William Blair Investment Management LLC Takes Position in BWX Technologies, Inc. $BWXT

William Blair Investment Management LLC bought a new position in shares of BWX Technologies, Inc. (NYSE:BWXT) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 941,233 shares of the technology company’s stock, valued at approximately $183,211,000.

Other large investors also recently modified their holdings of the company. BlackRock Inc. purchased a new position in BWX Technologies during the 2nd quarter valued at about $2,359,895,000. Invesco Ltd. raised its position in BWX Technologies by 0.7% during the 4th quarter. Invesco Ltd. now owns 2,568,117 shares of the technology company’s stock valued at $443,873,000 after purchasing an additional 18,967 shares during the last quarter. Franklin Resources Inc. lifted its holdings in BWX Technologies by 2.4% in the 4th quarter. Franklin Resources Inc. now owns 2,258,282 shares of the technology company’s stock worth $390,321,000 after buying an additional 53,594 shares during the period. Geode Capital Management LLC lifted its holdings in BWX Technologies by 3.9% in the 4th quarter. Geode Capital Management LLC now owns 1,857,716 shares of the technology company’s stock worth $321,176,000 after buying an additional 69,857 shares during the period. Finally, Blair William & Co. IL grew its position in shares of BWX Technologies by 20.9% in the 4th quarter. Blair William & Co. IL now owns 1,439,666 shares of the technology company’s stock worth $248,832,000 after buying an additional 248,598 shares during the last quarter. 94.39% of the stock is owned by institutional investors.

Insider Activity at BWX Technologies

In other news, CEO Rex D. Geveden sold 10,000 shares of the business’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $172.50, for a total transaction of $1,725,000.00. Following the sale, the chief executive officer owned 192,491 shares in the company, valued at approximately $33,204,697.50. The trade was a 4.94% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.60% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on BWXT shares. Zacks Research cut BWX Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 11th. Truist Financial dropped their price target on BWX Technologies from $212.00 to $202.00 and set a “hold” rating for the company in a research note on Friday, August 14th. BTIG Research reiterated a “buy” rating and issued a $235.00 price target on shares of BWX Technologies in a report on Tuesday, August 4th. Weiss Ratings raised shares of BWX Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, August 12th. Finally, JPMorgan Chase & Co. initiated coverage on shares of BWX Technologies in a report on Monday, July 27th. They issued an “overweight” rating and a $230.00 price objective for the company. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $227.20.

BWX Technologies Stock Up 0.3%

Shares of NYSE:BWXT opened at $156.95 on Friday. BWX Technologies, Inc. has a 52-week low of $154.59 and a 52-week high of $241.82. The firm has a market capitalization of $14.38 billion, a P/E ratio of 40.66, a P/E/G ratio of 2.45 and a beta of 0.76. The stock has a 50 day moving average price of $180.70 and a 200-day moving average price of $197.41. The company has a debt-to-equity ratio of 1.51, a quick ratio of 2.33 and a current ratio of 2.40.

BWX Technologies (NYSE:BWXT) last released its quarterly earnings results on Monday, August 3rd. The technology company reported $1.07 earnings per share for the quarter, beating the consensus estimate of $1.04 by $0.03. The company had revenue of $901.62 million for the quarter, compared to analyst estimates of $902.41 million. BWX Technologies had a return on equity of 30.83% and a net margin of 10.11%.The firm’s revenue was up 18.0% on a year-over-year basis. During the same period in the previous year, the company posted $1.02 earnings per share. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. As a group, equities research analysts anticipate that BWX Technologies, Inc. will post 4.75 EPS for the current fiscal year.

BWX Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Tuesday, August 18th will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Tuesday, August 18th. This represents a $1.08 annualized dividend and a yield of 0.7%. BWX Technologies’s dividend payout ratio (DPR) is currently 27.98%.

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.