2,850 Shares in BWX Technologies, Inc. $BWXT Acquired by Baldwin Wealth Partners LLC MA

Key Points

• Baldwin Wealth Partners LLC has acquired 2,850 shares of BWX Technologies, valued at approximately $411,000, according to their recent SEC filing.
• Insider trading saw significant selling activity with SVP Ronald Owen Whitford, Jr. selling 2,092 shares and Director Leland D. Melvin selling 600 shares, which reduced their ownership stakes by 17.09% and 9.71%, respectively.
• Despite a recent 0.8% decline in stock price, BWX Technologies reported quarterly earnings of $1.02 per share, surpassing analysts' expectations and showing a 12.1% year-over-year revenue increase.

Baldwin Wealth Partners LLC MA acquired a new position in BWX Technologies, Inc. (NYSE:BWXT - Free Report) during the second quarter, according to its most recent filing with the SEC. The firm acquired 2,850 shares of the technology company's stock, valued at approximately $411,000.

Other large investors have also recently made changes to their positions in the company. Stone House Investment Management LLC bought a new stake in shares of BWX Technologies in the 1st quarter worth approximately $31,000. Compass Financial Services Inc bought a new stake in shares of BWX Technologies in the 1st quarter worth approximately $33,000. HHM Wealth Advisors LLC grew its position in shares of BWX Technologies by 34.5% in the 1st quarter. HHM Wealth Advisors LLC now owns 390 shares of the technology company's stock worth $38,000 after buying an additional 100 shares during the last quarter. Farther Finance Advisors LLC grew its position in shares of BWX Technologies by 109.6% in the 1st quarter. Farther Finance Advisors LLC now owns 459 shares of the technology company's stock worth $46,000 after buying an additional 240 shares during the last quarter. Finally, National Bank of Canada FI grew its position in shares of BWX Technologies by 369.7% in the 1st quarter. National Bank of Canada FI now owns 559 shares of the technology company's stock worth $55,000 after buying an additional 440 shares during the last quarter. 94.39% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other BWX Technologies news, SVP Ronald Owen Whitford, Jr. sold 2,092 shares of BWX Technologies stock in a transaction on Monday, August 11th. The stock was sold at an average price of $177.43, for a total transaction of $371,183.56. Following the completion of the transaction, the senior vice president owned 10,149 shares in the company, valued at approximately $1,800,737.07. The trade was a 17.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Leland D. Melvin sold 600 shares of BWX Technologies stock in a transaction on Monday, August 11th. The shares were sold at an average price of $178.26, for a total value of $106,956.00. Following the transaction, the director owned 5,579 shares of the company's stock, valued at $994,512.54. The trade was a 9.71% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 29,953 shares of company stock worth $5,359,758 over the last three months. 0.47% of the stock is owned by corporate insiders.

BWX Technologies Stock Down 0.8%

Shares of NYSE:BWXT opened at $195.51 on Friday. The stock has a fifty day simple moving average of $173.16 and a two-hundred day simple moving average of $139.73. The stock has a market capitalization of $17.87 billion, a price-to-earnings ratio of 61.10, a PEG ratio of 4.46 and a beta of 0.78. BWX Technologies, Inc. has a 12-month low of $84.21 and a 12-month high of $199.72. The company has a current ratio of 1.69, a quick ratio of 1.60 and a debt-to-equity ratio of 1.28.

BWX Technologies (NYSE:BWXT - Get Free Report) last announced its quarterly earnings data on Monday, August 4th. The technology company reported $1.02 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.79 by $0.23. The business had revenue of $764.00 million during the quarter, compared to analysts' expectations 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% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.82 earnings per share. BWX Technologies has set its FY 2025 guidance at 3.650-3.750 EPS. On average, research analysts anticipate that BWX Technologies, Inc. will post 3.23 earnings per share for the current fiscal year.

BWX Technologies Announces Dividend

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

Wall Street Analyst Weigh In

BWXT has been the topic of a number of recent analyst reports. Northland Capmk upgraded BWX Technologies to a "strong-buy" rating in a research report on Tuesday, September 9th. Bank of America raised their target price on BWX Technologies from $155.00 to $220.00 and gave the company a "buy" rating in a research note on Wednesday, August 13th. Northland Securities assumed coverage on BWX Technologies in a research note on Wednesday, September 10th. They issued an "outperform" rating and a $205.00 price target on the stock. Deutsche Bank Aktiengesellschaft set a $180.00 price objective on BWX Technologies and gave the stock a "hold" rating in a report on Wednesday. Finally, Weiss Ratings downgraded BWX Technologies from a "buy (b-)" rating to a "hold (c+)" rating in a report on Wednesday. Three investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, BWX Technologies currently has an average rating of "Moderate Buy" and a consensus target price of $164.58.

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.

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