Thrivent Financial for Lutherans Sells 23,102 Shares of BWX Technologies, Inc. $BWXT

Thrivent Financial for Lutherans lessened its stake in shares of BWX Technologies, Inc. (NYSE:BWXT) by 3.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 646,534 shares of the technology company’s stock after selling 23,102 shares during the quarter. Thrivent Financial for Lutherans’ holdings in BWX Technologies were worth $111,781,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Freemont Management S.A. boosted its position in BWX Technologies by 200.0% during the 4th quarter. Freemont Management S.A. now owns 4,800 shares of the technology company’s stock valued at $830,000 after acquiring an additional 3,200 shares in the last quarter. Independent Advisor Alliance boosted its position in BWX Technologies by 0.7% during the 4th quarter. Independent Advisor Alliance now owns 27,456 shares of the technology company’s stock valued at $4,746,000 after acquiring an additional 193 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al boosted its position in BWX Technologies by 3.4% during the 4th quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 19,520 shares of the technology company’s stock valued at $3,374,000 after acquiring an additional 650 shares in the last quarter. Purkiss Capital Advisors LLC boosted its position in BWX Technologies by 5.3% during the 4th quarter. Purkiss Capital Advisors LLC now owns 1,978 shares of the technology company’s stock valued at $342,000 after acquiring an additional 100 shares in the last quarter. Finally, Versor Investments LP boosted its position in BWX Technologies by 130.1% during the 4th quarter. Versor Investments LP now owns 10,426 shares of the technology company’s stock valued at $1,802,000 after acquiring an additional 5,894 shares in the last quarter. Institutional investors own 94.39% of the company’s stock.

Analyst Ratings Changes

Several brokerages have issued reports on BWXT. Wells Fargo & Company began coverage on BWX Technologies in a research report on Wednesday, April 1st. They set an “underweight” rating and a $200.00 target price on the stock. Zacks Research cut BWX Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday. BTIG Research increased their target price on BWX Technologies from $225.00 to $235.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $205.00 price objective on shares of BWX Technologies in a report on Tuesday, May 5th. Finally, Bank of America increased their price objective on BWX Technologies from $230.00 to $250.00 and gave the company a “buy” rating in a report on Wednesday, March 25th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $217.96.

BWX Technologies Stock Performance

Shares of BWXT opened at $211.34 on Friday. BWX Technologies, Inc. has a 12 month low of $106.22 and a 12 month high of $241.82. The stock has a fifty day moving average price of $212.79 and a 200-day moving average price of $199.90. The company has a current ratio of 2.40, a quick ratio of 2.33 and a debt-to-equity ratio of 1.58. The firm has a market cap of $19.36 billion, a PE ratio of 56.51, a P/E/G ratio of 3.41 and a beta of 0.78.

BWX Technologies (NYSE:BWXT) last issued its quarterly earnings data on Monday, May 4th. The technology company reported $1.12 EPS for the quarter, beating the consensus estimate of $0.92 by $0.20. BWX Technologies had a return on equity of 31.33% and a net margin of 10.20%.The firm had revenue of $860.22 million during the quarter, compared to analyst estimates of $837.47 million. During the same quarter in the prior year, the business posted $0.91 EPS. The business’s revenue for the quarter was up 26.1% compared to the same quarter last year. BWX Technologies has set its FY 2026 guidance at 4.600-4.750 EPS. Equities research analysts predict that BWX Technologies, Inc. will post 4.71 earnings per share for the current fiscal year.

BWX Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Stockholders of record on Tuesday, May 19th will be issued a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Tuesday, May 19th. BWX Technologies’s dividend payout ratio is currently 28.88%.

Insiders Place Their Bets

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 sale, 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 sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Kevin James Gorman sold 1,344 shares of the firm’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $214.71, for a total value of $288,570.24. Following the completion of the transaction, the chief accounting officer owned 114 shares of the company’s stock, valued at $24,476.94. This trade represents a 92.18% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 15,744 shares of company stock worth $3,256,101. 0.60% of the stock is currently owned by company insiders.

About BWX Technologies

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.