BWX Technologies, Inc. $BWXT Shares Acquired by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC boosted its position in shares of BWX Technologies, Inc. (NYSE:BWXT) by 6.0% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 49,208 shares of the technology company’s stock after buying an additional 2,799 shares during the period. Sequoia Financial Advisors LLC’s holdings in BWX Technologies were worth $9,072,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Goldman Sachs Group Inc. boosted its position in shares of 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 BWX Technologies during the first quarter valued at approximately $304,000. UMB Bank n.a. lifted its stake in BWX Technologies by 12.7% during the second quarter. UMB Bank n.a. now owns 1,031 shares of the technology company’s stock valued at $149,000 after purchasing an additional 116 shares during the last quarter. Kieckhefer Group LLC bought a new stake in BWX Technologies during the second quarter worth approximately $5,147,000. Finally, U.S. Capital Wealth Advisors LLC acquired a new position in BWX Technologies in the second quarter worth approximately $749,000. 94.39% of the stock is currently owned by institutional investors.

BWX Technologies Stock Performance

Shares of BWX Technologies stock opened at $217.85 on Monday. BWX Technologies, Inc. has a 12 month low of $84.21 and a 12 month high of $220.57. The company has a quick ratio of 1.62, a current ratio of 1.71 and a debt-to-equity ratio of 1.21. The stock has a market cap of $19.92 billion, a PE ratio of 65.42, a price-to-earnings-growth ratio of 3.50 and a beta of 0.86. The business has a fifty day simple moving average of $182.74 and a 200-day simple moving average of $176.55.

BWX Technologies (NYSE:BWXT) last announced its quarterly earnings data on Monday, November 3rd. The technology company reported $1.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.15. BWX Technologies had a return on equity of 30.70% and a net margin of 10.04%.The firm had revenue of $866.29 million during the quarter, compared to the consensus estimate of $795.48 million. During the same period in the prior year, the business earned $0.83 EPS. The business’s revenue for the quarter was up 28.9% on a year-over-year basis. BWX Technologies has set its FY 2025 guidance at 3.750-3.800 EPS. On average, sell-side analysts anticipate that BWX Technologies, Inc. will post 3.23 EPS for the current fiscal year.

BWX Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Wednesday, November 19th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Wednesday, November 19th. BWX Technologies’s dividend payout ratio (DPR) is currently 30.03%.

Insider Activity at BWX Technologies

In related news, CEO Rex D. Geveden sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $197.90, for a total transaction of $1,979,000.00. Following the transaction, the chief executive officer directly owned 187,594 shares of the company’s stock, valued at approximately $37,124,852.60. The trade was a 5.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.47% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on BWXT. Wedbush reiterated an “outperform” rating on shares of BWX Technologies in a research report on Wednesday, October 1st. Wall Street Zen raised BWX Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Zacks Research downgraded BWX Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, November 24th. Truist Financial set a $205.00 price target on BWX Technologies in a research note on Friday, January 9th. Finally, CJS Securities upgraded BWX Technologies to a “strong-buy” rating in a report on Friday, December 12th. Three analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, BWX Technologies has an average rating of “Moderate Buy” and a consensus price target of $200.96.

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.