Janney Montgomery Scott LLC Has $3.57 Million Position in BWX Technologies, Inc. $BWXT

Janney Montgomery Scott LLC lessened its stake in BWX Technologies, Inc. (NYSE:BWXTFree Report) by 16.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,461 shares of the technology company’s stock after selling 3,555 shares during the period. Janney Montgomery Scott LLC’s holdings in BWX Technologies were worth $3,571,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Aventura Private Wealth LLC bought a new stake in shares of BWX Technologies during the fourth quarter worth $29,000. WFA of San Diego LLC bought a new position in BWX Technologies in the second quarter valued at about $29,000. Strategic Advocates LLC acquired a new stake in BWX Technologies in the third quarter worth about $32,000. MV Capital Management Inc. bought a new stake in BWX Technologies during the 4th quarter worth about $32,000. Finally, Tucker Asset Management LLC acquired a new position in BWX Technologies during the 4th quarter valued at about $36,000. 94.39% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Truist Financial lifted their price target on shares of BWX Technologies from $205.00 to $212.00 and gave the stock a “hold” rating in a research report on Monday, May 11th. Wall Street Zen raised BWX Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of BWX Technologies in a research note on Friday, May 22nd. TD Securities assumed coverage on BWX Technologies in a research note on Thursday, March 12th. They issued a “buy” rating and a $230.00 target price on the stock. Finally, Seaport Research Partners upgraded BWX Technologies from a “neutral” rating to a “buy” rating and set a $245.00 target price on the stock in a report on Monday, June 22nd. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, BWX Technologies has an average rating of “Moderate Buy” and a consensus target price of $228.00.

Read Our Latest Analysis on BWXT

Insider Activity at BWX Technologies

In related news, CFO Michael Thomas Fitzgerald sold 2,417 shares of the stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $209.25, for a total transaction of $505,757.25. Following the completion of the sale, the chief financial officer directly owned 6,884 shares of the company’s stock, valued at approximately $1,440,477. This represents a 25.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Rex D. Geveden sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $204.81, for a total transaction of $2,048,100.00. Following the sale, the chief executive officer owned 202,491 shares in the company, valued at $41,472,181.71. This trade represents a 4.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is currently owned by insiders.

BWX Technologies Trading Down 5.0%

Shares of BWXT traded down $9.85 during trading hours on Tuesday, reaching $187.04. The stock had a trading volume of 40,828 shares, compared to its average volume of 1,024,995. The company has a market cap of $17.13 billion, a P/E ratio of 50.18, a P/E/G ratio of 3.22 and a beta of 0.74. BWX Technologies, Inc. has a 52 week low of $133.84 and a 52 week high of $241.82. 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 has a 50-day moving average of $200.87 and a 200 day moving average of $202.69.

BWX Technologies (NYSE:BWXTGet Free Report) last posted its earnings results on Monday, May 4th. The technology company reported $1.12 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.20. BWX Technologies had a return on equity of 31.33% and a net margin of 10.20%.The firm had revenue of $860.22 million for the quarter, compared to analyst estimates of $837.47 million. During the same period in the previous year, the company posted $0.91 earnings per share. The company’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. On average, sell-side analysts expect that BWX Technologies, Inc. will post 4.6 earnings per share for the current fiscal year.

BWX Technologies Announces Dividend

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

BWX Technologies Company Profile

(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.

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

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