BWX Technologies, Inc. $BWXT Holdings Lifted by Naples Global Advisors LLC

Naples Global Advisors LLC boosted its position in shares of BWX Technologies, Inc. (NYSE:BWXT) by 1.4% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 37,310 shares of the technology company’s stock after buying an additional 525 shares during the quarter. Naples Global Advisors LLC’s holdings in BWX Technologies were worth $5,375,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of BWXT. Intrua Financial LLC boosted its position in BWX Technologies by 3.9% during the 1st quarter. Intrua Financial LLC now owns 2,625 shares of the technology company’s stock worth $259,000 after acquiring an additional 99 shares during the period. HHM Wealth Advisors LLC boosted its position in BWX Technologies by 34.5% during the 1st quarter. HHM Wealth Advisors LLC now owns 390 shares of the technology company’s stock worth $38,000 after acquiring an additional 100 shares during the period. Oakworth Capital Inc. boosted its position in BWX Technologies by 10.0% during the 2nd quarter. Oakworth Capital Inc. now owns 1,105 shares of the technology company’s stock worth $159,000 after acquiring an additional 100 shares during the period. UMB Bank n.a. boosted its position in BWX Technologies by 12.7% during the 2nd quarter. UMB Bank n.a. now owns 1,031 shares of the technology company’s stock worth $149,000 after acquiring an additional 116 shares during the period. Finally, Gateway Investment Advisers LLC raised its stake in shares of BWX Technologies by 6.0% during the 1st quarter. Gateway Investment Advisers LLC now owns 2,154 shares of the technology company’s stock worth $212,000 after purchasing an additional 121 shares in the last quarter. Institutional investors own 94.39% of the company’s stock.

BWX Technologies Trading Up 1.6%

NYSE:BWXT opened at $187.28 on Thursday. BWX Technologies, Inc. has a 12 month low of $84.21 and a 12 month high of $189.25. The firm has a market cap of $17.12 billion, a price-to-earnings ratio of 58.53, a P/E/G ratio of 4.18 and a beta of 0.78. The company has a quick ratio of 1.60, a current ratio of 1.69 and a debt-to-equity ratio of 1.28. The company’s 50 day moving average is $168.11 and its 200-day moving average is $135.98.

BWX Technologies (NYSE:BWXT) last released its quarterly earnings results on Monday, August 4th. The technology company reported $1.02 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.23. BWX Technologies had a net margin of 10.28% and a return on equity of 30.61%. The company had revenue of $764.00 million for the quarter, compared to analyst estimates of $708.00 million. During the same quarter last year, the firm posted $0.82 earnings per share. The company’s quarterly revenue was up 12.1% compared to the same quarter last year. BWX Technologies has set its FY 2025 guidance at 3.650-3.750 EPS. Equities analysts anticipate that BWX Technologies, Inc. will post 3.23 EPS for the current year.

BWX Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 5th. Shareholders of record on Monday, August 18th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Monday, August 18th. BWX Technologies’s payout ratio is currently 31.25%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on BWXT. Truist Financial set a $145.00 price target on BWX Technologies and gave the stock a “hold” rating in a research note on Tuesday, August 5th. Bank of America raised their price target on BWX Technologies from $155.00 to $220.00 and gave the stock a “buy” rating in a research note on Wednesday, August 13th. Northland Capmk raised BWX Technologies to a “strong-buy” rating in a research note on Tuesday, September 9th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $150.00 price target (up from $119.00) on shares of BWX Technologies in a research note on Tuesday, July 8th. Finally, Northland Securities began coverage on BWX Technologies in a research note on Wednesday, September 10th. They set an “outperform” rating and a $205.00 price target for the company. Two equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, three have assigned 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 price target of $160.83.

Insiders Place Their Bets

In other BWX Technologies news, SVP Ronald Owen Whitford, Jr. sold 2,092 shares of BWX Technologies stock in a transaction that occurred on Monday, August 11th. The stock was sold at an average price of $177.43, for a total value of $371,183.56. Following the transaction, the senior vice president directly owned 10,149 shares of the company’s stock, valued at $1,800,737.07. The trade was a 17.09% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Omar Fathi Meguid sold 2,261 shares of BWX Technologies stock in a transaction that occurred on Wednesday, August 6th. The stock was sold at an average price of $179.84, for a total value of $406,618.24. Following the completion of the transaction, the senior vice president directly owned 2,361 shares in the company, valued at approximately $424,602.24. This represents a 48.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 29,953 shares of company stock valued at $5,359,758. Corporate insiders own 0.47% of the company’s stock.

About BWX Technologies

BWX Technologies, Inc, together with its subsidiaries, manufactures and sells nuclear components in the United States, Canada, and internationally. It operates through two segments, Government Operations and Commercial Operations. The Government Operations segment designs and manufactures naval nuclear components, reactors, and nuclear fuel; fabrication activities; and supplies proprietary and sole-source valves, manifolds, and fittings to naval and commercial shipping customers.