West Michigan Advisors LLC Acquires New Position in BWX Technologies, Inc. $BWXT

West Michigan Advisors LLC acquired a new stake in shares of BWX Technologies, Inc. (NYSE:BWXTFree Report) in the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 10,859 shares of the technology company’s stock, valued at approximately $1,877,000.

Other large investors also recently bought and sold shares of the company. Aventura Private Wealth LLC purchased a new stake in BWX Technologies during the 4th quarter valued at about $29,000. Strategic Advocates LLC purchased a new stake in shares of BWX Technologies in the 3rd quarter valued at approximately $32,000. Global Trust Asset Management LLC purchased a new stake in shares of BWX Technologies in the 3rd quarter valued at approximately $32,000. WFA of San Diego LLC purchased a new stake in shares of BWX Technologies in the 2nd quarter valued at approximately $29,000. Finally, Strategic Investment Solutions Inc. IL grew its stake in shares of BWX Technologies by 300.0% in the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 200 shares of the technology company’s stock valued at $37,000 after buying an additional 150 shares during the period. Hedge funds and other institutional investors own 94.39% of the company’s stock.

BWX Technologies Stock Performance

Shares of BWXT stock opened at $218.82 on Thursday. The firm’s 50 day moving average price is $210.39 and its 200-day moving average price is $198.53. The company has a debt-to-equity ratio of 1.64, a quick ratio of 2.25 and a current ratio of 2.32. BWX Technologies, Inc. has a one year low of $102.42 and a one year high of $241.82. The firm has a market cap of $20.05 billion, a P/E ratio of 61.29, a P/E/G ratio of 3.74 and a beta of 0.80.

BWX Technologies (NYSE:BWXTGet Free Report) last issued its quarterly earnings data on Monday, February 23rd. The technology company reported $1.08 EPS for the quarter, topping the consensus estimate of $0.91 by $0.17. BWX Technologies had a net margin of 10.28% and a return on equity of 30.94%. The firm had revenue of $885.84 million for the quarter, compared to analyst estimates of $837.47 million. During the same period in the prior year, the business posted $0.92 EPS. The business’s revenue for the quarter was up 18.7% compared to the same quarter last year. BWX Technologies has set its FY 2026 guidance at 4.550-4.700 EPS. As a group, equities research analysts predict that BWX Technologies, Inc. will post 4.6 EPS for the current year.

BWX Technologies Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Wednesday, March 11th were issued a $0.27 dividend. The ex-dividend date was Wednesday, March 11th. This represents a $1.08 annualized dividend and a dividend yield of 0.5%. This is an increase from BWX Technologies’s previous quarterly dividend of $0.25. BWX Technologies’s dividend payout ratio (DPR) is currently 30.25%.

Insider Transactions at BWX Technologies

In other news, CAO Kevin James Gorman sold 1,344 shares of the company’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $214.71, for a total value of $288,570.24. Following the transaction, the chief accounting officer directly owned 114 shares in the company, valued at approximately $24,476.94. This represents a 92.18% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Gerhard F. Burbach sold 1,983 shares of the company’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $208.61, for a total transaction of $413,673.63. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 13,327 shares of company stock worth $2,734,844. 0.60% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Weiss Ratings raised shares of BWX Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 25th. Zacks Research raised shares of BWX Technologies from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 21st. TD Securities assumed coverage on shares of BWX Technologies in a research note on Thursday, March 12th. They issued a “buy” rating and a $230.00 price target for the company. Bank of America increased their price target on shares of BWX Technologies from $230.00 to $250.00 and gave the company a “buy” rating in a research note on Wednesday, March 25th. Finally, BTIG Research increased their price target on shares of BWX Technologies from $225.00 to $235.00 and gave the company a “buy” rating in a research note on Thursday, February 26th. Three investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, BWX Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $207.60.

Check Out Our Latest Analysis on BWXT

About BWX Technologies

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for BWX Technologies (NYSE:BWXT)

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