AGF Management Ltd. Increases Stock Position in BWX Technologies, Inc. $BWXT

AGF Management Ltd. lifted its stake in BWX Technologies, Inc. (NYSE:BWXT) by 82.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 70,544 shares of the technology company’s stock after acquiring an additional 31,980 shares during the quarter. AGF Management Ltd. owned 0.08% of BWX Technologies worth $13,006,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Valeo Financial Advisors LLC grew its position in BWX Technologies by 33,572.0% in the 2nd quarter. Valeo Financial Advisors LLC now owns 1,517,599 shares of the technology company’s stock worth $2,228,000 after purchasing an additional 1,513,092 shares during the period. Artisan Partners Limited Partnership purchased a new position in shares of BWX Technologies in the 2nd quarter worth $183,859,000. William Blair Investment Management LLC grew its holdings in shares of BWX Technologies by 523.2% in the second quarter. William Blair Investment Management LLC now owns 1,517,356 shares of the technology company’s stock worth $218,590,000 after acquiring an additional 1,273,895 shares during the period. Invesco Ltd. increased its position in BWX Technologies by 139.0% during the second quarter. Invesco Ltd. now owns 1,592,380 shares of the technology company’s stock valued at $229,398,000 after acquiring an additional 926,117 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA purchased a new stake in BWX Technologies during the second quarter valued at $132,498,000. Institutional investors own 94.39% of the company’s stock.

Insider Transactions at BWX Technologies

In other BWX Technologies news, CEO Rex D. Geveden sold 10,000 shares of the stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $197.90, for a total value of $1,979,000.00. Following the completion of the sale, the chief executive officer owned 187,594 shares in the company, valued at approximately $37,124,852.60. This represents a 5.06% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.47% of the company’s stock.

BWX Technologies Price Performance

NYSE BWXT opened at $206.07 on Tuesday. The company has a current ratio of 1.71, a quick ratio of 1.62 and a debt-to-equity ratio of 1.21. BWX Technologies, Inc. has a 12 month low of $84.21 and a 12 month high of $220.57. The stock has a market cap of $18.84 billion, a price-to-earnings ratio of 61.88, a PEG ratio of 3.30 and a beta of 0.83. The company’s 50 day moving average is $188.84 and its two-hundred day moving average is $181.90.

BWX Technologies (NYSE:BWXT) last announced its quarterly earnings data on Monday, November 3rd. The technology company reported $1.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.85 by $0.15. The firm had revenue of $866.29 million during the quarter, compared to analysts’ expectations of $795.48 million. BWX Technologies had a net margin of 10.04% and a return on equity of 30.70%. The company’s revenue for the quarter was up 28.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.83 earnings per share. As a group, research analysts anticipate that BWX Technologies, Inc. will post 3.23 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on BWXT. CJS Securities raised BWX Technologies to a “strong-buy” rating in a research report on Friday, December 12th. Northland Securities set a $225.00 price objective on shares of BWX Technologies in a report on Tuesday, November 4th. Deutsche Bank Aktiengesellschaft set a $180.00 target price on shares of BWX Technologies and gave the company a “hold” rating in a research report on Wednesday, October 8th. BTIG Research increased their price target on shares of BWX Technologies from $200.00 to $225.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. Finally, Exane BNP Paribas raised shares of BWX Technologies to a “hold” rating in a research report on Thursday, January 15th. Three research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, BWX Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $199.20.

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.