BWX Technologies (NYSE:BWXT) Hits New 12-Month High - Should You Buy?

Key Points

• BWX Technologies' stock recently reached a new 52-week high of $199.78, up from a previous close of $190.08, with strong trading volume of 865,047 shares.
• The company has received mixed ratings from analysts, with target prices ranging from $145.00 to $220.00, resulting in an average rating of Moderate Buy and a target price of $164.58.
• BWX Technologies recently announced a quarterly dividend of $0.25 per share, translating to an annual yield of 0.5%, with a payout ratio of 31.25%.

Shares of BWX Technologies, Inc. (NYSE:BWXT - Get Free Report) reached a new 52-week high on Tuesday . The company traded as high as $199.78 and last traded at $197.87, with a volume of 865047 shares. The stock had previously closed at $190.08.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Truist Financial set a $145.00 target price on BWX Technologies and gave the stock a "hold" rating in a research report on Tuesday, August 5th. Bank of America boosted their target price on BWX Technologies from $155.00 to $220.00 and gave the stock a "buy" rating in a research report on Wednesday, August 13th. Weiss Ratings downgraded BWX Technologies from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft set a $180.00 target price on BWX Technologies and gave the stock a "hold" rating in a research report on Wednesday, October 8th. Finally, William Blair restated an "outperform" rating on shares of BWX Technologies in a research report on Wednesday, September 17th. Three equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, BWX Technologies currently has an average rating of "Moderate Buy" and an average target price of $164.58.

BWX Technologies Price Performance

The company has a market capitalization of $18.09 billion, a price-to-earnings ratio of 61.83, a price-to-earnings-growth ratio of 3.78 and a beta of 0.78. The company has a 50-day moving average price of $174.83 and a 200-day moving average price of $141.54. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.60 and a current ratio of 1.69.

BWX Technologies (NYSE:BWXT - Get Free Report) last posted its earnings results on Monday, August 4th. The technology company reported $1.02 earnings per share (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 analyst estimates of $708.00 million. BWX Technologies had a return on equity of 30.61% and a net margin of 10.28%.The company'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 earned $0.82 EPS. BWX Technologies has set its FY 2025 guidance at 3.650-3.750 EPS. On average, equities research analysts expect that BWX Technologies, Inc. will post 3.23 EPS for the current fiscal year.

BWX Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 5th. Shareholders of record on Monday, August 18th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Monday, August 18th. BWX Technologies's payout ratio is presently 31.25%.

Insiders Place Their Bets

In other BWX Technologies news, SVP Omar Fathi Meguid sold 2,261 shares of the business's stock in a transaction dated Wednesday, August 6th. The stock was sold at an average price of $179.84, for a total value of $406,618.24. Following the completion of the transaction, the senior vice president directly owned 2,361 shares of the company's stock, valued at approximately $424,602.24. The trade was a 48.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Rex D. Geveden sold 25,000 shares of the business's stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $179.00, for a total value of $4,475,000.00. Following the completion of the transaction, the chief executive officer directly owned 197,594 shares of the company's stock, valued at approximately $35,369,326. The trade was a 11.23% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 29,953 shares of company stock valued at $5,359,758 in the last three months. Insiders own 0.47% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its stake in BWX Technologies by 2.1% in the first quarter. Vanguard Group Inc. now owns 9,404,287 shares of the technology company's stock valued at $927,733,000 after acquiring an additional 192,363 shares during the period. T. Rowe Price Investment Management Inc. boosted its position in shares of BWX Technologies by 19.7% during the first quarter. T. Rowe Price Investment Management Inc. now owns 4,503,679 shares of the technology company's stock worth $444,288,000 after buying an additional 741,282 shares during the period. Invesco Ltd. boosted its position in shares of BWX Technologies by 139.0% during the second quarter. Invesco Ltd. now owns 1,592,380 shares of the technology company's stock worth $229,398,000 after buying an additional 926,117 shares during the period. Valeo Financial Advisors LLC boosted its position in shares of 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 buying an additional 1,513,092 shares during the period. Finally, William Blair Investment Management LLC boosted 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 buying an additional 1,273,895 shares during the period. 94.39% of the stock is owned by institutional investors and hedge funds.

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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