Alkeon Capital Management LLC Acquires 978,000 Shares of BWX Technologies, Inc. $BWXT

Alkeon Capital Management LLC increased its holdings in shares of BWX Technologies, Inc. (NYSE:BWXT) by 163.0% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 1,578,048 shares of the technology company’s stock after purchasing an additional 978,000 shares during the period. Alkeon Capital Management LLC owned approximately 1.73% of BWX Technologies worth $290,945,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in BWXT. WFA of San Diego LLC bought a new position in BWX Technologies in the 2nd quarter worth approximately $29,000. Global Trust Asset Management LLC acquired a new position in shares of BWX Technologies during the third quarter worth approximately $32,000. Quent Capital LLC bought a new stake in shares of BWX Technologies in the third quarter valued at approximately $43,000. Ancora Advisors LLC acquired a new stake in shares of BWX Technologies in the third quarter worth $49,000. Finally, Root Financial Partners LLC acquired a new stake in shares of BWX Technologies in the third quarter worth $51,000. Institutional investors own 94.39% of the company’s stock.

BWX Technologies News Roundup

Here are the key news stories impacting BWX Technologies this week:

• Positive Sentiment: TD Securities initiated coverage with a Buy rating, signaling institutional interest and research support for BWXT’s growth profile. Read More.
• Positive Sentiment: TD Cowen also started coverage with a Buy and highlighted BWXT’s “unmatched nuclear heritage,” adding another independent bullish voice on the stock. Read More.
• Positive Sentiment: Analysts set a $230 price target (TD Securities / TD Cowen reporting), implying roughly double-digit upside from current levels — a clear near-term upside benchmark for investors to watch. Read More.
• Positive Sentiment: Operational tailwinds: BWXT reported quarterly revenue and backlog growth (backlog up ~50% to $7.3B) and is expanding into advanced nuclear programs (TRISO fuel, microreactors, Project Pele and modular BANR), which could broaden long‑term revenue beyond naval propulsion. Read More.
• Positive Sentiment: Coverage pieces note strong stock performance over the past year (shares up ~100% year-over-year in some reports), reinforcing momentum but also raising valuation questions. Read More.
• Neutral Sentiment: Sector context: broader defense and aerospace spending tailwinds (and peers like Teledyne gaining from defense and commercial aviation recovery) support a positive backdrop for BWXT but do not guarantee stock moves. Read More.
• Neutral Sentiment: Macro/structural piece: analysts point to a structural shift in national security spending that favors defense suppliers, providing a favorable demand environment for BWXT’s products and services over the medium term. Read More.

Insider Buying and Selling

In related 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 value 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Gerhard F. Burbach sold 1,983 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $208.61, for a total transaction of $413,673.63. The SEC filing for this sale provides additional information. Insiders sold 13,327 shares of company stock valued at $2,734,844 over the last quarter. Corporate insiders own 0.47% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on BWXT shares. CJS Securities upgraded shares of BWX Technologies to a “strong-buy” rating in a research note on Friday, December 12th. Wall Street Zen lowered shares of BWX Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. BTIG Research boosted their price objective on shares of BWX Technologies from $225.00 to $235.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. Zacks Research upgraded shares of BWX Technologies from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 21st. Finally, Weiss Ratings raised BWX Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 25th. Three investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $206.36.

BWX Technologies Stock Down 1.8%

Shares of BWXT stock opened at $194.34 on Friday. BWX Technologies, Inc. has a one year low of $84.21 and a one year high of $220.57. The company has a debt-to-equity ratio of 1.64, a current ratio of 2.32 and a quick ratio of 2.25. The stock has a fifty day moving average price of $203.19 and a 200 day moving average price of $189.75. The stock has a market cap of $17.77 billion, a P/E ratio of 54.44, a price-to-earnings-growth ratio of 3.17 and a beta of 0.83.

BWX Technologies (NYSE:BWXT) last announced its quarterly earnings results on Monday, February 23rd. The technology company reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.17. BWX Technologies had a net margin of 10.28% and a return on equity of 30.94%. The firm had revenue of $885.84 million for the quarter, compared to analyst estimates of $837.47 million. During the same quarter in the previous year, the firm posted $0.92 EPS. The business’s revenue for the quarter was up 18.7% on a year-over-year basis. BWX Technologies has set its FY 2026 guidance at 4.550-4.700 EPS. Analysts predict that BWX Technologies, Inc. will post 3.23 earnings per share for the current year.

BWX Technologies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Wednesday, March 11th will be paid a $0.27 dividend. The ex-dividend date of this dividend is Wednesday, March 11th. This is an increase from BWX Technologies’s previous quarterly dividend of $0.25. This represents a $1.08 dividend on an annualized basis and a yield of 0.6%. BWX Technologies’s payout ratio is presently 30.25%.

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.