Bessemer Group Inc. Lowers Holdings in BWX Technologies, Inc. $BWXT

Bessemer Group Inc. reduced its position in BWX Technologies, Inc. (NYSE:BWXT) by 25.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 772,857 shares of the technology company’s stock after selling 266,343 shares during the quarter. Bessemer Group Inc.’s holdings in BWX Technologies were worth $142,491,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Corient Private Wealth LLC boosted its stake in shares of BWX Technologies by 1.2% during the second quarter. Corient Private Wealth LLC now owns 5,880 shares of the technology company’s stock valued at $847,000 after purchasing an additional 69 shares in the last quarter. HHM Wealth Advisors LLC grew its holdings in BWX Technologies by 17.9% in the second quarter. HHM Wealth Advisors LLC now owns 460 shares of the technology company’s stock worth $66,000 after purchasing an additional 70 shares during the last quarter. JT Stratford LLC grew its stake in BWX Technologies by 2.5% during the 2nd quarter. JT Stratford LLC now owns 2,927 shares of the technology company’s stock worth $422,000 after buying an additional 72 shares during the last quarter. Intrua Financial LLC increased its holdings in shares of BWX Technologies by 3.6% during the third quarter. Intrua Financial LLC now owns 2,531 shares of the technology company’s stock valued at $467,000 after acquiring an additional 89 shares in the last quarter. Finally, Parkside Financial Bank & Trust raised its position in shares of BWX Technologies by 23.8% in the 3rd quarter. Parkside Financial Bank & Trust now owns 483 shares of the technology company’s stock valued at $89,000 after purchasing an additional 93 shares during the last quarter. 94.39% of the stock is currently owned by institutional investors.

BWX Technologies Stock Performance

BWXT opened at $187.48 on Friday. The firm has a fifty day moving average price of $189.97 and a 200 day moving average price of $182.46. BWX Technologies, Inc. has a 1 year low of $84.21 and a 1 year high of $220.57. The stock has a market cap of $17.14 billion, a P/E ratio of 56.30, a P/E/G ratio of 3.05 and a beta of 0.84. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.71 and a quick ratio of 1.62.

BWX Technologies (NYSE:BWXT) last issued its quarterly earnings data on Monday, November 3rd. The technology company reported $1.00 earnings per share for the quarter, topping analysts’ consensus estimates of $0.85 by $0.15. BWX Technologies had a net margin of 10.04% and a return on equity of 30.70%. The business had revenue of $866.29 million during the quarter, compared to the consensus estimate of $795.48 million. During the same quarter in the prior year, the firm posted $0.83 earnings per share. The company’s revenue was up 28.9% compared to the same quarter last year. Equities research analysts anticipate that BWX Technologies, Inc. will post 3.23 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Exane BNP Paribas upgraded shares of BWX Technologies to a “hold” rating in a research note on Thursday, January 15th. CJS Securities raised BWX Technologies to a “strong-buy” rating in a research report on Friday, December 12th. Zacks Research raised BWX Technologies from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 21st. BNP Paribas Exane upgraded BWX Technologies to a “hold” rating in a research note on Thursday, January 15th. Finally, Northland Securities set a $225.00 price objective on shares of BWX Technologies in a research note on Tuesday, November 4th. Three investment analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $199.20.

Insider Buying and Selling at BWX Technologies

In related news, CEO Rex D. Geveden sold 10,000 shares of the company’s stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $197.90, for a total value of $1,979,000.00. Following the completion of the transaction, 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 position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.47% of the stock is currently owned by corporate insiders.

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.