Bank of New York Mellon Corp Has $262.56 Million Holdings in BWX Technologies, Inc. $BWXT

Bank of New York Mellon Corp boosted its position in shares of BWX Technologies, Inc. (NYSE:BWXT) by 8.4% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,283,997 shares of the technology company’s stock after buying an additional 99,053 shares during the period. Bank of New York Mellon Corp’s holdings in BWX Technologies were worth $262,565,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of BWX Technologies in the 4th quarter valued at $9,754,000. Massachusetts Financial Services Co. MA grew its position in shares of BWX Technologies by 18.7% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,375,740 shares of the technology company’s stock valued at $237,783,000 after acquiring an additional 216,707 shares during the period. MGO One Seven LLC increased its holdings in BWX Technologies by 354.7% in the 4th quarter. MGO One Seven LLC now owns 17,695 shares of the technology company’s stock worth $3,058,000 after acquiring an additional 13,803 shares during the last quarter. Intech Investment Management LLC grew its stake in BWX Technologies by 22.7% in the 4th quarter. Intech Investment Management LLC now owns 32,668 shares of the technology company’s stock valued at $5,646,000 after buying an additional 6,053 shares in the last quarter. Finally, Oak Thistle LLC boosted its position in shares of BWX Technologies by 266.3% in the fourth quarter. Oak Thistle LLC now owns 6,836 shares of the technology company’s stock valued at $1,182,000 after acquiring an additional 4,970 shares during the period. Institutional investors and hedge funds own 94.39% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have issued reports on BWXT. Bank of America lifted their target price on shares of BWX Technologies from $230.00 to $250.00 and gave the company a “buy” rating in a research report on Wednesday, March 25th. Wells Fargo & Company began coverage on BWX Technologies in a research report on Wednesday, April 1st. They issued an “underweight” rating and a $200.00 price objective on the stock. Deutsche Bank Aktiengesellschaft upgraded BWX Technologies from a “hold” rating to a “buy” rating and raised their target price for the company from $205.00 to $255.00 in a research note on Friday, May 15th. Wall Street Zen raised shares of BWX Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Finally, Truist Financial raised their price objective on shares of BWX Technologies from $205.00 to $212.00 and gave the company a “hold” rating in a research note on Monday, May 11th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $228.00.

Insiders Place Their Bets

In other BWX Technologies news, CEO Rex D. Geveden sold 10,000 shares of BWX Technologies stock in a transaction on 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 directly owned 202,491 shares of the company’s stock, valued at $41,472,181.71. The trade was a 4.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Michael Thomas Fitzgerald sold 2,417 shares of BWX Technologies stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $209.25, for a total transaction of $505,757.25. Following the sale, the chief financial officer owned 6,884 shares of the company’s stock, valued at $1,440,477. The trade was a 25.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.60% of the stock is owned by company insiders.

BWX Technologies Trading Down 1.3%

Shares of BWXT opened at $171.52 on Friday. The company has a debt-to-equity ratio of 1.58, a current ratio of 2.40 and a quick ratio of 2.33. The firm has a market cap of $15.71 billion, a P/E ratio of 45.86, a price-to-earnings-growth ratio of 2.96 and a beta of 0.74. The company has a 50 day simple moving average of $194.86 and a two-hundred day simple moving average of $202.81. BWX Technologies, Inc. has a 1 year low of $136.18 and a 1 year high of $241.82.

BWX Technologies (NYSE:BWXT) last released its quarterly earnings data on Monday, May 4th. The technology company reported $1.12 EPS for the quarter, beating 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 quarter in the prior year, the firm earned $0.91 EPS. The business’s revenue was up 26.1% on a year-over-year basis. BWX Technologies has set its FY 2026 guidance at 4.600-4.750 EPS. On average, equities analysts expect that BWX Technologies, Inc. will post 4.6 earnings per share for the current fiscal year.

BWX Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Tuesday, May 19th were given a dividend of $0.27 per share. The ex-dividend date was Tuesday, May 19th. This represents a $1.08 dividend on an annualized basis and a yield of 0.6%. BWX Technologies’s dividend payout ratio is 28.88%.

BWX Technologies 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.