Bosun Asset Management LLC Boosts Stock Holdings in BWX Technologies, Inc. $BWXT

Key Points

• Bosun Asset Management LLC increased its position in BWX Technologies, Inc. by 9.2% in Q1, now holding 25,266 shares valued at approximately $2.49 million.
• Insiders have recently sold 29,953 shares of BWX Technologies, resulting in significant ownership reductions for some executives, including a near 49% decrease for SVP Omar Fathi Meguid.
• The technology company reported a strong Q2 performance with $764 million in revenue, exceeding estimates, and has set fiscal year 2025 guidance of $3.650-$3.750 EPS.

Bosun Asset Management LLC boosted its stake in BWX Technologies, Inc. (NYSE:BWXT - Free Report) by 9.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 25,266 shares of the technology company's stock after purchasing an additional 2,130 shares during the quarter. BWX Technologies comprises about 1.1% of Bosun Asset Management LLC's holdings, making the stock its 13th biggest position. Bosun Asset Management LLC's holdings in BWX Technologies were worth $2,492,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Stone House Investment Management LLC acquired a new stake in BWX Technologies in the first quarter worth $31,000. Ameriflex Group Inc. acquired a new stake in BWX Technologies in the fourth quarter worth $34,000. MassMutual Private Wealth & Trust FSB grew its holdings in BWX Technologies by 200.0% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 354 shares of the technology company's stock worth $35,000 after purchasing an additional 236 shares during the period. HHM Wealth Advisors LLC grew its holdings in BWX Technologies by 34.5% in the first quarter. HHM Wealth Advisors LLC now owns 390 shares of the technology company's stock worth $38,000 after purchasing an additional 100 shares during the period. Finally, Vermillion Wealth Management Inc. acquired a new position in shares of BWX Technologies during the fourth quarter worth approximately $40,000. 94.39% of the stock is currently owned by institutional investors and hedge funds.

BWX Technologies Stock Up 0.0%

Shares of BWXT traded up $0.02 during trading hours on Monday, reaching $163.66. 854,804 shares of the stock traded hands, compared to its average volume of 1,127,144. The company has a current ratio of 1.69, a quick ratio of 1.60 and a debt-to-equity ratio of 1.28. The stock has a fifty day simple moving average of $156.01 and a 200 day simple moving average of $127.18. BWX Technologies, Inc. has a 52 week low of $84.21 and a 52 week high of $189.25. The company has a market cap of $14.96 billion, a price-to-earnings ratio of 51.14, a PEG ratio of 3.71 and a beta of 0.75.

BWX Technologies (NYSE:BWXT - Get Free Report) last announced its earnings results on Monday, August 4th. The technology company reported $1.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.23. BWX Technologies had a return on equity of 30.61% and a net margin of 10.28%.The firm had revenue of $764.00 million during the quarter, compared to analyst estimates of $708.00 million. During the same period last year, the firm posted $0.82 EPS. The business's revenue was up 12.1% compared to the same quarter last year. BWX Technologies has set its FY 2025 guidance at 3.650-3.750 EPS. On average, equities analysts forecast that BWX Technologies, Inc. will post 3.23 EPS for the current year.

BWX Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 5th. Stockholders of record on Monday, August 18th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, August 18th. This represents a $1.00 annualized dividend and a dividend yield of 0.6%. BWX Technologies's dividend payout ratio (DPR) is currently 31.25%.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on BWXT shares. Wall Street Zen lowered BWX Technologies from a "buy" rating to a "hold" rating in a research report on Saturday, August 9th. CLSA reaffirmed an "outperform" rating and set a $177.60 target price (up from $153.00) on shares of BWX Technologies in a research report on Tuesday, May 27th. William Blair reaffirmed an "outperform" rating on shares of BWX Technologies in a research report on Wednesday, June 18th. Maxim Group reaffirmed a "hold" rating on shares of BWX Technologies in a research report on Wednesday, August 6th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a $150.00 target price (up from $119.00) on shares of BWX Technologies in a research report on Tuesday, July 8th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $154.51.

Insiders Place Their Bets

In other news, SVP Ronald Owen Whitford, Jr. sold 2,092 shares of the firm's stock in a transaction on Monday, August 11th. The stock was sold at an average price of $177.43, for a total transaction of $371,183.56. Following the completion of the sale, the senior vice president directly owned 10,149 shares of the company's stock, valued at $1,800,737.07. This trade represents a 17.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Omar Fathi Meguid sold 2,261 shares of the firm's stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of $179.84, for a total value of $406,618.24. Following the sale, the senior vice president directly owned 2,361 shares of the company's stock, valued at approximately $424,602.24. This represents a 48.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 29,953 shares of company stock valued at $5,359,758. 0.47% of the stock is owned by company insiders.

About BWX Technologies

BWX Technologies, Inc, together with its subsidiaries, manufactures and sells nuclear components in the United States, Canada, and internationally. It operates through two segments, Government Operations and Commercial Operations. The Government Operations segment designs and manufactures naval nuclear components, reactors, and nuclear fuel; fabrication activities; and supplies proprietary and sole-source valves, manifolds, and fittings to naval and commercial shipping customers.