BWX Technologies, Inc. (NYSE:BWXT) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Key Points

• BWX Technologies has received a consensus recommendation of "Moderate Buy" from eleven analysts, with an average 1-year price target of $160.83.
• Recent insider transactions include SVP Ronald Owen Whitford selling 2,092 shares and CEO Rex D. Geveden selling 25,000 shares, indicating a decrease in their positions of 17.09% and 11.23%, respectively.
• BWX Technologies reported $1.02 EPS for the latest quarter, exceeding analyst estimates, and set a FY 2025 EPS guidance of 3.650-3.750.

BWX Technologies, Inc. (NYSE:BWXT - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the eleven analysts that are covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, five have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $160.8250.

Several equities analysts have recently weighed in on BWXT shares. Truist Financial set a $145.00 price target on shares of BWX Technologies and gave the stock a "hold" rating in a research note on Tuesday, August 5th. Northland Capmk upgraded shares of BWX Technologies to a "strong-buy" rating in a report on Tuesday, September 9th. Deutsche Bank Aktiengesellschaft restated a "hold" rating and set a $150.00 target price (up from $119.00) on shares of BWX Technologies in a report on Tuesday, July 8th. Maxim Group reaffirmed a "hold" rating on shares of BWX Technologies in a report on Wednesday, August 6th. Finally, Bank of America lifted their price objective on BWX Technologies from $155.00 to $220.00 and gave the stock a "buy" rating in a research report on Wednesday, August 13th.

Insider Activity

In other BWX Technologies news, SVP Ronald Owen Whitford, Jr. sold 2,092 shares of the business's stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $177.43, for a total value of $371,183.56. Following the transaction, the senior vice president directly owned 10,149 shares in the company, valued at $1,800,737.07. The trade was a 17.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Rex D. Geveden sold 25,000 shares of the firm's stock in a transaction that occurred on Wednesday, August 6th. The stock was sold at an average price of $179.00, for a total transaction of $4,475,000.00. Following the sale, the chief executive officer owned 197,594 shares of the company's stock, valued at $35,369,326. This represents a 11.23% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 29,953 shares of company stock valued at $5,359,758 in the last ninety days. 0.47% of the stock is currently owned by company insiders.

Institutional Trading of BWX Technologies

Several institutional investors and hedge funds have recently bought and sold shares of BWXT. Vanguard Group Inc. raised its holdings in shares of BWX Technologies by 2.1% in the 1st quarter. Vanguard Group Inc. now owns 9,404,287 shares of the technology company's stock valued at $927,733,000 after buying an additional 192,363 shares during the period. T. Rowe Price Investment Management Inc. boosted its holdings in BWX Technologies by 19.7% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 4,503,679 shares of the technology company's stock valued at $444,288,000 after acquiring an additional 741,282 shares during the period. Invesco Ltd. grew its position in 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 acquiring an additional 926,117 shares in the last quarter. Valeo Financial Advisors LLC increased its stake in BWX Technologies by 33,572.0% during the second quarter. Valeo Financial Advisors LLC now owns 1,517,599 shares of the technology company's stock worth $2,228,000 after purchasing an additional 1,513,092 shares during the period. Finally, William Blair Investment Management LLC lifted its position in shares of BWX Technologies by 523.2% during the second quarter. William Blair Investment Management LLC now owns 1,517,356 shares of the technology company's stock worth $218,590,000 after purchasing an additional 1,273,895 shares in the last quarter. 94.39% of the stock is currently owned by hedge funds and other institutional investors.

BWX Technologies Stock Performance

NYSE BWXT opened at $177.00 on Wednesday. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.69 and a quick ratio of 1.60. The stock's 50 day simple moving average is $159.66 and its 200-day simple moving average is $130.21. The company has a market cap of $16.18 billion, a PE ratio of 55.31, a price-to-earnings-growth ratio of 3.95 and a beta of 0.75. BWX Technologies has a 1-year low of $84.21 and a 1-year high of $189.25.

BWX Technologies (NYSE:BWXT - Get Free Report) last posted its quarterly earnings data on Monday, August 4th. The technology company reported $1.02 EPS for the quarter, beating the consensus estimate of $0.79 by $0.23. The firm had revenue of $764.00 million during the quarter, compared to the consensus estimate of $708.00 million. BWX Technologies had a return on equity of 30.61% and a net margin of 10.28%.The firm's revenue was up 12.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.82 EPS. BWX Technologies has set its FY 2025 guidance at 3.650-3.750 EPS. As a group, equities research analysts anticipate that BWX Technologies will post 3.23 EPS for the current fiscal year.

BWX Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 5th. Stockholders of record on Monday, August 18th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, August 18th. This represents a $1.00 annualized dividend and a dividend yield of 0.6%. BWX Technologies's payout ratio is presently 31.25%.

BWX Technologies Company Profile

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.

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