BWX Technologies, Inc. $BWXT Shares Acquired by Public Employees Retirement System of Ohio

Key Points

• Public Employees Retirement System of Ohio increased its BWX Technologies stake by 67.2% in the first quarter, bringing its holdings to 49,816 shares worth approximately $10.2 million. Institutional investors collectively own 94.39% of the company.
• BWXT reported first-quarter earnings of $1.12 per share, exceeding estimates of $0.92, while revenue rose 26.1% year over year to $860.2 million. The company issued fiscal 2026 EPS guidance of $4.60 to $4.75.
• Analysts maintain a generally positive outlook, with the stock receiving a consensus “Moderate Buy” rating and an average price target of $228.20. BWXT also pays a quarterly dividend of $0.27 per share, yielding about 0.6%.

Public Employees Retirement System of Ohio grew its stake in BWX Technologies, Inc. (NYSE:BWXT - Free Report) by 67.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 49,816 shares of the technology company's stock after purchasing an additional 20,025 shares during the period. Public Employees Retirement System of Ohio owned approximately 0.05% of BWX Technologies worth $10,187,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

BWX Technologies Stock Up 1.3%

Shares of BWXT opened at $176.79 on Tuesday. The company's 50-day moving average price is $190.91 and its 200 day moving average price is $202.71. BWX Technologies, Inc. has a 12-month low of $143.07 and a 12-month high of $241.82. The company has a current ratio of 2.40, a quick ratio of 2.33 and a debt-to-equity ratio of 1.58. The firm has a market cap of $16.20 billion, a P/E ratio of 47.27, a price-to-earnings-growth ratio of 2.98 and a beta of 0.74.

BWX Technologies (NYSE:BWXT - Get Free Report) last released its quarterly earnings results on Monday, May 4th. The technology company reported $1.12 EPS for the quarter, topping analysts' consensus estimates of $0.92 by $0.20. BWX Technologies had a return on equity of 31.33% and a net margin of 10.20%.The company had revenue of $860.22 million for the quarter, compared to analysts' expectations of $837.47 million. During the same period in the prior year, the firm earned $0.91 earnings per share. The firm's revenue was up 26.1% compared to the same quarter last year. BWX Technologies has set its FY 2026 guidance at 4.600-4.750 EPS. On average, sell-side analysts forecast that BWX Technologies, Inc. will post 4.6 earnings per share for the current year.

BWX Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Tuesday, May 19th were paid a dividend of $0.27 per share. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $1.08 annualized dividend and a yield of 0.6%. BWX Technologies's dividend payout ratio is presently 28.88%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on BWXT shares. Deutsche Bank Aktiengesellschaft raised shares of BWX Technologies from a "hold" rating to a "buy" rating and lifted their target price for the stock from $205.00 to $255.00 in a research note on Friday, May 15th. Seaport Research Partners raised shares of BWX Technologies from a "neutral" rating to a "buy" rating and set a $245.00 price target for the company in a research note on Monday, June 22nd. Wells Fargo & Company began coverage on shares of BWX Technologies in a report on Wednesday, April 1st. They set an "underweight" rating and a $200.00 price target for the company. JPMorgan Chase & Co. initiated coverage on shares of BWX Technologies in a research report on Monday. They set an "overweight" rating and a $230.00 price target on the stock. Finally, Wall Street Zen upgraded BWX Technologies from a "hold" rating to a "buy" rating in a report on Saturday, May 9th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $228.20.

Insider Activity

In related news, CEO Rex D. Geveden sold 10,000 shares of the firm's stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $204.81, for a total transaction of $2,048,100.00. Following the completion of the transaction, the chief executive officer directly owned 202,491 shares in the company, valued at $41,472,181.71. This trade represents a 4.71% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Michael Thomas Fitzgerald sold 2,417 shares of the firm's stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $209.25, for a total value of $505,757.25. Following the transaction, the chief financial officer owned 6,884 shares of the company's stock, valued at $1,440,477. This trade represents a 25.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.60% of the stock is currently owned by corporate 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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