BWX Technologies (NYSE:BWXT) Downgraded to Hold Rating by Seaport Res Ptn

BWX Technologies (NYSE:BWXT) was downgraded by research analysts at Seaport Res Ptn from a “strong-buy” rating to a “hold” rating in a report released on Tuesday,Zacks.com reports.

BWXT has been the subject of a number of other reports. BNP Paribas Exane assumed coverage on shares of BWX Technologies in a research note on Thursday, January 15th. They issued a “neutral” rating and a $215.00 price objective for the company. BNP Paribas began coverage on shares of BWX Technologies in a report on Thursday, January 15th. They issued a “neutral” rating and a $215.00 price target for the company. Deutsche Bank Aktiengesellschaft set a $180.00 price objective on BWX Technologies and gave the stock a “hold” rating in a research note on Wednesday, October 8th. Weiss Ratings raised BWX Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, January 12th. Finally, Bank of America lifted their target price on BWX Technologies from $220.00 to $230.00 and gave the stock a “buy” rating in a report on Thursday, November 13th. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, BWX Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $200.96.

BWX Technologies Trading Down 5.4%

Shares of BWXT opened at $206.19 on Tuesday. The firm has a market cap of $18.85 billion, a P/E ratio of 61.92, a price-to-earnings-growth ratio of 3.50 and a beta of 0.86. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.71 and a quick ratio of 1.62. BWX Technologies has a 1 year low of $84.21 and a 1 year high of $220.57. The company has a 50 day simple moving average of $183.32 and a two-hundred day simple moving average of $177.48.

BWX Technologies (NYSE:BWXT) last released its earnings results on Monday, November 3rd. The technology company reported $1.00 EPS for the quarter, topping the consensus estimate of $0.85 by $0.15. The firm 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 previous year, the firm earned $0.83 earnings per share. BWX Technologies has set its FY 2025 guidance at 3.750-3.800 EPS. On average, equities analysts expect that BWX Technologies will post 3.23 earnings per share for the current fiscal year.

Insider Buying and Selling at BWX Technologies

In related news, CEO Rex D. Geveden sold 10,000 shares of the firm’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 completion of the sale, the chief executive officer directly owned 187,594 shares of the company’s stock, valued at approximately $37,124,852.60. This trade represents a 5.06% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.47% of the company’s stock.

Institutional Trading of BWX Technologies

Hedge funds and other institutional investors have recently bought and sold shares of the business. Stratos Wealth Partners LTD. increased its stake in BWX Technologies by 3.5% in the 4th quarter. Stratos Wealth Partners LTD. now owns 1,979 shares of the technology company’s stock worth $342,000 after purchasing an additional 67 shares during the period. Corient Private Wealth LLC grew its holdings in shares of BWX Technologies by 1.2% in the second quarter. Corient Private Wealth LLC now owns 5,880 shares of the technology company’s stock worth $847,000 after purchasing an additional 69 shares during the last quarter. HHM Wealth Advisors LLC increased its stake in shares of BWX Technologies by 17.9% in the second quarter. HHM Wealth Advisors LLC now owns 460 shares of the technology company’s stock worth $66,000 after buying an additional 70 shares during the period. JT Stratford LLC increased its stake in shares of BWX Technologies by 2.5% in the second quarter. JT Stratford LLC now owns 2,927 shares of the technology company’s stock worth $422,000 after buying an additional 72 shares during the period. Finally, Barnes Dennig Private Wealth Management LLC raised its holdings in BWX Technologies by 10.1% during the 4th quarter. Barnes Dennig Private Wealth Management LLC now owns 783 shares of the technology company’s stock valued at $135,000 after buying an additional 72 shares during the last quarter. Hedge funds and other institutional investors own 94.39% of the company’s stock.

About BWX Technologies

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.