BWX Technologies, Inc. (NYSE:BWXT) Receives $154.51 Average PT from Analysts

Key Points

• BWX Technologies, Inc. has received a consensus rating of "Moderate Buy" from nine research firms, with a 12-month price target averaging $154.51.
• The company reported $1.02 EPS for the last quarter, surpassing estimates, and revenue increased by 12.1% year-over-year, hitting $764 million.
• A quarterly dividend of $0.25 will be paid on September 5th, representing an annual yield of 0.6% and a payout ratio of 31.25%.

Shares of BWX Technologies, Inc. (NYSE:BWXT - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the nine research firms that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $154.5143.

Several equities analysts have commented on BWXT shares. CLSA reiterated an "outperform" rating and issued a $177.60 price objective (up from $153.00) on shares of BWX Technologies in a report on Tuesday, May 27th. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a $150.00 target price (up previously from $119.00) on shares of BWX Technologies in a report on Tuesday, July 8th. Wall Street Zen cut shares of BWX Technologies from a "buy" rating to a "hold" rating in a report on Saturday, August 9th. Bank of America boosted their price objective on BWX Technologies from $155.00 to $220.00 and gave the stock a "buy" rating in a report on Wednesday, August 13th. Finally, Maxim Group reaffirmed a "hold" rating on shares of BWX Technologies in a research report on Wednesday, August 6th.

Insider Buying and Selling at BWX Technologies

In related news, CEO Rex D. Geveden sold 25,000 shares of the 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Ronald Owen Whitford, Jr. sold 2,092 shares of the firm's stock in a transaction on Monday, August 11th. The stock was sold at an average price of $177.43, for a total value of $371,183.56. Following the transaction, the senior vice president owned 10,149 shares in the company, valued at approximately $1,800,737.07. This trade represents a 17.09% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 29,953 shares of company stock worth $5,359,758. 0.47% of the stock is currently owned by company insiders.

Institutional Trading of BWX Technologies

Several large investors have recently modified their holdings of BWXT. Creative Financial Designs Inc. ADV grew its stake in BWX Technologies by 250.0% during the second quarter. Creative Financial Designs Inc. ADV now owns 175 shares of the technology company's stock worth $25,000 after buying an additional 125 shares in the last quarter. Hantz Financial Services Inc. lifted its holdings in shares of BWX Technologies by 861.9% during the 2nd quarter. Hantz Financial Services Inc. now owns 202 shares of the technology company's stock worth $29,000 after acquiring an additional 181 shares during the period. WFA of San Diego LLC acquired a new stake in shares of BWX Technologies during the 2nd quarter worth approximately $29,000. Stone House Investment Management LLC acquired a new stake in shares of BWX Technologies during the 1st quarter worth approximately $31,000. Finally, Compass Financial Services Inc bought a new position in BWX Technologies in the first quarter valued at approximately $33,000. 94.39% of the stock is owned by institutional investors and hedge funds.

BWX Technologies Stock Performance

NYSE BWXT traded down $0.26 during trading on Friday, reaching $162.83. 1,073,651 shares of the company's stock were exchanged, compared to its average volume of 1,417,875. 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 business has a 50 day moving average price of $152.10 and a 200-day moving average price of $123.73. The stock has a market capitalization of $14.88 billion, a P/E ratio of 44.32, a PEG ratio of 3.69 and a beta of 0.73. BWX Technologies has a fifty-two week low of $84.21 and a fifty-two week high of $189.25.

BWX Technologies (NYSE:BWXT - Get Free Report) last issued its earnings results on Monday, August 4th. The technology company reported $1.02 EPS for the quarter, topping the consensus estimate of $0.79 by $0.23. The company 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 for the quarter was up 12.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.82 EPS. BWX Technologies has set its FY 2025 guidance at 3.650-3.750 EPS. Sell-side analysts forecast that BWX Technologies will post 3.23 earnings per share for the current fiscal year.

BWX Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 5th. Shareholders of record on Monday, August 18th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Monday, August 18th. This represents a $1.00 dividend on an annualized basis and a yield of 0.6%. BWX Technologies's payout ratio is currently 31.25%.

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.