BlackRock Inc. Takes Position in BWX Technologies, Inc. $BWXT

Key Points

• BlackRock acquired 12.1 million BWX Technologies shares worth approximately $2.36 billion, giving it a 13.23% stake. Institutional investors collectively own 94.39% of the company.
• BWXT reported quarterly EPS of $1.07, exceeding expectations 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 stock opened at $162.31, down 1.6%, and remains well below its 52-week high of $241.82. Analysts have a consensus “Moderate Buy” rating with an average price target of $227.20, while the company announced a quarterly dividend of $0.27 per share.

BlackRock Inc. purchased a new position in BWX Technologies, Inc. (NYSE:BWXT - Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 12,123,786 shares of the technology company's stock, valued at approximately $2,359,895,000. BlackRock Inc. owned about 13.23% of BWX Technologies as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in BWXT. Invesco Ltd. boosted its holdings in BWX Technologies by 0.7% during the fourth quarter. Invesco Ltd. now owns 2,568,117 shares of the technology company's stock worth $443,873,000 after buying an additional 18,967 shares during the last quarter. Franklin Resources Inc. increased its stake in shares of BWX Technologies by 2.4% in the 4th quarter. Franklin Resources Inc. now owns 2,258,282 shares of the technology company's stock valued at $390,321,000 after acquiring an additional 53,594 shares during the last quarter. Geode Capital Management LLC raised its position in shares of BWX Technologies by 3.9% in the 4th 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. Blair William & Co. IL raised its position in shares of BWX Technologies by 20.9% in the 4th quarter. Blair William & Co. IL now owns 1,439,666 shares of the technology company's stock valued at $248,832,000 after acquiring an additional 248,598 shares during the period. Finally, First Trust Advisors LP boosted its stake in BWX Technologies by 12.2% during the 1st quarter. First Trust Advisors LP now owns 1,391,079 shares of the technology company's stock worth $284,462,000 after acquiring an additional 151,580 shares during the last quarter. 94.39% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

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

BWX Technologies Stock Down 1.6%

NYSE:BWXT opened at $162.31 on Thursday. The stock has a 50-day simple moving average of $182.20 and a 200 day simple moving average of $198.03. BWX Technologies, Inc. has a 52-week low of $157.10 and a 52-week high of $241.82. The company has a market cap of $14.87 billion, a PE ratio of 42.05, a PEG ratio of 2.58 and a beta of 0.76. The company has a debt-to-equity ratio of 1.51, a quick ratio of 2.33 and a current ratio of 2.40.

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

BWX Technologies Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on BWXT. Zacks Research cut shares of BWX Technologies from a "strong-buy" rating to a "hold" rating in a report on Monday, May 11th. Weiss Ratings raised shares of BWX Technologies from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft raised shares of BWX Technologies from a "hold" rating to a "buy" rating and boosted their price target for the company from $205.00 to $255.00 in a report on Friday, May 15th. Wall Street Zen cut shares of BWX Technologies from a "buy" rating to a "hold" rating in a research report on Saturday, August 8th. Finally, JPMorgan Chase & Co. started coverage on BWX Technologies in a research note on Monday, July 27th. They set an "overweight" rating and a $230.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, BWX Technologies presently has a consensus rating of "Moderate Buy" and a consensus target price of $227.20.

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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