BWX Technologies (NYSE:BWXT) Upgraded by BNP Paribas to “Hold” Rating

BWX Technologies (NYSE:BWXT) was upgraded by investment analysts at BNP Paribas to a “hold” rating in a note issued to investors on Thursday,Zacks.com reports.

BWXT has been the subject of a number of other research reports. BTIG Research lifted their price objective on BWX Technologies from $200.00 to $225.00 and gave the company a “buy” rating in a research report on Friday, November 7th. Northland Securities set a $225.00 price target on BWX Technologies in a research note on Tuesday, November 4th. Wall Street Zen upgraded shares of BWX Technologies from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Deutsche Bank Aktiengesellschaft set a $180.00 price objective on BWX Technologies and gave the stock a “hold” rating in a report on Wednesday, October 8th. Finally, Bank of America boosted their price target on BWX Technologies from $220.00 to $230.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. Three investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $200.96.

BWX Technologies Stock Performance

Shares of NYSE BWXT opened at $217.85 on Thursday. The company has a 50-day simple moving average of $182.74 and a 200-day simple moving average of $176.05. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.71 and a quick ratio of 1.62. The company has a market cap of $19.92 billion, a PE ratio of 65.42, a price-to-earnings-growth ratio of 3.43 and a beta of 0.86. BWX Technologies has a 12 month low of $84.21 and a 12 month high of $220.57.

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

Insider Buying and Selling at BWX Technologies

In other news, CEO Rex D. Geveden sold 10,000 shares of the company’s stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $197.90, for a total value of $1,979,000.00. Following the completion of the sale, the chief executive officer owned 187,594 shares of the company’s stock, valued at $37,124,852.60. This represents a 5.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.47% of the stock is owned by insiders.

Hedge Funds Weigh In On BWX Technologies

Institutional investors and hedge funds have recently bought and sold shares of the stock. Perigon Wealth Management LLC lifted its position in shares of BWX Technologies by 8.6% during the fourth quarter. Perigon Wealth Management LLC now owns 1,369 shares of the technology company’s stock worth $237,000 after purchasing an additional 108 shares in the last quarter. Tema Etfs LLC increased its stake in BWX Technologies by 46.1% during the 4th quarter. Tema Etfs LLC now owns 37,583 shares of the technology company’s stock worth $6,496,000 after buying an additional 11,859 shares during the period. Nisa Investment Advisors LLC lifted its holdings in BWX Technologies by 102.4% in the 4th quarter. Nisa Investment Advisors LLC now owns 8,896 shares of the technology company’s stock worth $1,538,000 after buying an additional 4,500 shares in the last quarter. Kieckhefer Group LLC lifted its holdings in BWX Technologies by 6.3% in the 4th quarter. Kieckhefer Group LLC now owns 39,218 shares of the technology company’s stock worth $6,778,000 after buying an additional 2,323 shares in the last quarter. Finally, Yarbrough Capital LLC purchased a new position in BWX Technologies in the 4th quarter valued at about $289,000. Hedge funds and other institutional investors own 94.39% of the company’s stock.

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.