BWX Technologies, Inc. $BWXT Shares Sold by William Blair Investment Management LLC

William Blair Investment Management LLC reduced its position in shares of BWX Technologies, Inc. (NYSE:BWXTFree Report) by 17.3% during the third quarter, Holdings Channel.com reports. The fund owned 1,255,310 shares of the technology company’s stock after selling 262,046 shares during the quarter. William Blair Investment Management LLC’s holdings in BWX Technologies were worth $231,442,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Corient Private Wealth LLC boosted its position in shares of BWX Technologies by 1.2% during the 2nd quarter. Corient Private Wealth LLC now owns 5,880 shares of the technology company’s stock valued at $847,000 after purchasing an additional 69 shares in the last quarter. HHM Wealth Advisors LLC boosted its holdings in BWX Technologies by 17.9% during 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 in the last quarter. JT Stratford LLC grew its position in 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 last quarter. Intrua Financial LLC increased its holdings in shares of BWX Technologies by 3.6% in the third quarter. Intrua Financial LLC now owns 2,531 shares of the technology company’s stock valued at $467,000 after buying an additional 89 shares in the last quarter. Finally, Parkside Financial Bank & Trust lifted its position in shares of BWX Technologies by 23.8% during the 3rd quarter. Parkside Financial Bank & Trust now owns 483 shares of the technology company’s stock valued at $89,000 after acquiring an additional 93 shares during the last quarter. 94.39% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Wall Street Zen cut BWX Technologies from a “buy” rating to a “hold” rating in a report on Saturday. BNP Paribas Exane began coverage on BWX Technologies in a research report on Thursday, January 15th. They issued a “neutral” rating and a $215.00 price target for the company. Truist Financial set a $205.00 price objective on BWX Technologies in a report on Friday, January 9th. BTIG Research upped their price objective on shares of BWX Technologies from $225.00 to $235.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Bank of America lifted their target price on shares of BWX Technologies from $220.00 to $230.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. Three analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $200.45.

Check Out Our Latest Report on BWX Technologies

BWX Technologies Trading Down 0.8%

NYSE:BWXT opened at $205.55 on Friday. The stock has a market cap of $18.80 billion, a PE ratio of 57.58, a price-to-earnings-growth ratio of 3.37 and a beta of 0.84. BWX Technologies, Inc. has a fifty-two week low of $84.21 and a fifty-two week high of $220.57. The company has a debt-to-equity ratio of 1.64, a current ratio of 2.32 and a quick ratio of 1.62. The stock’s 50-day moving average is $198.41 and its two-hundred day moving average is $187.51.

BWX Technologies (NYSE:BWXTGet Free Report) last posted its quarterly earnings results on Monday, February 23rd. The technology company reported $1.08 EPS for the quarter, topping the consensus estimate of $0.91 by $0.17. BWX Technologies had a net margin of 10.28% and a return on equity of 30.94%. The business had revenue of $885.84 million during the quarter, compared to analysts’ expectations of $837.47 million. During the same period last year, the company posted $0.92 earnings per share. The firm’s quarterly revenue was up 18.7% compared to the same quarter last year. BWX Technologies has set its FY 2026 guidance at 4.550-4.700 EPS. As a group, equities research analysts forecast that BWX Technologies, Inc. will post 3.23 earnings per share for the current fiscal year.

BWX Technologies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Wednesday, March 11th will be issued a dividend of $0.27 per share. The ex-dividend date is Wednesday, March 11th. This represents a $1.08 annualized dividend and a dividend yield of 0.5%. This is an increase from BWX Technologies’s previous quarterly dividend of $0.25. BWX Technologies’s dividend payout ratio is presently 28.01%.

Insiders Place Their Bets

In related news, CEO Rex D. Geveden sold 10,000 shares of the stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $203.26, for a total transaction of $2,032,600.00. Following the completion of the sale, the chief executive officer directly owned 177,594 shares in the company, valued at approximately $36,097,756.44. This trade represents a 5.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Gerhard F. Burbach sold 1,983 shares of BWX Technologies stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $208.61, for a total value of $413,673.63. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.47% of the company’s stock.

BWX Technologies Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for BWX Technologies (NYSE:BWXT)

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