10,000 Shares in BWX Technologies, Inc. $BWXT Purchased by Portland Investment Counsel Inc.

Key Points

• Portland Investment Counsel purchased 10,000 BWX Technologies shares worth approximately $1.95 million, while institutional investors collectively own 94.39% of the company.
• BWXT reported quarterly EPS of $1.07, exceeding estimates by $0.03, with revenue rising 18% year over year to $901.62 million. The company reaffirmed FY 2026 EPS guidance of $4.70–$4.80.
• Shares opened at $156.95, well below their 12-month high of $241.82. Analysts maintain a “Moderate Buy” consensus with an average price target of $227.20, and BWXT declared a quarterly dividend of $0.27 per share.

Portland Investment Counsel Inc. purchased a new stake in BWX Technologies, Inc. (NYSE:BWXT - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,000 shares of the technology company's stock, valued at approximately $1,946,000. BWX Technologies comprises 0.5% of Portland Investment Counsel Inc.'s investment portfolio, making the stock its 26th largest position.

Other hedge funds have also recently bought and sold shares of the company. Cannell & Spears LLC increased its holdings in BWX Technologies by 4.0% during the 1st quarter. Cannell & Spears LLC now owns 1,312 shares of the technology company's stock worth $251,000 after purchasing an additional 50 shares during the last quarter. Wedbush Securities Inc. raised its position in shares of BWX Technologies by 4.3% in the 4th quarter. Wedbush Securities Inc. now owns 1,263 shares of the technology company's stock valued at $218,000 after purchasing an additional 52 shares in the last quarter. Oppenheimer Asset Management Inc. boosted its stake in shares of BWX Technologies by 1.0% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 5,448 shares of the technology company's stock valued at $942,000 after buying an additional 54 shares during the last quarter. Guggenheim Capital LLC boosted its stake in shares of BWX Technologies by 2.2% during the 4th quarter. Guggenheim Capital LLC now owns 2,598 shares of the technology company's stock valued at $449,000 after buying an additional 55 shares during the last quarter. Finally, Private Advisor Group LLC grew its position in shares of BWX Technologies by 2.4% during the first quarter. Private Advisor Group LLC now owns 2,847 shares of the technology company's stock worth $582,000 after buying an additional 67 shares in the last quarter. Institutional investors and hedge funds own 94.39% of the company's stock.

BWX Technologies Stock Performance

Shares of BWXT opened at $156.95 on Monday. The business's fifty day moving average price is $180.70 and its 200 day moving average price is $197.34. BWX Technologies, Inc. has a 12-month low of $154.59 and a 12-month high of $241.82. The stock has a market capitalization of $14.38 billion, a PE ratio of 40.66, a price-to-earnings-growth ratio of 2.45 and a beta of 0.76. The company has a debt-to-equity ratio of 1.51, a current ratio of 2.40 and a quick ratio of 2.33.

BWX Technologies (NYSE:BWXT - Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The technology company reported $1.07 EPS for the quarter, topping analysts' consensus estimates of $1.04 by $0.03. BWX Technologies had a net margin of 10.11% and a return on equity of 30.83%. The firm had revenue of $901.62 million during the quarter, compared to the consensus estimate of $902.41 million. During the same quarter in the previous year, the company posted $1.02 earnings per share. The firm's revenue was up 18.0% on a year-over-year basis. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. Equities research analysts forecast that BWX Technologies, Inc. will post 4.75 EPS for the current year.

BWX Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Tuesday, August 18th will be issued a $0.27 dividend. The ex-dividend date of this dividend is Tuesday, August 18th. This represents a $1.08 annualized dividend and a dividend yield of 0.7%. BWX Technologies's payout ratio is 27.98%.

Insider Activity at BWX Technologies

In related news, CEO Rex D. Geveden sold 10,000 shares of the business's stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $172.50, for a total transaction of $1,725,000.00. Following the completion of the sale, the chief executive officer owned 192,491 shares of the company's stock, valued at $33,204,697.50. This represents a 4.94% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.60% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on BWXT. JPMorgan Chase & Co. started coverage on shares of BWX Technologies in a research note on Monday, July 27th. They issued an "overweight" rating and a $230.00 price target for the company. Seaport Research Partners upgraded shares of BWX Technologies from a "neutral" rating to a "buy" rating and set a $245.00 price objective on the stock in a research note on Monday, June 22nd. Zacks Research lowered shares of BWX Technologies from a "strong-buy" rating to a "hold" rating in a report on Monday, May 11th. Wall Street Zen lowered shares of BWX Technologies from a "buy" rating to a "hold" rating in a report on Saturday, August 8th. Finally, Truist Financial dropped their target price on shares of BWX Technologies from $212.00 to $202.00 and set a "hold" rating for the company in a research report on Friday, August 14th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $227.20.

About BWX Technologies

BWX Technologies, Inc NYSE: BWXT is a specialized supplier of nuclear components and services, primarily serving the U.S. government and commercial markets. The company's core expertise lies in the design, fabrication and servicing of nuclear propulsion systems for the U.S. Navy, where it supports the maintenance and overhaul of naval nuclear reactors. In addition to defense applications, BWXT develops small modular reactors (SMRs), nuclear fuel and related technologies for non‐defense power generation, offering scalable solutions to meet evolving energy and industrial demands.

Beyond propulsion and power systems, BWXT is a leading producer of medical radioisotopes used in diagnostic imaging and cancer treatment.

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