Los Angeles Capital Management LLC Sells 27,316 Shares of BWX Technologies, Inc. $BWXT

Los Angeles Capital Management LLC trimmed its holdings in shares of BWX Technologies, Inc. (NYSE:BWXT) by 29.2% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 66,257 shares of the technology company’s stock after selling 27,316 shares during the quarter. Los Angeles Capital Management LLC’s holdings in BWX Technologies were worth $11,452,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. bought a new stake in BWX Technologies during the fourth quarter valued at approximately $9,754,000. Massachusetts Financial Services Co. MA grew its position in BWX Technologies by 18.7% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,375,740 shares of the technology company’s stock valued at $237,783,000 after buying an additional 216,707 shares during the period. MGO One Seven LLC grew its position in BWX Technologies by 354.7% during the fourth quarter. MGO One Seven LLC now owns 17,695 shares of the technology company’s stock valued at $3,058,000 after buying an additional 13,803 shares during the period. Granahan Investment Management LLC bought a new stake in BWX Technologies during the third quarter valued at approximately $1,941,000. Finally, JPMorgan Chase & Co. grew its position in BWX Technologies by 32.9% during the third quarter. JPMorgan Chase & Co. now owns 339,939 shares of the technology company’s stock valued at $62,675,000 after buying an additional 84,085 shares during the period. 94.39% of the stock is currently owned by institutional investors.

Insider Buying and Selling at BWX Technologies

In other news, CFO Michael Thomas Fitzgerald sold 2,417 shares of the stock in a transaction on Monday, May 11th. The shares were sold at an average price of $209.25, for a total value of $505,757.25. Following the sale, the chief financial officer owned 6,884 shares of the company’s stock, valued at approximately $1,440,477. This represents a 25.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Rex D. Geveden sold 10,000 shares of the stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $204.81, for a total transaction of $2,048,100.00. Following the completion of the sale, the chief executive officer directly owned 202,491 shares in the company, valued at approximately $41,472,181.71. This represents a 4.71% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.60% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. Weiss Ratings restated a “buy (b-)” rating on shares of BWX Technologies in a research report on Friday, May 22nd. Bank of America boosted their target price on shares of BWX Technologies from $230.00 to $250.00 and gave the company a “buy” rating in a research report on Wednesday, March 25th. Deutsche Bank Aktiengesellschaft raised shares of BWX Technologies from a “hold” rating to a “buy” rating and lifted their price target for the company from $205.00 to $255.00 in a report on Friday, May 15th. Wells Fargo & Company began coverage on shares of BWX Technologies in a report on Wednesday, April 1st. They set an “underweight” rating and a $200.00 price target on the stock. Finally, Zacks Research downgraded shares of BWX Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $228.00.

BWX Technologies Price Performance

BWX Technologies stock opened at $187.44 on Tuesday. BWX Technologies, Inc. has a 52-week low of $128.96 and a 52-week high of $241.82. The company has a market cap of $17.17 billion, a price-to-earnings ratio of 50.12, a PEG ratio of 3.06 and a beta of 0.73. The company has a quick ratio of 2.33, a current ratio of 2.40 and a debt-to-equity ratio of 1.58. The firm’s fifty day moving average is $210.54 and its 200 day moving average is $199.78.

BWX Technologies (NYSE:BWXT) last announced its earnings results on Monday, May 4th. The technology company reported $1.12 earnings per share for the quarter, beating the consensus estimate of $0.92 by $0.20. BWX Technologies had a net margin of 10.20% and a return on equity of 31.33%. The business had revenue of $860.22 million for the quarter, compared to the consensus estimate of $837.47 million. During the same quarter in the prior year, the firm posted $0.91 earnings per share. The business’s revenue for the quarter was up 26.1% on a year-over-year basis. BWX Technologies has set its FY 2026 guidance at 4.600-4.750 EPS. Sell-side analysts forecast that BWX Technologies, Inc. will post 4.71 EPS for the current fiscal year.

BWX Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Tuesday, May 19th were paid a $0.27 dividend. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $1.08 annualized dividend and a dividend yield of 0.6%. BWX Technologies’s dividend payout ratio is currently 28.88%.

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.