2,242 Shares in BWX Technologies, Inc. $BWXT Acquired by PharVision Advisers LLC

Key Points

• PharVision Advisers LLC purchased a new stake of 2,242 shares in BWX Technologies, valued at approximately $221,000, during the 1st quarter.
• BWX Technologies reported $1.02 earnings per share (EPS) for the latest quarter, exceeding analysts' estimates of $0.79 and showing a 12.1% increase in revenue year-over-year.
• The stock currently has an average rating of “Moderate Buy”, with a consensus price target of $154.51 among analysts.

PharVision Advisers LLC bought a new stake in shares of BWX Technologies, Inc. (NYSE:BWXT - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 2,242 shares of the technology company's stock, valued at approximately $221,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in BWX Technologies by 61.8% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 370,935 shares of the technology company's stock valued at $36,593,000 after acquiring an additional 141,736 shares in the last quarter. Curi RMB Capital LLC boosted its position in BWX Technologies by 3.5% during the 1st quarter. Curi RMB Capital LLC now owns 70,384 shares of the technology company's stock valued at $6,943,000 after acquiring an additional 2,379 shares in the last quarter. Bosun Asset Management LLC boosted its position in BWX Technologies by 9.2% during the 1st quarter. Bosun Asset Management LLC now owns 25,266 shares of the technology company's stock valued at $2,492,000 after acquiring an additional 2,130 shares in the last quarter. Alliancebernstein L.P. boosted its position in BWX Technologies by 2.5% during the 1st quarter. Alliancebernstein L.P. now owns 818,418 shares of the technology company's stock valued at $80,737,000 after acquiring an additional 19,639 shares in the last quarter. Finally, Banque Transatlantique SA bought a new stake in BWX Technologies during the 1st quarter valued at $98,000. Institutional investors own 94.39% of the company's stock.

Analyst Ratings Changes

BWXT has been the topic of several recent research reports. 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 research report on Tuesday, July 8th. CLSA reaffirmed an "outperform" rating and set a $177.60 target price (up previously from $153.00) on shares of BWX Technologies in a research report on Tuesday, May 27th. Truist Financial set a $145.00 price objective on BWX Technologies and gave the company a "hold" rating in a report on Tuesday, August 5th. Maxim Group reiterated a "hold" rating on shares of BWX Technologies in a report on Wednesday, August 6th. Finally, William Blair reiterated an "outperform" rating on shares of BWX Technologies in a report on Wednesday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $154.51.

BWX Technologies Stock Performance

Shares of BWXT opened at $163.79 on Friday. BWX Technologies, Inc. has a 12 month low of $84.21 and a 12 month high of $189.25. The stock has a fifty day moving average price of $156.01 and a 200-day moving average price of $127.03. The company has a current ratio of 1.69, a quick ratio of 1.60 and a debt-to-equity ratio of 1.28. The firm has a market cap of $14.97 billion, a PE ratio of 51.18, a P/E/G ratio of 3.71 and a beta of 0.75.

BWX Technologies (NYSE:BWXT - Get Free Report) last issued its earnings results on Monday, August 4th. The technology company reported $1.02 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 firm's quarterly revenue was up 12.1% on a year-over-year basis. During the same quarter last year, the business posted $0.82 EPS. BWX Technologies has set its FY 2025 guidance at 3.650-3.750 EPS. Equities research analysts predict that BWX Technologies, Inc. will post 3.23 earnings per share for the current fiscal year.

BWX Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 5th. Investors of record on Monday, August 18th were paid a $0.25 dividend. The ex-dividend date was Monday, August 18th. This represents a $1.00 dividend on an annualized basis and a yield of 0.6%. BWX Technologies's dividend payout ratio (DPR) is 31.25%.

Insider Transactions at BWX Technologies

In related news, SVP Omar Fathi Meguid sold 2,261 shares of the firm's stock in a transaction on 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 owned 2,361 shares in the company, valued at $424,602.24. This trade represents a 48.92% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Leland D. Melvin sold 600 shares of the firm's stock in a transaction on Monday, August 11th. The stock was sold at an average price of $178.26, for a total value of $106,956.00. Following the completion of the transaction, the director owned 5,579 shares of the company's stock, valued at $994,512.54. This trade represents a 9.71% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 29,953 shares of company stock worth $5,359,758. Insiders own 0.47% of the company's stock.

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.

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