Denali Advisors LLC Cuts Stock Position in BWX Technologies, Inc. $BWXT

Denali Advisors LLC trimmed its position in shares of BWX Technologies, Inc. (NYSE:BWXT) by 42.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,170 shares of the technology company’s stock after selling 5,245 shares during the period. Denali Advisors LLC’s holdings in BWX Technologies were worth $1,322,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Creative Financial Designs Inc. ADV boosted its holdings 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 valued at $25,000 after acquiring an additional 125 shares during the period. Global Trust Asset Management LLC bought a new stake in BWX Technologies in the third quarter valued at approximately $32,000. WFA of San Diego LLC purchased a new stake in shares of BWX Technologies during the second quarter valued at approximately $29,000. Hantz Financial Services Inc. grew its holdings in shares of BWX Technologies by 861.9% in the second quarter. Hantz Financial Services Inc. now owns 202 shares of the technology company’s stock worth $29,000 after purchasing an additional 181 shares during the last quarter. Finally, Quent Capital LLC purchased a new position in shares of BWX Technologies in the third quarter worth $43,000. Hedge funds and other institutional investors own 94.39% of the company’s stock.

BWX Technologies Trading Up 1.7%

NYSE BWXT opened at $200.31 on Tuesday. BWX Technologies, Inc. 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. The stock’s fifty day moving average price is $193.08 and its 200-day moving average price is $185.57. The stock has a market cap of $18.31 billion, a P/E ratio of 60.15, a P/E/G ratio of 3.22 and a beta of 0.83.

Analyst Ratings Changes

Several analysts recently issued reports on BWXT shares. Northland Securities set a $225.00 target price on BWX Technologies in a research note on Tuesday, November 4th. BNP Paribas Exane initiated coverage on BWX Technologies in a report on Thursday, January 15th. They issued a “neutral” rating and a $215.00 price objective for the company. Wall Street Zen upgraded BWX Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Truist Financial set a $205.00 target price on BWX Technologies in a research note on Friday, January 9th. Finally, Zacks Research raised BWX Technologies from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 21st. Three equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $199.20.

Insiders Place Their Bets

In other BWX Technologies news, CEO Rex D. Geveden sold 10,000 shares of the stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $203.26, for a total transaction of $2,032,600.00. Following the completion of the transaction, the chief executive officer owned 177,594 shares of the company’s stock, valued at $36,097,756.44. This represents a 5.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.47% of the stock is owned by insiders.

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.