Nebula Research & Development LLC Has $573,000 Stock Holdings in BWX Technologies, Inc. (NYSE:BWXT)

Nebula Research & Development LLC decreased its position in shares of BWX Technologies, Inc. (NYSE:BWXT - Free Report) by 78.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,146 shares of the technology company's stock after selling 18,408 shares during the period. Nebula Research & Development LLC's holdings in BWX Technologies were worth $573,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Retirement Wealth Solutions LLC bought a new stake in BWX Technologies in the fourth quarter worth $30,000. HHM Wealth Advisors LLC boosted its stake in shares of BWX Technologies by 45.0% during the 4th quarter. HHM Wealth Advisors LLC now owns 290 shares of the technology company's stock worth $32,000 after acquiring an additional 90 shares in the last quarter. Principal Securities Inc. increased its holdings in shares of BWX Technologies by 40.4% during the 4th quarter. Principal Securities Inc. now owns 316 shares of the technology company's stock valued at $35,000 after acquiring an additional 91 shares during the last quarter. V Square Quantitative Management LLC lifted its holdings in BWX Technologies by 40.5% in the 4th quarter. V Square Quantitative Management LLC now owns 406 shares of the technology company's stock worth $45,000 after purchasing an additional 117 shares during the last quarter. Finally, UMB Bank n.a. boosted its position in BWX Technologies by 97.3% during the fourth quarter. UMB Bank n.a. now owns 507 shares of the technology company's stock worth $56,000 after purchasing an additional 250 shares during the period. Hedge funds and other institutional investors own 94.39% of the company's stock.

BWX Technologies Trading Up 1.3 %

BWXT stock traded up $1.47 during midday trading on Friday, reaching $112.59. The stock had a trading volume of 753,449 shares, compared to its average volume of 788,433. The firm has a market cap of $10.29 billion, a price-to-earnings ratio of 37.28, a PEG ratio of 3.20 and a beta of 0.66. The company has a quick ratio of 2.25, a current ratio of 2.25 and a debt-to-equity ratio of 1.15. BWX Technologies, Inc. has a twelve month low of $84.21 and a twelve month high of $136.31. The business has a fifty day simple moving average of $101.77 and a two-hundred day simple moving average of $113.05.

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

BWX Technologies Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Tuesday, March 11th were issued a dividend of $0.25 per share. 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 payout ratio is presently 32.57%.

Insider Activity at BWX Technologies

In other news, SVP Ronald Owen Whitford, Jr. sold 2,000 shares of the stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $104.92, for a total transaction of $209,840.00. Following the transaction, the senior vice president now owns 9,904 shares in the company, valued at approximately $1,039,127.68. This trade represents a 16.80 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Rex D. Geveden sold 45,625 shares of the company's stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $107.40, for a total transaction of $4,900,125.00. Following the completion of the transaction, the chief executive officer now owns 218,218 shares in the company, valued at $23,436,613.20. This trade represents a 17.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 53,625 shares of company stock worth $5,734,145. Insiders own 0.47% of the company's stock.

Analyst Ratings Changes

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

BWX Technologies 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.