Bridges Investment Management Inc. Decreases Stock Holdings in BWX Technologies, Inc. $BWXT

Bridges Investment Management Inc. trimmed its position in shares of BWX Technologies, Inc. (NYSE:BWXT) by 18.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 232,540 shares of the technology company’s stock after selling 53,481 shares during the period. Bridges Investment Management Inc.’s holdings in BWX Technologies were worth $40,192,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of BWXT. Alkeon Capital Management LLC lifted its position in shares of BWX Technologies by 163.0% during 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 buying an additional 978,000 shares during the last quarter. Invesco Ltd. lifted its position in shares of BWX Technologies by 60.1% during the third quarter. Invesco Ltd. now owns 2,549,150 shares of the technology company’s stock valued at $469,987,000 after buying an additional 956,770 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of BWX Technologies during the third quarter valued at about $163,969,000. Select Equity Group L.P. purchased a new stake in shares of BWX Technologies during the second quarter valued at about $68,902,000. Finally, Orion Porfolio Solutions LLC lifted its position in shares of BWX Technologies by 1,353.1% during the second quarter. Orion Porfolio Solutions LLC now owns 363,757 shares of the technology company’s stock valued at $52,403,000 after buying an additional 338,723 shares during the last quarter. 94.39% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at BWX Technologies

In related news, CFO Michael Thomas Fitzgerald sold 2,417 shares of the stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $209.25, for a total value of $505,757.25. Following the transaction, the chief financial officer owned 6,884 shares in the company, valued at approximately $1,440,477. This represents a 25.99% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Rex D. Geveden sold 10,000 shares of the stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $204.81, for a total transaction of $2,048,100.00. Following the completion of the transaction, the chief executive officer owned 202,491 shares in the company, valued at approximately $41,472,181.71. This trade represents a 4.71% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is currently owned by corporate insiders.

BWX Technologies Stock Performance

Shares of BWX Technologies stock opened at $186.95 on Wednesday. The firm has a market capitalization of $17.13 billion, a P/E ratio of 49.99, a PEG ratio of 3.10 and a beta of 0.73. The company has a quick ratio of 2.33, a current ratio of 2.40 and a debt-to-equity ratio of 1.58. The company has a 50 day moving average price of $212.55 and a 200 day moving average price of $199.56. BWX Technologies, Inc. has a 52 week low of $126.91 and a 52 week high of $241.82.

BWX Technologies (NYSE:BWXT) last announced its quarterly earnings data on Monday, May 4th. The technology company reported $1.12 EPS for the quarter, beating the consensus estimate of $0.92 by $0.20. The firm had revenue of $860.22 million during the quarter, compared to analyst estimates of $837.47 million. BWX Technologies had a net margin of 10.20% and a return on equity of 31.33%. BWX Technologies’s revenue was up 26.1% on a year-over-year basis. During the same period last year, the firm posted $0.91 EPS. BWX Technologies has set its FY 2026 guidance at 4.600-4.750 EPS. Sell-side analysts expect that BWX Technologies, Inc. will post 4.71 EPS for the current year.

BWX Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Tuesday, May 19th will be issued a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 0.6%. The ex-dividend date is Tuesday, May 19th. BWX Technologies’s dividend payout ratio is 28.88%.

Analyst Upgrades and Downgrades

Several analysts have commented on BWXT shares. Zacks Research lowered shares of BWX Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 11th. Wall Street Zen raised shares of BWX Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. TD Securities initiated 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. Wells Fargo & Company initiated coverage on shares of BWX Technologies in a research report on Wednesday, April 1st. They issued an “underweight” rating and a $200.00 price objective for the company. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of BWX Technologies in a research report on Friday, May 22nd. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $228.00.

BWX Technologies Company Profile

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.