Trek Financial LLC Acquires Shares of 13,331 BWX Technologies, Inc. $BWXT

Trek Financial LLC bought a new position in shares of BWX Technologies, Inc. (NYSE:BWXT) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 13,331 shares of the technology company’s stock, valued at approximately $2,458,000.

A number of other large investors have also recently made changes to their positions in BWXT. Parkside Financial Bank & Trust increased its stake in BWX Technologies by 23.8% in the 3rd quarter. Parkside Financial Bank & Trust now owns 483 shares of the technology company’s stock worth $89,000 after buying an additional 93 shares during the period. Mitchell Mcleod Pugh & Williams Inc. purchased a new stake in BWX Technologies in the 3rd quarter valued at about $199,000. Demars Financial Group LLC grew its stake in BWX Technologies by 1.7% in the 3rd quarter. Demars Financial Group LLC now owns 36,343 shares of the technology company’s stock worth $6,700,000 after acquiring an additional 595 shares in the last quarter. Triasima Portfolio Management inc. bought a new position in BWX Technologies in the 3rd quarter worth about $276,000. Finally, Root Financial Partners LLC purchased a new position in shares of BWX Technologies during the third quarter worth approximately $51,000. 94.39% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other BWX Technologies news, CEO Rex D. Geveden sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $197.90, for a total value of $1,979,000.00. Following the completion of the sale, the chief executive officer directly owned 187,594 shares in the company, valued at $37,124,852.60. This trade represents a 5.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.47% of the stock is currently owned by company insiders.

BWX Technologies Trading Up 0.7%

BWXT opened at $207.76 on Friday. The company has a current ratio of 1.71, a quick ratio of 1.62 and a debt-to-equity ratio of 1.21. The firm has a market cap of $19.00 billion, a price-to-earnings ratio of 62.39, a PEG ratio of 3.34 and a beta of 0.86. BWX Technologies, Inc. has a 12 month low of $84.21 and a 12 month high of $220.57. The stock has a fifty day moving average price of $184.75 and a 200-day moving average price of $178.63.

BWX Technologies (NYSE:BWXT) last posted its earnings results on Monday, November 3rd. The technology company reported $1.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.15. The company had revenue of $866.29 million for the quarter, compared to analyst estimates of $795.48 million. BWX Technologies had a return on equity of 30.70% and a net margin of 10.04%.The firm’s quarterly revenue was up 28.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.83 earnings per share. BWX Technologies has set its FY 2025 guidance at 3.750-3.800 EPS. As a group, equities research analysts anticipate that BWX Technologies, Inc. will post 3.23 earnings per share for the current fiscal year.

BWX Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Wednesday, November 19th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Wednesday, November 19th. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. BWX Technologies’s dividend payout ratio is presently 30.03%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on BWXT. Weiss Ratings raised BWX Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, January 12th. Wedbush reiterated an “outperform” rating on shares of BWX Technologies in a report on Wednesday, October 1st. Wall Street Zen upgraded BWX Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. CJS Securities upgraded BWX Technologies to a “strong-buy” rating in a report on Friday, December 12th. Finally, Deutsche Bank Aktiengesellschaft set a $180.00 price objective on shares of BWX Technologies and gave the stock a “hold” rating in a research note on Wednesday, October 8th. Three analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, BWX Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $199.20.

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.