Vontobel Holding Ltd. Purchases Shares of 3,886 BWX Technologies, Inc. (NYSE:BWXT)

Vontobel Holding Ltd. acquired a new stake in shares of BWX Technologies, Inc. (NYSE:BWXT - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 3,886 shares of the technology company's stock, valued at approximately $383,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of BWXT. Utah Retirement Systems grew its position in BWX Technologies by 2.1% in the fourth quarter. Utah Retirement Systems now owns 4,900 shares of the technology company's stock valued at $546,000 after acquiring an additional 100 shares in the last quarter. Gateway Investment Advisers LLC grew its position in shares of BWX Technologies by 6.0% during the first quarter. Gateway Investment Advisers LLC now owns 2,154 shares of the technology company's stock worth $212,000 after buying an additional 121 shares in the last quarter. Congress Wealth Management LLC DE grew its position in shares of BWX Technologies by 5.9% during the fourth quarter. Congress Wealth Management LLC DE now owns 2,249 shares of the technology company's stock worth $251,000 after buying an additional 125 shares in the last quarter. Miracle Mile Advisors LLC grew its position in shares of BWX Technologies by 0.8% during the first quarter. Miracle Mile Advisors LLC now owns 18,669 shares of the technology company's stock worth $1,842,000 after buying an additional 151 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its position in shares of BWX Technologies by 2.4% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 7,448 shares of the technology company's stock worth $830,000 after buying an additional 172 shares in the last quarter. Institutional investors and hedge funds own 94.39% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on BWXT shares. Bank of America reduced their price objective 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. CLSA reaffirmed an "outperform" rating and issued a $177.60 price target (up from $153.00) on shares of BWX Technologies in a research note on Tuesday, May 27th. Maxim Group dropped their price target on shares of BWX Technologies from $140.00 to $136.00 and set a "buy" rating on the stock in a research report on Thursday, May 8th. William Blair reissued an "outperform" rating on shares of BWX Technologies in a research note on Wednesday, June 18th. Finally, Seaport Res Ptn raised BWX Technologies to a "strong-buy" rating in a research note on Tuesday, April 1st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $137.94.

BWX Technologies Stock Up 0.1%

Shares of BWX Technologies stock traded up $0.15 during trading on Wednesday, hitting $137.52. 792,228 shares of the stock traded hands, compared to its average volume of 925,430. The stock has a market cap of $12.56 billion, a P/E ratio of 43.80, a PEG ratio of 3.62 and a beta of 0.70. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.91 and a current ratio of 2.02. BWX Technologies, Inc. has a twelve month low of $84.21 and a twelve month high of $145.33. The company has a fifty day moving average price of $126.51 and a two-hundred day moving average price of $113.99.

BWX Technologies (NYSE:BWXT - Get Free Report) last announced its quarterly earnings results on Monday, May 5th. The technology company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.73 by $0.18. The company had revenue of $682.26 million for the quarter, compared to the consensus estimate of $644.15 million. BWX Technologies had a return on equity of 30.26% and a net margin of 10.39%. The company's revenue for the quarter was up 13.0% compared to the same quarter last year. During the same quarter last year, the company posted $0.76 earnings per share. Equities research analysts predict that BWX Technologies, Inc. will post 3.23 EPS for the current fiscal year.

BWX Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Investors of record on Monday, May 19th were paid a dividend of $0.25 per share. The ex-dividend date was Monday, May 19th. This represents a $1.00 annualized dividend and a yield of 0.73%. BWX Technologies's dividend payout ratio is 31.85%.

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.