Janney Montgomery Scott LLC Sells 3,555 Shares of BWX Technologies, Inc. $BWXT

Janney Montgomery Scott LLC cut its position in shares of BWX Technologies, Inc. (NYSE:BWXT) by 16.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,461 shares of the technology company’s stock after selling 3,555 shares during the quarter. Janney Montgomery Scott LLC’s holdings in BWX Technologies were worth $3,571,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BWXT. Goldman Sachs Group Inc. lifted its position in shares of BWX Technologies by 0.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 141,680 shares of the technology company’s stock worth $13,977,000 after acquiring an additional 371 shares during the period. Caxton Associates LLP acquired a new position in shares of BWX Technologies in the first quarter valued at $304,000. Flow Traders U.S. LLC bought a new position in BWX Technologies in the second quarter worth $404,000. NewEdge Advisors LLC boosted its stake in BWX Technologies by 670.0% during the second quarter. NewEdge Advisors LLC now owns 7,030 shares of the technology company’s stock worth $1,013,000 after buying an additional 6,117 shares in the last quarter. Finally, Sei Investments Co. boosted its stake in BWX Technologies by 44.9% during the second quarter. Sei Investments Co. now owns 256,969 shares of the technology company’s stock worth $37,018,000 after buying an additional 79,646 shares in the last quarter. 94.39% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, CEO Rex D. Geveden sold 10,000 shares of BWX Technologies stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $204.81, for a total value of $2,048,100.00. Following the completion of the transaction, the chief executive officer directly owned 202,491 shares of the company’s stock, valued at $41,472,181.71. The trade was a 4.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Michael Thomas Fitzgerald sold 2,417 shares of the company’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $209.25, for a total transaction of $505,757.25. Following the transaction, the chief financial officer owned 6,884 shares in the company, valued at approximately $1,440,477. This trade represents a 25.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.60% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on BWXT. Zacks Research downgraded shares of BWX Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. Weiss Ratings reissued a “buy (b-)” rating on shares of BWX Technologies in a research report on Friday, May 22nd. TD Securities started coverage on shares of BWX Technologies in a research note on Thursday, March 12th. They set a “buy” rating and a $230.00 price target for the company. TD Cowen started coverage on BWX Technologies in a report on Thursday, March 12th. They set a “buy” rating and a $230.00 price objective on the stock. Finally, Wells Fargo & Company began coverage on BWX Technologies in a report on Wednesday, April 1st. They issued an “underweight” rating and a $200.00 target price for the company. Two research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $228.00.

BWX Technologies Price Performance

BWXT stock traded down $9.85 during trading on Tuesday, hitting $187.04. 40,828 shares of the stock traded hands, compared to its average volume of 1,024,995. The company has a current ratio of 2.40, a quick ratio of 2.33 and a debt-to-equity ratio of 1.58. The stock has a market cap of $17.13 billion, a price-to-earnings ratio of 50.18, a P/E/G ratio of 3.22 and a beta of 0.74. BWX Technologies, Inc. has a one year low of $133.84 and a one year high of $241.82. The company has a 50 day simple moving average of $200.87 and a 200 day simple moving average of $202.69.

BWX Technologies (NYSE:BWXT) last posted its quarterly earnings data on Monday, May 4th. The technology company reported $1.12 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.20. The company had revenue of $860.22 million during the quarter, compared to analyst estimates of $837.47 million. BWX Technologies had a net margin of 10.20% and a return on equity of 31.33%. The company’s revenue was up 26.1% on a year-over-year basis. During the same quarter last year, the business posted $0.91 earnings per share. BWX Technologies has set its FY 2026 guidance at 4.600-4.750 EPS. Equities analysts expect that BWX Technologies, Inc. will post 4.6 EPS for the current fiscal year.

BWX Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Tuesday, May 19th were given a $0.27 dividend. The ex-dividend date was Tuesday, May 19th. This represents a $1.08 annualized dividend and a yield of 0.6%. BWX Technologies’s payout ratio is presently 28.88%.

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.