Citizens Business Bank Purchases 24,860 Shares of BWX Technologies, Inc. $BWXT

Citizens Business Bank increased its position in BWX Technologies, Inc. (NYSE:BWXTFree Report) by 560.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 29,292 shares of the technology company’s stock after acquiring an additional 24,860 shares during the quarter. Citizens Business Bank’s holdings in BWX Technologies were worth $5,063,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of BWXT. Alkeon Capital Management LLC boosted its position in shares of BWX Technologies by 163.0% in the third quarter. Alkeon Capital Management LLC now owns 1,578,048 shares of the technology company’s stock valued at $290,945,000 after acquiring an additional 978,000 shares during the period. Invesco Ltd. boosted its position in shares of BWX Technologies by 60.1% in the third quarter. Invesco Ltd. now owns 2,549,150 shares of the technology company’s stock valued at $469,987,000 after acquiring an additional 956,770 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of BWX Technologies in the third quarter valued at approximately $163,969,000. Select Equity Group L.P. bought a new position in shares of BWX Technologies in the second quarter valued at approximately $68,902,000. Finally, Orion Porfolio Solutions LLC boosted its position in shares of BWX Technologies by 1,353.1% in the second quarter. Orion Porfolio Solutions LLC now owns 363,757 shares of the technology company’s stock valued at $52,403,000 after acquiring an additional 338,723 shares during the period. 94.39% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on BWXT. TD Securities began coverage on shares of BWX Technologies in a research report on Thursday, March 12th. They issued a “buy” rating and a $230.00 price objective for the company. Wall Street Zen lowered shares of BWX Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Truist Financial set a $205.00 price objective on shares of BWX Technologies in a research report on Friday, January 9th. TD Cowen began coverage on shares of BWX Technologies in a research report on Thursday, March 12th. They issued a “buy” rating and a $230.00 price objective for the company. Finally, BTIG Research lifted their target price on shares of BWX Technologies from $225.00 to $235.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. Three investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $207.60.

View Our Latest Stock Analysis on BWX Technologies

Insider Buying and Selling at BWX Technologies

In other BWX Technologies news, Director Gerhard F. Burbach sold 1,983 shares of BWX Technologies stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $208.61, for a total transaction of $413,673.63. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Kevin James Gorman sold 1,344 shares of BWX Technologies stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $214.71, for a total transaction of $288,570.24. Following the transaction, the chief accounting officer directly owned 114 shares in the company, valued at $24,476.94. This trade represents a 92.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 13,327 shares of company stock worth $2,734,844 over the last three months. 0.60% of the stock is owned by insiders.

BWX Technologies Trading Up 4.1%

Shares of BWX Technologies stock opened at $216.62 on Friday. BWX Technologies, Inc. has a 1 year low of $102.42 and a 1 year high of $241.82. The firm has a market cap of $19.84 billion, a PE ratio of 60.68, a PEG ratio of 3.59 and a beta of 0.80. The company has a debt-to-equity ratio of 1.64, a current ratio of 2.32 and a quick ratio of 2.25. The company has a 50 day simple moving average of $212.42 and a two-hundred day simple moving average of $199.56.

BWX Technologies (NYSE:BWXTGet Free Report) last announced its earnings results on Monday, February 23rd. The technology company reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.17. BWX Technologies had a net margin of 10.28% and a return on equity of 30.94%. The business had revenue of $885.84 million during the quarter, compared to analyst estimates of $837.47 million. During the same period in the previous year, the business posted $0.92 earnings per share. BWX Technologies’s revenue for the quarter was up 18.7% on a year-over-year basis. BWX Technologies has set its FY 2026 guidance at 4.550-4.700 EPS. Analysts expect that BWX Technologies, Inc. will post 4.6 earnings per share for the current fiscal year.

BWX Technologies Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Wednesday, March 11th were given a dividend of $0.27 per share. The ex-dividend date was Wednesday, March 11th. This is a boost from BWX Technologies’s previous quarterly dividend of $0.25. This represents a $1.08 annualized dividend and a yield of 0.5%. BWX Technologies’s dividend payout ratio (DPR) is presently 30.25%.

About BWX Technologies

(Free Report)

BWX Technologies, Inc (NYSE: BWXT) is a specialized supplier of nuclear components and services, primarily serving the U.S. government and commercial markets. The company’s core expertise lies in the design, fabrication and servicing of nuclear propulsion systems for the U.S. Navy, where it supports the maintenance and overhaul of naval nuclear reactors. In addition to defense applications, BWXT develops small modular reactors (SMRs), nuclear fuel and related technologies for non‐defense power generation, offering scalable solutions to meet evolving energy and industrial demands.

Beyond propulsion and power systems, BWXT is a leading producer of medical radioisotopes used in diagnostic imaging and cancer treatment.

See Also

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Institutional Ownership by Quarter for BWX Technologies (NYSE:BWXT)

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