Valeo Financial Advisors LLC Grows Position in BWX Technologies, Inc. $BWXT

Valeo Financial Advisors LLC increased its holdings in BWX Technologies, Inc. (NYSE:BWXT) by 33,572.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,517,599 shares of the technology company’s stock after acquiring an additional 1,513,092 shares during the quarter. Valeo Financial Advisors LLC’s holdings in BWX Technologies were worth $2,228,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Stone House Investment Management LLC purchased a new stake in BWX Technologies in the first quarter worth about $31,000. Compass Financial Services Inc purchased a new stake in shares of BWX Technologies during the first quarter valued at about $33,000. HHM Wealth Advisors LLC lifted its position in shares of BWX Technologies by 34.5% during the first quarter. HHM Wealth Advisors LLC now owns 390 shares of the technology company’s stock valued at $38,000 after buying an additional 100 shares during the last quarter. Farther Finance Advisors LLC lifted its position in shares of BWX Technologies by 109.6% during the first quarter. Farther Finance Advisors LLC now owns 459 shares of the technology company’s stock valued at $46,000 after buying an additional 240 shares during the last quarter. Finally, National Bank of Canada FI lifted its position in shares of BWX Technologies by 369.7% during the first quarter. National Bank of Canada FI now owns 559 shares of the technology company’s stock valued at $55,000 after buying an additional 440 shares during the last quarter. 94.39% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at BWX Technologies

In other BWX Technologies news, SVP Omar Fathi Meguid sold 2,261 shares of the firm’s stock in a transaction that occurred on Wednesday, August 6th. The shares were sold at an average price of $179.84, for a total transaction of $406,618.24. Following the completion of the transaction, the senior vice president directly owned 2,361 shares of the company’s stock, valued at approximately $424,602.24. This trade represents a 48.92% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Rex D. Geveden sold 25,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 6th. The stock was sold at an average price of $179.00, for a total transaction of $4,475,000.00. Following the transaction, the chief executive officer directly owned 197,594 shares of the company’s stock, valued at $35,369,326. This represents a 11.23% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 29,953 shares of company stock worth $5,359,758. 0.47% of the stock is owned by insiders.

BWX Technologies Stock Performance

BWXT opened at $191.61 on Tuesday. BWX Technologies, Inc. has a 52-week low of $84.21 and a 52-week high of $193.25. The company has a quick ratio of 1.60, a current ratio of 1.69 and a debt-to-equity ratio of 1.28. The company has a market cap of $17.51 billion, a P/E ratio of 59.88, a price-to-earnings-growth ratio of 4.23 and a beta of 0.78. The firm’s 50-day moving average price is $170.56 and its 200-day moving average price is $138.33.

BWX Technologies (NYSE:BWXT) last posted its quarterly earnings data on Monday, August 4th. The technology company reported $1.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.23. BWX Technologies had a net margin of 10.28% and a return on equity of 30.61%. The firm had revenue of $764.00 million for the quarter, compared to the consensus estimate of $708.00 million. During the same quarter in the prior year, the company posted $0.82 earnings per share. The company’s revenue for the quarter was up 12.1% compared to the same quarter last year. BWX Technologies has set its FY 2025 guidance at 3.650-3.750 EPS. As a group, equities analysts anticipate that BWX Technologies, Inc. will post 3.23 EPS for the current fiscal year.

BWX Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 5th. Stockholders of record on Monday, August 18th were issued a dividend of $0.25 per share. The ex-dividend date was Monday, August 18th. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. BWX Technologies’s dividend payout ratio is 31.25%.

Analyst Ratings Changes

BWXT has been the subject of several analyst reports. Weiss Ratings reissued a “buy (b-)” rating on shares of BWX Technologies in a research report on Saturday, September 27th. Wedbush reissued an “outperform” rating on shares of BWX Technologies in a research report on Wednesday, October 1st. Bank of America increased their price target on shares of BWX Technologies from $155.00 to $220.00 and gave the company a “buy” rating in a research report on Wednesday, August 13th. William Blair reissued an “outperform” rating on shares of BWX Technologies in a research report on Wednesday, September 17th. Finally, Wall Street Zen lowered shares of BWX Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $160.83.

About BWX Technologies

BWX Technologies, Inc, together with its subsidiaries, manufactures and sells nuclear components in the United States, Canada, and internationally. It operates through two segments, Government Operations and Commercial Operations. The Government Operations segment designs and manufactures naval nuclear components, reactors, and nuclear fuel; fabrication activities; and supplies proprietary and sole-source valves, manifolds, and fittings to naval and commercial shipping customers.