Chase Investment Counsel Corp Purchases New Shares in BWX Technologies, Inc. $BWXT

Chase Investment Counsel Corp purchased a new position in shares of BWX Technologies, Inc. (NYSE:BWXT) during the 1st quarter, HoldingsChannel reports. The institutional investor purchased 6,029 shares of the technology company’s stock, valued at approximately $1,232,000.

Other institutional investors have also added to or reduced their stakes in the company. Aventura Private Wealth LLC purchased a new stake in BWX Technologies in the 4th quarter valued at about $29,000. MV Capital Management Inc. bought a new position in shares of BWX Technologies during the 4th quarter worth approximately $32,000. WFA of San Diego LLC purchased a new position in shares of BWX Technologies in the 2nd quarter worth approximately $29,000. Tucker Asset Management LLC purchased a new position in shares of BWX Technologies in the 4th quarter worth approximately $36,000. Finally, ORG Partners LLC grew its holdings in shares of BWX Technologies by 143.2% in the fourth quarter. ORG Partners LLC now owns 231 shares of the technology company’s stock valued at $40,000 after acquiring an additional 136 shares in the last quarter. 94.39% of the stock is owned by institutional investors.

BWX Technologies Stock Up 2.1%

BWX Technologies stock opened at $173.16 on Wednesday. BWX Technologies, Inc. has a twelve month low of $136.18 and a twelve month high of $241.82. The firm has a 50 day moving average price of $193.36 and a 200-day moving average price of $202.97. The company has a market capitalization of $15.86 billion, a P/E ratio of 46.30, a P/E/G ratio of 2.89 and a beta of 0.74. The company has a quick ratio of 2.33, a current ratio of 2.40 and a debt-to-equity ratio of 1.58.

BWX Technologies (NYSE:BWXT) last issued its quarterly earnings results on Monday, May 4th. The technology company reported $1.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.92 by $0.20. The company had revenue of $860.22 million during the quarter, compared to analyst estimates of $837.47 million. BWX Technologies had a net margin of 10.20% and a return on equity of 31.33%. BWX Technologies’s quarterly revenue was up 26.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.91 EPS. BWX Technologies has set its FY 2026 guidance at 4.600-4.750 EPS. As a group, equities analysts predict that BWX Technologies, Inc. will post 4.6 EPS for the current year.

BWX Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Tuesday, May 19th were given a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Tuesday, May 19th. BWX Technologies’s dividend payout ratio (DPR) is currently 28.88%.

Analysts Set New Price Targets

A number of brokerages recently commented on BWXT. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of BWX Technologies in a research report on Friday, May 22nd. Seaport Research Partners raised BWX Technologies from a “neutral” rating to a “buy” rating and set a $245.00 price objective on the stock in a research report on Monday, June 22nd. Truist Financial upped their price objective on BWX Technologies from $205.00 to $212.00 and gave the company a “hold” rating in a research note on Monday, May 11th. Zacks Research lowered BWX Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 11th. Finally, Wells Fargo & Company started coverage on BWX Technologies in a research note on Wednesday, April 1st. They set an “underweight” rating and a $200.00 target price on the stock. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $228.00.

Insider Buying and Selling at BWX Technologies

In other news, CEO Rex D. Geveden sold 10,000 shares of the stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $204.81, for a total transaction of $2,048,100.00. Following the completion of the transaction, the chief executive officer owned 202,491 shares in the company, valued at approximately $41,472,181.71. This represents a 4.71% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Michael Thomas Fitzgerald sold 2,417 shares of BWX Technologies stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $209.25, for a total value of $505,757.25. Following the completion of the sale, the chief financial officer directly owned 6,884 shares of the company’s stock, valued at approximately $1,440,477. This trade represents a 25.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.60% of the company’s stock.

BWX Technologies 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.