BWX Technologies, Inc. $BWXT Shares Acquired by Mawer Investment Management Ltd.

Mawer Investment Management Ltd. boosted its holdings in BWX Technologies, Inc. (NYSE:BWXT) by 15.6% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 900,449 shares of the technology company’s stock after purchasing an additional 121,498 shares during the quarter. Mawer Investment Management Ltd.’s holdings in BWX Technologies were worth $129,719,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. ARK Investment Management LLC boosted its holdings in shares of BWX Technologies by 426.5% in the second quarter. ARK Investment Management LLC now owns 641,049 shares of the technology company’s stock valued at $92,350,000 after acquiring an additional 519,285 shares during the period. Sequoia Financial Advisors LLC increased its holdings in shares of BWX Technologies by 7.1% in the second quarter. Sequoia Financial Advisors LLC now owns 46,409 shares of the technology company’s stock valued at $6,686,000 after purchasing an additional 3,087 shares during the period. PNC Financial Services Group Inc. raised its stake in shares of BWX Technologies by 52.6% during the first quarter. PNC Financial Services Group Inc. now owns 11,460 shares of the technology company’s stock worth $1,131,000 after purchasing an additional 3,950 shares during the last quarter. HB Wealth Management LLC acquired a new stake in shares of BWX Technologies during the first quarter worth $353,000. Finally, Curi RMB Capital LLC grew its position in BWX Technologies by 3.5% in the 1st quarter. Curi RMB Capital LLC now owns 70,384 shares of the technology company’s stock valued at $6,943,000 after buying an additional 2,379 shares during the last quarter. Institutional investors and hedge funds own 94.39% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on BWXT shares. Deutsche Bank Aktiengesellschaft set a $180.00 target price on shares of BWX Technologies and gave the stock a “hold” rating in a research note on Wednesday, October 8th. William Blair restated an “outperform” rating on shares of BWX Technologies in a research report on Wednesday, September 17th. Weiss Ratings upgraded BWX Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday. Bank of America increased their target price on BWX Technologies from $155.00 to $220.00 and gave the stock a “buy” rating in a research note on Wednesday, August 13th. Finally, Wedbush restated an “outperform” rating on shares of BWX Technologies in a research note on Wednesday, October 1st. Three equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $179.62.

BWX Technologies Trading Up 2.8%

Shares of BWXT opened at $198.91 on Tuesday. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.69 and a quick ratio of 1.60. BWX Technologies, Inc. has a 1-year low of $84.21 and a 1-year high of $218.50. The stock has a market cap of $18.19 billion, a price-to-earnings ratio of 62.16, a price-to-earnings-growth ratio of 4.24 and a beta of 0.78. The firm has a 50 day simple moving average of $188.11 and a 200-day simple moving average of $156.41.

BWX Technologies (NYSE:BWXT) last announced its earnings results on Monday, November 3rd. The technology company reported $1.00 EPS for the quarter, beating analysts’ consensus estimates 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 return on equity of 30.61% and a net margin of 10.28%.BWX Technologies’s quarterly revenue was up 28.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.83 EPS. BWX Technologies has set its FY 2025 guidance at 3.750-3.800 EPS. Equities analysts forecast that BWX Technologies, Inc. will post 3.23 EPS for the current fiscal year.

BWX Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Wednesday, November 19th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Wednesday, November 19th. This represents a $1.00 annualized dividend and a yield of 0.5%. BWX Technologies’s payout ratio is presently 30.03%.

BWX Technologies Company Profile

BWX Technologies, Inc, together with its subsidiaries, manufactures and sells nuclear components in the United States, Canada, and internationally. It operates through two segments, Government Operations and Commercial Operations. The Government Operations segment designs and manufactures naval nuclear components, reactors, and nuclear fuel; fabrication activities; and supplies proprietary and sole-source valves, manifolds, and fittings to naval and commercial shipping customers.