Sapient Capital LLC Lowers Stake in BWX Technologies, Inc. $BWXT

Sapient Capital LLC cut its stake in BWX Technologies, Inc. (NYSE:BWXT) by 18.4% during the first quarter, HoldingsChannel reports. The firm owned 230,356 shares of the technology company’s stock after selling 51,955 shares during the period. BWX Technologies accounts for about 0.7% of Sapient Capital LLC’s holdings, making the stock its 21st largest position. Sapient Capital LLC’s holdings in BWX Technologies were worth $47,058,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in BWXT. Goldman Sachs Group Inc. boosted its position in 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 during the period. Caxton Associates LLP bought a new position in BWX Technologies in the 1st quarter worth about $304,000. Flow Traders U.S. LLC purchased a new position in shares of BWX Technologies during the second quarter worth approximately $404,000. NewEdge Advisors LLC increased its position in shares of 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 acquiring an additional 6,117 shares during the period. Finally, Sei Investments Co. increased its position in shares of 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 acquiring an additional 79,646 shares during the period. Hedge funds and other institutional investors own 94.39% of the company’s stock.

BWX Technologies Trading Up 0.1%

NYSE:BWXT opened at $168.85 on Monday. The firm has a 50-day simple moving average of $188.03 and a 200-day simple moving average of $201.78. BWX Technologies, Inc. has a one year low of $143.07 and a one year high of $241.82. The firm has a market cap of $15.47 billion, a P/E ratio of 45.15, a P/E/G ratio of 2.87 and a beta of 0.76. The company has a debt-to-equity ratio of 1.58, a quick ratio of 2.33 and a current ratio of 2.40.

BWX Technologies (NYSE:BWXT) last released its quarterly earnings data on Monday, May 4th. The technology company reported $1.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.92 by $0.20. BWX Technologies had a net margin of 10.20% and a return on equity of 31.33%. The firm had revenue of $860.22 million for the quarter, compared to the consensus estimate of $837.47 million. During the same period last year, the firm earned $0.91 earnings per share. The company’s quarterly revenue was up 26.1% on a year-over-year basis. Equities analysts anticipate that BWX Technologies, Inc. will post 4.61 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

BWXT has been the subject of a number of research reports. Zacks Research lowered BWX Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. Wall Street Zen upgraded BWX Technologies from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. JPMorgan Chase & Co. started coverage on BWX Technologies in a report on Monday, July 27th. They set an “overweight” rating and a $230.00 price objective on the stock. Weiss Ratings lowered BWX Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday. Finally, Truist Financial upped their target price on BWX Technologies from $205.00 to $212.00 and gave the stock a “hold” rating in a report on Monday, May 11th. Two investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, BWX Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $228.20.

Insider Activity at BWX Technologies

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

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.