Equitable Holdings Inc. Makes New $1.54 Million Investment in BWX Technologies, Inc. $BWXT

Equitable Holdings Inc. acquired a new stake in BWX Technologies, Inc. (NYSE:BWXT) during the second quarter, according to its most recent filing with the SEC. The firm acquired 7,899 shares of the technology company’s stock, valued at approximately $1,538,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cannell & Spears LLC lifted its stake in shares of BWX Technologies by 4.0% during the first quarter. Cannell & Spears LLC now owns 1,312 shares of the technology company’s stock valued at $251,000 after acquiring an additional 50 shares during the period. Wedbush Securities Inc. boosted its holdings in BWX Technologies by 4.3% in the fourth quarter. Wedbush Securities Inc. now owns 1,263 shares of the technology company’s stock valued at $218,000 after acquiring an additional 52 shares during the last quarter. Oppenheimer Asset Management Inc. increased its position in BWX Technologies by 1.0% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 5,448 shares of the technology company’s stock worth $942,000 after purchasing an additional 54 shares during the period. Guggenheim Capital LLC increased its position in BWX Technologies by 2.2% in the fourth quarter. Guggenheim Capital LLC now owns 2,598 shares of the technology company’s stock worth $449,000 after purchasing an additional 55 shares during the period. Finally, Private Advisor Group LLC raised its holdings in BWX Technologies by 2.4% during the 1st quarter. Private Advisor Group LLC now owns 2,847 shares of the technology company’s stock worth $582,000 after purchasing an additional 67 shares during the last quarter. Institutional investors own 94.39% of the company’s stock.

Analyst Ratings Changes

A number of research firms have issued reports on BWXT. Weiss Ratings downgraded shares of BWX Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday. Zacks Research downgraded shares of BWX Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 11th. Wells Fargo & Company upgraded shares of BWX Technologies from an “underweight” rating to an “equal weight” rating and cut their price objective for the company from $200.00 to $170.00 in a report on Thursday. Deutsche Bank Aktiengesellschaft raised 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 note on Friday, May 15th. Finally, BTIG Research reaffirmed a “buy” rating and set a $235.00 target price on shares of BWX Technologies in a report on Tuesday, August 4th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $224.20.

Insiders Place Their Bets

In other news, CEO Rex D. Geveden sold 10,000 shares of BWX Technologies 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 transaction, the chief executive officer directly owned 192,491 shares of the company’s stock, valued at $33,204,697.50. This trade represents a 4.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.60% of the company’s stock.

BWX Technologies Price Performance

BWX Technologies stock opened at $153.12 on Friday. The firm has a market capitalization of $14.03 billion, a P/E ratio of 39.67, a PEG ratio of 2.44 and a beta of 0.76. BWX Technologies, Inc. has a 1 year low of $147.74 and a 1 year high of $241.82. The business has a 50-day moving average of $175.83 and a 200-day moving average of $195.80. 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 (NYSE:BWXT) last announced its quarterly earnings results on Monday, August 3rd. The technology company reported $1.07 earnings per share for the quarter, beating analysts’ consensus estimates of $1.04 by $0.03. BWX Technologies had a net margin of 10.11% and a return on equity of 30.83%. The business had revenue of $901.62 million for the quarter, compared to the consensus estimate of $902.41 million. During the same period last year, the company posted $1.02 EPS. BWX Technologies’s revenue for the quarter was up 18.0% on a year-over-year basis. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. On average, equities analysts anticipate that BWX Technologies, Inc. will post 4.75 EPS for the current year.

BWX Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Tuesday, August 18th will be issued a $0.27 dividend. The ex-dividend date is Tuesday, August 18th. This represents a $1.08 annualized dividend and a yield of 0.7%. BWX Technologies’s dividend payout ratio (DPR) is 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.