Parallax Volatility Advisers L.P. Makes New $955,000 Investment in BWX Technologies, Inc. $BWXT

Parallax Volatility Advisers L.P. acquired a new position in shares of BWX Technologies, Inc. (NYSE:BWXT) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 4,904 shares of the technology company’s stock, valued at approximately $955,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Goldman Sachs Group Inc. increased its holdings in BWX Technologies by 0.3% during the first quarter. Goldman Sachs Group Inc. now owns 141,680 shares of the technology company’s stock worth $13,977,000 after buying an additional 371 shares during the last quarter. Caxton Associates LLP bought a new position in shares of BWX Technologies during the 1st quarter valued at approximately $304,000. Flow Traders U.S. LLC purchased a new stake in shares of BWX Technologies during the 2nd quarter worth approximately $404,000. NewEdge Advisors LLC raised its holdings in shares of BWX Technologies by 670.0% in the 2nd quarter. NewEdge Advisors LLC now owns 7,030 shares of the technology company’s stock worth $1,013,000 after purchasing an additional 6,117 shares during the period. Finally, Sei Investments Co. raised its holdings in shares of BWX Technologies by 44.9% in the 2nd quarter. Sei Investments Co. now owns 256,969 shares of the technology company’s stock worth $37,018,000 after purchasing an additional 79,646 shares during the period. Hedge funds and other institutional investors own 94.39% of the company’s stock.

BWX Technologies Trading Up 2.4%

Shares of BWXT stock opened at $153.35 on Thursday. 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 firm has a market cap of $14.05 billion, a P/E ratio of 39.73, a price-to-earnings-growth ratio of 2.34 and a beta of 0.76. The business has a 50-day moving average price of $177.86 and a two-hundred day moving average price of $196.39. BWX Technologies, Inc. has a 12-month low of $147.74 and a 12-month high of $241.82.

BWX Technologies (NYSE:BWXT) last released its earnings results on Monday, August 3rd. The technology company reported $1.07 earnings per share for the quarter, topping analysts’ consensus estimates of $1.04 by $0.03. The company had revenue of $901.62 million during 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%.BWX Technologies’s quarterly revenue was up 18.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.02 EPS. 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 EPS for the current fiscal year.

BWX Technologies Dividend Announcement

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

Insider Buying and Selling

In other BWX Technologies news, CEO Rex D. Geveden sold 10,000 shares of the business’s stock in a transaction on 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 transaction, the chief executive officer directly owned 192,491 shares of the company’s stock, valued at approximately $33,204,697.50. The trade was a 4.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

BWXT has been the subject of a number of recent research reports. Zacks Research downgraded BWX Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 11th. Truist Financial cut their price target on BWX Technologies from $212.00 to $202.00 and set a “hold” rating for the company in a research note on Friday, August 14th. BTIG Research restated a “buy” rating and issued a $235.00 price objective on shares of BWX Technologies in a research note on Tuesday, August 4th. Seaport Research Partners raised shares of BWX Technologies from a “neutral” rating to a “buy” rating and set a $245.00 price objective on the stock in a report on Monday, June 22nd. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of BWX Technologies from a “hold” rating to a “buy” rating and lifted their price objective for the company from $205.00 to $255.00 in a research note on Friday, May 15th. Two 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 company’s stock. According to data from MarketBeat.com, BWX Technologies has a consensus rating of “Moderate Buy” and an average price target of $227.20.

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.