BWX Technologies, Inc. (NYSE:BWXT) Shares Sold by Janus Henderson Group PLC

Janus Henderson Group PLC reduced its stake in shares of BWX Technologies, Inc. (NYSE:BWXT - Free Report) by 9.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 350,624 shares of the technology company's stock after selling 35,286 shares during the quarter. Janus Henderson Group PLC owned 0.38% of BWX Technologies worth $39,053,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. Demars Financial Group LLC boosted its stake in shares of BWX Technologies by 9,309.0% in the fourth quarter. Demars Financial Group LLC now owns 4,482,439 shares of the technology company's stock worth $499,299,000 after acquiring an additional 4,434,799 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of BWX Technologies in the fourth quarter worth approximately $69,730,000. Balyasny Asset Management L.P. boosted its stake in shares of BWX Technologies by 204.8% in the fourth quarter. Balyasny Asset Management L.P. now owns 916,323 shares of the technology company's stock worth $102,069,000 after acquiring an additional 615,693 shares during the last quarter. Stephens Investment Management Group LLC acquired a new stake in shares of BWX Technologies in the fourth quarter worth approximately $50,054,000. Finally, Van ECK Associates Corp boosted its stake in shares of BWX Technologies by 46.7% in the fourth quarter. Van ECK Associates Corp now owns 1,408,736 shares of the technology company's stock worth $156,919,000 after acquiring an additional 448,467 shares during the last quarter. 94.39% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on BWXT shares. Maxim Group lowered their price objective on BWX Technologies from $140.00 to $136.00 and set a "buy" rating on the stock in a research note on Thursday, May 8th. Seaport Res Ptn raised BWX Technologies to a "strong-buy" rating in a research note on Tuesday, April 1st. Finally, Bank of America lowered their price objective on BWX Technologies from $160.00 to $135.00 and set a "buy" rating on the stock in a research note on Wednesday, March 26th. One analyst has rated the stock with a sell rating, two have issued a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, BWX Technologies currently has a consensus rating of "Moderate Buy" and a consensus price target of $123.88.

Insiders Place Their Bets

In other BWX Technologies news, CEO Rex D. Geveden sold 45,625 shares of the company's stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $107.40, for a total transaction of $4,900,125.00. Following the sale, the chief executive officer now owns 218,218 shares in the company, valued at $23,436,613.20. This represents a 17.29% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Robert L. Duffy sold 6,000 shares of the company's stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $104.03, for a total value of $624,180.00. Following the sale, the senior vice president now owns 3,206 shares in the company, valued at approximately $333,520.18. This trade represents a 65.17% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 53,625 shares of company stock worth $5,734,145 in the last quarter. 0.47% of the stock is owned by company insiders.

BWX Technologies Trading Up 0.3%

NYSE:BWXT traded up $0.29 on Monday, reaching $109.73. The company's stock had a trading volume of 250,142 shares, compared to its average volume of 800,948. BWX Technologies, Inc. has a 12-month low of $84.21 and a 12-month high of $136.31. The company has a quick ratio of 2.25, a current ratio of 2.25 and a debt-to-equity ratio of 1.15. The firm has a market cap of $10.03 billion, a price-to-earnings ratio of 36.33, a price-to-earnings-growth ratio of 3.20 and a beta of 0.66. The stock has a 50 day moving average price of $103.21 and a 200 day moving average price of $111.96.

BWX Technologies (NYSE:BWXT - Get Free Report) last posted its quarterly earnings data on Monday, May 5th. The technology company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.18. The firm had revenue of $682.26 million for the quarter, compared to the consensus estimate of $644.15 million. BWX Technologies had a return on equity of 31.95% and a net margin of 10.32%. The company's quarterly revenue was up 13.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.76 EPS. On average, equities analysts anticipate that BWX Technologies, Inc. will post 3.23 EPS for the current fiscal year.

BWX Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Monday, May 19th will be issued a dividend of $0.25 per share. The ex-dividend date is Monday, May 19th. This represents a $1.00 annualized dividend and a yield of 0.91%. BWX Technologies's dividend payout ratio (DPR) is 31.85%.

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.