Freestone Grove Partners LP Invests $10.41 Million in BWX Technologies, Inc. $BWXT

Freestone Grove Partners LP acquired a new stake in shares of BWX Technologies, Inc. (NYSE:BWXT) during the second quarter, HoldingsChannel.com reports. The fund acquired 53,470 shares of the technology company’s stock, valued at approximately $10,408,000.

A number of other institutional investors have also made changes to their positions in the stock. WFA of San Diego LLC bought a new stake in BWX Technologies during the second quarter worth approximately $29,000. MV Capital Management Inc. bought a new position in shares of BWX Technologies in the fourth quarter valued at approximately $32,000. Tucker Asset Management LLC acquired a new stake in shares of BWX Technologies in the fourth quarter worth $36,000. Vermillion Wealth Management Inc. lifted its stake in shares of BWX Technologies by 71.7% in the fourth quarter. Vermillion Wealth Management Inc. now owns 237 shares of the technology company’s stock worth $41,000 after buying an additional 99 shares during the last quarter. Finally, Smithfield Trust Co boosted its holdings in shares of BWX Technologies by 52.1% during the 4th quarter. Smithfield Trust Co now owns 251 shares of the technology company’s stock worth $44,000 after buying an additional 86 shares during the period. 94.39% of the stock is owned by institutional investors.

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, August 12th. The stock was sold at an average price of $172.50, for a total transaction of $1,725,000.00. Following the transaction, the chief executive officer owned 192,491 shares in the company, valued at approximately $33,204,697.50. This trade represents a 4.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is currently owned by corporate insiders.

BWX Technologies Price Performance

BWX Technologies stock opened at $155.82 on Friday. BWX Technologies, Inc. has a 1 year low of $147.74 and a 1 year high of $241.82. 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 market capitalization of $14.28 billion, a P/E ratio of 40.37, a PEG ratio of 2.40 and a beta of 0.76. The business has a 50-day moving average of $176.87 and a 200-day moving average of $196.10.

BWX Technologies (NYSE:BWXT) last announced its earnings results on Monday, August 3rd. The technology company reported $1.07 EPS for the quarter, topping the consensus estimate of $1.04 by $0.03. The firm had revenue of $901.62 million for the quarter, compared to the consensus estimate of $902.41 million. BWX Technologies had a net margin of 10.11% and a return on equity of 30.83%. The business’s quarterly revenue was up 18.0% on a year-over-year basis. During the same period last year, the company posted $1.02 EPS. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. On average, equities analysts anticipate that BWX Technologies, Inc. will post 4.75 EPS for the current year.

BWX Technologies Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. 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 research note on Monday, June 22nd. JPMorgan Chase & Co. began coverage on shares of BWX Technologies in a report on Monday, July 27th. They set an “overweight” rating and a $230.00 price target for the company. Weiss Ratings raised BWX Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, August 12th. Zacks Research downgraded BWX Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 11th. Finally, Wells Fargo & Company upgraded BWX Technologies from an “underweight” rating to an “equal weight” rating and cut their price target for the stock from $200.00 to $170.00 in a report on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, BWX Technologies has an average rating of “Moderate Buy” and an average price target of $224.20.

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.