Fiera Capital Corp Lowers Stock Holdings in BWX Technologies, Inc. $BWXT

Fiera Capital Corp lessened its stake in BWX Technologies, Inc. (NYSE:BWXT) by 2.3% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 544,634 shares of the technology company’s stock after selling 12,648 shares during the period. Fiera Capital Corp owned 0.60% of BWX Technologies worth $100,414,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Invesco Ltd. increased its holdings in shares of BWX Technologies by 139.0% in the second 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. Artisan Partners Limited Partnership purchased a new position in BWX Technologies in the 2nd quarter valued at $183,859,000. Massachusetts Financial Services Co. MA increased its stake in BWX Technologies by 26.0% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,159,033 shares of the technology company’s stock valued at $213,691,000 after buying an additional 239,292 shares during the period. Mawer Investment Management Ltd. raised its position in BWX Technologies by 15.6% during the 2nd quarter. Mawer Investment Management Ltd. now owns 900,449 shares of the technology company’s stock worth $129,719,000 after buying an additional 121,498 shares during the last quarter. Finally, Raymond James Financial Inc. raised its position in BWX Technologies by 7.9% during the 2nd quarter. Raymond James Financial Inc. now owns 707,602 shares of the technology company’s stock worth $101,937,000 after buying an additional 51,998 shares during the last quarter. 94.39% of the stock is owned by institutional investors and hedge funds.

BWX Technologies Stock Performance

Shares of BWXT stock opened at $208.98 on Friday. The stock has a fifty day moving average price of $194.52 and a 200 day moving average price of $186.20. The company has a debt-to-equity ratio of 1.21, a quick ratio of 1.62 and a current ratio of 1.71. The stock has a market cap of $19.11 billion, a PE ratio of 62.76, a P/E/G ratio of 3.25 and a beta of 0.84. BWX Technologies, Inc. has a 1 year low of $84.21 and a 1 year high of $220.57.

Insider Buying and Selling at BWX Technologies

In related 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 transaction of $2,032,600.00. Following the completion of the transaction, the chief executive officer directly owned 177,594 shares in the company, valued at $36,097,756.44. The trade was a 5.33% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.47% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several brokerages have recently weighed in on BWXT. Truist Financial set a $205.00 target price on shares of BWX Technologies in a report on Friday, January 9th. Northland Securities set a $225.00 price objective on BWX Technologies in a report on Tuesday, November 4th. CJS Securities upgraded BWX Technologies to a “strong-buy” rating in a research report on Friday, December 12th. Bank of America raised their price target on BWX Technologies from $220.00 to $230.00 and gave the company a “buy” rating in a report on Thursday, November 13th. Finally, BTIG Research lifted their price target on BWX Technologies from $200.00 to $225.00 and gave the company a “buy” rating in a research note on Friday, November 7th. Three equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, BWX Technologies has an average rating of “Moderate Buy” and a consensus target price of $199.20.

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.