BWX Technologies, Inc. (NYSE:BWXT) Sees Significant Growth in Short Interest

BWX Technologies, Inc. (NYSE:BWXT) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 2,747,394 shares, an increase of 19.6% from the December 15th total of 2,297,963 shares. Currently, 3.0% of the shares of the company are short sold. Based on an average trading volume of 749,754 shares, the days-to-cover ratio is currently 3.7 days. Based on an average trading volume of 749,754 shares, the days-to-cover ratio is currently 3.7 days. Currently, 3.0% of the shares of the company are short sold.

BWX Technologies Price Performance

NYSE BWXT traded up $4.60 during trading hours on Monday, reaching $217.85. 1,824,387 shares of the stock traded hands, compared to its average volume of 866,210. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.71 and a quick ratio of 1.62. The stock has a 50 day simple moving average of $183.11 and a two-hundred day simple moving average of $177.05. BWX Technologies has a 1 year low of $84.21 and a 1 year high of $220.57. The company has a market cap of $19.92 billion, a price-to-earnings ratio of 65.42, a price-to-earnings-growth ratio of 3.50 and a beta of 0.86.

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

BWX Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Wednesday, November 19th were paid a $0.25 dividend. The ex-dividend date of this dividend was Wednesday, November 19th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. BWX Technologies’s dividend payout ratio is 30.03%.

Analyst Upgrades and Downgrades

BWXT has been the subject of several analyst reports. Truist Financial set a $205.00 price target on shares of BWX Technologies in a report on Friday, January 9th. BNP Paribas started coverage on BWX Technologies in a research report on Thursday. They issued a “neutral” rating and a $215.00 price objective on the stock. Weiss Ratings upgraded BWX Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, January 12th. BNP Paribas Exane began coverage on BWX Technologies in a research note on Thursday. They issued a “neutral” rating and a $215.00 target price on the stock. Finally, Wedbush reaffirmed an “outperform” rating on shares of BWX Technologies in a report on Wednesday, October 1st. Three analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, BWX Technologies currently has an average rating of “Moderate Buy” and an average target price of $200.96.

Insiders Place Their Bets

In other news, CEO Rex D. Geveden sold 10,000 shares of the company’s stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $197.90, for a total transaction of $1,979,000.00. Following the transaction, the chief executive officer owned 187,594 shares of the company’s stock, valued at $37,124,852.60. This represents a 5.06% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.47% of the stock is currently owned by insiders.

Hedge Funds Weigh In On BWX Technologies

A number of large investors have recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. grew its stake in shares of BWX Technologies by 0.3% during the first quarter. Goldman Sachs Group Inc. now owns 141,680 shares of the technology company’s stock valued at $13,977,000 after buying an additional 371 shares during the last quarter. Caxton Associates LLP purchased a new stake in BWX Technologies during the 1st quarter valued at about $304,000. UMB Bank n.a. boosted its holdings in BWX Technologies by 12.7% during the 2nd quarter. UMB Bank n.a. now owns 1,031 shares of the technology company’s stock valued at $149,000 after acquiring an additional 116 shares during the period. Kieckhefer Group LLC bought a new position in BWX Technologies during the 2nd quarter worth approximately $5,147,000. Finally, U.S. Capital Wealth Advisors LLC purchased a new position in BWX Technologies in the 2nd quarter worth approximately $749,000. Hedge funds and other institutional investors own 94.39% of the company’s stock.

BWX Technologies Company 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.