Hsbc Holdings PLC acquired a new position in shares of BWX Technologies, Inc. (NYSE:BWXT – Free Report) in the 2nd quarter, Holdings Channel.com reports. The fund acquired 9,133 shares of the technology company’s stock, valued at approximately $1,744,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of BWXT. BlackRock Inc. purchased a new position in BWX Technologies during the second quarter worth $2,359,895,000. Bank of New York Mellon Corp purchased a new stake in shares of BWX Technologies in the second quarter valued at $222,587,000. Invesco Ltd. boosted its stake in shares of BWX Technologies by 60.1% during the third quarter. Invesco Ltd. now owns 2,549,150 shares of the technology company’s stock valued at $469,987,000 after acquiring an additional 956,770 shares during the last quarter. William Blair Investment Management LLC acquired a new stake in shares of BWX Technologies during the second quarter valued at $183,211,000. Finally, Select Equity Group L.P. purchased a new stake in BWX Technologies during the 2nd quarter worth about $68,902,000. Hedge funds and other institutional investors own 94.39% of the company’s stock.
BWX Technologies Stock Performance
NYSE BWXT opened at $153.12 on Monday. The business’s 50-day moving average price is $175.83 and its 200 day moving average price is $195.75. The company has a current ratio of 2.40, a quick ratio of 2.33 and a debt-to-equity ratio of 1.51. BWX Technologies, Inc. has a twelve month low of $147.74 and a twelve month high of $241.82. The company has a market capitalization of $14.03 billion, a PE ratio of 39.67, a price-to-earnings-growth ratio of 2.39 and a beta of 0.76.
BWX Technologies Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Tuesday, August 18th will be given 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 yield of 0.7%. BWX Technologies’s dividend payout ratio is 27.98%.
Analyst Ratings Changes
Several research analysts recently weighed in on BWXT shares. Wall Street Zen downgraded shares of BWX Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. BTIG Research reaffirmed a “buy” rating and set a $235.00 price target on shares of BWX Technologies in a research note on Tuesday, August 4th. Weiss Ratings downgraded shares of BWX Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday. JPMorgan Chase & Co. initiated coverage on shares of BWX Technologies in a research note on Monday, July 27th. They set an “overweight” rating and a $230.00 price objective on the stock. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of BWX Technologies from a “hold” rating to a “buy” rating and raised their target price for the stock from $205.00 to $255.00 in a research report on Friday, May 15th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $224.20.
Check Out Our Latest Analysis on BWX Technologies
Insiders Place Their Bets
In other BWX Technologies news, CEO Rex D. Geveden sold 10,000 shares of the stock in a transaction that occurred on Wednesday, August 12th. The shares were 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 of the company’s stock, valued at $33,204,697.50. This trade represents a 4.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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 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.
Recommended Stories
- Five stocks we like better than BWX Technologies
- Strike a Balance Between Growth and Stability With These 3 Names Ready to Rally
- Rubrik’s AI Security Bet Could Power the Next Leg Higher
- Apple’s Foldable iPhone Could Be a Catalyst, But Not a Cure-All
- Snowflake Is Up Nearly 50% in 2026—What Are Short Sellers Betting Against?
Want to see what other hedge funds are holding BWXT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BWX Technologies, Inc. (NYSE:BWXT – Free Report).
Receive News & Ratings for BWX Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BWX Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
