Focus Partners Wealth Has $2.17 Million Holdings in BWX Technologies, Inc. (NYSE:BWXT)

Focus Partners Wealth lifted its position in shares of BWX Technologies, Inc. (NYSE:BWXT) by 3.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,508 shares of the technology company’s stock after purchasing an additional 731 shares during the quarter. Focus Partners Wealth’s holdings in BWX Technologies were worth $2,173,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Retirement Wealth Solutions LLC acquired a new position in BWX Technologies during the fourth quarter worth $30,000. HHM Wealth Advisors LLC raised its holdings in shares of BWX Technologies by 45.0% in the 4th quarter. HHM Wealth Advisors LLC now owns 290 shares of the technology company’s stock worth $32,000 after acquiring an additional 90 shares during the last quarter. Principal Securities Inc. lifted its position in BWX Technologies by 40.4% in the 4th quarter. Principal Securities Inc. now owns 316 shares of the technology company’s stock valued at $35,000 after acquiring an additional 91 shares in the last quarter. V Square Quantitative Management LLC boosted its stake in BWX Technologies by 40.5% during the 4th quarter. V Square Quantitative Management LLC now owns 406 shares of the technology company’s stock valued at $45,000 after purchasing an additional 117 shares during the last quarter. Finally, UMB Bank n.a. boosted its stake in BWX Technologies by 97.3% during the 4th quarter. UMB Bank n.a. now owns 507 shares of the technology company’s stock valued at $56,000 after purchasing an additional 250 shares during the last quarter. 94.39% of the stock is currently owned by institutional investors.

Insider Activity

In other BWX Technologies news, SVP Ronald Owen Whitford, Jr. sold 2,000 shares of the business’s stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $104.92, for a total value of $209,840.00. Following the completion of the transaction, the senior vice president now owns 9,904 shares of the company’s stock, valued at $1,039,127.68. The trade was a 16.80% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Robert L. Duffy sold 6,000 shares of the firm’s stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $104.03, for a total transaction of $624,180.00. Following the sale, the senior vice president now owns 3,206 shares in the company, valued at approximately $333,520.18. This trade represents a 65.17% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 53,625 shares of company stock worth $5,734,145. 0.47% of the stock is owned by company insiders.

BWX Technologies Stock Up 1.5%

BWXT opened at $108.77 on Friday. BWX Technologies, Inc. has a twelve month low of $84.21 and a twelve month high of $136.31. The company’s 50-day moving average price is $102.96 and its two-hundred day moving average price is $112.23. The stock has a market cap of $9.94 billion, a price-to-earnings ratio of 36.02, a PEG ratio of 3.20 and a beta of 0.66. The company has a quick ratio of 2.25, a current ratio of 2.25 and a debt-to-equity ratio of 1.15.

BWX Technologies (NYSE:BWXT) last posted its quarterly earnings data on Monday, May 5th. The technology company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.73 by $0.18. The business had revenue of $682.26 million for the quarter, compared to the consensus estimate of $644.15 million. BWX Technologies had a return on equity of 31.95% and a net margin of 10.32%. BWX Technologies’s revenue for the quarter was up 13.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.76 earnings per share. As a group, equities analysts expect that BWX Technologies, Inc. will post 3.23 earnings per share for the current year.

BWX Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Monday, May 19th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.92%. The ex-dividend date of this dividend is Monday, May 19th. BWX Technologies’s dividend payout ratio is presently 31.85%.

Analyst Upgrades and Downgrades

BWXT has been the topic of a number of recent research reports. Bank of America dropped their target price on BWX Technologies from $160.00 to $135.00 and set a “buy” rating on the stock in a report on Wednesday, March 26th. Maxim Group dropped their price objective on BWX Technologies from $140.00 to $136.00 and set a “buy” rating on the stock in a research note on Thursday, May 8th. Finally, Seaport Res Ptn upgraded shares of BWX Technologies to a “strong-buy” rating in a research note on Tuesday, April 1st. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, BWX Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $123.88.

BWX Technologies Profile

BWX Technologies, Inc, together with its subsidiaries, manufactures and sells nuclear components in the United States, Canada, and internationally. It operates through two segments, Government Operations and Commercial Operations. The Government Operations segment designs and manufactures naval nuclear components, reactors, and nuclear fuel; fabrication activities; and supplies proprietary and sole-source valves, manifolds, and fittings to naval and commercial shipping customers.