111 Capital Invests $364,000 in BWX Technologies, Inc. (NYSE:BWXT)

111 Capital purchased a new position in shares of BWX Technologies, Inc. (NYSE:BWXT - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 3,272 shares of the technology company's stock, valued at approximately $364,000.

A number of other large investors also recently modified their holdings of the business. HHM Wealth Advisors LLC increased its position in shares of BWX Technologies by 45.0% during the fourth quarter. HHM Wealth Advisors LLC now owns 290 shares of the technology company's stock valued at $32,000 after purchasing an additional 90 shares during the period. Principal Securities Inc. increased its position in shares of BWX Technologies by 40.4% during the fourth quarter. Principal Securities Inc. now owns 316 shares of the technology company's stock valued at $35,000 after purchasing an additional 91 shares during the period. Louisiana State Employees Retirement System increased its position in shares of BWX Technologies by 0.4% during the fourth quarter. Louisiana State Employees Retirement System now owns 25,400 shares of the technology company's stock valued at $2,829,000 after purchasing an additional 100 shares during the period. Utah Retirement Systems increased its position in shares of BWX Technologies by 2.1% during the fourth quarter. Utah Retirement Systems now owns 4,900 shares of the technology company's stock valued at $546,000 after purchasing an additional 100 shares during the period. Finally, V Square Quantitative Management LLC increased its position in shares of BWX Technologies by 40.5% during the fourth quarter. V Square Quantitative Management LLC now owns 406 shares of the technology company's stock valued at $45,000 after purchasing an additional 117 shares during the period. 94.39% of the stock is currently owned by institutional investors and hedge funds.

BWX Technologies Price Performance

NYSE:BWXT traded up $2.42 during trading hours on Tuesday, reaching $128.52. The company had a trading volume of 1,231,260 shares, compared to its average volume of 834,725. The stock has a 50-day moving average of $107.66 and a two-hundred day moving average of $111.65. BWX Technologies, Inc. has a one year low of $84.21 and a one year high of $136.31. The firm has a market capitalization of $11.74 billion, a PE ratio of 42.56, a PEG ratio of 3.20 and a beta of 0.66. The company has a quick ratio of 2.25, a current ratio of 2.25 and a debt-to-equity ratio of 1.15.

BWX Technologies (NYSE:BWXT - Get Free Report) last announced its quarterly earnings results on Monday, May 5th. The technology company reported $0.91 earnings per share for the quarter, beating analysts' consensus estimates of $0.73 by $0.18. BWX Technologies had a return on equity of 31.95% and a net margin of 10.32%. The firm had revenue of $682.26 million for the quarter, compared to analysts' expectations of $644.15 million. During the same period in the prior year, the business posted $0.76 earnings per share. The business's revenue was up 13.0% compared to the same quarter last year. Analysts forecast that BWX Technologies, Inc. will post 3.23 earnings per share for the current year.

BWX Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Monday, May 19th will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.78%. The ex-dividend date of this dividend is Monday, May 19th. BWX Technologies's payout ratio is presently 31.85%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Bank of America lowered their price objective on BWX Technologies from $160.00 to $135.00 and set a "buy" rating on the stock in a research report on Wednesday, March 26th. Seaport Res Ptn upgraded BWX Technologies to a "strong-buy" rating in a research report on Tuesday, April 1st. CLSA restated an "outperform" rating and set a $177.60 price objective (up from $153.00) on shares of BWX Technologies in a research report on Tuesday, May 27th. Maxim Group lowered their price objective on BWX Technologies from $140.00 to $136.00 and set a "buy" rating on the stock in a research report on Thursday, May 8th. Finally, William Blair assumed coverage on BWX Technologies in a research report on Wednesday, May 28th. They set an "outperform" rating on the stock. One analyst has rated the stock with a sell rating, two have given a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $129.84.

Insider Transactions at BWX Technologies

In other news, SVP Robert L. Duffy sold 6,000 shares of the stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $104.03, for a total transaction of $624,180.00. Following the sale, the senior vice president now owns 3,206 shares in the company, valued at approximately $333,520.18. This represents a 65.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.47% of the company's stock.

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.