BWX Technologies (NYSE:BWXT) Upgraded at Zacks Research

Zacks Research upgraded shares of BWX Technologies (NYSE:BWXT) from a hold rating to a strong-buy rating in a research report released on Wednesday morning,Zacks.com reports.

Several other research firms have also recently weighed in on BWXT. Exane BNP Paribas raised shares of BWX Technologies to a “hold” rating in a report on Thursday, January 15th. Northland Securities set a $225.00 price target on BWX Technologies in a research note on Tuesday, November 4th. BTIG Research upped their price objective on BWX Technologies from $200.00 to $225.00 and gave the stock a “buy” rating in a report on Friday, November 7th. Bank of America increased their price objective on BWX Technologies from $220.00 to $230.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. Finally, Truist Financial set a $205.00 target price on BWX Technologies in a research report on Friday, January 9th. Three investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $199.20.

BWX Technologies Stock Performance

Shares of BWX Technologies stock opened at $207.76 on Wednesday. The company has a market cap of $19.00 billion, a PE ratio of 62.39, a price-to-earnings-growth ratio of 3.31 and a beta of 0.86. The business has a 50 day moving average price of $184.75 and a 200-day moving average price of $178.34. BWX Technologies has a 52 week low of $84.21 and a 52 week high of $220.57. 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 (NYSE:BWXT) last announced its earnings results on Monday, November 3rd. The technology company reported $1.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.15. The firm had revenue of $866.29 million during the quarter, compared to analyst estimates of $795.48 million. BWX Technologies had a return on equity of 30.70% and a net margin of 10.04%.The business’s revenue was up 28.9% compared to the same quarter last year. During the same period last year, the firm posted $0.83 EPS. BWX Technologies has set its FY 2025 guidance at 3.750-3.800 EPS. Equities analysts anticipate that BWX Technologies will post 3.23 earnings per share for the current fiscal year.

BWX Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Wednesday, November 19th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Wednesday, November 19th. BWX Technologies’s dividend payout ratio (DPR) is 30.03%.

Insider Buying and Selling

In other BWX Technologies news, CEO Rex D. Geveden sold 10,000 shares of BWX Technologies stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $197.90, for a total value of $1,979,000.00. Following the completion of the sale, the chief executive officer owned 187,594 shares of the company’s stock, valued at approximately $37,124,852.60. This trade represents a 5.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.47% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Goldman Sachs Group Inc. raised its holdings in BWX Technologies by 0.3% during the first quarter. Goldman Sachs Group Inc. now owns 141,680 shares of the technology company’s stock valued at $13,977,000 after acquiring an additional 371 shares during the period. Caxton Associates LLP purchased a new stake in shares of BWX Technologies during the first quarter worth about $304,000. U.S. Capital Wealth Advisors LLC bought a new stake in BWX Technologies during the 2nd quarter valued at approximately $749,000. GAMMA Investing LLC lifted its holdings in BWX Technologies by 29.6% in the 2nd quarter. GAMMA Investing LLC now owns 2,071 shares of the technology company’s stock worth $298,000 after purchasing an additional 473 shares in the last quarter. Finally, Ballentine Partners LLC bought a new position in BWX Technologies in the 2nd quarter worth approximately $275,000. 94.39% of the stock is owned by hedge funds and other institutional investors.

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.