Nicholas Investment Partners LP Makes New $53.02 Million Investment in BWX Technologies, Inc. $BWXT

Nicholas Investment Partners LP acquired a new position in BWX Technologies, Inc. (NYSE:BWXT) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 272,395 shares of the technology company’s stock, valued at approximately $53,022,000. BWX Technologies comprises 3.0% of Nicholas Investment Partners LP’s portfolio, making the stock its biggest position. Nicholas Investment Partners LP owned 0.30% of BWX Technologies at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. BlackRock Inc. bought a new position in shares of BWX Technologies during the 2nd quarter valued at $2,359,895,000. Bank of New York Mellon Corp bought a new stake in BWX Technologies in the second quarter worth $222,587,000. Invesco Ltd. lifted its stake in BWX Technologies by 60.1% in the third quarter. Invesco Ltd. now owns 2,549,150 shares of the technology company’s stock worth $469,987,000 after purchasing an additional 956,770 shares during the last quarter. William Blair Investment Management LLC purchased a new stake in BWX Technologies during the second quarter valued at about $183,211,000. Finally, Select Equity Group L.P. purchased a new stake in BWX Technologies during the second quarter valued at about $68,902,000. Hedge funds and other institutional investors own 94.39% of the company’s stock.

BWX Technologies Stock Performance

BWX Technologies stock opened at $149.40 on Tuesday. The company has a current ratio of 2.40, a quick ratio of 2.33 and a debt-to-equity ratio of 1.51. The firm has a 50-day moving average of $179.81 and a 200-day moving average of $196.91. The firm has a market cap of $13.69 billion, a P/E ratio of 38.71, a P/E/G ratio of 2.45 and a beta of 0.76. BWX Technologies, Inc. has a 1-year low of $149.16 and a 1-year high of $241.82.

BWX Technologies (NYSE:BWXT) last announced its quarterly earnings results on Monday, August 3rd. The technology company reported $1.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.04 by $0.03. The company had revenue of $901.62 million for the quarter, compared to the consensus estimate of $902.41 million. BWX Technologies had a return on equity of 30.83% and a net margin of 10.11%.BWX Technologies’s revenue was up 18.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.02 EPS. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. Sell-side analysts expect that BWX Technologies, Inc. will post 4.75 EPS for the current year.

BWX Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Tuesday, August 18th will be paid a dividend of $0.27 per share. The ex-dividend date of this dividend is Tuesday, August 18th. This represents a $1.08 annualized dividend and a dividend yield of 0.7%. BWX Technologies’s payout ratio is 27.98%.

Insider Activity

In related news, CEO Rex D. Geveden sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $172.50, for a total transaction of $1,725,000.00. Following the completion of the transaction, the chief executive officer owned 192,491 shares in the company, valued at $33,204,697.50. This represents a 4.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.60% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently commented on BWXT shares. Truist Financial decreased their price objective on BWX Technologies from $212.00 to $202.00 and set a “hold” rating on the stock in a report on Friday, August 14th. Wall Street Zen lowered BWX Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. JPMorgan Chase & Co. started coverage on BWX Technologies in a research note on Monday, July 27th. They issued an “overweight” rating and a $230.00 price target on the stock. BTIG Research reissued a “buy” rating and set a $235.00 price objective on shares of BWX Technologies in a research note on Tuesday, August 4th. Finally, Seaport Research Partners upgraded shares of BWX Technologies from a “neutral” rating to a “buy” rating and set a $245.00 target price on the stock in a report on Monday, June 22nd. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, BWX Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $227.20.

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.