Mirabella Financial Services LLP Takes $2.36 Million Position in BWX Technologies, Inc. $BWXT

Mirabella Financial Services LLP purchased a new stake in shares of BWX Technologies, Inc. (NYSE:BWXT) during the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 16,393 shares of the technology company’s stock, valued at approximately $2,362,000.

Several other hedge funds also recently added to or reduced their stakes in BWXT. Creative Financial Designs Inc. ADV lifted its stake in shares of BWX Technologies by 250.0% in the 2nd quarter. Creative Financial Designs Inc. ADV now owns 175 shares of the technology company’s stock valued at $25,000 after purchasing an additional 125 shares during the last quarter. Hantz Financial Services Inc. raised its holdings in BWX Technologies by 861.9% in the 2nd quarter. Hantz Financial Services Inc. now owns 202 shares of the technology company’s stock valued at $29,000 after buying an additional 181 shares during the period. Stone House Investment Management LLC purchased a new stake in BWX Technologies in the 1st quarter valued at about $31,000. Compass Financial Services Inc acquired a new position in BWX Technologies in the first quarter valued at about $33,000. Finally, Parkside Financial Bank & Trust boosted its stake in BWX Technologies by 60.5% during the second quarter. Parkside Financial Bank & Trust now owns 390 shares of the technology company’s stock worth $56,000 after buying an additional 147 shares during the period. 94.39% of the stock is currently owned by hedge funds and other institutional investors.

BWX Technologies Stock Up 2.4%

BWXT stock opened at $178.96 on Friday. The company’s 50 day moving average price is $191.30 and its 200 day moving average price is $164.45. The firm has a market capitalization of $16.36 billion, a price-to-earnings ratio of 53.74, a PEG ratio of 3.43 and a beta of 0.85. BWX Technologies, Inc. has a fifty-two week low of $84.21 and a fifty-two week high of $218.50. The company has a debt-to-equity ratio of 1.21, a quick ratio of 1.62 and a current ratio of 1.71.

BWX Technologies (NYSE:BWXT) last issued its quarterly earnings results on Monday, November 3rd. The technology company reported $1.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.85 by $0.15. BWX Technologies had a net margin of 10.04% and a return on equity of 30.70%. The company had revenue of $866.29 million during the quarter, compared to the consensus estimate of $795.48 million. During the same quarter in the previous year, the firm earned $0.83 earnings per share. The firm’s quarterly 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. On average, equities research analysts anticipate that BWX Technologies, Inc. will post 3.23 EPS for the current fiscal year.

BWX Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Wednesday, November 19th will be paid a $0.25 dividend. The ex-dividend date is Wednesday, November 19th. This represents a $1.00 dividend on an annualized basis and a yield of 0.6%. BWX Technologies’s dividend payout ratio (DPR) is currently 30.03%.

Wall Street Analyst Weigh In

BWXT has been the topic of a number of research analyst reports. Bank of America boosted their price target on shares of BWX Technologies from $220.00 to $230.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. BTIG Research upped their price target on BWX Technologies from $200.00 to $225.00 and gave the stock a “buy” rating in a research note on Friday, November 7th. Zacks Research cut BWX Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 24th. Deutsche Bank Aktiengesellschaft set a $180.00 target price on BWX Technologies and gave the stock a “hold” rating in a research note on Wednesday, October 8th. Finally, Wedbush reiterated an “outperform” rating on shares of BWX Technologies in a research note on Wednesday, October 1st. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average 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 business’s stock in a transaction that occurred 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 completion of the sale, the chief executive officer owned 187,594 shares in the company, valued at $37,124,852.60. The trade was a 5.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.47% of the company’s stock.

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.