Barometer Capital Management Inc. Takes $2.82 Million Position in BWX Technologies, Inc. $BWXT

Barometer Capital Management Inc. acquired a new position in shares of BWX Technologies, Inc. (NYSE:BWXT) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 13,800 shares of the technology company’s stock, valued at approximately $2,822,000. BWX Technologies makes up approximately 1.2% of Barometer Capital Management Inc.’s holdings, making the stock its 22nd biggest position.

A number of other institutional investors and hedge funds have also made changes to their positions in BWXT. PNC Financial Services Group Inc. raised its holdings in BWX Technologies by 30.0% in the first quarter. PNC Financial Services Group Inc. now owns 15,808 shares of the technology company’s stock valued at $3,233,000 after acquiring an additional 3,648 shares in the last quarter. Wilkerson Advisory Group LLC acquired a new position in BWX Technologies during the 1st quarter worth approximately $95,000. Hollencrest Capital Management increased its position in shares of BWX Technologies by 86.5% in the 1st quarter. Hollencrest Capital Management now owns 388 shares of the technology company’s stock valued at $79,000 after purchasing an additional 180 shares during the last quarter. Meeder Advisory Services Inc. purchased a new stake in shares of BWX Technologies in the 1st quarter valued at approximately $208,000. Finally, Swiss National Bank raised its holdings in shares of BWX Technologies by 0.3% in the 1st quarter. Swiss National Bank now owns 180,800 shares of the technology company’s stock valued at $36,972,000 after purchasing an additional 600 shares in the last quarter. 94.39% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of BWX Technologies in a research note on Friday, May 22nd. Wall Street Zen upgraded BWX Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Deutsche Bank Aktiengesellschaft raised BWX Technologies from a “hold” rating to a “buy” rating and upped their price objective for the stock from $205.00 to $255.00 in a research report on Friday, May 15th. Seaport Research Partners upgraded BWX Technologies from a “neutral” rating to a “buy” rating and set a $245.00 price objective on the stock in a report on Monday, June 22nd. Finally, Bank of America raised their target price on BWX Technologies from $230.00 to $250.00 and gave the stock a “buy” rating in a research report on Wednesday, March 25th. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $228.00.

Insider Transactions at BWX Technologies

In other news, CFO Michael Thomas Fitzgerald sold 2,417 shares of the business’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $209.25, for a total value of $505,757.25. Following the completion of the sale, the chief financial officer directly owned 6,884 shares of the company’s stock, valued at approximately $1,440,477. The trade was a 25.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Rex D. Geveden sold 10,000 shares of the company’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $204.81, for a total value of $2,048,100.00. Following the completion of the sale, the chief executive officer directly owned 202,491 shares of the company’s stock, valued at approximately $41,472,181.71. This trade represents a 4.71% decrease in their ownership of the stock. 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 insiders.

BWX Technologies Trading Up 2.1%

Shares of BWX Technologies stock opened at $173.16 on Wednesday. The company has a current ratio of 2.40, a quick ratio of 2.33 and a debt-to-equity ratio of 1.58. The company has a fifty day simple moving average of $193.36 and a 200-day simple moving average of $202.97. The stock has a market cap of $15.86 billion, a price-to-earnings ratio of 46.30, a PEG ratio of 2.89 and a beta of 0.74. BWX Technologies, Inc. has a 12-month low of $136.18 and a 12-month high of $241.82.

BWX Technologies (NYSE:BWXT) last announced its quarterly earnings results on Monday, May 4th. The technology company reported $1.12 EPS for the quarter, topping the consensus estimate of $0.92 by $0.20. BWX Technologies had a net margin of 10.20% and a return on equity of 31.33%. The firm had revenue of $860.22 million for the quarter, compared to analyst estimates of $837.47 million. During the same period last year, the business earned $0.91 EPS. BWX Technologies’s revenue for the quarter was up 26.1% compared to the same quarter last year. BWX Technologies has set its FY 2026 guidance at 4.600-4.750 EPS. On average, equities analysts forecast that BWX Technologies, Inc. will post 4.6 EPS for the current fiscal year.

BWX Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Tuesday, May 19th were given a dividend of $0.27 per share. The ex-dividend date was Tuesday, May 19th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.6%. BWX Technologies’s payout ratio is 28.88%.

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.