L & S Advisors Inc Has $4.16 Million Stake in BWX Technologies, Inc. $BWXT

L & S Advisors Inc boosted its position in BWX Technologies, Inc. (NYSE:BWXT) by 3.9% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 28,897 shares of the technology company’s stock after purchasing an additional 1,080 shares during the period. L & S Advisors Inc’s holdings in BWX Technologies were worth $4,163,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in BWXT. Creative Financial Designs Inc. ADV lifted its position 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 valued at $25,000 after acquiring an additional 125 shares during the period. Hantz Financial Services Inc. lifted its holdings in BWX Technologies by 861.9% during the second quarter. Hantz Financial Services Inc. now owns 202 shares of the technology company’s stock valued at $29,000 after purchasing an additional 181 shares during the last quarter. Stone House Investment Management LLC purchased a new position in shares of BWX Technologies in the first quarter valued at $31,000. Compass Financial Services Inc purchased a new position in BWX Technologies during the first quarter valued at approximately $33,000. Finally, HHM Wealth Advisors LLC boosted 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 purchasing an additional 100 shares during the period. Institutional investors and hedge funds own 94.39% of the company’s stock.

BWX Technologies Trading Down 9.7%

Shares of BWXT opened at $177.59 on Friday. The company has a current ratio of 1.69, a quick ratio of 1.60 and a debt-to-equity ratio of 1.28. BWX Technologies, Inc. has a 12-month low of $84.21 and a 12-month high of $218.50. The firm has a market capitalization of $16.24 billion, a P/E ratio of 55.50, a P/E/G ratio of 4.24 and a beta of 0.78. The firm has a 50-day moving average price of $189.82 and a 200 day moving average price of $157.44.

BWX Technologies (NYSE:BWXT) last issued its earnings results on Monday, November 3rd. The technology company reported $1.00 EPS for the quarter, beating analysts’ consensus estimates of $0.85 by $0.15. The company had revenue of $866.29 million during the quarter, compared to the consensus estimate of $795.48 million. BWX Technologies had a return on equity of 30.61% and a net margin of 10.28%.BWX Technologies’s quarterly revenue was up 28.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.83 earnings per share. BWX Technologies has set its FY 2025 guidance at 3.750-3.800 EPS. Sell-side analysts forecast that BWX Technologies, Inc. will post 3.23 EPS for the current year.

BWX Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Wednesday, November 19th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Wednesday, November 19th. BWX Technologies’s dividend payout ratio is currently 30.03%.

Wall Street Analyst Weigh In

A number of research analysts recently commented on BWXT shares. Zacks Research raised BWX Technologies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 7th. Weiss Ratings raised shares of BWX Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, November 7th. 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. Northland Securities set a $225.00 price target on BWX Technologies in a research report on Tuesday, November 4th. Finally, Wedbush reiterated an “outperform” rating on shares of BWX Technologies in a research note on Wednesday, October 1st. Three investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $184.83.

Insider Buying and Selling at BWX Technologies

In related news, CEO Rex D. Geveden sold 10,000 shares of the firm’s stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $197.90, for a total transaction of $1,979,000.00. Following the sale, the chief executive officer owned 187,594 shares of the company’s stock, valued at $37,124,852.60. This trade represents a 5.06% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 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.