Anchor Capital Advisors LLC Has $36.81 Million Stock Holdings in BWX Technologies, Inc. $BWXT

Anchor Capital Advisors LLC trimmed its stake in shares of BWX Technologies, Inc. (NYSE:BWXTFree Report) by 36.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 199,651 shares of the technology company’s stock after selling 113,464 shares during the period. Anchor Capital Advisors LLC owned about 0.22% of BWX Technologies worth $36,810,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Mitchell Mcleod Pugh & Williams Inc. acquired a new stake in BWX Technologies during the 3rd quarter worth about $199,000. Demars Financial Group LLC increased its position in shares of BWX Technologies by 1.7% in the third quarter. Demars Financial Group LLC now owns 36,343 shares of the technology company’s stock worth $6,700,000 after acquiring an additional 595 shares in the last quarter. Triasima Portfolio Management inc. purchased a new position in BWX Technologies during the 3rd quarter worth approximately $276,000. Root Financial Partners LLC acquired a new stake in shares of BWX Technologies in the third quarter worth $51,000. Finally, Intrua Financial LLC grew its holdings in shares of BWX Technologies by 3.6% during the third quarter. Intrua Financial LLC now owns 2,531 shares of the technology company’s stock valued at $467,000 after buying an additional 89 shares in the last quarter. Hedge funds and other institutional investors own 94.39% of the company’s stock.

Insider Buying and Selling at BWX Technologies

In related news, CEO Rex D. Geveden sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $197.90, for a total value of $1,979,000.00. Following the completion of the sale, the chief executive officer directly owned 187,594 shares in the company, valued at approximately $37,124,852.60. The trade was a 5.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.47% of the company’s stock.

Analyst Upgrades and Downgrades

BWXT has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft set a $180.00 price objective on BWX Technologies and gave the stock a “hold” rating in a research report on Wednesday, October 8th. Wall Street Zen raised shares of BWX Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Zacks Research downgraded shares of BWX Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 24th. Weiss Ratings raised shares of BWX Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, January 12th. Finally, Truist Financial set a $205.00 price target on shares of BWX Technologies in a research note on Friday, January 9th. Three analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, BWX Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $200.96.

Get Our Latest Research Report on BWXT

BWX Technologies Stock Down 5.4%

BWX Technologies stock opened at $206.19 on Wednesday. The company has a current ratio of 1.71, a quick ratio of 1.62 and a debt-to-equity ratio of 1.21. BWX Technologies, Inc. has a 1-year low of $84.21 and a 1-year high of $220.57. The firm’s fifty day simple moving average is $183.32 and its 200-day simple moving average is $177.48. The company has a market capitalization of $18.85 billion, a P/E ratio of 61.92, a P/E/G ratio of 3.50 and a beta of 0.86.

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

BWX Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Wednesday, November 19th were issued a dividend of $0.25 per share. 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 currently 30.03%.

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.

See Also

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

Receive News & Ratings for BWX Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BWX Technologies and related companies with MarketBeat.com's FREE daily email newsletter.