BWX Technologies, Inc. $BWXT Shares Acquired by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio increased its stake in BWX Technologies, Inc. (NYSE:BWXT) by 67.2% during the 1st quarter, Holdings Channel reports. The fund owned 49,816 shares of the technology company’s stock after purchasing an additional 20,025 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in BWX Technologies were worth $10,187,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of BWX Technologies in the 4th quarter valued at approximately $9,754,000. Massachusetts Financial Services Co. MA lifted its position in shares of BWX Technologies by 18.7% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,375,740 shares of the technology company’s stock worth $237,783,000 after purchasing an additional 216,707 shares during the last quarter. MGO One Seven LLC lifted its position in shares of BWX Technologies by 354.7% during the 4th quarter. MGO One Seven LLC now owns 17,695 shares of the technology company’s stock worth $3,058,000 after purchasing an additional 13,803 shares during the last quarter. Intech Investment Management LLC grew its stake in shares of BWX Technologies by 22.7% during the fourth quarter. Intech Investment Management LLC now owns 32,668 shares of the technology company’s stock worth $5,646,000 after purchasing an additional 6,053 shares in the last quarter. Finally, Oak Thistle LLC grew its stake in shares of BWX Technologies by 266.3% during the fourth quarter. Oak Thistle LLC now owns 6,836 shares of the technology company’s stock worth $1,182,000 after purchasing an additional 4,970 shares in the last quarter. 94.39% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CEO Rex D. Geveden sold 10,000 shares of the company’s stock in a transaction on 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 owned 202,491 shares in the company, valued at $41,472,181.71. This represents a 4.71% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Michael Thomas Fitzgerald sold 2,417 shares of the stock in a transaction on Monday, May 11th. The stock was sold at an average price of $209.25, for a total transaction of $505,757.25. Following the sale, the chief financial officer owned 6,884 shares of the company’s stock, valued at approximately $1,440,477. This represents a 25.99% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.60% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on BWXT. Wall Street Zen upgraded BWX Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of BWX Technologies in a report on Friday, May 22nd. Truist Financial increased their price target on shares of BWX Technologies from $205.00 to $212.00 and gave the company a “hold” rating in a research note on Monday, May 11th. Deutsche Bank Aktiengesellschaft raised shares of BWX Technologies from a “hold” rating to a “buy” rating and raised their price objective for the stock from $205.00 to $255.00 in a report on Friday, May 15th. Finally, Zacks Research downgraded shares of BWX Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 11th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $228.20.

BWX Technologies Stock Up 1.3%

Shares of NYSE BWXT opened at $176.79 on Tuesday. The business has a 50-day moving average price of $190.91 and a 200 day moving average price of $202.71. The stock has a market cap of $16.20 billion, a PE ratio of 47.27, a price-to-earnings-growth ratio of 2.98 and a beta of 0.74. The company has a quick ratio of 2.33, a current ratio of 2.40 and a debt-to-equity ratio of 1.58. BWX Technologies, Inc. has a 52-week low of $143.07 and a 52-week high of $241.82.

BWX Technologies (NYSE:BWXT) last released 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 return on equity of 31.33% and a net margin of 10.20%.The company had revenue of $860.22 million for the quarter, compared to analyst estimates of $837.47 million. During the same quarter in the previous year, the company posted $0.91 earnings per share. The firm’s revenue 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. Equities research analysts forecast that BWX Technologies, Inc. will post 4.6 earnings per share for the current year.

BWX Technologies Dividend Announcement

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