Bank of America Corp DE Takes Position in BWX Technologies, Inc. $BWXT

Key Points

• Bank of America acquired 1.04 million BWX Technologies shares worth approximately $202 million in the second quarter, representing about 1.13% of the company. Institutional investors and hedge funds collectively own 94.39% of BWXT.
• BWX Technologies reported quarterly EPS of $1.07, beating estimates by $0.03, while revenue rose 18% year over year to $901.62 million. The company maintained fiscal 2026 EPS guidance of $4.70–$4.80.
• BWXT shares opened at $145.33, near their 52-week low of $144.33 and well below the $241.82 high. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $217.92.

Bank of America Corp DE purchased a new position in BWX Technologies, Inc. (NYSE:BWXT - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,037,863 shares of the technology company's stock, valued at approximately $202,020,000. Bank of America Corp DE owned approximately 1.13% of BWX Technologies at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. BlackRock Inc. acquired a new position in shares of BWX Technologies in the second quarter worth $2,359,895,000. Franklin Resources Inc. boosted its holdings in shares of BWX Technologies by 2.4% during the 4th quarter. Franklin Resources Inc. now owns 2,258,282 shares of the technology company's stock worth $390,321,000 after buying an additional 53,594 shares during the period. Geode Capital Management LLC boosted its holdings in BWX Technologies by 3.9% during the fourth quarter. Geode Capital Management LLC now owns 1,857,716 shares of the technology company's stock valued at $321,176,000 after acquiring an additional 69,857 shares during the period. First Trust Advisors LP grew its holdings in BWX Technologies by 12.2% in the 1st quarter. First Trust Advisors LP now owns 1,391,079 shares of the technology company's stock valued at $284,462,000 after buying an additional 151,580 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its stake in shares of BWX Technologies by 8.4% in the first quarter. Bank of New York Mellon Corp now owns 1,283,997 shares of the technology company's stock worth $262,565,000 after acquiring an additional 99,053 shares during the last quarter. 94.39% of the stock is currently owned by institutional investors and hedge funds.

BWX Technologies Stock Performance

Shares of BWX Technologies stock opened at $145.33 on Thursday. The company has a debt-to-equity ratio of 1.51, a current ratio of 2.40 and a quick ratio of 2.33. The firm has a market cap of $13.32 billion, a P/E ratio of 37.65, a P/E/G ratio of 2.30 and a beta of 0.75. The firm has a 50 day simple moving average of $164.90 and a 200 day simple moving average of $191.32. BWX Technologies, Inc. has a fifty-two week low of $144.33 and a fifty-two week high of $241.82.

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

BWX Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, August 18th were given a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Tuesday, August 18th. BWX Technologies's dividend payout ratio (DPR) is currently 27.98%.

Insiders Place Their Bets

In other news, CEO Rex D. Geveden sold 10,000 shares of BWX Technologies stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $172.50, for a total transaction of $1,725,000.00. Following the transaction, 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, 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 insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on BWXT shares. Guggenheim initiated coverage on BWX Technologies in a research report on Monday. They set a "buy" rating and a $192.00 target price on the stock. BTIG Research reiterated a "buy" rating and set a $235.00 target price on shares of BWX Technologies in a research report on Tuesday, August 4th. Wall Street Zen cut shares of BWX Technologies from a "buy" rating to a "hold" rating in a research note on Saturday, August 8th. Jefferies Financial Group assumed coverage on shares of BWX Technologies in a report on Thursday, September 3rd. They set a "buy" rating and a $181.00 price objective for the company. Finally, Wells Fargo & Company upgraded shares of BWX Technologies from an "underweight" rating to an "equal weight" rating and cut their target price for the company from $200.00 to $170.00 in a research note on Thursday, August 27th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have given a Hold rating to the company's stock. Based on data from MarketBeat, BWX Technologies currently has an average rating of "Moderate Buy" and a consensus target price of $217.92.

BWX Technologies Profile

BWX Technologies, Inc NYSE: BWXT is a technology and manufacturing company that specializes in nuclear components, systems and services. The company primarily serves government and commercial customers in the nuclear energy, national security and medical markets.

BWXT is a major supplier to the U.S. government and supports the U.S. Navy's nuclear propulsion program by designing and manufacturing nuclear reactors and related components for naval vessels. Its offerings also include nuclear fuel, reactor components, engineering and maintenance services, and technologies intended for advanced and small modular reactors.

Through its commercial and medical businesses, BWXT provides nuclear equipment and services for civilian power generation, produces medical radioisotopes and related technologies, and supports research and other specialized applications.

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