Legal & General Group Plc Takes $24.95 Million Position in BWX Technologies, Inc. $BWXT

Legal & General Group Plc purchased a new stake in shares of BWX Technologies, Inc. (NYSE:BWXT) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 128,180 shares of the technology company’s stock, valued at approximately $24,950,000.

A number of other large investors have also added to or reduced their stakes in BWXT. Cannell & Spears LLC boosted its holdings in shares of BWX Technologies by 4.0% during the first quarter. Cannell & Spears LLC now owns 1,312 shares of the technology company’s stock worth $251,000 after purchasing an additional 50 shares during the period. Wedbush Securities Inc. increased its position in BWX Technologies by 4.3% during the 4th quarter. Wedbush Securities Inc. now owns 1,263 shares of the technology company’s stock valued at $218,000 after purchasing an additional 52 shares during the period. Oppenheimer Asset Management Inc. lifted its holdings in BWX Technologies by 1.0% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 5,448 shares of the technology company’s stock worth $942,000 after buying an additional 54 shares during the period. Guggenheim Capital LLC increased its position in BWX Technologies by 2.2% during the 4th quarter. Guggenheim Capital LLC now owns 2,598 shares of the technology company’s stock valued at $449,000 after buying an additional 55 shares in the last quarter. Finally, Private Advisor Group LLC grew its stake in shares of BWX Technologies by 2.4% in the first quarter. Private Advisor Group LLC now owns 2,847 shares of the technology company’s stock worth $582,000 after acquiring an additional 67 shares during the last quarter. Institutional investors own 94.39% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on BWXT. BTIG Research reiterated a “buy” rating and issued a $235.00 price target on shares of BWX Technologies in a research note on Tuesday, August 4th. Wall Street Zen cut shares of BWX Technologies from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Zacks Research lowered BWX Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. Weiss Ratings cut BWX Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday. Finally, JPMorgan Chase & Co. began coverage on BWX Technologies in a research note on Monday, July 27th. They set an “overweight” rating and a $230.00 price target for the company. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $224.20.

BWX Technologies Price Performance

BWXT stock opened at $153.12 on Friday. The company has a debt-to-equity ratio of 1.51, a quick ratio of 2.33 and a current ratio of 2.40. The company’s fifty day moving average price is $175.83 and its 200-day moving average price is $195.80. BWX Technologies, Inc. has a one year low of $147.74 and a one year high of $241.82. The company has a market capitalization of $14.03 billion, a PE ratio of 39.67, a price-to-earnings-growth ratio of 2.39 and a beta of 0.76.

BWX Technologies (NYSE:BWXT) last issued its quarterly earnings data on Monday, August 3rd. The technology company reported $1.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.04 by $0.03. The business had revenue of $901.62 million for the quarter, compared to the consensus estimate of $902.41 million. BWX Technologies had a return on equity of 30.83% and a net margin of 10.11%.The company’s quarterly revenue was up 18.0% compared to the same quarter last year. During the same period 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. On average, equities analysts anticipate that BWX Technologies, Inc. will post 4.75 EPS for the current fiscal year.

BWX Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Tuesday, August 18th will be given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Tuesday, August 18th. BWX Technologies’s dividend payout ratio (DPR) is 27.98%.

Insider Activity

In related news, CEO Rex D. Geveden sold 10,000 shares of the firm’s 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 transaction, the chief executive officer owned 192,491 shares of the company’s stock, valued at $33,204,697.50. This trade represents a 4.94% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.60% of the company’s stock.

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.