Short Interest in BWX Technologies, Inc. (NYSE:BWXT) Increases By 19.6%

BWX Technologies, Inc. (NYSE:BWXT) saw a significant increase in short interest in December. As of December 31st, there was short interest totaling 2,747,394 shares, an increase of 19.6% from the December 15th total of 2,297,963 shares. Approximately 3.0% of the company’s shares are short sold. Based on an average trading volume of 749,754 shares, the short-interest ratio is currently 3.7 days. Based on an average trading volume of 749,754 shares, the short-interest ratio is currently 3.7 days. Approximately 3.0% of the company’s shares are short sold.

BWX Technologies Trading Down 5.4%

Shares of BWXT opened at $206.19 on Wednesday. The firm has a market capitalization of $18.85 billion, a price-to-earnings ratio of 61.92, a PEG ratio of 3.50 and a beta of 0.86. 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 has a 1-year low of $84.21 and a 1-year high of $220.57. The company has a 50-day moving average of $183.32 and a 200 day moving average of $177.48.

BWX Technologies (NYSE:BWXT) last issued its 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 net margin of 10.04% and a return on equity of 30.70%. The business had revenue of $866.29 million for the quarter, compared to the consensus estimate of $795.48 million. During the same period in the prior year, the firm earned $0.83 EPS. The company’s revenue for the quarter was up 28.9% compared to the same quarter last year. BWX Technologies has set its FY 2025 guidance at 3.750-3.800 EPS. On average, research analysts expect that BWX Technologies will post 3.23 EPS for the current year.

BWX Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Wednesday, November 19th were given 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 yield of 0.5%. BWX Technologies’s payout ratio is 30.03%.

Insiders Place Their Bets

In other BWX Technologies 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 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 $37,124,852.60. The trade was a 5.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.47% of the stock is owned by insiders.

Hedge Funds Weigh In On BWX Technologies

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Stratos Wealth Partners LTD. boosted its holdings in shares of BWX Technologies by 3.5% in the fourth quarter. Stratos Wealth Partners LTD. now owns 1,979 shares of the technology company’s stock valued at $342,000 after acquiring an additional 67 shares during the period. Corient Private Wealth LLC raised its position in BWX Technologies by 1.2% in the 2nd quarter. Corient Private Wealth LLC now owns 5,880 shares of the technology company’s stock valued at $847,000 after purchasing an additional 69 shares during the last quarter. HHM Wealth Advisors LLC boosted its stake in BWX Technologies by 17.9% during the 2nd quarter. HHM Wealth Advisors LLC now owns 460 shares of the technology company’s stock worth $66,000 after purchasing an additional 70 shares during the period. JT Stratford LLC grew its position in BWX Technologies by 2.5% during the 2nd quarter. JT Stratford LLC now owns 2,927 shares of the technology company’s stock worth $422,000 after purchasing an additional 72 shares during the last quarter. Finally, Barnes Dennig Private Wealth Management LLC grew its position in BWX Technologies by 10.1% during the 4th quarter. Barnes Dennig Private Wealth Management LLC now owns 783 shares of the technology company’s stock worth $135,000 after purchasing an additional 72 shares during the last quarter. Institutional investors own 94.39% of the company’s stock.

Wall Street Analysts Forecast Growth

BWXT has been the topic of several analyst reports. BTIG Research boosted their target price on BWX Technologies from $200.00 to $225.00 and gave the company a “buy” rating in a research report on Friday, November 7th. BNP Paribas started coverage on shares of BWX Technologies in a research note on Thursday, January 15th. They set a “neutral” rating and a $215.00 price target for the company. Zacks Research downgraded shares of BWX Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, November 24th. BNP Paribas Exane initiated coverage on shares of BWX Technologies in a research note on Thursday, January 15th. They issued a “neutral” rating and a $215.00 price objective for the company. Finally, Bank of America upped their target price on BWX Technologies from $220.00 to $230.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. Three investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, BWX Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $200.96.

BWX Technologies Company Profile

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.