Virtu Financial LLC bought a new stake in BWX Technologies, Inc. (NYSE:BWXT – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 6,484 shares of the technology company’s stock, valued at approximately $1,121,000.
Other hedge funds have also bought and sold shares of the company. Wedbush Securities Inc. increased its holdings in shares of BWX Technologies by 4.3% in the 4th quarter. Wedbush Securities Inc. now owns 1,263 shares of the technology company’s stock worth $218,000 after buying an additional 52 shares during the last quarter. Oppenheimer Asset Management Inc. lifted its holdings in shares of BWX Technologies by 1.0% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 5,448 shares of the technology company’s stock worth $942,000 after acquiring an additional 54 shares during the last quarter. Guggenheim Capital LLC grew its position in BWX Technologies by 2.2% in the fourth quarter. Guggenheim Capital LLC now owns 2,598 shares of the technology company’s stock worth $449,000 after acquiring an additional 55 shares in the last quarter. Stratos Wealth Partners LTD. grew its position in BWX Technologies by 3.5% in the fourth quarter. Stratos Wealth Partners LTD. now owns 1,979 shares of the technology company’s stock worth $342,000 after acquiring an additional 67 shares in the last quarter. Finally, Corient Private Wealth LLC increased its stake in BWX Technologies by 1.2% in the second quarter. Corient Private Wealth LLC now owns 5,880 shares of the technology company’s stock valued at $847,000 after acquiring an additional 69 shares during the last quarter. 94.39% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
BWXT has been the topic of a number of research reports. BTIG Research raised their price target on BWX Technologies from $225.00 to $235.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. TD Securities assumed coverage on BWX Technologies in a report on Thursday, March 12th. They issued a “buy” rating and a $230.00 price objective for the company. TD Cowen assumed coverage on BWX Technologies in a research report on Thursday, March 12th. They set a “buy” rating and a $230.00 price objective on the stock. Zacks Research cut BWX Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. Finally, Bank of America boosted their target price on BWX Technologies from $230.00 to $250.00 and gave the stock a “buy” rating in a research report on Wednesday, March 25th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $228.00.
BWX Technologies Price Performance
BWXT stock opened at $205.14 on Friday. The firm has a market cap of $18.79 billion, a P/E ratio of 54.85, a P/E/G ratio of 3.38 and a beta of 0.73. The firm’s fifty day moving average is $207.75 and its 200 day moving average is $200.87. BWX Technologies, Inc. has a 52 week low of $133.84 and a 52 week high of $241.82. The company has a debt-to-equity ratio of 1.58, a quick ratio of 2.33 and a current ratio of 2.40.
BWX Technologies (NYSE:BWXT – Get Free Report) last posted its quarterly earnings results on Monday, May 4th. The technology company reported $1.12 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.20. BWX Technologies had a net margin of 10.20% and a return on equity of 31.33%. The business had revenue of $860.22 million during the quarter, compared to the consensus estimate of $837.47 million. During the same period in the previous year, the firm posted $0.91 earnings per share. The firm’s revenue for the quarter was up 26.1% on a year-over-year basis. BWX Technologies has set its FY 2026 guidance at 4.600-4.750 EPS. Research analysts predict that BWX Technologies, Inc. will post 4.71 earnings per share for the current year.
BWX Technologies Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Tuesday, May 19th were paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Tuesday, May 19th. BWX Technologies’s payout ratio is 28.88%.
Insider Activity
In related news, CFO Michael Thomas Fitzgerald sold 2,417 shares of BWX Technologies stock in a transaction on Monday, May 11th. The shares were sold at an average price of $209.25, for a total value of $505,757.25. Following the transaction, the chief financial officer directly owned 6,884 shares of the company’s stock, valued at $1,440,477. The trade was a 25.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Rex D. Geveden sold 10,000 shares of the business’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $204.81, for a total transaction of $2,048,100.00. Following the completion of the transaction, the chief executive officer owned 202,491 shares in the company, valued at $41,472,181.71. The trade was a 4.71% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.60% of the company’s stock.
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.
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