Franklin Resources Inc. Sells 185,917 Shares of BWX Technologies, Inc. $BWXT

Franklin Resources Inc. reduced its holdings in BWX Technologies, Inc. (NYSE:BWXT) by 7.8% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 2,204,688 shares of the technology company’s stock after selling 185,917 shares during the period. Franklin Resources Inc.’s holdings in BWX Technologies were worth $406,478,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the business. Corient Private Wealth LLC raised 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 buying an additional 69 shares in the last quarter. HHM Wealth Advisors LLC grew its position in 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 acquiring 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 acquiring an additional 72 shares in the last quarter. Intrua Financial LLC increased its stake in BWX Technologies by 3.6% during the third quarter. Intrua Financial LLC now owns 2,531 shares of the technology company’s stock worth $467,000 after acquiring an additional 89 shares during the last quarter. Finally, Parkside Financial Bank & Trust increased its stake in BWX Technologies by 23.8% during the third quarter. Parkside Financial Bank & Trust now owns 483 shares of the technology company’s stock worth $89,000 after acquiring an additional 93 shares during the last quarter. 94.39% of the stock is currently owned by institutional investors.

Insider Buying and Selling at BWX Technologies

In other news, Director Gerhard F. Burbach sold 1,983 shares of BWX Technologies stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $208.61, for a total transaction of $413,673.63. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Kevin James Gorman sold 1,344 shares of the business’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $214.71, for a total transaction of $288,570.24. Following the sale, the chief accounting officer directly owned 114 shares of the company’s stock, valued at $24,476.94. This represents a 92.18% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 13,327 shares of company stock valued at $2,734,844 in the last quarter. 0.47% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. Zacks Research raised BWX Technologies from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 21st. Bank of America boosted their target price on BWX Technologies from $220.00 to $230.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. BNP Paribas Exane assumed coverage on BWX Technologies in a report on Thursday, January 15th. They set a “neutral” rating and a $215.00 price target on the stock. CJS Securities upgraded BWX Technologies to a “strong-buy” rating in a research report on Friday, December 12th. Finally, Weiss Ratings raised shares of BWX Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 25th. Three research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $200.45.

BWX Technologies Stock Up 0.1%

Shares of NYSE BWXT opened at $196.05 on Thursday. BWX Technologies, Inc. has a 1 year low of $84.21 and a 1 year high of $220.57. The firm has a 50-day simple moving average of $202.44 and a two-hundred day simple moving average of $189.31. The company has a market cap of $17.93 billion, a P/E ratio of 54.92, a PEG ratio of 3.20 and a beta of 0.83. The company has a debt-to-equity ratio of 1.64, a current ratio of 2.32 and a quick ratio of 2.25.

BWX Technologies (NYSE:BWXT) last released its earnings results on Monday, February 23rd. The technology company reported $1.08 EPS for the quarter, beating analysts’ consensus estimates of $0.91 by $0.17. BWX Technologies had a return on equity of 30.94% and a net margin of 10.28%.The firm had revenue of $885.84 million for the quarter, compared to analysts’ expectations of $837.47 million. During the same quarter in the prior year, the firm posted $0.92 earnings per share. The company’s quarterly revenue was up 18.7% on a year-over-year basis. BWX Technologies has set its FY 2026 guidance at 4.550-4.700 EPS. Research analysts anticipate that BWX Technologies, Inc. will post 3.23 earnings per share for the current year.

BWX Technologies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Wednesday, March 11th will be given a $0.27 dividend. This is a boost from BWX Technologies’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Wednesday, March 11th. This represents a $1.08 annualized dividend and a yield of 0.6%. BWX Technologies’s dividend payout ratio is currently 28.01%.

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.