Compass Wealth Management LLC Sells 3,565 Shares of BWX Technologies, Inc. $BWXT

Compass Wealth Management LLC cut its stake in BWX Technologies, Inc. (NYSE:BWXT) by 10.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 31,885 shares of the technology company’s stock after selling 3,565 shares during the quarter. Compass Wealth Management LLC’s holdings in BWX Technologies were worth $5,879,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Invesco Ltd. grew its holdings in BWX Technologies by 139.0% during 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 bought a new position in shares of BWX Technologies during the second quarter worth $183,859,000. Massachusetts Financial Services Co. MA grew its holdings in shares of 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. increased its position in shares of BWX Technologies by 15.6% in the 2nd quarter. Mawer Investment Management Ltd. now owns 900,449 shares of the technology company’s stock valued at $129,719,000 after buying an additional 121,498 shares in the last quarter. Finally, Raymond James Financial Inc. raised its stake 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 period. 94.39% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at BWX Technologies

In other news, CEO Rex D. Geveden sold 10,000 shares of the firm’s stock in a transaction dated Thursday, February 12th. The stock was 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 in the company, valued at $36,097,756.44. This trade represents a 5.33% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.47% of the stock is currently owned by corporate insiders.

BWX Technologies Trading Up 3.3%

NYSE:BWXT opened at $208.98 on Friday. The company has a market cap of $19.11 billion, a P/E ratio of 62.76, a price-to-earnings-growth ratio of 3.25 and a beta of 0.84. BWX Technologies, Inc. has a twelve month low of $84.21 and a twelve month high of $220.57. The business has a 50 day moving average price of $194.52 and a two-hundred day moving average price of $186.20. The company has a quick ratio of 1.62, a current ratio of 1.71 and a debt-to-equity ratio of 1.21.

Analysts Set New Price Targets

A number of research analysts have issued reports on BWXT shares. Northland Securities set a $225.00 target price on BWX Technologies in a research note on Tuesday, November 4th. CJS Securities upgraded BWX Technologies to a “strong-buy” rating in a report on Friday, December 12th. Bank of America boosted 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. Wall Street Zen upgraded shares of BWX Technologies from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Finally, BTIG Research lifted their price target on shares of BWX Technologies from $200.00 to $225.00 and gave the company a “buy” rating in a research note on Friday, November 7th. Three investment 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. According to MarketBeat.com, BWX Technologies has an average rating of “Moderate Buy” and an average price target of $199.20.

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.