Sequoia Financial Advisors LLC Raises Stock Holdings in BWX Technologies, Inc. $BWXT

Sequoia Financial Advisors LLC raised its position in BWX Technologies, Inc. (NYSE:BWXT) by 7.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 46,409 shares of the technology company’s stock after buying an additional 3,087 shares during the quarter. Sequoia Financial Advisors LLC owned approximately 0.05% of BWX Technologies worth $6,686,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BWXT. Valeo Financial Advisors LLC lifted its stake in BWX Technologies by 33,572.0% in the second quarter. Valeo Financial Advisors LLC now owns 1,517,599 shares of the technology company’s stock valued at $2,228,000 after buying an additional 1,513,092 shares during the last quarter. T. Rowe Price Investment Management Inc. lifted its stake in BWX Technologies by 19.7% in the first quarter. T. Rowe Price Investment Management Inc. now owns 4,503,679 shares of the technology company’s stock valued at $444,288,000 after buying an additional 741,282 shares during the last quarter. Westwood Holdings Group Inc. lifted its stake in BWX Technologies by 279.0% in the first quarter. Westwood Holdings Group Inc. now owns 958,563 shares of the technology company’s stock valued at $94,562,000 after buying an additional 705,648 shares during the last quarter. Blair William & Co. IL grew its stake in shares of BWX Technologies by 84.3% in the 1st quarter. Blair William & Co. IL now owns 782,991 shares of the technology company’s stock valued at $77,242,000 after purchasing an additional 358,170 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. grew its stake in shares of BWX Technologies by 6,116.6% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 323,326 shares of the technology company’s stock valued at $31,896,000 after purchasing an additional 318,125 shares during the last quarter. Hedge funds and other institutional investors own 94.39% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on BWXT shares. Maxim Group reiterated a “hold” rating on shares of BWX Technologies in a research note on Wednesday, August 6th. Weiss Ratings downgraded BWX Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, October 8th. Bank of America lifted their target price on BWX Technologies from $155.00 to $220.00 and gave the company a “buy” rating in a research note on Wednesday, August 13th. Deutsche Bank Aktiengesellschaft set a $180.00 target price on BWX Technologies and gave the company a “hold” rating in a research note on Wednesday, October 8th. Finally, Northland Capmk upgraded BWX Technologies to a “strong-buy” rating in a research note on Tuesday, September 9th. Three analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, BWX Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $164.58.

Insider Transactions at BWX Technologies

In related news, CEO Rex D. Geveden sold 25,000 shares of BWX Technologies stock in a transaction 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 completion of the transaction, the chief executive officer directly owned 197,594 shares of the company’s stock, valued at approximately $35,369,326. The trade was a 11.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, SVP Ronald Owen Whitford, Jr. sold 2,092 shares of BWX Technologies stock in a transaction on Monday, August 11th. The stock was sold at an average price of $177.43, for a total value of $371,183.56. Following the transaction, the senior vice president directly owned 10,149 shares of the company’s stock, valued at approximately $1,800,737.07. This represents a 17.09% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 29,953 shares of company stock valued at $5,359,758. Company insiders own 0.47% of the company’s stock.

BWX Technologies Stock Up 4.1%

BWXT opened at $197.87 on Tuesday. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.69 and a quick ratio of 1.60. The business has a 50 day simple moving average of $174.83 and a 200-day simple moving average of $141.54. The stock has a market capitalization of $18.09 billion, a P/E ratio of 61.83, a P/E/G ratio of 3.78 and a beta of 0.78. BWX Technologies, Inc. has a 12 month low of $84.21 and a 12 month high of $199.78.

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

BWX Technologies Announces Dividend

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

BWX Technologies Profile

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.