11,600 Shares in BWX Technologies, Inc. $BWXT Bought by Renaissance Technologies LLC

Renaissance Technologies LLC acquired a new position in BWX Technologies, Inc. (NYSE:BWXT) during the first quarter, according to the company in its most recent filing with the SEC. The fund acquired 11,600 shares of the technology company’s stock, valued at approximately $2,372,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BWXT. Goldman Sachs Group Inc. lifted its stake in shares of BWX Technologies by 0.3% in the first quarter. Goldman Sachs Group Inc. now owns 141,680 shares of the technology company’s stock worth $13,977,000 after acquiring an additional 371 shares in the last quarter. Caxton Associates LLP acquired a new stake in BWX Technologies during the 1st quarter valued at approximately $304,000. Flow Traders U.S. LLC purchased a new stake in BWX Technologies during the 2nd quarter worth approximately $404,000. NewEdge Advisors LLC increased its holdings in BWX Technologies by 670.0% during the 2nd quarter. NewEdge Advisors LLC now owns 7,030 shares of the technology company’s stock worth $1,013,000 after purchasing an additional 6,117 shares during the last quarter. Finally, Sei Investments Co. raised its position in shares of BWX Technologies by 44.9% in the 2nd quarter. Sei Investments Co. now owns 256,969 shares of the technology company’s stock valued at $37,018,000 after purchasing an additional 79,646 shares in the last quarter. 94.39% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on BWXT shares. JPMorgan Chase & Co. initiated coverage on BWX Technologies in a research note on Monday, July 27th. They set an “overweight” rating and a $230.00 target price for the company. Seaport Research Partners upgraded shares of BWX Technologies from a “neutral” rating to a “buy” rating and set a $245.00 price target for the company in a research note on Monday, June 22nd. Truist Financial upped their price target on shares of BWX Technologies from $205.00 to $212.00 and gave the company a “hold” rating in a report on Monday, May 11th. BTIG Research reiterated a “buy” rating and set a $235.00 price objective on shares of BWX Technologies in a research note on Tuesday, August 4th. Finally, Wall Street Zen lowered shares of BWX Technologies from a “buy” rating to a “hold” rating in a report on Saturday. Two research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $228.20.

BWX Technologies Trading Down 0.4%

Shares of NYSE BWXT opened at $169.17 on Tuesday. BWX Technologies, Inc. has a 12-month low of $157.10 and a 12-month high of $241.82. The company has a market cap of $15.50 billion, a price-to-earnings ratio of 43.83, a price-to-earnings-growth ratio of 2.66 and a beta of 0.76. The company has a current ratio of 2.40, a quick ratio of 2.33 and a debt-to-equity ratio of 1.51. The stock’s 50 day simple moving average is $184.65 and its 200 day simple moving average is $200.03.

BWX Technologies (NYSE:BWXT) last issued its quarterly earnings data on Monday, August 3rd. The technology company reported $1.07 EPS for the quarter, topping analysts’ consensus estimates of $1.04 by $0.03. BWX Technologies had a return on equity of 30.83% and a net margin of 10.11%.The firm had revenue of $901.62 million during the quarter, compared to the consensus estimate of $902.41 million. During the same period in the prior year, the business earned $1.02 EPS. The firm’s revenue was up 18.0% on a year-over-year basis. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. Equities research analysts expect that BWX Technologies, Inc. will post 4.75 EPS for the current year.

BWX Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Tuesday, August 18th will be given a dividend of $0.27 per share. The ex-dividend date is Tuesday, August 18th. This represents a $1.08 annualized dividend and a dividend yield of 0.6%. BWX Technologies’s dividend payout ratio is currently 27.98%.

About BWX Technologies

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.