OneDigital Investment Advisors LLC Purchases New Shares in BWX Technologies, Inc. $BWXT

OneDigital Investment Advisors LLC bought a new position in shares of BWX Technologies, Inc. (NYSE:BWXTFree Report) during the second quarter, according to its most recent filing with the SEC. The fund bought 3,897 shares of the technology company’s stock, valued at approximately $759,000.

Other large investors have also recently made changes to their positions in the company. Bank of New York Mellon Corp purchased a new stake in BWX Technologies in the second quarter valued at approximately $222,587,000. Invesco Ltd. lifted its stake in BWX Technologies by 60.1% in the third quarter. Invesco Ltd. now owns 2,549,150 shares of the technology company’s stock worth $469,987,000 after acquiring an additional 956,770 shares during the period. Select Equity Group L.P. bought a new stake in shares of BWX Technologies during the 2nd quarter valued at about $68,902,000. Orion Porfolio Solutions LLC grew its stake in BWX Technologies by 1,353.1% in the second quarter. Orion Porfolio Solutions LLC now owns 363,757 shares of the technology company’s stock worth $52,403,000 after purchasing an additional 338,723 shares during the period. Finally, Orbis Allan Gray Ltd bought a new stake in shares of BWX Technologies in the 2nd quarter worth approximately $42,504,000. 94.39% of the stock is owned by institutional investors.

Insider Activity at BWX Technologies

In related news, CEO Rex D. Geveden sold 10,000 shares of the business’s stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $172.50, for a total value of $1,725,000.00. Following the sale, the chief executive officer directly owned 192,491 shares in the company, valued at approximately $33,204,697.50. The trade was a 4.94% 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. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.60% of the company’s stock.

Analyst Ratings Changes

BWXT has been the topic of several recent analyst reports. Seaport Research Partners upgraded BWX Technologies from a “neutral” rating to a “buy” rating and set a $245.00 target price on the stock in a research note on Monday, June 22nd. JPMorgan Chase & Co. began coverage on BWX Technologies in a report on Monday, July 27th. They issued an “overweight” rating and a $230.00 target price on the stock. Truist Financial cut their price target on BWX Technologies from $212.00 to $202.00 and set a “hold” rating for the company in a research note on Friday. Zacks Research lowered shares of BWX Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 11th. Finally, Deutsche Bank Aktiengesellschaft upgraded BWX Technologies from a “hold” rating to a “buy” rating and upped their price target for the stock from $205.00 to $255.00 in a research report on Friday, May 15th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $227.20.

Get Our Latest Research Report on BWX Technologies

BWX Technologies Trading Down 3.8%

BWXT stock opened at $165.09 on Wednesday. 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, Inc. has a 1-year low of $157.10 and a 1-year high of $241.82. The business has a 50 day simple moving average of $182.62 and a two-hundred day simple moving average of $198.37. The company has a market capitalization of $15.13 billion, a price-to-earnings ratio of 42.77, a PEG ratio of 2.71 and a beta of 0.76.

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

BWX Technologies Announces Dividend

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 $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Tuesday, August 18th. BWX Technologies’s payout ratio is 27.98%.

About BWX Technologies

(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.

Further Reading

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Institutional Ownership by Quarter for BWX Technologies (NYSE:BWXT)

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