Police & Firemen s Retirement System of New Jersey Has $4.99 Million Stock Holdings in BWX Technologies, Inc. $BWXT

Police & Firemen s Retirement System of New Jersey grew its holdings in shares of BWX Technologies, Inc. (NYSE:BWXT) by 4.7% during the second quarter, Holdings Channel reports. The firm owned 34,636 shares of the technology company’s stock after purchasing an additional 1,548 shares during the period. Police & Firemen s Retirement System of New Jersey’s holdings in BWX Technologies were worth $4,990,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of BWXT. Intrua Financial LLC raised its stake in shares of BWX Technologies by 3.9% in the 1st quarter. Intrua Financial LLC now owns 2,625 shares of the technology company’s stock valued at $259,000 after acquiring an additional 99 shares in the last quarter. 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 worth $38,000 after acquiring an additional 100 shares during the period. Oakworth Capital Inc. lifted its position in BWX Technologies by 10.0% during the 2nd quarter. Oakworth Capital Inc. now owns 1,105 shares of the technology company’s stock worth $159,000 after acquiring an additional 100 shares during the last quarter. Louisiana State Employees Retirement System grew its position in shares of BWX Technologies by 0.4% in the second quarter. Louisiana State Employees Retirement System now owns 25,700 shares of the technology company’s stock valued at $3,702,000 after purchasing an additional 100 shares during the last quarter. Finally, State of Michigan Retirement System lifted its position in shares of BWX Technologies by 0.5% during the 2nd quarter. State of Michigan Retirement System now owns 22,000 shares of the technology company’s stock worth $3,169,000 after purchasing an additional 100 shares during the last quarter. 94.39% of the stock is currently owned by institutional investors.

BWX Technologies Price Performance

Shares of BWXT stock opened at $177.57 on Friday. The stock’s fifty day moving average is $190.10 and its 200-day moving average is $158.26. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.60 and a current ratio of 1.69. BWX Technologies, Inc. has a 52 week low of $84.21 and a 52 week high of $218.50. The stock has a market capitalization of $16.23 billion, a PE ratio of 55.49, a PEG ratio of 4.24 and a beta of 0.78.

BWX Technologies (NYSE:BWXT) last issued its quarterly earnings data on Monday, November 3rd. The technology company reported $1.00 EPS for the quarter, topping analysts’ consensus estimates of $0.85 by $0.15. BWX Technologies had a net margin of 10.28% and a return on equity of 30.61%. The firm had revenue of $866.29 million for the quarter, compared to analyst estimates of $795.48 million. During the same quarter in the prior year, the firm earned $0.83 EPS. The company’s revenue was up 28.9% on a year-over-year basis. BWX Technologies has set its FY 2025 guidance at 3.750-3.800 EPS. Equities research analysts expect that BWX Technologies, Inc. will post 3.23 EPS for the current fiscal year.

BWX Technologies Dividend Announcement

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

Insider Activity

In related news, CEO Rex D. Geveden sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $197.90, for a total value of $1,979,000.00. Following the transaction, the chief executive officer owned 187,594 shares in the company, valued at $37,124,852.60. This trade represents a 5.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.47% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Northland Capmk raised BWX Technologies to a “strong-buy” rating in a research report on Tuesday, September 9th. Northland Securities set a $225.00 price target on BWX Technologies in a research note on Tuesday, November 4th. BTIG Research boosted their price objective on BWX Technologies from $200.00 to $225.00 and gave the company a “buy” rating in a research report on Friday, November 7th. William Blair reiterated an “outperform” rating on shares of BWX Technologies in a research note on Wednesday, September 17th. Finally, Deutsche Bank Aktiengesellschaft set a $180.00 target price on shares of BWX Technologies and gave the company a “hold” rating in a research report on Wednesday, October 8th. Three research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $184.83.

About BWX Technologies

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.