Oppenheimer Asset Management Inc. Takes $1.23 Million Position in BWX Technologies, Inc. $BWXT

Oppenheimer Asset Management Inc. acquired a new position in BWX Technologies, Inc. (NYSE:BWXT) during the 2nd quarter, Holdings Channel reports. The firm acquired 6,334 shares of the technology company’s stock, valued at approximately $1,233,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in BWXT. Goldman Sachs Group Inc. increased its holdings in BWX Technologies by 0.3% during the first quarter. Goldman Sachs Group Inc. now owns 141,680 shares of the technology company’s stock valued at $13,977,000 after buying an additional 371 shares during the last quarter. Caxton Associates LLP purchased a new position in shares of BWX Technologies during the 1st quarter worth $304,000. Flow Traders U.S. LLC purchased a new position in shares of BWX Technologies during the 2nd quarter worth $404,000. NewEdge Advisors LLC grew its position in shares of BWX Technologies by 670.0% during the 2nd quarter. NewEdge Advisors LLC now owns 7,030 shares of the technology company’s stock valued at $1,013,000 after acquiring an additional 6,117 shares during the period. Finally, Sei Investments Co. grew its position in shares of BWX Technologies by 44.9% during the 2nd quarter. Sei Investments Co. now owns 256,969 shares of the technology company’s stock valued at $37,018,000 after acquiring an additional 79,646 shares during the period. Hedge funds and other institutional investors own 94.39% of the company’s stock.

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 on Wednesday, August 12th. The shares were sold at an average price of $172.50, for a total transaction of $1,725,000.00. Following the completion of the transaction, the chief executive officer directly owned 192,491 shares of the company’s stock, valued at approximately $33,204,697.50. This trade represents a 4.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.60% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. JPMorgan Chase & Co. began coverage on BWX Technologies in a report on Monday, July 27th. They issued an “overweight” rating and a $230.00 target price on the stock. Truist Financial cut their price target on BWX Technologies from $212.00 to $202.00 and set a “hold” rating for the company in a report on Friday. Seaport Research Partners upgraded BWX Technologies from a “neutral” rating to a “buy” rating and set a $245.00 price target for the company in a research report on Monday, June 22nd. BTIG Research reaffirmed a “buy” rating and issued a $235.00 price objective on shares of BWX Technologies in a research note on Tuesday, August 4th. Finally, Zacks Research cut BWX Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 11th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $227.20.

BWX Technologies Stock Down 0.0%

NYSE BWXT opened at $173.14 on Monday. The stock’s 50 day moving average is $183.41 and its 200 day moving average is $199.02. The company has a current ratio of 2.40, a quick ratio of 2.33 and a debt-to-equity ratio of 1.51. BWX Technologies, Inc. has a 12 month low of $157.10 and a 12 month high of $241.82. The stock has a market cap of $15.86 billion, a PE ratio of 44.86, a P/E/G ratio of 2.71 and a beta of 0.76.

BWX Technologies (NYSE:BWXT) last posted its quarterly earnings results on Monday, August 3rd. The technology company reported $1.07 earnings per share for the quarter, topping the consensus estimate of $1.04 by $0.03. BWX Technologies had a return on equity of 30.83% and a net margin of 10.11%.The business had revenue of $901.62 million during the quarter, compared to the consensus estimate of $902.41 million. During the same period in the prior year, the company posted $1.02 EPS. The firm’s revenue for the quarter was up 18.0% compared to the same quarter last year. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. Research analysts predict that BWX Technologies, Inc. will post 4.75 EPS for the current fiscal year.

BWX Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Tuesday, August 18th will be given a dividend of $0.27 per share. The ex-dividend date is Tuesday, August 18th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.6%. BWX Technologies’s dividend payout ratio is currently 27.98%.

BWX Technologies 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.