Blue Trust Inc. Has $123,000 Stock Position in BWX Technologies, Inc. $BWXT

Blue Trust Inc. decreased its position in BWX Technologies, Inc. (NYSE:BWXT) by 17.9% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 855 shares of the technology company’s stock after selling 187 shares during the period. Blue Trust Inc.’s holdings in BWX Technologies were worth $123,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in BWXT. Stone House Investment Management LLC acquired a new position in BWX Technologies in the 1st quarter valued at approximately $31,000. Compass Financial Services Inc acquired a new position in BWX Technologies in the 1st quarter valued at approximately $33,000. HHM Wealth Advisors LLC raised its holdings in BWX Technologies by 34.5% in the 1st quarter. HHM Wealth Advisors LLC now owns 390 shares of the technology company’s stock valued at $38,000 after acquiring an additional 100 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in BWX Technologies by 109.6% in the 1st quarter. Farther Finance Advisors LLC now owns 459 shares of the technology company’s stock valued at $46,000 after acquiring an additional 240 shares in the last quarter. Finally, National Bank of Canada FI raised its holdings in BWX Technologies by 369.7% in the 1st quarter. National Bank of Canada FI now owns 559 shares of the technology company’s stock valued at $55,000 after acquiring an additional 440 shares in the last quarter. Institutional investors and hedge funds own 94.39% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on BWXT shares. William Blair reiterated an “outperform” rating on shares of BWX Technologies in a research note on Wednesday, September 17th. Bank of America upped their price objective on BWX Technologies from $155.00 to $220.00 and gave the company a “buy” rating in a research note on Wednesday, August 13th. Weiss Ratings lowered BWX Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft set a $180.00 price objective on BWX Technologies and gave the company a “hold” rating in a research note on Wednesday, October 8th. Finally, Northland Securities started coverage on BWX Technologies in a research note on Wednesday, September 10th. They issued an “outperform” rating and a $205.00 price objective on the stock. Three analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, BWX Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $168.08.

BWX Technologies Stock Up 2.6%

NYSE BWXT opened at $209.06 on Friday. The firm has a market cap of $19.11 billion, a PE ratio of 65.33, a price-to-earnings-growth ratio of 4.05 and a beta of 0.78. BWX Technologies, Inc. has a one year low of $84.21 and a one year high of $214.72. The stock’s 50 day simple moving average is $176.33 and its 200 day simple moving average is $143.15. 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 released its quarterly earnings results on Monday, August 4th. The technology company reported $1.02 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.23. The business had revenue of $764.00 million for the quarter, compared to analyst estimates of $708.00 million. BWX Technologies had a return on equity of 30.61% and a net margin of 10.28%.BWX Technologies’s revenue for the quarter was up 12.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.82 EPS. BWX Technologies has set its FY 2025 guidance at 3.650-3.750 EPS. As a group, sell-side analysts forecast that BWX Technologies, Inc. will post 3.23 earnings per share for the current fiscal year.

BWX Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 5th. Investors of record on Monday, August 18th were given a dividend of $0.25 per share. The ex-dividend date was Monday, August 18th. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. BWX Technologies’s dividend payout ratio is 31.25%.

Insiders Place Their Bets

In related news, SVP Ronald Owen Whitford, Jr. sold 2,092 shares of the stock in a transaction that occurred on Monday, August 11th. The stock was sold at an average price of $177.43, for a total transaction 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 represents a 17.09% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Omar Fathi Meguid sold 2,261 shares of the stock in a transaction that occurred on Wednesday, August 6th. The stock was sold at an average price of $179.84, for a total value of $406,618.24. Following the sale, the senior vice president owned 2,361 shares in the company, valued at approximately $424,602.24. This trade represents a 48.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 29,953 shares of company stock valued at $5,359,758 in the last 90 days. Insiders own 0.47% 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.