Natixis Advisors L.P. Increases Stock Holdings in BWX Technologies, Inc. (NYSE:BWXT)

Natixis Advisors L.P. lifted its stake in BWX Technologies, Inc. (NYSE:BWXT) by 1.1% in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 64,578 shares of the technology company’s stock after purchasing an additional 712 shares during the quarter. Natixis Advisors L.P. owned about 0.07% of BWX Technologies worth $4,071,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Johnson Financial Group Inc. purchased a new position in shares of BWX Technologies in the 4th quarter worth approximately $25,000. Lazard Asset Management LLC purchased a new position in shares of BWX Technologies in the 1st quarter worth approximately $38,000. Parallel Advisors LLC boosted its holdings in shares of BWX Technologies by 2,280.5% in the 1st quarter. Parallel Advisors LLC now owns 976 shares of the technology company’s stock worth $62,000 after purchasing an additional 935 shares during the period. Coppell Advisory Solutions Corp. purchased a new position in shares of BWX Technologies in the 4th quarter worth approximately $88,000. Finally, Bessemer Group Inc. purchased a new position in shares of BWX Technologies in the 1st quarter worth approximately $107,000. Hedge funds and other institutional investors own 96.98% of the company’s stock.

Insider Transactions at BWX Technologies

In related news, Director Robert L. Nardelli purchased 2,000 shares of BWX Technologies stock in a transaction dated Friday, August 18th. The stock was purchased at an average cost of $71.23 per share, with a total value of $142,460.00. Following the transaction, the director now owns 2,000 shares in the company, valued at approximately $142,460. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, Director Robert L. Nardelli purchased 2,000 shares of BWX Technologies stock in a transaction dated Friday, August 18th. The stock was purchased at an average cost of $71.23 per share, with a total value of $142,460.00. Following the transaction, the director now owns 2,000 shares in the company, valued at approximately $142,460. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Gerhard F. Burbach sold 1,000 shares of the business’s stock in a transaction on Monday, August 14th. The stock was sold at an average price of $74.07, for a total value of $74,070.00. Following the completion of the transaction, the director now directly owns 1,391 shares of the company’s stock, valued at $103,031.37. The disclosure for this sale can be found here. Corporate insiders own 0.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Barclays boosted their price objective on BWX Technologies from $70.00 to $75.00 and gave the company an “equal weight” rating in a report on Tuesday, August 8th. Robert W. Baird upgraded BWX Technologies from a “neutral” rating to an “outperform” rating and boosted their price objective for the company from $61.00 to $85.00 in a report on Friday, August 4th. StockNews.com assumed coverage on BWX Technologies in a report on Thursday, August 17th. They set a “hold” rating for the company. Maxim Group boosted their price objective on BWX Technologies from $75.00 to $85.00 and gave the company a “buy” rating in a report on Monday, August 7th. Finally, Bank of America boosted their price objective on BWX Technologies from $75.00 to $80.00 and gave the company a “buy” rating in a report on Monday, August 7th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $79.17.

BWX Technologies Trading Down 0.1 %

Shares of NYSE BWXT opened at $73.80 on Friday. The company has a quick ratio of 2.41, a current ratio of 2.41 and a debt-to-equity ratio of 1.58. The business has a fifty day simple moving average of $71.16 and a two-hundred day simple moving average of $66.19. The firm has a market cap of $6.75 billion, a PE ratio of 30.12, a price-to-earnings-growth ratio of 4.12 and a beta of 0.84. BWX Technologies, Inc. has a twelve month low of $49.13 and a twelve month high of $76.26.

BWX Technologies (NYSE:BWXT) last issued its earnings results on Thursday, August 3rd. The technology company reported $0.65 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.06. The business had revenue of $612.40 million during the quarter, compared to analyst estimates of $558.25 million. BWX Technologies had a return on equity of 35.25% and a net margin of 9.63%. BWX Technologies’s revenue was up 10.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.82 EPS. Analysts expect that BWX Technologies, Inc. will post 2.96 earnings per share for the current fiscal year.

BWX Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 7th. Stockholders of record on Thursday, August 17th will be given a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 1.25%. The ex-dividend date of this dividend is Wednesday, August 16th. BWX Technologies’s payout ratio is 37.55%.

BWX Technologies Company Profile

BWX Technologies, Inc, together with its subsidiaries, manufactures and sells nuclear components in the United States, Canada, and internationally. It operates through two segments: Government Operations and Commercial Operations. The Government Operations segment designs and manufactures naval nuclear components, reactors, and nuclear fuel; undertakes fabrication activities for missile launch tubes for U.S.