Korea Investment CORP Acquires Shares of 27,009 BWX Technologies, Inc. $BWXT

Korea Investment CORP purchased a new stake in BWX Technologies, Inc. (NYSE:BWXT) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 27,009 shares of the technology company’s stock, valued at approximately $5,257,000.

A number of other large investors have also recently bought and sold shares of the business. WFA of San Diego LLC purchased a new position in BWX Technologies in the 2nd quarter valued at $29,000. MV Capital Management Inc. acquired a new stake in shares of BWX Technologies in the 4th quarter worth $32,000. Tucker Asset Management LLC purchased a new stake in shares of BWX Technologies in the fourth quarter valued at about $36,000. Vermillion Wealth Management Inc. increased its stake in shares of BWX Technologies by 71.7% during the fourth quarter. Vermillion Wealth Management Inc. now owns 237 shares of the technology company’s stock worth $41,000 after acquiring an additional 99 shares during the period. Finally, Smithfield Trust Co increased its stake in shares of BWX Technologies by 52.1% during the fourth quarter. Smithfield Trust Co now owns 251 shares of the technology company’s stock worth $44,000 after acquiring an additional 86 shares during the period. Institutional investors and hedge funds own 94.39% of the company’s stock.

BWX Technologies Price Performance

BWX Technologies stock opened at $149.40 on Tuesday. BWX Technologies, Inc. has a 52 week low of $149.16 and a 52 week high of $241.82. The firm has a market capitalization of $13.69 billion, a PE ratio of 38.71, a P/E/G ratio of 2.45 and a beta of 0.76. The company has a quick ratio of 2.33, a current ratio of 2.40 and a debt-to-equity ratio of 1.51. The firm’s 50-day simple moving average is $179.81 and its 200 day simple moving average is $196.91.

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

BWX Technologies Dividend Announcement

The company 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 yield of 0.7%. BWX Technologies’s dividend payout ratio (DPR) is 27.98%.

Insider Activity

In related news, CEO Rex D. Geveden sold 10,000 shares of the stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $172.50, for a total transaction of $1,725,000.00. Following the transaction, the chief executive officer directly owned 192,491 shares in the company, valued at approximately $33,204,697.50. This represents a 4.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of BWX Technologies from a “hold” rating to a “buy” rating and raised their price objective for the company from $205.00 to $255.00 in a research report on Friday, May 15th. Wall Street Zen cut BWX Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Truist Financial cut their target price on BWX Technologies from $212.00 to $202.00 and set a “hold” rating for the company in a research note on Friday, August 14th. JPMorgan Chase & Co. started coverage on BWX Technologies in a report on Monday, July 27th. They issued an “overweight” rating and a $230.00 price target for the company. Finally, Zacks Research downgraded BWX Technologies from a “strong-buy” rating to a “hold” rating in a research note 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 issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $227.20.

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.