BWX Technologies (NYSE:BWXT) Upgraded at Guggenheim

Guggenheim upgraded shares of BWX Technologies (NYSE:BWXT) to a strong-buy rating in a research report released on Monday morning,Zacks reports.

Several other equities analysts also recently issued reports on BWXT. Seaport Research Partners upgraded BWX Technologies from a “neutral” rating to a “buy” rating and set a $245.00 price objective for the company in a research report on Monday, June 22nd. BTIG Research reaffirmed a “buy” rating and set a $235.00 target price on shares of BWX Technologies in a research note on Tuesday, August 4th. Jefferies Financial Group began coverage on BWX Technologies in a research report on Thursday, September 3rd. They set a “buy” rating and a $181.00 price target for the company. Wall Street Zen cut BWX Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Finally, Weiss Ratings lowered BWX Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, August 26th. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $217.92.

BWX Technologies Trading Down 0.9%

Shares of NYSE:BWXT opened at $145.33 on Monday. The company has a quick ratio of 2.33, a current ratio of 2.40 and a debt-to-equity ratio of 1.51. The company’s 50-day moving average price is $164.90 and its 200 day moving average price is $191.32. The company has a market cap of $13.32 billion, a PE ratio of 37.65, a P/E/G ratio of 2.30 and a beta of 0.75. BWX Technologies has a fifty-two week low of $144.33 and a fifty-two week high of $241.82.

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

BWX Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, August 18th were paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Tuesday, August 18th. BWX Technologies’s dividend payout ratio (DPR) is currently 27.98%.

Insider Buying and Selling

In related news, CEO Rex D. Geveden sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $172.50, for a total transaction of $1,725,000.00. Following the sale, the chief executive officer owned 192,491 shares of the company’s stock, valued at $33,204,697.50. The trade was a 4.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is currently owned by insiders.

Hedge Funds Weigh In On BWX Technologies

Several hedge funds have recently modified their holdings of BWXT. M.D. Sass LLC acquired a new stake in shares of BWX Technologies during the 2nd quarter valued at about $2,619,000. Ranger Investment Management L.P. acquired a new position in BWX Technologies in the first quarter worth approximately $11,991,000. Intech Investment Management LLC raised its position in BWX Technologies by 22.7% during the fourth quarter. Intech Investment Management LLC now owns 32,668 shares of the technology company’s stock valued at $5,646,000 after acquiring an additional 6,053 shares in the last quarter. Silvant Capital Management LLC bought a new position in BWX Technologies during the second quarter valued at approximately $6,574,000. Finally, Insight Wealth Strategies LLC acquired a new stake in BWX Technologies in the second quarter valued at approximately $5,949,000. 94.39% of the stock is currently owned by institutional investors and hedge funds.

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.