BWX Technologies (NYSE:BWXT) Upgraded to Hold at BNP Paribas

BNP Paribas upgraded shares of BWX Technologies (NYSE:BWXT) to a hold rating in a report issued on Thursday,Zacks.com reports.

Several other equities analysts have also recently issued reports on BWXT. William Blair reaffirmed an “outperform” rating on shares of BWX Technologies in a research report on Wednesday, September 17th. Bank of America boosted their price target on BWX Technologies from $220.00 to $230.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. Truist Financial set a $205.00 price target on BWX Technologies in a report on Friday, January 9th. Deutsche Bank Aktiengesellschaft set a $180.00 price objective on BWX Technologies and gave the stock a “hold” rating in a report on Wednesday, October 8th. Finally, BNP Paribas Exane began coverage on shares of BWX Technologies in a research note on Thursday. They set a “neutral” rating and a $215.00 target price on the stock. Three investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, BWX Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $200.96.

BWX Technologies Stock Up 2.2%

NYSE:BWXT opened at $217.85 on Thursday. The company has a debt-to-equity ratio of 1.21, a quick ratio of 1.62 and a current ratio of 1.71. The firm has a market cap of $19.92 billion, a P/E ratio of 65.42, a P/E/G ratio of 3.43 and a beta of 0.86. BWX Technologies has a fifty-two week low of $84.21 and a fifty-two week high of $220.57. The firm has a 50-day simple moving average of $182.74 and a two-hundred day simple moving average of $176.05.

BWX Technologies (NYSE:BWXT) last issued its earnings results on Monday, November 3rd. The technology company reported $1.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.15. The business had revenue of $866.29 million during the quarter, compared to analysts’ expectations of $795.48 million. BWX Technologies had a net margin of 10.04% and a return on equity of 30.70%. The business’s revenue for the quarter was up 28.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.83 earnings per share. BWX Technologies has set its FY 2025 guidance at 3.750-3.800 EPS. Analysts predict that BWX Technologies will post 3.23 earnings per share for the current fiscal year.

BWX Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Wednesday, November 19th were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Wednesday, November 19th. BWX Technologies’s payout ratio is currently 30.03%.

Insider Activity at BWX Technologies

In other news, CEO Rex D. Geveden sold 10,000 shares of the stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $197.90, for a total value of $1,979,000.00. Following the transaction, the chief executive officer owned 187,594 shares in the company, valued at $37,124,852.60. This represents a 5.06% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.47% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Invesco Ltd. grew its position in shares of BWX Technologies by 60.1% during the 3rd quarter. Invesco Ltd. now owns 2,549,150 shares of the technology company’s stock valued at $469,987,000 after acquiring an additional 956,770 shares during the period. Alkeon Capital Management LLC lifted its position in BWX Technologies by 163.0% during the third quarter. Alkeon Capital Management LLC now owns 1,578,048 shares of the technology company’s stock valued at $290,945,000 after purchasing an additional 978,000 shares in the last quarter. Valeo Financial Advisors LLC grew its holdings in BWX Technologies by 33,572.0% during the second quarter. Valeo Financial Advisors LLC now owns 1,517,599 shares of the technology company’s stock valued at $2,228,000 after purchasing an additional 1,513,092 shares during the period. William Blair Investment Management LLC increased its position in BWX Technologies by 523.2% in the second quarter. William Blair Investment Management LLC now owns 1,517,356 shares of the technology company’s stock worth $218,590,000 after buying an additional 1,273,895 shares in the last quarter. Finally, Artisan Partners Limited Partnership bought a new position in shares of BWX Technologies in the second quarter worth about $183,859,000. 94.39% of the stock is currently owned by institutional investors.

About BWX Technologies

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.