Voya Investment Management LLC Reduces Position in BWX Technologies, Inc. $BWXT

Voya Investment Management LLC decreased its holdings in BWX Technologies, Inc. (NYSE:BWXT) by 36.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 12,398 shares of the technology company’s stock after selling 7,160 shares during the period. Voya Investment Management LLC’s holdings in BWX Technologies were worth $2,286,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Whalen Wealth Management Inc. purchased a new stake in shares of BWX Technologies in the third quarter valued at approximately $918,000. Wedmont Private Capital purchased a new stake in BWX Technologies in the 3rd quarter valued at $204,000. Veracity Capital LLC increased its stake in shares of BWX Technologies by 20.2% in the 3rd quarter. Veracity Capital LLC now owns 10,809 shares of the technology company’s stock worth $1,993,000 after acquiring an additional 1,815 shares during the last quarter. Acropolis Investment Management LLC purchased a new position in shares of BWX Technologies during the 3rd quarter worth $260,000. Finally, Grant Private Wealth Management Inc acquired a new position in shares of BWX Technologies during the 3rd quarter valued at about $240,000. 94.39% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CEO Rex D. Geveden sold 10,000 shares of the company’s stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $197.90, for a total transaction of $1,979,000.00. Following the sale, the chief executive officer owned 187,594 shares of the company’s stock, valued at approximately $37,124,852.60. This represents a 5.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.47% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. William Blair restated an “outperform” rating on shares of BWX Technologies in a research report on Wednesday, September 17th. Northland Securities set a $225.00 price target on shares of BWX Technologies in a research note on Tuesday, November 4th. Northland Capmk raised shares of BWX Technologies to a “strong-buy” rating in a research report on Tuesday, September 9th. Weiss Ratings cut BWX Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, December 22nd. Finally, Wall Street Zen upgraded BWX Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Three analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $196.23.

BWX Technologies Trading Down 0.7%

Shares of NYSE BWXT opened at $175.88 on Monday. The company has a current ratio of 1.71, a quick ratio of 1.62 and a debt-to-equity ratio of 1.21. The stock has a market capitalization of $16.08 billion, a PE ratio of 52.82, a PEG ratio of 3.44 and a beta of 0.86. BWX Technologies, Inc. has a twelve month low of $84.21 and a twelve month high of $218.50. The stock has a fifty day simple moving average of $185.97 and a 200-day simple moving average of $171.02.

BWX Technologies (NYSE:BWXT) last announced its earnings results on Monday, November 3rd. The technology company reported $1.00 EPS for the quarter, beating analysts’ consensus estimates of $0.85 by $0.15. BWX Technologies had a return on equity of 30.70% and a net margin of 10.04%.The company had revenue of $866.29 million during the quarter, compared to analysts’ expectations of $795.48 million. During the same period last year, the business posted $0.83 EPS. BWX Technologies’s revenue for the quarter was up 28.9% on a year-over-year basis. BWX Technologies has set its FY 2025 guidance at 3.750-3.800 EPS. On average, equities analysts forecast that BWX Technologies, Inc. will post 3.23 earnings per share for the current year.

BWX Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Wednesday, November 19th were issued a dividend of $0.25 per share. The ex-dividend date was Wednesday, November 19th. This represents a $1.00 dividend on an annualized basis and a yield of 0.6%. BWX Technologies’s dividend payout ratio is 30.03%.

BWX Technologies Company 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.