BWX Technologies (NYSE:BWXT) Given Outperform Rating at William Blair

William Blair restated their outperform rating on shares of BWX Technologies (NYSE:BWXT) in a report released on Wednesday morning,RTT News reports.

Several other research firms also recently commented on BWXT. Bank of America increased their target price on shares of BWX Technologies from $155.00 to $220.00 and gave the stock a “buy” rating in a research report on Wednesday, August 13th. Maxim Group reiterated a “hold” rating on shares of BWX Technologies in a research note on Wednesday, August 6th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $150.00 price target (up previously from $119.00) on shares of BWX Technologies in a report on Tuesday, July 8th. Northland Capmk raised shares of BWX Technologies to a “strong-buy” rating in a report on Tuesday, September 9th. Finally, Northland Securities initiated coverage on shares of BWX Technologies in a research report on Wednesday, September 10th. They issued an “outperform” rating and a $205.00 price objective on the stock. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, BWX Technologies presently has an average rating of “Moderate Buy” and an average target price of $160.83.

BWX Technologies Stock Performance

BWXT opened at $168.70 on Wednesday. The company has a market capitalization of $15.42 billion, a price-to-earnings ratio of 52.72, a price-to-earnings-growth ratio of 4.00 and a beta of 0.75. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.69 and a quick ratio of 1.60. BWX Technologies has a 1-year low of $84.21 and a 1-year high of $189.25. The business has a 50 day moving average price of $160.28 and a two-hundred day moving average price of $130.48.

BWX Technologies (NYSE:BWXT) last released its earnings results on Monday, August 4th. The technology company reported $1.02 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.23. The firm had revenue of $764.00 million during the quarter, compared to the consensus estimate of $708.00 million. BWX Technologies had a return on equity of 30.61% and a net margin of 10.28%.The firm’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 posted $0.82 earnings per share. BWX Technologies has set its FY 2025 guidance at 3.650-3.750 EPS. Research analysts predict that BWX Technologies will post 3.23 EPS for the current fiscal year.

BWX Technologies Announces Dividend

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

Insider Activity at BWX Technologies

In other news, SVP Ronald Owen Whitford, Jr. sold 2,092 shares of the firm’s stock in a transaction on Monday, August 11th. The shares were 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 owned 10,149 shares of the company’s stock, valued at approximately $1,800,737.07. This trade represents a 17.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Omar Fathi Meguid sold 2,261 shares of the firm’s stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of $179.84, for a total transaction of $406,618.24. Following the transaction, the senior vice president directly owned 2,361 shares of the company’s stock, valued at $424,602.24. The trade was a 48.92% decrease in their position. The disclosure for this sale can be found here. Insiders sold 29,953 shares of company stock worth $5,359,758 in the last 90 days. 0.47% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On BWX Technologies

Large investors have recently modified their holdings of the company. Creative Financial Designs Inc. ADV increased its position in shares of BWX Technologies by 250.0% during 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 period. WFA of San Diego LLC acquired a new stake in shares of BWX Technologies during the second quarter worth $29,000. Hantz Financial Services Inc. increased its position in shares of BWX Technologies by 861.9% during 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 period. Ameriflex Group Inc. acquired a new stake in shares of BWX Technologies during the fourth quarter worth $34,000. Finally, Stone House Investment Management LLC acquired a new stake in shares of BWX Technologies during the first quarter worth $31,000. 94.39% of the stock is currently owned by institutional investors and hedge funds.

About BWX Technologies

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.