L & S Advisors Inc Cuts Stock Position in BWX Technologies, Inc. $BWXT

L & S Advisors Inc cut its holdings in BWX Technologies, Inc. (NYSE:BWXT) by 12.5% in the fourth quarter, HoldingsChannel reports. The firm owned 23,444 shares of the technology company’s stock after selling 3,350 shares during the quarter. L & S Advisors Inc’s holdings in BWX Technologies were worth $4,052,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Massachusetts Financial Services Co. MA boosted its stake in BWX Technologies by 26.0% during the third quarter. Massachusetts Financial Services Co. MA now owns 1,159,033 shares of the technology company’s stock worth $213,691,000 after buying an additional 239,292 shares during the period. Eos Management L.P. lifted its position in shares of BWX Technologies by 27.9% during the third quarter. Eos Management L.P. now owns 25,894 shares of the technology company’s stock worth $4,774,000 after purchasing an additional 5,644 shares during the last quarter. Principal Financial Group Inc. lifted its position in shares of BWX Technologies by 51.1% during the third quarter. Principal Financial Group Inc. now owns 313,192 shares of the technology company’s stock worth $57,743,000 after purchasing an additional 105,879 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of BWX Technologies during the fourth quarter worth $9,754,000. Finally, Thrivent Financial for Lutherans lifted its position in shares of BWX Technologies by 7.3% during the third quarter. Thrivent Financial for Lutherans now owns 669,636 shares of the technology company’s stock worth $123,460,000 after purchasing an additional 45,667 shares during the last quarter. 94.39% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on BWXT. Deutsche Bank Aktiengesellschaft upgraded BWX Technologies from a “hold” rating to a “buy” rating and lifted their target price for the stock from $205.00 to $255.00 in a research report on Friday. Bank of America lifted their target price on BWX Technologies from $230.00 to $250.00 and gave the stock a “buy” rating in a research report on Wednesday, March 25th. Truist Financial lifted their target price on BWX Technologies from $205.00 to $212.00 and gave the stock a “hold” rating in a research report on Monday, May 11th. TD Cowen began coverage on BWX Technologies in a research report on Thursday, March 12th. They set a “buy” rating and a $230.00 target price for the company. Finally, TD Securities began coverage on BWX Technologies in a research report on Thursday, March 12th. They set a “buy” rating and a $230.00 target price for the company. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $222.96.

BWX Technologies Stock Performance

BWXT stock opened at $204.48 on Friday. The company has a debt-to-equity ratio of 1.58, a current ratio of 2.40 and a quick ratio of 2.33. The business has a 50-day moving average price of $212.76 and a 200 day moving average price of $199.93. The company has a market capitalization of $18.73 billion, a P/E ratio of 54.68, a PEG ratio of 3.37 and a beta of 0.78. BWX Technologies, Inc. has a 1-year low of $106.22 and a 1-year high of $241.82.

BWX Technologies (NYSE:BWXT) last released its quarterly earnings data on Monday, May 4th. The technology company reported $1.12 earnings per share for the quarter, beating the consensus estimate of $0.92 by $0.20. The firm had revenue of $860.22 million during the quarter, compared to the consensus estimate of $837.47 million. BWX Technologies had a return on equity of 31.33% and a net margin of 10.20%.The firm’s quarterly revenue was up 26.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.91 earnings per share. BWX Technologies has set its FY 2026 guidance at 4.600-4.750 EPS. As a group, equities research analysts forecast that BWX Technologies, Inc. will post 4.71 EPS for the current fiscal year.

BWX Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Tuesday, May 19th will be issued a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Tuesday, May 19th. BWX Technologies’s payout ratio is presently 28.88%.

Insider Transactions at BWX Technologies

In related news, CFO Michael Thomas Fitzgerald sold 2,417 shares of BWX Technologies stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $209.25, for a total value of $505,757.25. Following the completion of the sale, the chief financial officer directly owned 6,884 shares in the company, valued at $1,440,477. The trade was a 25.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CAO Kevin James Gorman sold 1,344 shares of the business’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $214.71, for a total transaction of $288,570.24. Following the completion of the transaction, the chief accounting officer owned 114 shares of the company’s stock, valued at $24,476.94. This represents a 92.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 15,744 shares of company stock valued at $3,256,101. Insiders own 0.60% of the company’s stock.

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.