10,119 Shares in BWX Technologies, Inc. $BWXT Purchased by Commerce Bank

Commerce Bank bought a new stake in shares of BWX Technologies, Inc. (NYSE:BWXT) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 10,119 shares of the technology company’s stock, valued at approximately $1,970,000.

A number of other hedge funds have also recently modified their holdings of the business. BlackRock Inc. purchased a new position in BWX Technologies in the 2nd quarter worth about $2,359,895,000. Bank of New York Mellon Corp bought a new position in shares of BWX Technologies during the 2nd quarter worth $222,587,000. Invesco Ltd. raised its holdings 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 in the last quarter. William Blair Investment Management LLC bought a new stake in shares of BWX Technologies in the second quarter valued at about $183,211,000. Finally, Select Equity Group L.P. purchased a new stake in BWX Technologies in the second quarter worth about $68,902,000. Institutional investors own 94.39% of the company’s stock.

Analyst Ratings Changes

BWXT has been the topic of several recent research reports. Seaport Research Partners upgraded shares of BWX Technologies from a “neutral” rating to a “buy” rating and set a $245.00 target price on the stock in a report on Monday, June 22nd. Deutsche Bank Aktiengesellschaft raised shares of BWX Technologies from a “hold” rating to a “buy” rating and upped their price target for the stock from $205.00 to $255.00 in a research report on Friday, May 15th. Truist Financial dropped their price objective on shares of BWX Technologies from $212.00 to $202.00 and set a “hold” rating on the stock in a research note on Friday, August 14th. Wall Street Zen downgraded shares of BWX Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Finally, Weiss Ratings raised BWX Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, August 12th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $227.20.

BWX Technologies Trading Down 0.0%

Shares of NYSE:BWXT opened at $149.51 on Wednesday. The firm has a market capitalization of $13.70 billion, a P/E ratio of 38.73, a P/E/G ratio of 2.34 and a beta of 0.76. The company has a debt-to-equity ratio of 1.51, a current ratio of 2.40 and a quick ratio of 2.33. The business’s 50-day moving average is $178.85 and its 200 day moving average is $196.63. BWX Technologies, Inc. has a 1 year low of $147.74 and a 1 year high of $241.82.

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

BWX Technologies Announces Dividend

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

Insider Activity

In other news, CEO Rex D. Geveden sold 10,000 shares of the company’s stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $172.50, for a total value of $1,725,000.00. Following the sale, the chief executive officer owned 192,491 shares in the company, valued at $33,204,697.50. This represents a 4.94% decrease in their ownership of the stock. The sale was disclosed in a filing 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. 0.60% of the stock is currently owned by company insiders.

About BWX Technologies

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.