BWX Technologies (NYSE:BWXT) Stock Rating Reaffirmed as Buy by BTIG Research

BWX Technologies (NYSE:BWXT)‘s stock had its “buy” rating reiterated by investment analysts at BTIG Research in a note issued to investors on Wednesday, Benzinga reports. They currently have a $235.00 target price on the technology company’s stock. BTIG Research’s price objective suggests a potential upside of 70.30% from the stock’s current price.

Several other research firms have also recently commented on BWXT. Weiss Ratings cut shares of BWX Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, August 26th. 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. Guggenheim assumed coverage on BWX Technologies in a research report on Monday, September 14th. They issued a “buy” rating and a $192.00 price objective on the stock. Truist Financial lowered their target price on BWX Technologies from $212.00 to $202.00 and set a “hold” rating for the company in a research note on Friday, August 14th. Finally, Jefferies Financial Group began coverage on BWX Technologies in a research report on Thursday, September 3rd. They set a “buy” rating and a $181.00 target price for the company. Two analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, BWX Technologies has an average rating of “Moderate Buy” and a consensus target price of $213.75.

BWX Technologies Trading Up 2.7%

Shares of BWXT opened at $137.99 on Wednesday. The stock has a fifty day moving average price of $158.53 and a two-hundred day moving average price of $187.51. The company has a debt-to-equity ratio of 1.51, a quick ratio of 2.33 and a current ratio of 2.40. The company has a market cap of $12.64 billion, a price-to-earnings ratio of 35.75, a PEG ratio of 2.10 and a beta of 0.75. BWX Technologies has a 52-week low of $133.21 and a 52-week high of $241.82.

BWX Technologies (NYSE:BWXT) last released 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 business had revenue of $901.62 million during the quarter, compared to analysts’ expectations of $902.41 million. BWX Technologies had a return on equity of 30.83% and a net margin of 10.11%.The firm’s revenue for the quarter was up 18.0% compared to the same quarter last year. During the same period in the previous year, the business posted $1.02 earnings per share. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. Analysts predict that BWX Technologies will post 4.75 EPS for the current fiscal year.

Insider Buying and Selling at BWX Technologies

In other news, CEO Rex D. Geveden sold 10,000 shares of the business’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $172.50, for a total value of $1,725,000.00. Following the completion of the transaction, the chief executive officer owned 192,491 shares of the company’s stock, valued at $33,204,697.50. The trade was a 4.94% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at 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.

Hedge Funds Weigh In On BWX Technologies

Several institutional investors and hedge funds have recently modified their holdings of the business. QRG Capital Management Inc. lifted its stake in BWX Technologies by 14.2% in the second quarter. QRG Capital Management Inc. now owns 2,807 shares of the technology company’s stock valued at $546,000 after buying an additional 348 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in BWX Technologies by 3.9% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,935 shares of the technology company’s stock worth $1,350,000 after acquiring an additional 260 shares in the last quarter. Security National Bank of SO Dak acquired a new position in BWX Technologies during the second quarter valued at approximately $29,000. Sequoia Financial Advisors LLC boosted its position in BWX Technologies by 18.3% during the second quarter. Sequoia Financial Advisors LLC now owns 60,999 shares of the technology company’s stock valued at $11,873,000 after purchasing an additional 9,425 shares during the last quarter. Finally, WINTON GROUP Ltd bought a new position in BWX Technologies in the second quarter valued at approximately $428,000. 94.39% of the stock is currently owned by institutional investors and hedge funds.

BWX Technologies Company Profile

BWX Technologies, Inc (NYSE:BWXT) is a provider of nuclear components, systems and services for government and commercial customers. The company is best known for designing and manufacturing nuclear reactors and related components for the U.S. Navy’s nuclear-powered aircraft carriers and submarines. It also supports the nuclear fuel cycle and provides engineering, manufacturing, maintenance and technical services for nuclear facilities.

BWXT serves the U.S. government, commercial nuclear power producers, research institutions and customers in the healthcare and space industries.