BWX Technologies, Inc. $BWXT Shares Bought by M&T Bank Corp

Key Points

• M&T Bank Corp raised its stake in BWX Technologies by 34.7% in Q4, buying 5,662 shares to hold 21,956 shares valued at about $3.8 million.
• Several large funds — including Invesco, Alkeon and Massachusetts Financial Services — materially increased positions, leaving 94.39% of BWXT stock held by institutional investors and hedge funds.
• BWXT beat Q4 EPS and revenue estimates (EPS $1.08 vs. $0.91; revenue $885.8M vs. $837.5M), set FY2026 guidance of 4.55–4.70 EPS, and raised its quarterly dividend to $0.27.

M&T Bank Corp grew its holdings in shares of BWX Technologies, Inc. (NYSE:BWXT - Free Report) by 34.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 21,956 shares of the technology company's stock after purchasing an additional 5,662 shares during the period. M&T Bank Corp's holdings in BWX Technologies were worth $3,795,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Invesco Ltd. raised its holdings in shares of BWX Technologies by 60.1% during the third quarter. Invesco Ltd. now owns 2,549,150 shares of the technology company's stock worth $469,987,000 after purchasing an additional 956,770 shares during the period. Alkeon Capital Management LLC raised its holdings in shares of BWX Technologies by 163.0% during the third quarter. Alkeon Capital Management LLC now owns 1,578,048 shares of the technology company's stock worth $290,945,000 after purchasing an additional 978,000 shares during the period. Massachusetts Financial Services Co. MA raised its holdings in shares of BWX Technologies by 18.7% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,375,740 shares of the technology company's stock worth $237,783,000 after purchasing an additional 216,707 shares during the period. First Trust Advisors LP raised its holdings in shares of BWX Technologies by 31.3% during the third quarter. First Trust Advisors LP now owns 1,254,779 shares of the technology company's stock worth $231,343,000 after purchasing an additional 299,375 shares during the period. Finally, Blair William & Co. IL raised its holdings in shares of BWX Technologies by 18.7% during the third quarter. Blair William & Co. IL now owns 1,191,068 shares of the technology company's stock worth $219,597,000 after purchasing an additional 187,461 shares during the period. 94.39% of the stock is owned by institutional investors and hedge funds.

Insider Activity at BWX Technologies

In related news, CAO Kevin James Gorman sold 1,344 shares of the stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $214.71, for a total value of $288,570.24. Following the completion of the transaction, the chief accounting officer owned 114 shares in the company, valued at $24,476.94. This represents a 92.18% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Gerhard F. Burbach sold 1,983 shares of the stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $208.61, for a total transaction of $413,673.63. The disclosure for this sale is available in the SEC filing. Insiders sold 13,327 shares of company stock worth $2,734,844 in the last 90 days. Corporate insiders own 0.60% of the company's stock.

BWX Technologies Stock Up 0.2%

BWXT stock opened at $223.54 on Monday. The company has a quick ratio of 2.25, a current ratio of 2.32 and a debt-to-equity ratio of 1.64. BWX Technologies, Inc. has a fifty-two week low of $102.42 and a fifty-two week high of $241.82. The firm's 50-day simple moving average is $211.42 and its 200 day simple moving average is $199.01. The stock has a market cap of $20.48 billion, a PE ratio of 62.62, a price-to-earnings-growth ratio of 3.85 and a beta of 0.80.

BWX Technologies (NYSE:BWXT - Get Free Report) last released its quarterly earnings data on Monday, February 23rd. The technology company reported $1.08 earnings per share for the quarter, topping analysts' consensus estimates of $0.91 by $0.17. BWX Technologies had a net margin of 10.28% and a return on equity of 30.94%. The business had revenue of $885.84 million for the quarter, compared to analysts' expectations of $837.47 million. During the same quarter last year, the company earned $0.92 EPS. The company's revenue for the quarter was up 18.7% compared to the same quarter last year. BWX Technologies has set its FY 2026 guidance at 4.550-4.700 EPS. As a group, sell-side analysts predict that BWX Technologies, Inc. will post 4.6 EPS for the current year.

BWX Technologies Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Wednesday, March 11th were given a $0.27 dividend. The ex-dividend date was Wednesday, March 11th. This represents a $1.08 dividend on an annualized basis and a yield of 0.5%. This is a boost from BWX Technologies's previous quarterly dividend of $0.25. BWX Technologies's payout ratio is currently 30.25%.

Analysts Set New Price Targets

A number of brokerages have weighed in on BWXT. 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 target price on the stock. Zacks Research raised shares of BWX Technologies from a "hold" rating to a "strong-buy" rating in a report on Wednesday, January 21st. Wall Street Zen cut shares of BWX Technologies from a "buy" rating to a "hold" rating in a report on Saturday, February 28th. TD Cowen began coverage on shares of BWX Technologies in a report on Thursday, March 12th. They issued a "buy" rating and a $230.00 price objective on the stock. Finally, BNP Paribas Exane began coverage on shares of BWX Technologies in a report on Thursday, January 15th. They issued a "neutral" rating and a $215.00 price objective on the stock. Three investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $207.60.

BWX Technologies 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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