16,393 Shares in BWX Technologies, Inc. $BWXT Purchased by Mirabella Financial Services LLP

Mirabella Financial Services LLP purchased a new position in shares of BWX Technologies, Inc. (NYSE:BWXT) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 16,393 shares of the technology company’s stock, valued at approximately $2,362,000.

Other large investors have also made changes to their positions in the company. HHM Wealth Advisors LLC lifted its holdings in shares of BWX Technologies by 17.9% in the 2nd quarter. HHM Wealth Advisors LLC now owns 460 shares of the technology company’s stock valued at $66,000 after buying an additional 70 shares during the period. JT Stratford LLC raised its position in BWX Technologies by 2.5% during the second quarter. JT Stratford LLC now owns 2,927 shares of the technology company’s stock valued at $422,000 after acquiring an additional 72 shares in the last quarter. Intrua Financial LLC lifted its holdings in BWX Technologies by 3.9% in the first quarter. Intrua Financial LLC now owns 2,625 shares of the technology company’s stock valued at $259,000 after acquiring an additional 99 shares during the period. Oakworth Capital Inc. boosted its position in BWX Technologies by 10.0% in the 2nd quarter. Oakworth Capital Inc. now owns 1,105 shares of the technology company’s stock worth $159,000 after purchasing an additional 100 shares in the last quarter. Finally, Louisiana State Employees Retirement System grew its stake in shares of BWX Technologies by 0.4% during the 2nd quarter. Louisiana State Employees Retirement System now owns 25,700 shares of the technology company’s stock worth $3,702,000 after purchasing an additional 100 shares during the period. 94.39% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CEO Rex D. Geveden sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $197.90, for a total transaction of $1,979,000.00. Following the transaction, the chief executive officer directly owned 187,594 shares in the company, valued at $37,124,852.60. The trade was a 5.06% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.47% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of analysts recently issued reports on BWXT shares. Deutsche Bank Aktiengesellschaft set a $180.00 price target on shares of BWX Technologies and gave the stock a “hold” rating in a report on Wednesday, October 8th. William Blair reissued an “outperform” rating on shares of BWX Technologies in a research note on Wednesday, September 17th. Weiss Ratings restated a “buy (b-)” rating on shares of BWX Technologies in a research note on Monday. Bank of America raised their price objective on BWX Technologies from $220.00 to $230.00 and gave the company a “buy” rating in a report on Thursday, November 13th. Finally, Wedbush reiterated an “outperform” rating on shares of BWX Technologies in a research report on Wednesday, October 1st. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $184.83.

BWX Technologies Stock Up 2.4%

NYSE BWXT opened at $178.96 on Friday. The business has a fifty day moving average price of $191.30 and a 200 day moving average price of $164.45. The company has a debt-to-equity ratio of 1.21, a quick ratio of 1.62 and a current ratio of 1.71. The company has a market cap of $16.36 billion, a P/E ratio of 53.74, a P/E/G ratio of 3.43 and a beta of 0.85. BWX Technologies, Inc. has a one year low of $84.21 and a one year high of $218.50.

BWX Technologies (NYSE:BWXT) last released its earnings results on Monday, November 3rd. The technology company reported $1.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.85 by $0.15. The business had revenue of $866.29 million during the quarter, compared to analyst estimates of $795.48 million. BWX Technologies had a net margin of 10.04% and a return on equity of 30.70%. The company’s revenue for the quarter was up 28.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.83 earnings per share. BWX Technologies has set its FY 2025 guidance at 3.750-3.800 EPS. Research analysts anticipate that BWX Technologies, Inc. will post 3.23 EPS for the current fiscal year.

BWX Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Wednesday, November 19th will be issued a $0.25 dividend. The ex-dividend date is Wednesday, November 19th. This represents a $1.00 dividend on an annualized basis and a yield of 0.6%. BWX Technologies’s dividend payout ratio is presently 30.03%.

About BWX Technologies

BWX Technologies, Inc, together with its subsidiaries, manufactures and sells nuclear components in the United States, Canada, and internationally. It operates through two segments, Government Operations and Commercial Operations. The Government Operations segment designs and manufactures naval nuclear components, reactors, and nuclear fuel; fabrication activities; and supplies proprietary and sole-source valves, manifolds, and fittings to naval and commercial shipping customers.