MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Invests $163.97 Million in BWX Technologies, Inc. $BWXT

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in BWX Technologies, Inc. (NYSE:BWXT) during the third quarter, according to its most recent filing with the SEC. The firm acquired 889,350 shares of the technology company’s stock, valued at approximately $163,969,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 0.97% of BWX Technologies at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Lido Advisors LLC acquired a new stake in shares of BWX Technologies in the 3rd quarter worth $264,000. Integrated Wealth Concepts LLC purchased a new stake in shares of BWX Technologies in the third quarter valued at about $436,000. Hilltop Holdings Inc. acquired a new position in shares of BWX Technologies during the third quarter worth about $259,000. Gotham Asset Management LLC raised its holdings in BWX Technologies by 29.3% during the third quarter. Gotham Asset Management LLC now owns 162,887 shares of the technology company’s stock worth $30,031,000 after purchasing an additional 36,871 shares in the last quarter. Finally, Granahan Investment Management LLC purchased a new position in BWX Technologies during the third quarter worth about $1,941,000. 94.39% of the stock is owned by institutional investors and hedge funds.

BWX Technologies Stock Up 5.6%

BWXT opened at $204.94 on Tuesday. The company has a debt-to-equity ratio of 1.64, a quick ratio of 2.25 and a current ratio of 2.32. The company has a market cap of $18.74 billion, a price-to-earnings ratio of 57.41, a PEG ratio of 3.17 and a beta of 0.83. BWX Technologies, Inc. has a one year low of $84.21 and a one year high of $220.57. The business’s fifty day moving average is $203.51 and its two-hundred day moving average is $190.20.

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

BWX Technologies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Wednesday, March 11th will be issued a dividend of $0.27 per share. This is an increase from BWX Technologies’s previous quarterly dividend of $0.25. The ex-dividend date is Wednesday, March 11th. This represents a $1.08 annualized dividend and a yield of 0.5%. BWX Technologies’s payout ratio is 30.25%.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on BWXT. CJS Securities upgraded shares of BWX Technologies to a “strong-buy” rating in a research report on Friday, December 12th. Zacks Research raised BWX Technologies from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 21st. Weiss Ratings raised BWX Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, February 25th. BNP Paribas Exane assumed coverage on BWX Technologies in a research note on Thursday, January 15th. They issued a “neutral” rating and a $215.00 price target on the stock. Finally, TD Securities assumed coverage on BWX Technologies in a research report on Thursday, March 12th. They issued a “buy” rating and a $230.00 price objective for the company. Three research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $206.36.

Insiders Place Their Bets

In other BWX Technologies news, Director Gerhard F. Burbach sold 1,983 shares of BWX Technologies stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $208.61, for a total transaction of $413,673.63. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Kevin James Gorman sold 1,344 shares of the company’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $214.71, for a total transaction of $288,570.24. Following the completion of the sale, the chief accounting officer directly owned 114 shares in the company, valued at $24,476.94. This trade represents a 92.18% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 13,327 shares of company stock worth $2,734,844. Insiders own 0.47% 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.