BWX Technologies (NYSE:BWXT) Hits New 52-Week Low – Time to Sell?

BWX Technologies, Inc. (NYSE:BWXT)’s stock price reached a new 52-week low on Monday . The company traded as low as $146.40 and last traded at $145.7910, with a volume of 8134 shares traded. The stock had previously closed at $150.12.

Analyst Upgrades and Downgrades

A number of research firms have commented on BWXT. JPMorgan Chase & Co. started coverage on BWX Technologies in a research report on Monday, July 27th. They set an “overweight” rating and a $230.00 target price on the stock. Wall Street Zen lowered shares of BWX Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Truist Financial lowered their price objective on shares of BWX Technologies from $212.00 to $202.00 and set a “hold” rating on the stock in a research note on Friday, August 14th. Weiss Ratings downgraded shares of BWX Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, August 26th. Finally, Jefferies Financial Group assumed coverage on shares of BWX Technologies in a research report on Thursday, September 3rd. They set a “buy” rating and a $181.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $220.27.

BWX Technologies Stock Down 3.2%

The company has a debt-to-equity ratio of 1.51, a current ratio of 2.40 and a quick ratio of 2.33. The firm has a 50-day simple moving average of $167.43 and a two-hundred day simple moving average of $192.58. The company has a market cap of $13.32 billion, a PE ratio of 37.82, a P/E/G ratio of 2.35 and a beta of 0.75.

BWX Technologies (NYSE:BWXT) last issued its quarterly earnings data on Monday, August 3rd. The technology company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.04 by $0.03. The business had revenue of $901.62 million for the quarter, compared to the consensus estimate of $902.41 million. BWX Technologies had a return on equity of 30.83% and a net margin of 10.11%.The business’s revenue was up 18.0% on a year-over-year basis. During the same period in the prior year, the business earned $1.02 earnings per share. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. Research analysts anticipate that BWX Technologies, Inc. will post 4.75 earnings per share for the current fiscal year.

BWX Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, August 18th were issued a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Tuesday, August 18th. BWX Technologies’s dividend payout ratio is 27.98%.

Insider Activity

In other BWX Technologies news, CEO Rex D. Geveden sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $172.50, for a total transaction of $1,725,000.00. Following the sale, the chief executive officer directly owned 192,491 shares of the company’s stock, valued at $33,204,697.50. This trade represents a 4.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On BWX Technologies

Institutional investors and hedge funds have recently modified their holdings of the company. California State Teachers Retirement System boosted its position in BWX Technologies by 19,438.2% during the second quarter. California State Teachers Retirement System now owns 20,717,573 shares of the technology company’s stock worth $4,032,676,000 after acquiring an additional 20,611,537 shares during the last quarter. BlackRock Inc. purchased a new position in shares of BWX Technologies during the 2nd quarter worth $2,359,895,000. Bank of New York Mellon Corp purchased a new position in shares of BWX Technologies during the 2nd quarter worth $222,587,000. Bank of America Corp DE purchased a new position in shares of BWX Technologies during the 2nd quarter worth $202,020,000. Finally, Invesco Ltd. boosted its holdings in shares of BWX Technologies by 60.1% during the third quarter. Invesco Ltd. now owns 2,549,150 shares of the technology company’s stock worth $469,987,000 after purchasing an additional 956,770 shares during the last quarter. 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 technology and manufacturing company that specializes in nuclear components, systems and services. The company primarily serves government and commercial customers in the nuclear energy, national security and medical markets.

BWXT is a major supplier to the U.S. government and supports the U.S. Navy’s nuclear propulsion program by designing and manufacturing nuclear reactors and related components for naval vessels. Its offerings also include nuclear fuel, reactor components, engineering and maintenance services, and technologies intended for advanced and small modular reactors.

Through its commercial and medical businesses, BWXT provides nuclear equipment and services for civilian power generation, produces medical radioisotopes and related technologies, and supports research and other specialized applications.