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

BWX Technologies, Inc. (NYSE:BWXT) has been assigned an average recommendation of “Moderate Buy” from the thirteen analysts that are currently covering the stock, MarketBeat reports. Five analysts have rated the stock with a hold rating, five have given a buy rating and three have given a strong buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $199.20.

BWXT has been the subject of a number of research analyst reports. BNP Paribas Exane assumed coverage on BWX Technologies in a research note on Thursday, January 15th. They issued a “neutral” rating and a $215.00 target price for the company. BTIG Research raised their price target on shares of BWX Technologies from $200.00 to $225.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. Northland Securities set a $225.00 target price on BWX Technologies in a research note on Tuesday, November 4th. Bank of America raised 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. Finally, Zacks Research raised BWX Technologies from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 21st.

Insider Buying and Selling at BWX Technologies

In other news, CEO Rex D. Geveden sold 10,000 shares of BWX Technologies stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $203.26, for a total value of $2,032,600.00. Following the sale, the chief executive officer directly owned 177,594 shares of the company’s stock, valued at $36,097,756.44. The trade was a 5.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.47% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On BWX Technologies

A number of institutional investors and hedge funds have recently bought and sold shares of BWXT. Invesco Ltd. increased its stake in shares of BWX Technologies by 60.1% in the 3rd quarter. Invesco Ltd. now owns 2,549,150 shares of the technology company’s stock worth $469,987,000 after acquiring an additional 956,770 shares during the last quarter. Franklin Resources Inc. lifted its holdings in BWX Technologies by 2.4% during the 4th quarter. Franklin Resources Inc. now owns 2,258,282 shares of the technology company’s stock worth $390,321,000 after buying an additional 53,594 shares in the last quarter. Geode Capital Management LLC grew its stake in BWX Technologies by 3.9% during the 4th quarter. Geode Capital Management LLC now owns 1,857,716 shares of the technology company’s stock worth $321,176,000 after purchasing an additional 69,857 shares in the last quarter. Alkeon Capital Management LLC increased its stake in shares of BWX Technologies by 163.0% during the third quarter. Alkeon Capital Management LLC now owns 1,578,048 shares of the technology company’s stock worth $290,945,000 after buying an additional 978,000 shares during the period. Finally, William Blair Investment Management LLC lifted its position in shares of BWX Technologies by 523.2% during the 2nd quarter. William Blair Investment Management LLC now owns 1,517,356 shares of the technology company’s stock worth $218,590,000 after purchasing an additional 1,273,895 shares during the last quarter. 94.39% of the stock is currently owned by institutional investors and hedge funds.

BWX Technologies Trading Up 1.7%

Shares of BWX Technologies stock opened at $200.31 on Friday. The firm’s 50 day simple moving average is $192.65 and its two-hundred day simple moving average is $184.75. The firm has a market capitalization of $18.31 billion, a price-to-earnings ratio of 60.15, a PEG ratio of 3.16 and a beta of 0.84. BWX Technologies has a 12-month low of $84.21 and a 12-month high of $220.57. 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 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.