Barrow Hanley Mewhinney & Strauss LLC reduced its position in shares of BWX Technologies, Inc. (NYSE:BWXT – Free Report) by 46.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 522,013 shares of the technology company’s stock after selling 451,537 shares during the quarter. Barrow Hanley Mewhinney & Strauss LLC owned about 0.57% of BWX Technologies worth $96,244,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors also recently added to or reduced their stakes in the business. WFA of San Diego LLC acquired a new position in BWX Technologies in the second quarter valued at approximately $29,000. Global Trust Asset Management LLC acquired a new stake in BWX Technologies during the 3rd quarter worth $32,000. Quent Capital LLC acquired a new stake in BWX Technologies during the 3rd quarter worth $43,000. Root Financial Partners LLC bought a new stake in shares of BWX Technologies during the 3rd quarter valued at $51,000. Finally, HM Payson & Co. acquired a new position in shares of BWX Technologies in the 3rd quarter valued at $52,000. 94.39% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of equities research analysts recently commented on the company. BTIG Research upped their price objective on BWX Technologies from $225.00 to $235.00 and gave the company a “buy” rating in a report on Thursday, February 26th. Zacks Research upgraded BWX Technologies from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 21st. CJS Securities upgraded BWX Technologies to a “strong-buy” rating in a research report on Friday, December 12th. Weiss Ratings upgraded shares of BWX Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 25th. Finally, Wall Street Zen lowered shares of BWX Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Three investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $200.45.
Insider Buying and Selling
In other BWX Technologies news, CEO Rex D. Geveden sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $203.26, for a total transaction of $2,032,600.00. Following the completion of the sale, the chief executive officer directly owned 177,594 shares in the company, valued at $36,097,756.44. This trade represents a 5.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Gerhard F. Burbach sold 1,983 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $208.61, for a total value of $413,673.63. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 13,327 shares of company stock valued at $2,734,844. 0.47% of the stock is owned by insiders.
BWX Technologies Stock Performance
Shares of BWX Technologies stock opened at $195.86 on Wednesday. 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 firm has a market cap of $17.91 billion, a price-to-earnings ratio of 54.86, a price-to-earnings-growth ratio of 3.27 and a beta of 0.83. The stock’s 50-day moving average is $201.97 and its 200-day moving average is $189.26. BWX Technologies, Inc. has a one year low of $84.21 and a one year high of $220.57.
BWX Technologies (NYSE:BWXT – Get Free Report) last released its earnings results on Monday, February 23rd. The technology company reported $1.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.91 by $0.17. The business had revenue of $885.84 million during the quarter, compared to the consensus estimate of $837.47 million. BWX Technologies had a net margin of 10.28% and a return on equity of 30.94%. The firm’s revenue for the quarter was up 18.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.92 earnings per share. BWX Technologies has set its FY 2026 guidance at 4.550-4.700 EPS. Equities analysts predict that BWX Technologies, Inc. will post 3.23 earnings per share for the current fiscal year.
BWX Technologies Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Wednesday, March 11th will be paid a dividend of $0.27 per share. The ex-dividend date is Wednesday, March 11th. This represents a $1.08 annualized dividend and a dividend yield of 0.6%. This is an increase from BWX Technologies’s previous quarterly dividend of $0.25. BWX Technologies’s dividend payout ratio is presently 28.01%.
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.
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