “buy” rating and set a $235.00 target price on shares of BWX Technologies in a research report on Wednesday, September 30th. Citigroup reiterated an “outperform” rating on shares of BWX Technologies in a research report on Wednesday, September 30th. Jefferies Financial Group started coverage on BWX Technologies in a research note on Thursday, September 3rd. They set a “buy” rating and a $181.00 price target on the stock. Weiss Ratings lowered BWX Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, August 26th. Finally, Truist Financial lowered their price target on BWX Technologies from $202.00 to $182.00 and set a “hold” rating on the stock in a report on Tuesday, October 6th. 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 company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $205.00.

BWX Technologies Trading Down 0.0%

Shares of BWX Technologies stock opened at $127.27 on Friday. BWX Technologies, Inc. has a 1 year low of $123.05 and a 1 year high of $241.82. 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 business has a 50 day moving average price of $146.42 and a 200 day moving average price of $178.94. The company has a market capitalization of $11.66 billion, a P/E ratio of 32.97, a P/E/G ratio of 1.80 and a beta of 0.74.

BWX Technologies (NYSE:BWXT) last announced its earnings results on Monday, August 3rd. The technology company reported $1.07 EPS 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%. BWX Technologies’s quarterly revenue was up 18.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.02 EPS. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. Sell-side analysts anticipate that BWX Technologies, Inc. will post 4.75 EPS for the current fiscal year.

BWX Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, August 18th were given a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Tuesday, August 18th. BWX Technologies’s dividend payout ratio is currently 27.98%.

BWX Technologies Company Profile

BWX Technologies, Inc (NYSE: BWXT) is a specialty manufacturer and services provider focused on nuclear technology. The company designs and manufactures nuclear reactors, reactor components, nuclear fuel and related equipment, with a major emphasis on highly engineered systems used in naval and commercial applications.

BWXT is a key supplier to the U.S. government, supporting the U.S. Navy’s nuclear-powered aircraft carriers and submarines through reactor design, component manufacturing, fuel production, maintenance and life-cycle services.