Bank of America Forecasts Strong Price Appreciation for BWX Technologies (NYSE:BWXT) Stock

BWX Technologies (NYSE:BWXT) had its target price raised by investment analysts at Bank of America from $230.00 to $250.00 in a report issued on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the technology company’s stock. Bank of America‘s price target would indicate a potential upside of 17.08% from the stock’s current price.

A number of other research analysts have also issued reports on the stock. Wall Street Zen lowered shares of BWX Technologies from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. BTIG Research increased their price target on BWX Technologies from $225.00 to $235.00 and gave the stock a “buy” rating in a research note on Thursday, February 26th. TD Securities assumed coverage on shares of BWX Technologies in a research note on Thursday, March 12th. They set a “buy” rating and a $230.00 price objective for the company. Truist Financial set a $205.00 target price on shares of BWX Technologies in a research report on Friday, January 9th. Finally, Weiss Ratings raised shares of BWX Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 25th. Three investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $208.36.

BWX Technologies Stock Performance

BWXT opened at $213.54 on Wednesday. The stock’s 50 day simple moving average is $204.25 and its 200 day simple moving average is $192.06. The stock has a market cap of $19.56 billion, a P/E ratio of 59.88, a P/E/G ratio of 3.34 and a beta of 0.83. BWX Technologies has a 1-year low of $84.21 and a 1-year high of $220.57. The company has a debt-to-equity ratio of 1.64, a current ratio of 2.32 and a quick ratio of 2.25.

BWX Technologies (NYSE:BWXT) last announced 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 business had revenue of $885.84 million during the quarter, compared to analysts’ expectations of $837.47 million. During the same quarter last year, the business posted $0.92 earnings per share. The business’s revenue for the quarter was up 18.7% on a year-over-year basis. BWX Technologies has set its FY 2026 guidance at 4.550-4.700 EPS. As a group, equities analysts anticipate that BWX Technologies will post 3.23 EPS for the current fiscal year.

Insider Activity

In related news, CAO Kevin James Gorman sold 1,344 shares of the stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $214.71, for a total value of $288,570.24. Following the completion of the sale, the chief accounting officer owned 114 shares in the company, valued at approximately $24,476.94. This trade represents a 92.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Gerhard F. Burbach sold 1,983 shares of the company’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $208.61, for a total value of $413,673.63. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 13,327 shares of company stock valued at $2,734,844. Insiders own 0.47% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Goldman Sachs Group Inc. raised its position in BWX Technologies by 0.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 141,680 shares of the technology company’s stock valued at $13,977,000 after purchasing an additional 371 shares during the last quarter. Caxton Associates LLP acquired a new stake in shares of BWX Technologies in the first quarter valued at $304,000. Creative Planning lifted its position in BWX Technologies by 49.7% during the 2nd quarter. Creative Planning now owns 11,315 shares of the technology company’s stock worth $1,630,000 after buying an additional 3,758 shares in the last quarter. Cetera Investment Advisers grew its holdings in BWX Technologies by 0.5% during the 2nd quarter. Cetera Investment Advisers now owns 21,756 shares of the technology company’s stock worth $3,134,000 after acquiring an additional 115 shares during the last quarter. Finally, MAI Capital Management raised its stake in shares of BWX Technologies by 5.4% in the second quarter. MAI Capital Management now owns 2,862 shares of the technology company’s stock worth $412,000 after acquiring an additional 146 shares during the last quarter. 94.39% of the stock is currently owned by institutional investors and hedge funds.

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.