Rex Geveden Sells 10,000 Shares of BWX Technologies (NYSE:BWXT) Stock

BWX Technologies, Inc. (NYSE:BWXTGet Free Report) CEO Rex Geveden sold 10,000 shares of the business’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $172.50, for a total transaction of $1,725,000.00. Following the completion of the transaction, the chief executive officer directly owned 192,491 shares of the company’s stock, valued at $33,204,697.50. The trade was a 4.94% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

BWX Technologies Price Performance

BWX Technologies stock opened at $173.14 on Friday. BWX Technologies, Inc. has a 12-month low of $157.10 and a 12-month high of $241.82. The stock has a market capitalization of $15.86 billion, a P/E ratio of 44.86, a P/E/G ratio of 2.67 and a beta of 0.76. The firm’s 50-day moving average is $183.41 and its two-hundred day moving average is $199.07. The company has a debt-to-equity ratio of 1.51, a current ratio of 2.40 and a quick ratio of 2.33.

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

BWX Technologies Dividend Announcement

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

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in BWXT. WFA of San Diego LLC acquired a new stake in BWX Technologies during the second quarter valued at approximately $29,000. MV Capital Management Inc. bought a new stake in shares of BWX Technologies in the 4th quarter valued at approximately $32,000. Tucker Asset Management LLC bought a new stake in shares of BWX Technologies in the 4th quarter valued at approximately $36,000. Vermillion Wealth Management Inc. raised its position in shares of BWX Technologies by 71.7% during the 4th quarter. Vermillion Wealth Management Inc. now owns 237 shares of the technology company’s stock valued at $41,000 after acquiring an additional 99 shares in the last quarter. Finally, Smithfield Trust Co raised its position in shares of BWX Technologies by 52.1% during the 4th quarter. Smithfield Trust Co now owns 251 shares of the technology company’s stock valued at $44,000 after acquiring an additional 86 shares in the last quarter. 94.39% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently commented on BWXT shares. Wall Street Zen lowered shares of BWX Technologies from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Deutsche Bank Aktiengesellschaft raised shares of BWX Technologies from a “hold” rating to a “buy” rating and increased their price objective for the stock from $205.00 to $255.00 in a research report on Friday, May 15th. Seaport Research Partners raised 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 report on Monday, June 22nd. BTIG Research reiterated a “buy” rating and issued a $235.00 price target on shares of BWX Technologies in a report on Tuesday, August 4th. Finally, Truist Financial cut their price objective on BWX Technologies from $212.00 to $202.00 and set a “hold” rating on the stock in a research report on Friday. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $227.20.

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About BWX Technologies

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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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