Research Analysts Issue Forecasts for BWXT FY2027 Earnings

BWX Technologies, Inc. (NYSE:BWXT) – Research analysts at Northland Securities increased their FY2027 earnings per share estimates for shares of BWX Technologies in a report issued on Tuesday, November 3rd. Northland Securities analyst J. Grampp now forecasts that the technology company will earn $5.17 per share for the year, up from their prior forecast of $5.02. Northland Securities currently has an “Outperform” rating and a $220.00 target price on the stock. The consensus estimate for BWX Technologies’ current full-year earnings is $4.76 per share.

BWX Technologies (NYSE:BWXT) last released its quarterly earnings data on Monday, November 2nd. The technology company reported $1.26 earnings per share for the quarter, topping the consensus estimate of $1.19 by $0.07. The business had revenue of $952.97 million for the quarter, compared to analyst estimates of $970.52 million. BWX Technologies had a net margin of 10.41% and a return on equity of 31.65%. BWX Technologies’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same quarter last year, the firm earned $1.00 EPS.

Several other brokerages have also issued reports on BWXT. Bank of America decreased their price target on shares of BWX Technologies from $250.00 to $210.00 and set a “buy” rating for the company in a report on Wednesday, September 30th. Wells Fargo & Company upgraded BWX Technologies from an “underweight” rating to an “equal weight” rating and reduced their target price for the stock from $200.00 to $170.00 in a report on Thursday, August 27th. Citigroup reissued an “outperform” rating on shares of BWX Technologies in a research note on Wednesday, September 30th. Truist Financial decreased their target price on BWX Technologies from $202.00 to $182.00 and set a “hold” rating for the company in a research note on Tuesday, October 6th. Finally, Jefferies Financial Group assumed coverage on BWX Technologies in a report on Thursday, September 3rd. They issued a “buy” rating and a $181.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $205.00.

BWX Technologies Trading Down 7.9%

BWXT opened at $121.44 on Thursday. The firm’s fifty day moving average is $142.08 and its two-hundred day moving average is $183.58. The company has a debt-to-equity ratio of 1.43, a quick ratio of 2.33 and a current ratio of 1.88. The firm has a market cap of $11.13 billion, a PE ratio of 29.76, a price-to-earnings-growth ratio of 1.86 and a beta of 0.75. BWX Technologies has a twelve month low of $119.60 and a twelve month high of $241.82.

Hedge Funds Weigh In On BWX Technologies

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Narwhal Capital Management lifted its position in BWX Technologies by 17.0% during the 3rd quarter. Narwhal Capital Management now owns 33,728 shares of the technology company’s stock worth $4,621,000 after buying an additional 4,890 shares in the last quarter. AlphaCore Capital LLC acquired a new position in shares of BWX Technologies during the 3rd quarter worth about $1,370,000. Fulcrum Asset Management LLP boosted its stake in shares of BWX Technologies by 17.5% during the 3rd quarter. Fulcrum Asset Management LLP now owns 12,145 shares of the technology company’s stock worth $1,676,000 after buying an additional 1,811 shares during the last quarter. Kornitzer Capital Management Inc. KS grew its holdings in shares of BWX Technologies by 0.3% in the 3rd quarter. Kornitzer Capital Management Inc. KS now owns 33,236 shares of the technology company’s stock valued at $4,553,000 after acquiring an additional 96 shares in the last quarter. Finally, Pegasus Asset Management Inc. grew its holdings in shares of BWX Technologies by 36.0% in the 3rd quarter. Pegasus Asset Management Inc. now owns 30,030 shares of the technology company’s stock valued at $4,114,000 after acquiring an additional 7,945 shares in the last quarter. 94.39% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO Rex D. Geveden sold 10,000 shares of the firm’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $172.50, for a total transaction of $1,725,000.00. Following the sale, the chief executive officer directly owned 192,491 shares in the company, valued at $33,204,697.50. This trade represents a 4.94% decrease in their ownership of the stock. The sale was disclosed in a legal 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 Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Thursday, November 19th will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Thursday, November 19th. This represents a $1.08 annualized dividend and a dividend yield of 0.9%. BWX Technologies’s dividend payout ratio is currently 26.47%.

More BWX Technologies News

Here are the key news stories impacting BWX Technologies this week:

• Positive Sentiment: BWXT is reported to have won a $2.2 billion Army reactor contract, supporting long-term demand for its nuclear technology. Why Is BWX Technologies Winning a $2.2 Billion Army Reactor Contract?
• Positive Sentiment: Third-quarter adjusted EPS of $1.26 topped the $1.19 consensus, and management pointed to stronger 2027 growth as government margins improve and nuclear demand expands. BWXT Q3 Earnings Call Highlights 2027 Growth and Nuclear Demand
• Neutral Sentiment: The company extended the maturity of its $1.25 billion revolving credit facility to November 2031, providing longer-term financing flexibility. BWXT Extends Credit Facility Maturity
• Neutral Sentiment: BWXT launched a $500 million senior-notes offering due 2034 and cash tender offers for notes due 2028 and 2029. The transactions appear aimed at managing its debt profile; the financing cost and terms may matter to investors. BWXT Launches $500 Million Senior Notes Offering
• Negative Sentiment: Despite the EPS beat, quarterly revenue came in below estimates. Reports also cite slowing revenue and a delayed new-build order, tempering the growth outlook and likely weighing on shares. BWXT Beats on Margins, but Slowing Revenue and a Delayed Order Weigh

About BWX Technologies

BWX Technologies, Inc (NYSE: BWXT) is a specialty manufacturer and services provider focused on nuclear technology. The company designs and manufactures nuclear reactors, reactor components, nuclear fuel and related equipment, with a major emphasis on highly engineered systems used in naval and commercial applications.

BWXT is a key supplier to the U.S. government, supporting the U.S. Navy’s nuclear-powered aircraft carriers and submarines through reactor design, component manufacturing, fuel production, maintenance and life-cycle services.