Northland Capmk Upgrades BWX Technologies (NYSE:BWXT) to Strong-Buy

BWX Technologies (NYSE:BWXT) was upgraded by equities researchers at Northland Capmk to a “strong-buy” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

BWXT has been the topic of a number of other research reports. Wall Street Zen lowered BWX Technologies from a “buy” rating to a “hold” rating in a report on Saturday, August 9th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $150.00 target price (up from $119.00) on shares of BWX Technologies in a research note on Tuesday, July 8th. Maxim Group restated a “hold” rating on shares of BWX Technologies in a research note on Wednesday, August 6th. William Blair reaffirmed an “outperform” rating on shares of BWX Technologies in a report on Wednesday, June 18th. Finally, CLSA reissued an “outperform” rating and issued a $177.60 price objective (up from $153.00) on shares of BWX Technologies in a research note on Tuesday, May 27th. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $160.83.

BWX Technologies Stock Performance

Shares of BWX Technologies stock opened at $165.76 on Tuesday. The firm’s fifty day simple moving average is $157.33 and its 200-day simple moving average is $128.12. BWX Technologies has a 12 month low of $84.21 and a 12 month high of $189.25. The stock has a market capitalization of $15.15 billion, a price-to-earnings ratio of 51.80, a PEG ratio of 3.68 and a beta of 0.75. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.69 and a quick ratio of 1.60.

BWX Technologies (NYSE:BWXT) last issued its quarterly earnings results on Monday, August 4th. The technology company reported $1.02 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.23. BWX Technologies had a net margin of 10.28% and a return on equity of 30.61%. The firm had revenue of $764.00 million during the quarter, compared to analysts’ expectations of $708.00 million. During the same quarter in the prior year, the business earned $0.82 EPS. BWX Technologies’s quarterly revenue was up 12.1% compared to the same quarter last year. BWX Technologies has set its FY 2025 guidance at 3.650-3.750 EPS. As a group, equities analysts forecast that BWX Technologies will post 3.23 earnings per share for the current year.

Insider Activity at BWX Technologies

In other news, SVP Omar Fathi Meguid sold 2,261 shares of BWX Technologies stock in a transaction that occurred on Wednesday, August 6th. The shares were sold at an average price of $179.84, for a total transaction of $406,618.24. Following the completion of the sale, the senior vice president directly owned 2,361 shares in the company, valued at approximately $424,602.24. This trade represents a 48.92% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Ronald Owen Whitford, Jr. sold 2,092 shares of the business’s stock in a transaction that occurred on Monday, August 11th. The stock was sold at an average price of $177.43, for a total value of $371,183.56. Following the sale, the senior vice president directly owned 10,149 shares in the company, valued at $1,800,737.07. This trade represents a 17.09% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 29,953 shares of company stock worth $5,359,758. 0.47% of the stock is owned by company insiders.

Institutional Trading of BWX Technologies

Large investors have recently bought and sold shares of the company. Creative Financial Designs Inc. ADV raised its stake in shares of BWX Technologies by 250.0% during the 2nd quarter. Creative Financial Designs Inc. ADV now owns 175 shares of the technology company’s stock worth $25,000 after buying an additional 125 shares during the last quarter. Hantz Financial Services Inc. increased its holdings in BWX Technologies by 861.9% during the 2nd quarter. Hantz Financial Services Inc. now owns 202 shares of the technology company’s stock valued at $29,000 after acquiring an additional 181 shares in the last quarter. WFA of San Diego LLC acquired a new position in BWX Technologies during the second quarter worth about $29,000. Stone House Investment Management LLC purchased a new stake in shares of BWX Technologies in the first quarter valued at about $31,000. Finally, Compass Financial Services Inc purchased a new stake in shares of BWX Technologies in the first quarter valued at about $33,000. Institutional investors and hedge funds own 94.39% of the company’s stock.

BWX Technologies Company Profile

BWX Technologies, Inc, together with its subsidiaries, manufactures and sells nuclear components in the United States, Canada, and internationally. It operates through two segments, Government Operations and Commercial Operations. The Government Operations segment designs and manufactures naval nuclear components, reactors, and nuclear fuel; fabrication activities; and supplies proprietary and sole-source valves, manifolds, and fittings to naval and commercial shipping customers.