Massachusetts Financial Services Co. MA Purchases 239,292 Shares of BWX Technologies, Inc. $BWXT

Massachusetts Financial Services Co. MA increased its position in shares of BWX Technologies, Inc. (NYSE:BWXTFree Report) by 26.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,159,033 shares of the technology company’s stock after purchasing an additional 239,292 shares during the period. Massachusetts Financial Services Co. MA owned approximately 1.27% of BWX Technologies worth $213,691,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in BWXT. Creative Financial Designs Inc. ADV increased its position in BWX Technologies by 250.0% during the 2nd 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. Global Trust Asset Management LLC acquired a new position in shares of BWX Technologies in the third quarter valued at about $32,000. WFA of San Diego LLC acquired a new position in shares of BWX Technologies in the second quarter valued at about $29,000. Hantz Financial Services Inc. increased its position in 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 acquiring an additional 181 shares during the period. Finally, Quent Capital LLC acquired a new stake in BWX Technologies in the 3rd quarter worth about $43,000. 94.39% of the stock is owned by institutional investors and hedge funds.

Insider Activity at BWX Technologies

In related news, CEO Rex D. Geveden sold 10,000 shares of BWX Technologies 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 sale, the chief executive officer directly owned 187,594 shares of the company’s stock, valued at approximately $37,124,852.60. The trade was a 5.06% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.47% of the company’s stock.

BWX Technologies Stock Up 2.2%

NYSE BWXT opened at $217.85 on Tuesday. The business has a fifty day moving average price of $183.11 and a two-hundred day moving average price of $177.05. The stock has a market capitalization of $19.92 billion, a PE ratio of 65.42, a PEG ratio of 3.50 and a beta of 0.86. BWX Technologies, Inc. has a fifty-two week low of $84.21 and a fifty-two week high of $220.57. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.71 and a quick ratio of 1.62.

BWX Technologies (NYSE:BWXTGet Free Report) last posted its quarterly earnings results on Monday, November 3rd. The technology company reported $1.00 EPS for the quarter, topping analysts’ consensus estimates of $0.85 by $0.15. BWX Technologies had a return on equity of 30.70% and a net margin of 10.04%.The company had revenue of $866.29 million during the quarter, compared to analysts’ expectations of $795.48 million. During the same quarter in the previous year, the firm earned $0.83 EPS. BWX Technologies’s revenue 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 expect that BWX Technologies, Inc. will post 3.23 earnings per share for the current fiscal year.

BWX Technologies Dividend Announcement

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

Analyst Upgrades and Downgrades

BWXT has been the subject of a number of recent research reports. Wedbush reissued an “outperform” rating on shares of BWX Technologies in a report on Wednesday, October 1st. Bank of America lifted their price target on shares of BWX Technologies from $220.00 to $230.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. BNP Paribas began coverage on BWX Technologies in a research report on Thursday. They set a “neutral” rating and a $215.00 price target on the stock. BTIG Research raised their price objective on BWX Technologies from $200.00 to $225.00 and gave the stock a “buy” rating in a research note on Friday, November 7th. Finally, Weiss Ratings raised BWX Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, January 12th. Three investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $200.96.

View Our Latest Report on BWX Technologies

BWX Technologies Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for BWX Technologies (NYSE:BWXT)

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