Emerald Advisers LLC Buys Shares of 4,592 BWX Technologies, Inc. $BWXT

Emerald Advisers LLC purchased a new position in BWX Technologies, Inc. (NYSE:BWXT) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 4,592 shares of the technology company’s stock, valued at approximately $662,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Intrua Financial LLC raised its holdings in BWX Technologies by 3.9% in the 1st quarter. Intrua Financial LLC now owns 2,625 shares of the technology company’s stock worth $259,000 after purchasing an additional 99 shares during the period. HHM Wealth Advisors LLC raised its holdings in BWX Technologies by 34.5% in the 1st quarter. HHM Wealth Advisors LLC now owns 390 shares of the technology company’s stock worth $38,000 after purchasing an additional 100 shares during the period. Oakworth Capital Inc. raised its holdings in BWX Technologies by 10.0% in the 2nd quarter. Oakworth Capital Inc. now owns 1,105 shares of the technology company’s stock worth $159,000 after purchasing an additional 100 shares during the period. Louisiana State Employees Retirement System raised its holdings in BWX Technologies by 0.4% in the 2nd quarter. Louisiana State Employees Retirement System now owns 25,700 shares of the technology company’s stock worth $3,702,000 after purchasing an additional 100 shares during the period. Finally, UMB Bank n.a. raised its holdings in BWX Technologies by 12.7% in the 2nd quarter. UMB Bank n.a. now owns 1,031 shares of the technology company’s stock worth $149,000 after purchasing an additional 116 shares during the period. 94.39% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at BWX Technologies

In other news, SVP Omar Fathi Meguid sold 2,261 shares of the company’s stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $179.84, for a total value of $406,618.24. Following the completion of the sale, the senior vice president directly owned 2,361 shares of the company’s stock, valued at approximately $424,602.24. This represents a 48.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Ronald Owen Whitford, Jr. sold 2,092 shares of the company’s stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $177.43, for a total transaction of $371,183.56. Following the transaction, the senior vice president owned 10,149 shares in the company, valued at $1,800,737.07. The trade was a 17.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 29,953 shares of company stock worth $5,359,758. 0.47% of the stock is currently owned by insiders.

BWX Technologies Stock Up 3.0%

BWXT stock opened at $213.91 on Thursday. The firm has a market cap of $19.55 billion, a PE ratio of 66.85, a PEG ratio of 4.12 and a beta of 0.78. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.60 and a current ratio of 1.69. The firm’s 50 day moving average price is $181.80 and its 200-day moving average price is $150.47. BWX Technologies, Inc. has a one year low of $84.21 and a one year high of $215.62.

BWX Technologies (NYSE:BWXT) last released its quarterly earnings results on Monday, August 4th. The technology company reported $1.02 EPS for the quarter, beating the consensus estimate of $0.79 by $0.23. The firm had revenue of $764.00 million for the quarter, compared to analyst estimates of $708.00 million. BWX Technologies had a net margin of 10.28% and a return on equity of 30.61%. The business’s revenue for the quarter was up 12.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.82 EPS. BWX Technologies has set its FY 2025 guidance at 3.650-3.750 EPS. On average, equities research analysts anticipate that BWX Technologies, Inc. will post 3.23 EPS for the current year.

Analyst Upgrades and Downgrades

BWXT has been the topic of a number of research analyst reports. Northland Securities started coverage on BWX Technologies in a research report on Wednesday, September 10th. They issued an “outperform” rating and a $205.00 target price on the stock. Northland Capmk raised BWX Technologies to a “strong-buy” rating in a research note on Tuesday, September 9th. Wedbush reaffirmed an “outperform” rating on shares of BWX Technologies in a research note on Wednesday, October 1st. Zacks Research upgraded BWX Technologies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 7th. Finally, Maxim Group restated a “hold” rating on shares of BWX Technologies in a report on Wednesday, August 6th. Three equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $168.08.

BWX Technologies Profile

BWX Technologies, Inc, together with its subsidiaries, manufactures and sells nuclear components in the United States, Canada, and internationally. It operates through two segments, Government Operations and Commercial Operations. The Government Operations segment designs and manufactures naval nuclear components, reactors, and nuclear fuel; fabrication activities; and supplies proprietary and sole-source valves, manifolds, and fittings to naval and commercial shipping customers.