Caisse Des Depots ET Consignations Reduces Position in BWX Technologies, Inc. $BWXT

Caisse Des Depots ET Consignations reduced its stake in BWX Technologies, Inc. (NYSE:BWXTFree Report) by 28.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,918 shares of the technology company’s stock after selling 7,583 shares during the quarter. Caisse Des Depots ET Consignations’ holdings in BWX Technologies were worth $3,488,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BWXT. Creative Financial Designs Inc. ADV lifted its holdings in BWX Technologies by 250.0% in the 2nd quarter. Creative Financial Designs Inc. ADV now owns 175 shares of the technology company’s stock valued at $25,000 after purchasing an additional 125 shares in the last quarter. Global Trust Asset Management LLC purchased a new position in shares of BWX Technologies during the third quarter valued at approximately $32,000. WFA of San Diego LLC purchased a new position in shares of BWX Technologies during the second quarter valued at approximately $29,000. Hantz Financial Services Inc. boosted 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 last quarter. Finally, Quent Capital LLC purchased a new stake in BWX Technologies in the 3rd quarter worth approximately $43,000. Hedge funds and other institutional investors own 94.39% of the company’s stock.

BWX Technologies Trading Down 0.6%

Shares of BWXT stock opened at $198.57 on Thursday. The company has a quick ratio of 1.62, a current ratio of 1.71 and a debt-to-equity ratio of 1.21. BWX Technologies, Inc. has a fifty-two week low of $84.21 and a fifty-two week high of $220.57. The firm’s 50 day moving average price is $191.84 and its two-hundred day moving average price is $184.32. The stock has a market cap of $18.16 billion, a price-to-earnings ratio of 59.63, a price-to-earnings-growth ratio of 3.21 and a beta of 0.84.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. CJS Securities raised BWX Technologies to a “strong-buy” rating in a research note on Friday, December 12th. Wall Street Zen upgraded BWX Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Bank of America increased their target price on BWX Technologies from $220.00 to $230.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. Weiss Ratings cut BWX Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 26th. Finally, Truist Financial set a $205.00 price objective on shares of BWX Technologies in a research note on Friday, January 9th. Three research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, BWX Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $199.20.

Get Our Latest Research Report on BWX Technologies

About BWX Technologies

(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.

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

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