3,893 Shares in BWX Technologies, Inc. (NYSE:BWXT) Acquired by Oxford Asset Management LLP

Oxford Asset Management LLP acquired a new stake in BWX Technologies, Inc. (NYSE:BWXT - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 3,893 shares of the technology company's stock, valued at approximately $434,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of BWXT. Susquehanna Fundamental Investments LLC acquired a new position in BWX Technologies during the 4th quarter worth approximately $14,069,000. Coldstream Capital Management Inc. lifted its position in shares of BWX Technologies by 11.8% during the fourth quarter. Coldstream Capital Management Inc. now owns 2,868 shares of the technology company's stock worth $319,000 after purchasing an additional 303 shares in the last quarter. Voya Investment Management LLC lifted its position in shares of BWX Technologies by 34.9% during the fourth quarter. Voya Investment Management LLC now owns 26,550 shares of the technology company's stock worth $2,957,000 after purchasing an additional 6,862 shares in the last quarter. Coppell Advisory Solutions LLC grew its holdings in BWX Technologies by 6.4% during the 4th quarter. Coppell Advisory Solutions LLC now owns 4,225 shares of the technology company's stock valued at $474,000 after purchasing an additional 254 shares in the last quarter. Finally, Pinebridge Investments L.P. increased its stake in BWX Technologies by 16.4% during the 4th quarter. Pinebridge Investments L.P. now owns 73,421 shares of the technology company's stock worth $8,178,000 after buying an additional 10,343 shares during the period. Institutional investors and hedge funds own 94.39% of the company's stock.

BWX Technologies Stock Performance

Shares of BWX Technologies stock traded up $1.73 during trading on Friday, hitting $112.85. 403,314 shares of the stock were exchanged, compared to its average volume of 785,793. The stock has a market cap of $10.31 billion, a PE ratio of 37.37, a P/E/G ratio of 3.20 and a beta of 0.67. The stock's fifty day moving average is $101.60 and its 200 day moving average is $113.26. BWX Technologies, Inc. has a 12 month low of $84.21 and a 12 month high of $136.31. The company has a debt-to-equity ratio of 1.15, a quick ratio of 2.25 and a current ratio of 2.25.

BWX Technologies (NYSE:BWXT - Get Free Report) last announced its earnings results on Monday, February 24th. The technology company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.12. The firm had revenue of $746.27 million for the quarter, compared to the consensus estimate of $653.16 million. BWX Technologies had a return on equity of 31.95% and a net margin of 10.32%. As a group, sell-side analysts anticipate that BWX Technologies, Inc. will post 3.23 EPS for the current year.

BWX Technologies Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Tuesday, March 11th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.89%. This is an increase from BWX Technologies's previous quarterly dividend of $0.24. The ex-dividend date of this dividend was Tuesday, March 11th. BWX Technologies's dividend payout ratio is presently 32.57%.

Insider Activity

In other news, SVP Robert L. Duffy sold 6,000 shares of BWX Technologies stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $104.03, for a total transaction of $624,180.00. Following the transaction, the senior vice president now owns 3,206 shares in the company, valued at approximately $333,520.18. The trade was a 65.17 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Ronald Owen Whitford, Jr. sold 2,000 shares of the company's stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $104.92, for a total value of $209,840.00. Following the completion of the transaction, the senior vice president now owns 9,904 shares in the company, valued at $1,039,127.68. This represents a 16.80 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 53,625 shares of company stock worth $5,734,145. Corporate insiders own 0.47% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on BWXT shares. Seaport Res Ptn raised shares of BWX Technologies to a "strong-buy" rating in a research report on Tuesday, April 1st. Truist Financial raised their price objective on BWX Technologies from $106.00 to $114.00 and gave the company a "hold" rating in a research note on Tuesday, January 14th. Maxim Group increased their target price on BWX Technologies from $138.00 to $140.00 and gave the company a "buy" rating in a research note on Friday, January 10th. Finally, Bank of America dropped their target price on shares of BWX Technologies from $160.00 to $135.00 and set a "buy" rating for the company in a research report on Wednesday, March 26th. One analyst has rated the stock with a sell rating, two have given a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $124.38.

About BWX Technologies

BWX Technologies, Inc, together with its subsidiaries, manufactures and sells nuclear components in the United States, Canada, and internationally. It operates through two segments, Government Operations and Commercial Operations. The Government Operations segment designs and manufactures naval nuclear components, reactors, and nuclear fuel; fabrication activities; and supplies proprietary and sole-source valves, manifolds, and fittings to naval and commercial shipping customers.