BWX Technologies, Inc. (NYSE:BWXT) Receives Consensus Recommendation of “Moderate Buy” from Analysts

BWX Technologies, Inc. (NYSE:BWXT) has received an average rating of “Moderate Buy” from the fourteen analysts that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, four have issued a hold rating, seven have issued a buy rating and two have issued a strong buy rating on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $184.8250.

A number of equities analysts have recently weighed in on BWXT shares. Deutsche Bank Aktiengesellschaft set a $180.00 target price on BWX Technologies and gave the stock a “hold” rating in a research note on Wednesday, October 8th. Weiss Ratings reissued a “buy (b-)” rating on shares of BWX Technologies in a research report on Tuesday, November 25th. Wall Street Zen upgraded BWX Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Wedbush reiterated an “outperform” rating on shares of BWX Technologies in a research note on Wednesday, October 1st. Finally, Truist Financial boosted their price target on shares of BWX Technologies from $173.00 to $200.00 and gave the stock a “hold” rating in a report on Tuesday, November 4th.

BWX Technologies Stock Performance

Shares of BWXT opened at $179.04 on Monday. The firm has a market capitalization of $16.37 billion, a P/E ratio of 55.95, a P/E/G ratio of 4.24 and a beta of 0.78. BWX Technologies has a 52 week low of $84.21 and a 52 week high of $218.50. The stock has a 50 day moving average price of $191.36 and a two-hundred day moving average price of $163.34. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.60 and a current ratio of 1.69.

BWX Technologies (NYSE:BWXT) last posted its earnings results on Monday, November 3rd. The technology company reported $1.00 earnings per share for the quarter, beating analysts’ consensus estimates of $0.85 by $0.15. BWX Technologies had a return on equity of 30.61% and a net margin of 10.28%.The company had revenue of $866.29 million for the quarter, compared to analyst estimates of $795.48 million. During the same quarter last year, the company earned $0.83 earnings per share. The company’s revenue for the quarter was up 28.9% on a year-over-year basis. BWX Technologies has set its FY 2025 guidance at 3.750-3.800 EPS. Equities analysts forecast that BWX Technologies will post 3.23 earnings per share for the current fiscal year.

BWX Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Wednesday, November 19th will be given 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 is Wednesday, November 19th. BWX Technologies’s dividend payout ratio is currently 30.03%.

Insider Activity

In other 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 transaction of $1,979,000.00. Following the completion of the sale, the chief executive officer owned 187,594 shares in the company, valued at $37,124,852.60. This trade represents a 5.06% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.47% of the stock is currently owned by insiders.

Hedge Funds Weigh In On BWX Technologies

Several institutional investors and hedge funds have recently bought and sold shares of BWXT. Valeo Financial Advisors LLC raised its stake in shares of BWX Technologies by 33,572.0% in the second quarter. Valeo Financial Advisors LLC now owns 1,517,599 shares of the technology company’s stock valued at $2,228,000 after buying an additional 1,513,092 shares during the period. Artisan Partners Limited Partnership purchased a new stake in BWX Technologies in the 2nd quarter worth about $183,859,000. William Blair Investment Management LLC raised its stake in BWX Technologies by 523.2% in the 2nd quarter. William Blair Investment Management LLC now owns 1,517,356 shares of the technology company’s stock valued at $218,590,000 after acquiring an additional 1,273,895 shares during the period. Alkeon Capital Management LLC raised its stake in BWX Technologies by 163.0% in the 3rd quarter. Alkeon Capital Management LLC now owns 1,578,048 shares of the technology company’s stock valued at $290,945,000 after acquiring an additional 978,000 shares during the period. Finally, Invesco Ltd. lifted its holdings in BWX Technologies by 60.1% during the third quarter. Invesco Ltd. now owns 2,549,150 shares of the technology company’s stock valued at $469,987,000 after purchasing an additional 956,770 shares during the last quarter. 94.39% of the stock is owned by institutional investors.

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.