Covestor Ltd Has $37,000 Holdings in BWX Technologies, Inc. $BWXT

Covestor Ltd decreased its stake in shares of BWX Technologies, Inc. (NYSE:BWXT) by 94.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 203 shares of the technology company’s stock after selling 3,243 shares during the period. Covestor Ltd’s holdings in BWX Technologies were worth $37,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Invesco Ltd. raised its stake in shares of BWX Technologies by 139.0% in the 2nd quarter. Invesco Ltd. now owns 1,592,380 shares of the technology company’s stock valued at $229,398,000 after purchasing an additional 926,117 shares during the period. Valeo Financial Advisors LLC raised its position in BWX Technologies by 33,572.0% in the 2nd quarter. Valeo Financial Advisors LLC now owns 1,517,599 shares of the technology company’s stock valued at $2,228,000 after buying an additional 1,513,092 shares during the last quarter. William Blair Investment Management LLC raised its position in BWX Technologies by 523.2% in the 2nd quarter. William Blair Investment Management LLC now owns 1,517,356 shares of the technology company’s stock valued at $218,590,000 after buying an additional 1,273,895 shares during the last quarter. Artisan Partners Limited Partnership bought a new stake in BWX Technologies in the 2nd quarter valued at approximately $183,859,000. Finally, Massachusetts Financial Services Co. MA boosted its position in BWX Technologies by 26.0% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,159,033 shares of the technology company’s stock worth $213,691,000 after acquiring an additional 239,292 shares during the last quarter. 94.39% of the stock is owned by institutional investors.

Insider Activity at BWX Technologies

In other news, CEO Rex D. Geveden sold 10,000 shares of BWX Technologies stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $197.90, for a total transaction of $1,979,000.00. Following the completion of the transaction, the chief executive officer directly owned 187,594 shares in the company, valued at approximately $37,124,852.60. The trade was a 5.06% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.47% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on BWXT shares. Deutsche Bank Aktiengesellschaft set a $180.00 price objective on shares of BWX Technologies and gave the company a “hold” rating in a report on Wednesday, October 8th. Northland Securities set a $225.00 price target on shares of BWX Technologies in a research note on Tuesday, November 4th. Bank of America boosted their price target on shares of BWX Technologies from $220.00 to $230.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. Wedbush restated an “outperform” rating on shares of BWX Technologies in a report on Wednesday, October 1st. Finally, BNP Paribas Exane raised BWX Technologies to a “hold” rating in a research report on Thursday, January 15th. Three investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, BWX Technologies has an average rating of “Moderate Buy” and an average price target of $199.20.

BWX Technologies Stock Performance

Shares of BWXT opened at $216.30 on Thursday. The company has a market cap of $19.78 billion, a PE ratio of 64.96, a price-to-earnings-growth ratio of 3.41 and a beta of 0.86. The firm has a 50-day moving average of $186.81 and a 200-day moving average of $180.19. 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 1.21, a current ratio of 1.71 and a quick ratio of 1.62.

BWX Technologies (NYSE:BWXT) last issued 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. BWX Technologies had a net margin of 10.04% and a return on equity of 30.70%. The business had revenue of $866.29 million during the quarter, compared to the consensus estimate of $795.48 million. During the same period last year, the business posted $0.83 EPS. BWX Technologies’s revenue was up 28.9% on a year-over-year basis. BWX Technologies has set its FY 2025 guidance at 3.750-3.800 EPS. As a group, equities analysts forecast that BWX Technologies, Inc. will post 3.23 earnings per share for the current year.

BWX Technologies 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.