Mitsubishi UFJ Asset Management Co. Ltd. Buys Shares of 41,676 BWX Technologies, Inc. $BWXT

Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in BWX Technologies, Inc. (NYSE:BWXTFree Report) during the second quarter, HoldingsChannel reports. The firm purchased 41,676 shares of the technology company’s stock, valued at approximately $8,112,000.

Other large investors also recently modified their holdings of the company. WFA of San Diego LLC purchased a new stake in BWX Technologies during the second quarter valued at $29,000. MV Capital Management Inc. purchased a new stake in shares of BWX Technologies during the 4th quarter valued at about $32,000. Tucker Asset Management LLC purchased a new stake in shares of BWX Technologies during the 4th quarter valued at about $36,000. Vermillion Wealth Management Inc. lifted its stake in shares of BWX Technologies by 71.7% in the 4th quarter. Vermillion Wealth Management Inc. now owns 237 shares of the technology company’s stock worth $41,000 after purchasing an additional 99 shares during the period. Finally, Smithfield Trust Co boosted its holdings in shares of BWX Technologies by 52.1% in the fourth quarter. Smithfield Trust Co now owns 251 shares of the technology company’s stock worth $44,000 after buying an additional 86 shares during the last quarter. Institutional investors own 94.39% of the company’s stock.

Insider Activity at BWX Technologies

In related news, CEO Rex D. Geveden sold 10,000 shares of BWX Technologies stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $172.50, for a total value of $1,725,000.00. Following the completion of the transaction, the chief executive officer owned 192,491 shares in the company, valued at approximately $33,204,697.50. This trade represents a 4.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.60% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on BWXT shares. BTIG Research reaffirmed a “buy” rating and set a $235.00 target price on shares of BWX Technologies in a report on Tuesday, August 4th. JPMorgan Chase & Co. assumed coverage on shares of BWX Technologies in a research report on Monday, July 27th. They set an “overweight” rating and a $230.00 price objective for the company. Deutsche Bank Aktiengesellschaft upgraded BWX Technologies from a “hold” rating to a “buy” rating and upped their price objective for the stock from $205.00 to $255.00 in a research note on Friday, May 15th. Weiss Ratings raised BWX Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, August 12th. Finally, Seaport Research Partners upgraded BWX Technologies from a “neutral” rating to a “buy” rating and set a $245.00 target price on the stock in a research report on Monday, June 22nd. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, BWX Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $227.20.

Read Our Latest Research Report on BWXT

BWX Technologies Stock Performance

Shares of NYSE BWXT opened at $156.95 on Friday. The stock has a market cap of $14.38 billion, a PE ratio of 40.66, a price-to-earnings-growth ratio of 2.45 and a beta of 0.76. BWX Technologies, Inc. has a 1 year low of $154.59 and a 1 year high of $241.82. The firm has a fifty day moving average price of $180.70 and a 200-day moving average price of $197.41. The company has a debt-to-equity ratio of 1.51, a current ratio of 2.40 and a quick ratio of 2.33.

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

BWX Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Tuesday, August 18th will be issued a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 0.7%. The ex-dividend date is Tuesday, August 18th. BWX Technologies’s dividend payout ratio (DPR) is currently 27.98%.

About BWX Technologies

(Free Report)

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.

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Institutional Ownership by Quarter for BWX Technologies (NYSE:BWXT)

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