Massachusetts Financial Services Co. MA Has $213.69 Million Holdings in BWX Technologies, Inc. $BWXT

Massachusetts Financial Services Co. MA grew its position in BWX Technologies, Inc. (NYSE:BWXT) by 26.0% in the third quarter, Holdings Channel reports. The fund owned 1,159,033 shares of the technology company’s stock after acquiring an additional 239,292 shares during the quarter. Massachusetts Financial Services Co. MA’s holdings in BWX Technologies were worth $213,691,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of BWXT. Invesco Ltd. increased its holdings in BWX Technologies by 139.0% in the 2nd quarter. Invesco Ltd. now owns 1,592,380 shares of the technology company’s stock worth $229,398,000 after purchasing an additional 926,117 shares in the last quarter. Valeo Financial Advisors LLC grew its holdings in shares of BWX Technologies by 33,572.0% during the second quarter. Valeo Financial Advisors LLC now owns 1,517,599 shares of the technology company’s stock worth $2,228,000 after purchasing an additional 1,513,092 shares during the last quarter. William Blair Investment Management LLC grew its holdings in shares of BWX Technologies by 523.2% during the second quarter. William Blair Investment Management LLC now owns 1,517,356 shares of the technology company’s stock worth $218,590,000 after purchasing an additional 1,273,895 shares during the last quarter. Artisan Partners Limited Partnership acquired a new position in shares of BWX Technologies in the second quarter valued at approximately $183,859,000. Finally, Blair William & Co. IL raised its holdings in BWX Technologies by 28.2% in the 2nd quarter. Blair William & Co. IL now owns 1,003,607 shares of the technology company’s stock valued at $144,580,000 after buying an additional 220,616 shares during the last quarter. Institutional investors and hedge funds 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 business’s stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $197.90, for a total transaction of $1,979,000.00. Following the transaction, the chief executive officer owned 187,594 shares in the company, valued at $37,124,852.60. The trade was a 5.06% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.47% of the stock is owned by corporate insiders.

BWX Technologies Stock Performance

BWXT stock opened at $217.85 on Tuesday. The firm has a market cap of $19.92 billion, a PE ratio of 65.42, a price-to-earnings-growth ratio of 3.50 and a beta of 0.86. 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 50-day moving average price of $183.11 and a 200-day moving average price of $177.05. BWX Technologies, Inc. has a 1-year low of $84.21 and a 1-year high of $220.57.

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

BWX Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Wednesday, November 19th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Wednesday, November 19th. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. BWX Technologies’s dividend payout ratio (DPR) is 30.03%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. Wall Street Zen raised shares of BWX Technologies from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Deutsche Bank Aktiengesellschaft set a $180.00 price target on BWX Technologies and gave the company a “hold” rating in a research report on Wednesday, October 8th. CJS Securities upgraded BWX Technologies to a “strong-buy” rating in a research report on Friday, December 12th. Bank of America lifted their price objective on BWX Technologies from $220.00 to $230.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. Finally, BNP Paribas started coverage on shares of BWX Technologies in a research report on Thursday. They set a “neutral” rating and a $215.00 target price for the company. Three equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $200.96.

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.