New York State Teachers Retirement System Has $7.90 Million Position in BWX Technologies, Inc. $BWXT

New York State Teachers Retirement System lessened its position in BWX Technologies, Inc. (NYSE:BWXT) by 7.1% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 38,636 shares of the technology company’s stock after selling 2,973 shares during the period. New York State Teachers Retirement System’s holdings in BWX Technologies were worth $7,901,000 as of its most recent filing with the SEC.

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

BWX Technologies Stock Down 4.5%

Shares of NYSE:BWXT traded down $8.79 during mid-day trading on Tuesday, reaching $188.10. 75,600 shares of the stock were exchanged, compared to its average volume of 1,025,122. The company has a quick ratio of 2.33, a current ratio of 2.40 and a debt-to-equity ratio of 1.58. The company has a market cap of $17.23 billion, a P/E ratio of 50.29, 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 stock’s 50 day simple moving average is $200.87 and its 200-day simple moving average is $202.69.

BWX Technologies (NYSE:BWXT) last released its earnings results on Monday, May 4th. The technology company reported $1.12 EPS for the quarter, beating the consensus estimate of $0.92 by $0.20. BWX Technologies had a return on equity of 31.33% and a net margin of 10.20%.The firm had revenue of $860.22 million for the quarter, compared to analysts’ expectations of $837.47 million. During the same quarter in the previous year, the business posted $0.91 EPS. The business’s quarterly revenue was up 26.1% compared to the same quarter last year. BWX Technologies has set its FY 2026 guidance at 4.600-4.750 EPS. As a group, equities research analysts predict that BWX Technologies, Inc. will post 4.6 EPS for the current year.

BWX Technologies Announces Dividend

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

Wall Street Analyst Weigh In

A number of research firms have recently commented on BWXT. TD Cowen assumed coverage on BWX Technologies in a research report on Thursday, March 12th. They set a “buy” rating and a $230.00 price target on the stock. Wells Fargo & Company started coverage on BWX Technologies in a research report on Wednesday, April 1st. They issued an “underweight” rating and a $200.00 price objective for the company. Zacks Research cut BWX Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 11th. Wall Street Zen upgraded shares of BWX Technologies from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Finally, Deutsche Bank Aktiengesellschaft raised shares of BWX Technologies from a “hold” rating to a “buy” rating and lifted their price target for the company from $205.00 to $255.00 in a research note on Friday, May 15th. Two research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $228.00.

Insiders Place Their Bets

In related news, CFO Michael Thomas Fitzgerald sold 2,417 shares of the stock in a transaction on Monday, May 11th. The shares were sold at an average price of $209.25, for a total transaction of $505,757.25. Following the completion of the transaction, the chief financial officer owned 6,884 shares in the company, valued at approximately $1,440,477. This represents a 25.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Rex D. Geveden sold 10,000 shares of the firm’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $204.81, for a total transaction 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 approximately $41,472,181.71. This trade represents a 4.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.60% of the company’s stock.

BWX Technologies 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.