Eos Management L.P. increased its stake in BWX Technologies, Inc. (NYSE:BWXT – Free Report) by 27.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,894 shares of the technology company’s stock after acquiring an additional 5,644 shares during the period. BWX Technologies makes up approximately 1.9% of Eos Management L.P.’s investment portfolio, making the stock its 14th biggest position. Eos Management L.P.’s holdings in BWX Technologies were worth $4,774,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. boosted its stake in BWX Technologies by 0.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 141,680 shares of the technology company’s stock valued at $13,977,000 after purchasing an additional 371 shares in the last quarter. Caxton Associates LLP acquired a new stake in shares of BWX Technologies in the first quarter valued at $304,000. Naples Global Advisors LLC boosted its stake in BWX Technologies by 1.4% during the second quarter. Naples Global Advisors LLC now owns 37,310 shares of the technology company’s stock valued at $5,375,000 after buying an additional 525 shares in the last quarter. Abacus Planning Group Inc. acquired a new position in BWX Technologies during the second quarter worth about $241,000. Finally, Synergy Asset Management LLC grew its holdings in BWX Technologies by 30.1% during the second quarter. Synergy Asset Management LLC now owns 3,903 shares of the technology company’s stock worth $562,000 after acquiring an additional 903 shares during the period. Institutional investors own 94.39% of the company’s stock.
Insider Buying and Selling
In other BWX Technologies news, CEO Rex D. Geveden sold 10,000 shares of BWX Technologies stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $197.90, for a total transaction of $1,979,000.00. Following the transaction, the chief executive officer owned 187,594 shares of the company’s stock, valued at $37,124,852.60. The trade was a 5.06% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.47% of the company’s stock.
BWX Technologies Stock Up 1.8%
BWX Technologies (NYSE:BWXT – Get Free Report) last posted its quarterly earnings data on Monday, November 3rd. The technology company reported $1.00 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.15. The firm had revenue of $866.29 million for the quarter, compared to analysts’ expectations of $795.48 million. BWX Technologies had a net margin of 10.04% and a return on equity of 30.70%. The company’s quarterly revenue was up 28.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.83 EPS. BWX Technologies has set its FY 2025 guidance at 3.750-3.800 EPS. As a group, research analysts expect that BWX Technologies, Inc. will post 3.23 earnings per share for the current year.
Wall Street Analysts Forecast Growth
BWXT has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft set a $180.00 price target on shares of BWX Technologies and gave the company a “hold” rating in a report on Wednesday, October 8th. Weiss Ratings lowered shares of BWX Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday. Exane BNP Paribas upgraded shares of BWX Technologies to a “hold” rating in a research report on Thursday, January 15th. Zacks Research raised BWX Technologies from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 21st. Finally, Northland Securities set a $225.00 price objective on BWX Technologies in a research report on Tuesday, November 4th. Three analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $199.20.
View Our Latest Stock Analysis on BWXT
About BWX Technologies
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.
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