7,742 Shares in BWX Technologies, Inc. $BWXT Bought by Van Hulzen Asset Management LLC

Key Points

• Van Hulzen Asset Management initiated a BWX Technologies position by purchasing 7,742 shares valued at approximately $1.51 million. Institutional investors collectively own 94.39% of the company.
• Analyst sentiment remains positive, with BWXT holding a consensus “Moderate Buy” rating and an average price target of $227.20, despite some target reductions and downgrades.
• BWXT shares opened at $149.40, down 4.7%, near their 52-week low. The company recently exceeded quarterly EPS estimates, reported 18% year-over-year revenue growth, and announced a quarterly dividend of $0.27 per share.

Van Hulzen Asset Management LLC acquired a new position in shares of BWX Technologies, Inc. (NYSE:BWXT - Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 7,742 shares of the technology company's stock, valued at approximately $1,507,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Cannell & Spears LLC grew its position in shares of BWX Technologies by 4.0% in the first quarter. Cannell & Spears LLC now owns 1,312 shares of the technology company's stock valued at $251,000 after purchasing an additional 50 shares during the period. Wedbush Securities Inc. increased its stake in shares of BWX Technologies by 4.3% during the fourth quarter. Wedbush Securities Inc. now owns 1,263 shares of the technology company's stock worth $218,000 after purchasing an additional 52 shares in the last quarter. Oppenheimer Asset Management Inc. raised its position in shares of BWX Technologies by 1.0% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 5,448 shares of the technology company's stock worth $942,000 after purchasing an additional 54 shares during the last quarter. Guggenheim Capital LLC raised its position in shares of BWX Technologies by 2.2% during the 4th quarter. Guggenheim Capital LLC now owns 2,598 shares of the technology company's stock worth $449,000 after purchasing an additional 55 shares during the last quarter. Finally, Private Advisor Group LLC lifted its stake in BWX Technologies by 2.4% in the 1st quarter. Private Advisor Group LLC now owns 2,847 shares of the technology company's stock valued at $582,000 after buying an additional 67 shares in the last quarter. 94.39% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other BWX Technologies news, CEO Rex D. Geveden sold 10,000 shares of the firm's stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $172.50, for a total value of $1,725,000.00. Following the completion of the sale, the chief executive officer directly owned 192,491 shares of the company's stock, valued at $33,204,697.50. This trade represents a 4.94% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is owned by company insiders.

Analysts Set New Price Targets

BWXT has been the topic of several research analyst reports. Truist Financial lowered their price objective on BWX Technologies from $212.00 to $202.00 and set a "hold" rating on the stock in a report on Friday, August 14th. Zacks Research cut BWX Technologies from a "strong-buy" rating to a "hold" rating in a report on Monday, May 11th. Deutsche Bank Aktiengesellschaft upgraded BWX Technologies from a "hold" rating to a "buy" rating and raised their target price for the company from $205.00 to $255.00 in a research report on Friday, May 15th. BTIG Research reaffirmed a "buy" rating and issued a $235.00 price target on shares of BWX Technologies in a research note on Tuesday, August 4th. Finally, Seaport Research Partners upgraded BWX Technologies from a "neutral" rating to a "buy" rating and set a $245.00 price target for the company in a research report on Monday, June 22nd. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, BWX Technologies presently has a consensus rating of "Moderate Buy" and a consensus price target of $227.20.

BWX Technologies Trading Down 4.7%

Shares of BWX Technologies stock opened at $149.40 on Tuesday. The stock has a market cap of $13.69 billion, a P/E ratio of 38.71, a P/E/G ratio of 2.45 and a beta of 0.76. The stock's 50 day simple moving average is $179.81 and its 200-day simple moving average is $196.91. BWX Technologies, Inc. has a 1-year low of $149.16 and a 1-year high of $241.82. The company has a debt-to-equity ratio of 1.51, a current ratio of 2.40 and a quick ratio of 2.33.

BWX Technologies (NYSE:BWXT - Get Free Report) last posted its quarterly earnings results on Monday, August 3rd. The technology company reported $1.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.04 by $0.03. BWX Technologies had a return on equity of 30.83% and a net margin of 10.11%.The business had revenue of $901.62 million during the quarter, compared to analyst estimates of $902.41 million. During the same period in the prior year, the business earned $1.02 earnings per share. The business's revenue was up 18.0% compared to the same quarter last year. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. Analysts predict that BWX Technologies, Inc. will post 4.75 EPS for the current fiscal year.

BWX Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Tuesday, August 18th will be issued a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 0.7%. The ex-dividend date is Tuesday, August 18th. BWX Technologies's dividend payout ratio is presently 27.98%.

BWX Technologies Profile

BWX Technologies, Inc NYSE: BWXT is a specialized supplier of nuclear components and services, primarily serving the U.S. government and commercial markets. The company's core expertise lies in the design, fabrication and servicing of nuclear propulsion systems for the U.S. Navy, where it supports the maintenance and overhaul of naval nuclear reactors. In addition to defense applications, BWXT develops small modular reactors (SMRs), nuclear fuel and related technologies for non‐defense power generation, offering scalable solutions to meet evolving energy and industrial demands.

Beyond propulsion and power systems, BWXT is a leading producer of medical radioisotopes used in diagnostic imaging and cancer treatment.

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