Ieq Capital LLC Takes Position in BWX Technologies, Inc. $BWXT

Ieq Capital LLC purchased a new position in BWX Technologies, Inc. (NYSE:BWXT) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 5,880 shares of the technology company’s stock, valued at approximately $1,144,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BWXT. BlackRock Inc. purchased a new position in BWX Technologies during the second quarter valued at $2,359,895,000. Bank of New York Mellon Corp purchased a new stake in shares of BWX Technologies in the second quarter worth $222,587,000. Invesco Ltd. increased its holdings in shares of BWX Technologies by 60.1% during the third quarter. Invesco Ltd. now owns 2,549,150 shares of the technology company’s stock valued at $469,987,000 after acquiring an additional 956,770 shares in the last quarter. Select Equity Group L.P. bought a new position in shares of BWX Technologies during the second quarter valued at $68,902,000. Finally, Orion Porfolio Solutions LLC raised its position in shares of BWX Technologies by 1,353.1% in the 2nd 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 last quarter. Institutional investors own 94.39% of the company’s stock.

Insiders Place Their Bets

In other BWX Technologies news, CEO Rex D. Geveden sold 10,000 shares of the 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 transaction, the chief executive officer owned 192,491 shares of the company’s stock, valued at approximately $33,204,697.50. This represents a 4.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.60% of the company’s stock.

BWX Technologies Stock Up 2.4%

Shares of BWX Technologies stock opened at $153.35 on Thursday. BWX Technologies, Inc. has a twelve month low of $147.74 and a twelve month high of $241.82. The company has a quick ratio of 2.33, a current ratio of 2.40 and a debt-to-equity ratio of 1.51. The company’s 50 day moving average is $177.86 and its 200 day moving average is $196.39. The company has a market cap of $14.05 billion, a price-to-earnings ratio of 39.73, a price-to-earnings-growth ratio of 2.34 and a beta of 0.76.

BWX Technologies (NYSE:BWXT) last posted its earnings results on Monday, August 3rd. The technology company reported $1.07 EPS for the quarter, topping analysts’ consensus estimates of $1.04 by $0.03. The business had revenue of $901.62 million during the quarter, compared to the consensus estimate of $902.41 million. BWX Technologies had a net margin of 10.11% and a return on equity of 30.83%. The firm’s revenue was up 18.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.02 EPS. 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 year.

BWX Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Tuesday, August 18th will be given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Tuesday, August 18th. BWX Technologies’s dividend payout ratio is 27.98%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Seaport Research Partners upgraded shares of BWX Technologies from a “neutral” rating to a “buy” rating and set a $245.00 price target on the stock in a research note on Monday, June 22nd. Deutsche Bank Aktiengesellschaft upgraded shares of BWX Technologies from a “hold” rating to a “buy” rating and raised their price objective for the company from $205.00 to $255.00 in a research note on Friday, May 15th. Truist Financial dropped their target price on shares of BWX Technologies from $212.00 to $202.00 and set a “hold” rating on the stock in a research note on Friday, August 14th. Zacks Research cut shares of BWX Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. Finally, JPMorgan Chase & Co. assumed coverage on shares of BWX Technologies in a report on Monday, July 27th. They set an “overweight” rating and a $230.00 price target on the stock. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $227.20.

BWX Technologies 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.