3,886 Shares in BWX Technologies, Inc. (NYSE:BWXT) Acquired by Vontobel Holding Ltd.

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

Other hedge funds have also recently bought and sold shares of the company. Synergy Asset Management LLC bought a new stake in shares of BWX Technologies during the 1st quarter worth $296,000. Artemis Investment Management LLP bought a new stake in shares of BWX Technologies during the 1st quarter worth $19,331,000. Wealth Enhancement Advisory Services LLC raised its stake in shares of BWX Technologies by 343.9% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 33,063 shares of the technology company's stock worth $3,262,000 after purchasing an additional 25,615 shares during the period. PFG Advisors raised its stake in shares of BWX Technologies by 69.1% during the 4th quarter. PFG Advisors now owns 17,514 shares of the technology company's stock worth $1,951,000 after purchasing an additional 7,154 shares during the period. Finally, Royal Bank of Canada raised its stake in shares of BWX Technologies by 7.2% during the 4th quarter. Royal Bank of Canada now owns 253,390 shares of the technology company's stock worth $28,225,000 after purchasing an additional 16,961 shares during the period. 94.39% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on BWXT shares. William Blair reiterated an "outperform" rating on shares of BWX Technologies in a research note on Wednesday, June 18th. Seaport Res Ptn upgraded BWX Technologies to a "strong-buy" rating in a research note on Tuesday, April 1st. Wall Street Zen cut BWX Technologies from a "buy" rating to a "hold" rating in a research note on Saturday, June 21st. Deutsche Bank Aktiengesellschaft restated a "hold" rating and issued a $150.00 price objective (up from $119.00) on shares of BWX Technologies in a research note on Tuesday. Finally, CLSA restated an "outperform" rating and issued a $177.60 price objective (up from $153.00) on shares of BWX Technologies in a research note on Tuesday, May 27th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $137.94.

BWX Technologies Price Performance

Shares of BWXT traded down $0.97 during midday trading on Thursday, hitting $136.59. 876,409 shares of the company traded hands, compared to its average volume of 927,850. The stock has a 50-day moving average of $127.58 and a 200-day moving average of $114.32. BWX Technologies, Inc. has a one year low of $84.21 and a one year high of $145.33. The firm has a market cap of $12.48 billion, a P/E ratio of 43.50, a PEG ratio of 3.46 and a beta of 0.70. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.02 and a quick ratio of 1.91.

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 the consensus estimate of $0.73 by $0.18. BWX Technologies had a return on equity of 30.26% and a net margin of 10.39%. 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 company's revenue was up 13.0% on a year-over-year basis. As a group, sell-side analysts predict that BWX Technologies, Inc. will post 3.23 EPS for the current fiscal year.

BWX Technologies Dividend Announcement

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