PFG Advisors Has $3.36 Million Holdings in BWX Technologies, Inc. $BWXT

PFG Advisors reduced its holdings in BWX Technologies, Inc. (NYSE:BWXTFree Report) by 46.5% during the 4th quarter, Holdings Channel reports. The fund owned 19,433 shares of the technology company’s stock after selling 16,872 shares during the quarter. PFG Advisors’ holdings in BWX Technologies were worth $3,359,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Massachusetts Financial Services Co. MA boosted its holdings in shares of BWX Technologies by 26.0% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,159,033 shares of the technology company’s stock worth $213,691,000 after acquiring an additional 239,292 shares in the last quarter. Eos Management L.P. boosted its holdings in shares of BWX Technologies by 27.9% in the 3rd quarter. Eos Management L.P. now owns 25,894 shares of the technology company’s stock worth $4,774,000 after acquiring an additional 5,644 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in shares of BWX Technologies by 51.1% in the 3rd quarter. Principal Financial Group Inc. now owns 313,192 shares of the technology company’s stock worth $57,743,000 after acquiring an additional 105,879 shares in the last quarter. Thrivent Financial for Lutherans boosted its holdings in shares of BWX Technologies by 7.3% in the 3rd quarter. Thrivent Financial for Lutherans now owns 669,636 shares of the technology company’s stock worth $123,460,000 after acquiring an additional 45,667 shares in the last quarter. Finally, AGF Management Ltd. boosted its holdings in shares of BWX Technologies by 82.9% in the 3rd quarter. AGF Management Ltd. now owns 70,544 shares of the technology company’s stock worth $13,006,000 after acquiring an additional 31,980 shares in the last quarter. 94.39% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

BWXT has been the topic of several recent analyst reports. TD Cowen initiated coverage on BWX Technologies in a report on Thursday, March 12th. They issued a “buy” rating and a $230.00 target price on the stock. TD Securities initiated coverage on shares of BWX Technologies in a research report on Thursday, March 12th. They set a “buy” rating and a $230.00 target price on the stock. BTIG Research upped their target price on shares of BWX Technologies from $225.00 to $235.00 and gave the stock a “buy” rating in a research report on Thursday, February 26th. Wall Street Zen lowered shares of BWX Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Finally, Bank of America upped their target price on shares of BWX Technologies from $230.00 to $250.00 and gave the stock a “buy” rating in a research report on Wednesday, March 25th. Three analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, BWX Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $207.60.

Check Out Our Latest Analysis on BWXT

BWX Technologies Price Performance

Shares of BWXT stock opened at $216.97 on Wednesday. The company has a current ratio of 2.32, a quick ratio of 2.25 and a debt-to-equity ratio of 1.64. The firm has a market capitalization of $19.88 billion, a price-to-earnings ratio of 60.78, a PEG ratio of 3.94 and a beta of 0.80. The firm’s 50 day moving average is $209.99 and its 200-day moving average is $198.39. BWX Technologies, Inc. has a 1 year low of $100.12 and a 1 year high of $241.82.

BWX Technologies (NYSE:BWXTGet Free Report) last posted its quarterly earnings results on Monday, February 23rd. The technology company reported $1.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.91 by $0.17. The business had revenue of $885.84 million during the quarter, compared to the consensus estimate of $837.47 million. BWX Technologies had a net margin of 10.28% and a return on equity of 30.94%. BWX Technologies’s revenue for the quarter was up 18.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.92 earnings per share. BWX Technologies has set its FY 2026 guidance at 4.550-4.700 EPS. Sell-side analysts forecast that BWX Technologies, Inc. will post 4.6 EPS for the current fiscal year.

BWX Technologies Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Wednesday, March 11th were paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.5%. This is a positive change from BWX Technologies’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Wednesday, March 11th. BWX Technologies’s payout ratio is presently 30.25%.

Insider Buying and Selling

In related news, Director Gerhard F. Burbach sold 1,983 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $208.61, for a total transaction of $413,673.63. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Rex D. Geveden sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $203.26, for a total transaction of $2,032,600.00. Following the sale, the chief executive officer directly owned 177,594 shares of the company’s stock, valued at approximately $36,097,756.44. This trade represents a 5.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 13,327 shares of company stock valued at $2,734,844 over the last ninety days. Insiders own 0.60% of the company’s stock.

BWX Technologies Company Profile

(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.

See Also

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

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