Curi RMB Capital LLC Grows Stock Holdings in BWX Technologies, Inc. (NYSE:BWXT)

Curi RMB Capital LLC increased its stake in shares of BWX Technologies, Inc. (NYSE:BWXT - Free Report) by 16.4% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 68,005 shares of the technology company's stock after purchasing an additional 9,567 shares during the period. Curi RMB Capital LLC owned 0.07% of BWX Technologies worth $7,575,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Demars Financial Group LLC increased its position 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 purchasing an additional 4,434,799 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in BWX Technologies during the fourth quarter valued at about $69,730,000. Stephens Investment Management Group LLC bought a new stake in BWX Technologies during the fourth quarter worth about $50,054,000. Van ECK Associates Corp raised its stake in shares of BWX Technologies by 46.7% during 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 in the last quarter. Finally, Blair William & Co. IL grew its holdings in shares of BWX Technologies by 949.0% during the 4th quarter. Blair William & Co. IL now owns 424,821 shares of the technology company's stock valued at $47,321,000 after purchasing an additional 384,323 shares during the last quarter. Institutional investors own 94.39% of the company's stock.

Insider Buying and Selling at BWX Technologies

In other news, SVP Ronald Owen Whitford, Jr. sold 2,000 shares of BWX Technologies stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $104.92, for a total transaction of $209,840.00. Following the sale, the senior vice president now owns 9,904 shares in the company, valued at $1,039,127.68. This trade represents a 16.80 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Rex D. Geveden sold 45,625 shares of the company's stock in a transaction on 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 transaction, the chief executive officer now owns 218,218 shares of the company's stock, valued at approximately $23,436,613.20. This represents a 17.29 % 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 valued at $5,734,145 over the last ninety days. 0.47% of the stock is currently owned by company insiders.

BWX Technologies Stock Performance

Shares of NYSE:BWXT traded up $1.25 during midday trading on Friday, hitting $109.18. The company had a trading volume of 173,149 shares, compared to its average volume of 783,443. BWX Technologies, Inc. has a 12-month low of $84.21 and a 12-month high of $136.31. The company has a fifty day moving average of $101.05 and a two-hundred day moving average of $113.54. The company has a market cap of $9.98 billion, a price-to-earnings ratio of 36.09, a PEG ratio of 3.20 and a beta of 0.67. The company has a debt-to-equity ratio of 1.15, a current ratio of 2.25 and a quick ratio of 2.25.

BWX Technologies (NYSE:BWXT - Get Free Report) last issued its quarterly earnings results on Monday, February 24th. The technology company reported $0.92 EPS for the quarter, topping analysts' consensus estimates of $0.80 by $0.12. BWX Technologies had a return on equity of 31.95% and a net margin of 10.32%. The business had revenue of $746.27 million during the quarter, compared to analysts' expectations of $653.16 million. On average, equities 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 $0.25 dividend. The ex-dividend date of this dividend was Tuesday, March 11th. This represents a $1.00 annualized dividend and a yield of 0.92%. This is an increase from BWX Technologies's previous quarterly dividend of $0.24. BWX Technologies's dividend payout ratio is currently 32.57%.

Analyst Ratings Changes

BWXT has been the subject of several analyst reports. Truist Financial upped their price target on shares of BWX Technologies from $106.00 to $114.00 and gave the company a "hold" rating in a research report on Tuesday, January 14th. Bank of America decreased their price target 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. Seaport Res Ptn raised shares of BWX Technologies to a "strong-buy" rating in a research note on Tuesday, April 1st. Finally, Maxim Group increased their price target on shares of BWX Technologies from $138.00 to $140.00 and gave the company 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 issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, BWX Technologies presently has a consensus rating of "Moderate Buy" and a consensus 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.