BWX Technologies, Inc. (NYSE:BWXT) Declares Quarterly Dividend of $0.27

BWX Technologies, Inc. (NYSE:BWXTGet Free Report) declared a quarterly dividend on Wednesday, February 18th. Shareholders of record on Wednesday, March 11th will be given a dividend of 0.27 per share by the technology company on Friday, March 27th. This represents a c) annualized dividend and a yield of 0.6%. The ex-dividend date is Wednesday, March 11th. This is a 8.0% increase from BWX Technologies’s previous quarterly dividend of $0.25.

BWX Technologies has raised its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 2 years. BWX Technologies has a payout ratio of 27.6% meaning its dividend is sufficiently covered by earnings. Analysts expect BWX Technologies to earn $3.42 per share next year, which means the company should continue to be able to cover its $1.08 annual dividend with an expected future payout ratio of 31.6%.

BWX Technologies Stock Performance

Shares of BWXT stock opened at $195.65 on Monday. The company has a current ratio of 2.32, a quick ratio of 2.25 and a debt-to-equity ratio of 1.64. The stock has a 50 day simple moving average of $201.04 and a 200-day simple moving average of $188.78. The company has a market cap of $17.89 billion, a price-to-earnings ratio of 54.80, a price-to-earnings-growth ratio of 3.19 and a beta of 0.83. BWX Technologies has a 12-month low of $84.21 and a 12-month high of $220.57.

BWX Technologies (NYSE:BWXTGet Free Report) last posted its quarterly earnings results on Monday, February 23rd. The technology company reported $1.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.91 by $0.17. BWX Technologies had a return on equity of 30.94% and a net margin of 10.28%.The firm had revenue of $885.84 million for the quarter, compared to the consensus estimate of $837.47 million. During the same period in the previous year, the business earned $0.92 earnings per share. The company’s revenue for the quarter was up 18.7% compared to the same quarter last year. BWX Technologies has set its FY 2026 guidance at 4.550-4.700 EPS. On average, equities analysts forecast that BWX Technologies will post 3.23 EPS for the current year.

Insider Activity

In other BWX Technologies news, CAO Kevin James Gorman sold 1,344 shares of the stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $214.71, for a total transaction of $288,570.24. Following the transaction, the chief accounting officer owned 114 shares of the company’s stock, valued at $24,476.94. This trade represents a 92.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Rex D. Geveden sold 10,000 shares of BWX Technologies stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $203.26, for a total transaction of $2,032,600.00. Following the completion of the transaction, the chief executive officer owned 177,594 shares in the company, valued at approximately $36,097,756.44. This trade represents a 5.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 13,327 shares of company stock valued at $2,734,844 in the last 90 days. 0.47% of the stock is currently owned by insiders.

Institutional Trading of BWX Technologies

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Massachusetts Financial Services Co. MA lifted its stake in shares of BWX Technologies by 26.0% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,159,033 shares of the technology company’s stock valued at $213,691,000 after purchasing an additional 239,292 shares in the last quarter. Eos Management L.P. increased its position in BWX Technologies by 27.9% during the 3rd quarter. Eos Management L.P. now owns 25,894 shares of the technology company’s stock worth $4,774,000 after purchasing an additional 5,644 shares in the last quarter. Principal Financial Group Inc. raised its holdings in BWX Technologies by 51.1% in the third quarter. Principal Financial Group Inc. now owns 313,192 shares of the technology company’s stock valued at $57,743,000 after buying an additional 105,879 shares during the period. Thrivent Financial for Lutherans raised its holdings in BWX Technologies by 7.3% in the third quarter. Thrivent Financial for Lutherans now owns 669,636 shares of the technology company’s stock valued at $123,460,000 after buying an additional 45,667 shares during the period. Finally, Police & Firemen s Retirement System of New Jersey lifted its position in BWX Technologies by 4.7% during the second quarter. Police & Firemen s Retirement System of New Jersey now owns 34,636 shares of the technology company’s stock valued at $4,990,000 after buying an additional 1,548 shares in the last quarter. 94.39% of the stock is currently owned by institutional investors and hedge funds.

About BWX Technologies

(Get Free Report)

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.

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Dividend History for BWX Technologies (NYSE:BWXT)

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