Portland Investment Counsel Inc. Invests $1.95 Million in BWX Technologies, Inc. $BWXT

Portland Investment Counsel Inc. purchased a new position in BWX Technologies, Inc. (NYSE:BWXT) during the 2nd quarter, HoldingsChannel reports. The firm purchased 10,000 shares of the technology company’s stock, valued at approximately $1,946,000. BWX Technologies accounts for about 0.5% of Portland Investment Counsel Inc.’s portfolio, making the stock its 26th largest holding.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Cibc World Market Inc. bought a new position in BWX Technologies during the 2nd quarter worth $330,000. Ranger Investment Management L.P. acquired a new stake in BWX Technologies in the second quarter worth $18,944,000. OMERS ADMINISTRATION Corp acquired a new stake in BWX Technologies in the second quarter worth $12,847,000. Tribune Investment Group LP lifted its stake in BWX Technologies by 60.0% in the second quarter. Tribune Investment Group LP now owns 16,000 shares of the technology company’s stock valued at $3,114,000 after buying an additional 6,000 shares during the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in BWX Technologies in the second quarter valued at $15,610,000. Institutional investors and hedge funds own 94.39% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on BWXT shares. Seaport Research Partners upgraded shares of BWX Technologies from a “neutral” rating to a “buy” rating and set a $245.00 price target for the company in a research report on Monday, June 22nd. Wall Street Zen cut shares of BWX Technologies from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Deutsche Bank Aktiengesellschaft upgraded shares of BWX Technologies from a “hold” rating to a “buy” rating and lifted their price objective for the company from $205.00 to $255.00 in a research report on Friday, May 15th. Weiss Ratings raised shares of BWX Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, August 12th. Finally, Zacks Research cut shares of BWX Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 11th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, BWX Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $227.20.

Insider Transactions at BWX Technologies

In related news, CEO Rex D. Geveden sold 10,000 shares of the stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $172.50, for a total value of $1,725,000.00. Following the completion of the transaction, the chief executive officer owned 192,491 shares in the company, valued at $33,204,697.50. This represents a 4.94% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is owned by corporate insiders.

BWX Technologies Stock Up 0.1%

Shares of BWX Technologies stock opened at $156.95 on Monday. The company has a debt-to-equity ratio of 1.51, a current ratio of 2.40 and a quick ratio of 2.33. BWX Technologies, Inc. has a 1-year low of $154.59 and a 1-year high of $241.82. The business’s fifty day moving average price is $180.70 and its two-hundred day moving average price is $197.34. The company has a market capitalization of $14.38 billion, a P/E ratio of 40.66, a PEG ratio of 2.45 and a beta of 0.76.

BWX Technologies (NYSE:BWXT) last released its quarterly earnings results on Monday, August 3rd. The technology company reported $1.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.04 by $0.03. The company had revenue of $901.62 million during the quarter, compared to analysts’ expectations of $902.41 million. BWX Technologies had a return on equity of 30.83% and a net margin of 10.11%.The company’s revenue for the quarter was up 18.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.02 earnings per share. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. As a group, research analysts forecast that BWX Technologies, Inc. will post 4.75 EPS for the current year.

BWX Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Tuesday, August 18th will be issued a $0.27 dividend. The ex-dividend date of this dividend is Tuesday, August 18th. This represents a $1.08 annualized dividend and a yield of 0.7%. BWX Technologies’s dividend payout ratio is presently 27.98%.

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.