Man Group plc Acquires Shares of 23,663 BWX Technologies, Inc. $BWXT

Man Group plc bought a new position in shares of BWX Technologies, Inc. (NYSE:BWXT) during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund bought 23,663 shares of the technology company’s stock, valued at approximately $4,606,000.

A number of other large investors have also modified their holdings of BWXT. MV Capital Management Inc. acquired a new position in BWX Technologies during the fourth quarter worth $32,000. WFA of San Diego LLC acquired a new stake in BWX Technologies in the second quarter valued at $29,000. Tucker Asset Management LLC acquired a new stake in BWX Technologies in the fourth quarter valued at $36,000. Vermillion Wealth Management Inc. boosted its position in shares of BWX Technologies by 71.7% during the 4th quarter. Vermillion Wealth Management Inc. now owns 237 shares of the technology company’s stock worth $41,000 after purchasing an additional 99 shares in the last quarter. Finally, Ancora Advisors LLC purchased a new stake in shares of BWX Technologies during the 2nd quarter worth $47,000. 94.39% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. JPMorgan Chase & Co. assumed coverage on shares of BWX Technologies in a research note on Monday, July 27th. They set an “overweight” rating and a $230.00 price target on the stock. Deutsche Bank Aktiengesellschaft upgraded BWX Technologies from a “hold” rating to a “buy” rating and upped their price target for the stock from $205.00 to $255.00 in a report on Friday, May 15th. Zacks Research downgraded BWX Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 11th. BTIG Research reaffirmed a “buy” rating and set a $235.00 price objective on shares of BWX Technologies in a report on Tuesday, August 4th. Finally, Wall Street Zen downgraded BWX Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $224.20.

BWX Technologies Stock Up 0.2%

BWXT stock opened at $153.12 on Monday. The company has a debt-to-equity ratio of 1.51, a current ratio of 2.40 and a quick ratio of 2.33. The company’s 50 day simple moving average is $175.83 and its 200-day simple moving average is $195.75. BWX Technologies, Inc. has a 12 month low of $147.74 and a 12 month high of $241.82. The firm has a market capitalization of $14.03 billion, a PE ratio of 39.67, a P/E/G ratio of 2.39 and a beta of 0.76.

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

BWX Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Tuesday, August 18th will be issued a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Tuesday, August 18th. BWX Technologies’s payout ratio is 27.98%.

Insider Buying and Selling at BWX Technologies

In other news, CEO Rex D. Geveden sold 10,000 shares of the company’s stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $172.50, for a total value of $1,725,000.00. Following the sale, the chief executive officer directly owned 192,491 shares in the company, valued at $33,204,697.50. This represents a 4.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is currently owned by company insiders.

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.