BWX Technologies (NYSE:BWXT) Stock Gets Price Target Cut from JPMorgan Chase & Co.

BWX Technologies (NYSE:BWXT) had its target price reduced by JPMorgan Chase & Co. from $230.00 to $190.00 in a research report released on Tuesday morning,Benzinga reports. They currently have an overweight rating on the technology company’s stock.

Other analysts have also recently issued research reports about the stock. Jefferies Financial Group assumed coverage on shares of BWX Technologies in a research note on Thursday, September 3rd. They issued a “buy” rating and a $181.00 price objective for the company. Weiss Ratings lowered shares of BWX Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, August 26th. Truist Financial decreased their target price on shares of BWX Technologies from $202.00 to $182.00 and set a “hold” rating on the stock in a research report on Tuesday, October 6th. Citigroup reaffirmed an “outperform” rating on shares of BWX Technologies in a report on Wednesday, September 30th. Finally, Northland Securities dropped their price target on shares of BWX Technologies from $250.00 to $220.00 and set an “outperform” rating for the company in a research report on Wednesday, September 30th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, BWX Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $205.00.

BWX Technologies Price Performance

NYSE:BWXT opened at $137.51 on Tuesday. BWX Technologies has a one year low of $131.60 and a one year high of $241.82. The company has a market cap of $12.60 billion, a P/E ratio of 35.62, a P/E/G ratio of 2.05 and a beta of 0.74. The firm’s fifty day moving average price is $150.99 and its two-hundred day moving average price is $181.91. The company has a debt-to-equity ratio of 1.51, a current ratio of 2.40 and a quick ratio of 2.33.

BWX Technologies (NYSE:BWXT) last posted its earnings results on Monday, August 3rd. The technology company reported $1.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.04 by $0.03. The company 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%. BWX Technologies’s quarterly revenue was up 18.0% compared to the same quarter last year. During the same quarter last year, the company posted $1.02 EPS. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. Equities analysts expect that BWX Technologies will post 4.75 earnings per share for the current year.

BWX Technologies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, August 18th were issued a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Tuesday, August 18th. BWX Technologies’s dividend payout ratio is 27.98%.

Insider Activity 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 stock was sold at an average price of $172.50, for a total value of $1,725,000.00. Following the transaction, the chief executive officer owned 192,491 shares in the company, valued at approximately $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 Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.60% of the company’s stock.

Institutional Investors Weigh In On BWX Technologies

A number of large investors have recently modified their holdings of BWXT. Transamerica Financial Advisors LLC acquired a new position in shares of BWX Technologies during the 2nd quarter worth $26,000. Security National Bank of SO Dak acquired a new stake in BWX Technologies in the second quarter valued at about $29,000. MV Capital Management Inc. acquired a new stake in BWX Technologies in the fourth quarter valued at about $32,000. Stonehage Fleming Financial Services Holdings Ltd acquired a new stake in BWX Technologies in the second quarter valued at about $40,000. Finally, Ancora Advisors LLC acquired a new stake in BWX Technologies in the second quarter valued at about $47,000. Institutional investors and hedge funds own 94.39% of the company’s stock.

BWX Technologies Company Profile

BWX Technologies, Inc (NYSE:BWXT) is a provider of nuclear components, systems and services for government and commercial customers. The company is best known for designing and manufacturing nuclear reactors and related components for the U.S. Navy’s nuclear-powered aircraft carriers and submarines. It also supports the nuclear fuel cycle and provides engineering, manufacturing, maintenance and technical services for nuclear facilities.

BWXT serves the U.S. government, commercial nuclear power producers, research institutions and customers in the healthcare and space industries.