Stephens Inc. AR Raises Position in BWX Technologies, Inc. $BWXT

Stephens Inc. AR increased its holdings in BWX Technologies, Inc. (NYSE:BWXT) by 6.2% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 18,481 shares of the technology company’s stock after buying an additional 1,087 shares during the period. Stephens Inc. AR’s holdings in BWX Technologies were worth $2,662,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Stone House Investment Management LLC purchased a new stake in shares of BWX Technologies in the first quarter worth $31,000. Compass Financial Services Inc purchased a new stake in shares of BWX Technologies in the first quarter worth $33,000. HHM Wealth Advisors LLC raised its position in shares of BWX Technologies by 34.5% in the first quarter. HHM Wealth Advisors LLC now owns 390 shares of the technology company’s stock worth $38,000 after buying an additional 100 shares in the last quarter. National Bank of Canada FI raised its position in shares of BWX Technologies by 369.7% in the first quarter. National Bank of Canada FI now owns 559 shares of the technology company’s stock worth $55,000 after buying an additional 440 shares in the last quarter. Finally, Hazlett Burt & Watson Inc. raised its position in shares of BWX Technologies by 194.0% in the first quarter. Hazlett Burt & Watson Inc. now owns 632 shares of the technology company’s stock worth $63,000 after buying an additional 417 shares in the last quarter. Hedge funds and other institutional investors own 94.39% of the company’s stock.

Insider Activity at BWX Technologies

In other BWX Technologies 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 value of $406,618.24. Following the completion of the sale, the senior vice president owned 2,361 shares of the company’s stock, valued at approximately $424,602.24. The trade was a 48.92% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Leland D. Melvin sold 600 shares of the business’s stock in a transaction on Monday, August 11th. The shares were sold at an average price of $178.26, for a total transaction of $106,956.00. Following the sale, the director directly owned 5,579 shares of the company’s stock, valued at approximately $994,512.54. The trade was a 9.71% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 29,953 shares of company stock worth $5,359,758. Company insiders own 0.47% of the company’s stock.

BWX Technologies Price Performance

BWXT stock opened at $191.29 on Thursday. The firm has a market capitalization of $17.48 billion, a price-to-earnings ratio of 59.78, a PEG ratio of 4.08 and a beta of 0.78. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.60 and a current ratio of 1.69. The firm has a 50 day moving average price of $178.21 and a 200-day moving average price of $146.05. BWX Technologies, Inc. has a 52-week low of $84.21 and a 52-week high of $214.72.

BWX Technologies (NYSE:BWXT) last posted its 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. BWX Technologies had a net margin of 10.28% and a return on equity of 30.61%. The business had revenue of $764.00 million during the quarter, compared to the consensus estimate of $708.00 million. During the same quarter in the previous year, the firm posted $0.82 EPS. The firm’s revenue was up 12.1% on a year-over-year basis. BWX Technologies has set its FY 2025 guidance at 3.650-3.750 EPS. Equities research analysts forecast that BWX Technologies, Inc. will post 3.23 EPS for the current fiscal year.

BWX Technologies Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on BWXT shares. Northland Securities started coverage on BWX Technologies in a research report on Wednesday, September 10th. They issued an “outperform” rating and a $205.00 price objective on the stock. Deutsche Bank Aktiengesellschaft set a $180.00 target price on BWX Technologies and gave the company a “hold” rating in a research note on Wednesday, October 8th. Zacks Research raised BWX Technologies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 7th. William Blair reissued an “outperform” rating on shares of BWX Technologies in a research note on Wednesday, September 17th. Finally, Maxim Group reissued a “hold” rating on shares of BWX Technologies in a research note on Wednesday, August 6th. Three research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $168.08.

BWX Technologies 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.