Barbara Oil Co. Purchases New Shares in BWX Technologies, Inc. $BWXT

Key Points

• Barbara Oil Co. acquired 11,675 BWX Technologies shares in the second quarter, valued at approximately $2.25 million. Institutional investors collectively own 94.39% of the company.
• Analysts remain broadly optimistic, with BWXT receiving a “Moderate Buy” consensus rating and an average price target of $227.20, well above its reported $156.95 share price.
• BWXT exceeded quarterly earnings expectations with $1.07 in EPS and reported 18% year-over-year revenue growth. The company also declared a quarterly dividend of $0.27 per share, while its CEO sold 10,000 shares under a pre-arranged trading plan.

Barbara Oil Co. purchased a new position in BWX Technologies, Inc. (NYSE:BWXT - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,675 shares of the technology company's stock, valued at approximately $2,253,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. WFA of San Diego LLC purchased a new stake in shares of BWX Technologies in the 2nd quarter worth about $29,000. MV Capital Management Inc. purchased a new stake in BWX Technologies in the fourth quarter worth about $32,000. Tucker Asset Management LLC bought a new position in shares of BWX Technologies during the fourth quarter valued at approximately $36,000. Vermillion Wealth Management Inc. lifted its holdings in shares of BWX Technologies by 71.7% during the fourth quarter. Vermillion Wealth Management Inc. now owns 237 shares of the technology company's stock valued at $41,000 after purchasing an additional 99 shares during the last quarter. Finally, Smithfield Trust Co lifted its holdings in shares of BWX Technologies by 52.1% during the fourth quarter. Smithfield Trust Co now owns 251 shares of the technology company's stock valued at $44,000 after purchasing an additional 86 shares during the last quarter. Hedge funds and other institutional investors own 94.39% of the company's stock.

Wall Street Analysts Forecast Growth

BWXT has been the subject of a number of analyst reports. BTIG Research reaffirmed a "buy" rating and set a $235.00 price objective on shares of BWX Technologies in a research report on Tuesday, August 4th. 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 report on Monday, June 22nd. Deutsche Bank Aktiengesellschaft upgraded shares of BWX Technologies from a "hold" rating to a "buy" rating and upped their price target for the stock from $205.00 to $255.00 in a research note on Friday, May 15th. Weiss Ratings raised shares of BWX Technologies from a "hold (c+)" rating to a "buy (b-)" rating in a report on Wednesday, August 12th. Finally, JPMorgan Chase & Co. started coverage on shares of BWX Technologies in a report on Monday, July 27th. They set an "overweight" rating and a $230.00 price target on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $227.20.

BWX Technologies Trading Up 0.1%

BWX Technologies stock opened at $156.95 on Monday. BWX Technologies, Inc. has a one year low of $154.59 and a one year high of $241.82. The business's fifty day moving average is $180.70 and its 200 day moving average is $197.34. The stock has a market capitalization 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 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 issued its earnings results on Monday, August 3rd. The technology company reported $1.07 earnings per share for the quarter, topping analysts' consensus estimates of $1.04 by $0.03. The business had revenue of $901.62 million during the quarter, compared to analyst estimates of $902.41 million. BWX Technologies had a return on equity of 30.83% and a net margin of 10.11%.BWX Technologies's revenue was up 18.0% on a year-over-year basis. During the same quarter 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, sell-side analysts predict that BWX Technologies, Inc. will post 4.75 EPS for the current year.

BWX Technologies Announces Dividend

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

Insiders Place Their Bets

In related 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 transaction, the chief executive officer owned 192,491 shares in the company, valued at $33,204,697.50. This represents a 4.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is currently owned by company insiders.

About BWX Technologies

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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