Bank of New York Mellon Corp Invests $222.59 Million in BWX Technologies, Inc. $BWXT

Key Points

• Bank of New York Mellon acquired 1.14 million BWX Technologies shares worth approximately $222.6 million, giving it a 1.25% stake. Institutional investors and hedge funds collectively own 94.39% of the company.
• BWXT reported quarterly EPS of $1.07, exceeding estimates of $1.04, while revenue rose 18% year over year to $901.62 million. The company maintained fiscal 2026 EPS guidance of $4.70–$4.80.
• The company declared a quarterly dividend of $0.27 per share, equivalent to a $1.08 annualized payout and a 0.7% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $227.20, although several firms recently downgraded or lowered targets.

Bank of New York Mellon Corp purchased a new position in shares of BWX Technologies, Inc. (NYSE:BWXT - Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 1,143,523 shares of the technology company's stock, valued at approximately $222,587,000. Bank of New York Mellon Corp owned approximately 1.25% of BWX Technologies as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. State of Wyoming purchased a new position in BWX Technologies in the 2nd quarter valued at $665,000. Avalon Trust Co acquired a new stake in shares of BWX Technologies in the second quarter valued at about $58,000. Pecaut & CO. purchased a new position in shares of BWX Technologies in the second quarter worth about $1,545,000. Oppenheimer Asset Management Inc. purchased a new position in shares of BWX Technologies in the second quarter worth about $1,233,000. Finally, Insight Wealth Strategies LLC acquired a new position in BWX Technologies during the second quarter worth about $5,949,000. 94.39% of the stock is owned by institutional investors and hedge funds.

BWX Technologies Trading Up 0.3%

Shares of BWXT stock opened at $156.95 on Friday. BWX Technologies, Inc. has a 1-year low of $154.59 and a 1-year high of $241.82. The firm has a market cap of $14.38 billion, a PE ratio of 40.66, a price-to-earnings-growth ratio of 2.45 and a beta of 0.76. The company has a 50-day moving average of $180.70 and a two-hundred day moving average of $197.41. 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 released 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. The business had revenue of $901.62 million for the quarter, compared to the consensus estimate of $902.41 million. BWX Technologies had a net margin of 10.11% and a return on equity of 30.83%. The business's revenue was up 18.0% on a year-over-year basis. During the same period in the previous year, the firm earned $1.02 EPS. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. On average, analysts predict that BWX Technologies, Inc. will post 4.75 EPS for the current year.

BWX Technologies Announces Dividend

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

Analysts Set New Price Targets

Several analysts recently issued reports on BWXT shares. Wall Street Zen cut shares of BWX Technologies from a "buy" rating to a "hold" rating in a research note on Saturday, August 8th. Seaport Research Partners upgraded BWX Technologies from a "neutral" rating to a "buy" rating and set a $245.00 target price on the stock in a report on Monday, June 22nd. Truist Financial dropped their price target on BWX Technologies from $212.00 to $202.00 and set a "hold" rating for the company in a research report on Friday, August 14th. Zacks Research downgraded BWX Technologies from a "strong-buy" rating to a "hold" rating in a research report on Monday, May 11th. Finally, Weiss Ratings upgraded BWX Technologies from a "hold (c+)" rating to a "buy (b-)" rating in a report on Wednesday, August 12th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $227.20.

Insider Transactions at BWX Technologies

In other BWX Technologies news, CEO Rex D. Geveden sold 10,000 shares of the stock in a transaction that occurred 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 sale, the chief executive officer directly owned 192,491 shares in the company, valued at $33,204,697.50. This represents a 4.94% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is currently owned by company insiders.

BWX Technologies Company 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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