Future Fund LLC Buys Shares of 10,887 BWX Technologies, Inc. $BWXT

Future Fund LLC purchased a new position in BWX Technologies, Inc. (NYSE:BWXT) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 10,887 shares of the technology company’s stock, valued at approximately $1,568,000.

Several other institutional investors have also modified their holdings of the business. Creative Financial Designs Inc. ADV raised its holdings in BWX Technologies by 250.0% during the 2nd quarter. Creative Financial Designs Inc. ADV now owns 175 shares of the technology company’s stock worth $25,000 after buying an additional 125 shares during the period. Hantz Financial Services Inc. increased its position in shares of BWX Technologies by 861.9% during the second quarter. Hantz Financial Services Inc. now owns 202 shares of the technology company’s stock worth $29,000 after acquiring an additional 181 shares in the last quarter. Stone House Investment Management LLC acquired a new stake in shares of BWX Technologies during the first quarter worth $31,000. Compass Financial Services Inc bought a new stake in BWX Technologies in the 1st quarter valued at $33,000. Finally, HHM Wealth Advisors LLC boosted its stake 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. Institutional investors own 94.39% of the company’s stock.

Insider Transactions at BWX Technologies

In other BWX Technologies news, SVP Ronald Owen Whitford, Jr. sold 2,092 shares of the company’s stock in a transaction that occurred on Monday, August 11th. The stock was sold at an average price of $177.43, for a total value of $371,183.56. Following the sale, the senior vice president owned 10,149 shares in the company, valued at $1,800,737.07. This represents a 17.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Leland D. Melvin sold 600 shares of the firm’s stock in a transaction that occurred on Monday, August 11th. The shares were sold at an average price of $178.26, for a total value of $106,956.00. Following the completion of the sale, the director directly owned 5,579 shares of the company’s stock, valued at approximately $994,512.54. The trade was a 9.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.47% of the stock is currently owned by corporate insiders.

BWX Technologies Stock Down 0.3%

NYSE:BWXT opened at $193.42 on Friday. BWX Technologies, Inc. has a twelve month low of $84.21 and a twelve month high of $218.50. The firm has a market capitalization of $17.68 billion, a price-to-earnings ratio of 60.44, a price-to-earnings-growth ratio of 4.24 and a beta of 0.78. The company has a quick ratio of 1.60, a current ratio of 1.69 and a debt-to-equity ratio of 1.28. The stock’s 50 day moving average price is $187.37 and its two-hundred day moving average price is $155.41.

BWX Technologies (NYSE:BWXT) last released its earnings results on Monday, November 3rd. The technology company reported $1.00 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.15. The business had revenue of $866.29 million during the quarter, compared to analysts’ expectations of $795.48 million. BWX Technologies had a net margin of 10.28% and a return on equity of 30.61%. The firm’s revenue was up 28.9% on a year-over-year basis. During the same period last year, the business earned $0.83 earnings per share. BWX Technologies has set its FY 2025 guidance at 3.750-3.800 EPS. Equities research analysts expect that BWX Technologies, Inc. will post 3.23 earnings per share for the current fiscal year.

BWX Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Wednesday, November 19th will be paid a dividend of $0.25 per share. The ex-dividend date is Wednesday, November 19th. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. BWX Technologies’s payout ratio is currently 30.03%.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft set a $180.00 price target on BWX Technologies and gave the company a “hold” rating in a research note on Wednesday, October 8th. Wedbush reiterated an “outperform” rating on shares of BWX Technologies in a report on Wednesday, October 1st. Truist Financial boosted their target price on BWX Technologies from $173.00 to $200.00 and gave the company a “hold” rating in a research note on Tuesday, November 4th. Wall Street Zen raised shares of BWX Technologies from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, BTIG Research boosted their price objective on shares of BWX Technologies from $200.00 to $225.00 and gave the stock a “buy” rating in a research report on Friday. Three investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, BWX Technologies has an average rating of “Moderate Buy” and an average price target of $179.62.

BWX Technologies Company 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.