BWX Technologies (NYSE:BWXT) Upgraded at Northland Capmk

Northland Capmk upgraded shares of BWX Technologies (NYSE:BWXT) to a strong-buy rating in a research note issued to investors on Tuesday morning,Zacks.com reports.

A number of other equities analysts also recently commented on BWXT. Bank of America upped their target price on shares of BWX Technologies from $155.00 to $220.00 and gave the stock a “buy” rating in a research note on Wednesday, August 13th. William Blair reaffirmed an “outperform” rating on shares of BWX Technologies in a research report on Wednesday, June 18th. Northland Securities assumed coverage on shares of BWX Technologies in a research report on Wednesday. They issued an “outperform” rating and a $205.00 price target for the company. Wall Street Zen cut shares of BWX Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Finally, Maxim Group reaffirmed a “hold” rating on shares of BWX Technologies in a research report on Wednesday, August 6th. Two analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $160.83.

BWX Technologies Price Performance

Shares of BWXT stock opened at $170.22 on Tuesday. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.69 and a quick ratio of 1.60. The company has a market capitalization of $15.56 billion, a P/E ratio of 53.19, a P/E/G ratio of 3.76 and a beta of 0.75. The company’s 50-day simple moving average is $157.81 and its two-hundred day simple moving average is $128.61. BWX Technologies has a one year low of $84.21 and a one year high of $189.25.

BWX Technologies (NYSE:BWXT) last issued its earnings results on Monday, August 4th. The technology company reported $1.02 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.23. The business had revenue of $764.00 million for the quarter, compared to the consensus estimate of $708.00 million. BWX Technologies had a net margin of 10.28% and a return on equity of 30.61%. The company’s revenue for the quarter was up 12.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.82 EPS. BWX Technologies has set its FY 2025 guidance at 3.650-3.750 EPS. As a group, equities analysts anticipate that BWX Technologies will post 3.23 EPS for the current year.

BWX Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 5th. Investors of record on Monday, August 18th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, August 18th. This represents a $1.00 dividend on an annualized basis and a yield of 0.6%. BWX Technologies’s dividend payout ratio is presently 31.25%.

Insider Activity

In other BWX Technologies news, CEO Rex D. Geveden sold 25,000 shares of the firm’s stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of $179.00, for a total value of $4,475,000.00. Following the completion of the transaction, the chief executive officer owned 197,594 shares of the company’s stock, valued at approximately $35,369,326. This trade represents a 11.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Ronald Owen Whitford, Jr. sold 2,092 shares of the firm’s stock in a transaction on Monday, August 11th. The stock was sold at an average price of $177.43, for a total transaction of $371,183.56. Following the completion of the transaction, the senior vice president directly owned 10,149 shares of the company’s stock, valued at approximately $1,800,737.07. This represents a 17.09% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 29,953 shares of company stock worth $5,359,758. 0.47% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Creative Financial Designs Inc. ADV raised its holdings in shares of BWX Technologies by 250.0% in the second quarter. Creative Financial Designs Inc. ADV now owns 175 shares of the technology company’s stock worth $25,000 after buying an additional 125 shares during the last quarter. Hantz Financial Services Inc. raised its holdings in shares of BWX Technologies by 861.9% in the second quarter. Hantz Financial Services Inc. now owns 202 shares of the technology company’s stock worth $29,000 after buying an additional 181 shares during the last quarter. WFA of San Diego LLC purchased a new position in shares of BWX Technologies in the second quarter worth $29,000. Stone House Investment Management LLC purchased a new position in shares of BWX Technologies in the first quarter worth $31,000. Finally, Compass Financial Services Inc purchased a new position in shares of BWX Technologies in the first quarter worth $33,000. Hedge funds and other institutional investors own 94.39% of the company’s stock.

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; fabrication activities; and supplies proprietary and sole-source valves, manifolds, and fittings to naval and commercial shipping customers.