BWX Technologies, Inc. $BWXT Stock Holdings Lowered by ZWJ Investment Counsel Inc.

ZWJ Investment Counsel Inc. lowered its holdings in BWX Technologies, Inc. (NYSE:BWXT) by 17.4% during the third quarter, Holdings Channel reports. The fund owned 420,077 shares of the technology company’s stock after selling 88,745 shares during the quarter. BWX Technologies makes up 2.7% of ZWJ Investment Counsel Inc.’s holdings, making the stock its 8th largest holding. ZWJ Investment Counsel Inc.’s holdings in BWX Technologies were worth $77,450,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Creative Financial Designs Inc. ADV grew its position in BWX Technologies by 250.0% during the 2nd quarter. Creative Financial Designs Inc. ADV now owns 175 shares of the technology company’s stock worth $25,000 after purchasing an additional 125 shares during the period. WFA of San Diego LLC acquired a new position in shares of BWX Technologies in the 2nd quarter valued at about $29,000. Hantz Financial Services Inc. boosted its stake in shares of BWX Technologies by 861.9% in the second quarter. Hantz Financial Services Inc. now owns 202 shares of the technology company’s stock worth $29,000 after buying an additional 181 shares during the last quarter. Compass Financial Services Inc acquired a new stake in BWX Technologies during the first quarter worth about $33,000. Finally, Parkside Financial Bank & Trust raised its position in BWX Technologies by 60.5% during the second quarter. Parkside Financial Bank & Trust now owns 390 shares of the technology company’s stock valued at $56,000 after acquiring an additional 147 shares in the last quarter. 94.39% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO Rex D. Geveden sold 10,000 shares of BWX Technologies stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $197.90, for a total transaction of $1,979,000.00. Following the sale, the chief executive officer owned 187,594 shares of the company’s stock, valued at approximately $37,124,852.60. The trade was a 5.06% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.47% of the stock is owned by corporate insiders.

BWX Technologies Stock Performance

NYSE:BWXT opened at $178.15 on Thursday. The company has a market cap of $16.29 billion, a P/E ratio of 53.50, a P/E/G ratio of 3.48 and a beta of 0.85. BWX Technologies, Inc. has a twelve month low of $84.21 and a twelve month high of $218.50. The company’s 50-day moving average price is $187.13 and its 200-day moving average price is $170.15. The company has a current ratio of 1.71, a quick ratio of 1.62 and a debt-to-equity ratio of 1.21.

BWX Technologies (NYSE:BWXT) last issued its earnings results on Monday, November 3rd. The technology company reported $1.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.15. BWX Technologies had a return on equity of 30.70% and a net margin of 10.04%.The company had revenue of $866.29 million during the quarter, compared to analysts’ expectations of $795.48 million. During the same period in the prior year, the business earned $0.83 EPS. The firm’s quarterly revenue was up 28.9% on a year-over-year basis. BWX Technologies has set its FY 2025 guidance at 3.750-3.800 EPS. On average, sell-side analysts forecast that BWX Technologies, Inc. will post 3.23 earnings per share for the current fiscal year.

BWX Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Wednesday, November 19th were paid a $0.25 dividend. The ex-dividend date of this dividend was Wednesday, November 19th. This represents a $1.00 annualized dividend and a dividend yield of 0.6%. BWX Technologies’s dividend payout ratio is 30.03%.

Analyst Upgrades and Downgrades

BWXT has been the topic of several recent research reports. Northland Capmk upgraded BWX Technologies to a “strong-buy” rating in a research report on Tuesday, September 9th. BTIG Research raised their price target on shares of BWX Technologies from $200.00 to $225.00 and gave the company a “buy” rating in a research report on Friday, November 7th. Wedbush reaffirmed an “outperform” rating on shares of BWX Technologies in a report on Wednesday, October 1st. Weiss Ratings downgraded shares of BWX Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday. Finally, Zacks Research cut BWX Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 24th. Three research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $196.23.

BWX Technologies Company 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.