BWX Technologies, Inc. $BWXT Shares Sold by Royce & Associates LP

Key Points

• Royce & Associates LP cut its BWX Technologies stake by 40.7% in the fourth quarter, selling 28,005 shares and leaving it with 40,827 shares valued at about $7.1 million.
• Several other institutional investors increased their BWXT holdings, and hedge funds and institutions now own 94.39% of the company’s stock, indicating heavy institutional interest.
• BWX Technologies reported strong quarterly results, with EPS of $1.12 beating estimates and revenue rising 26.1% year over year; analysts currently rate the stock a Moderate Buy with an average price target of $228.

Royce & Associates LP decreased its stake in shares of BWX Technologies, Inc. (NYSE:BWXT - Free Report) by 40.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 40,827 shares of the technology company's stock after selling 28,005 shares during the period. Royce & Associates LP's holdings in BWX Technologies were worth $7,057,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of BWXT. Alkeon Capital Management LLC increased its stake in BWX Technologies by 163.0% during the 3rd quarter. Alkeon Capital Management LLC now owns 1,578,048 shares of the technology company's stock valued at $290,945,000 after buying an additional 978,000 shares during the period. Invesco Ltd. grew its holdings in 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 acquiring an additional 956,770 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in BWX Technologies during the third quarter worth about $163,969,000. Select Equity Group L.P. acquired a new position in shares of BWX Technologies in the 2nd quarter worth approximately $68,902,000. Finally, Orion Porfolio Solutions LLC grew its stake in shares of BWX Technologies by 1,353.1% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 363,757 shares of the technology company's stock worth $52,403,000 after purchasing an additional 338,723 shares during the last quarter. Institutional investors and hedge funds own 94.39% of the company's stock.

Insider Activity at BWX Technologies

In related news, CAO Kevin James Gorman sold 1,344 shares of the business's stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $214.71, for a total transaction of $288,570.24. Following the transaction, the chief accounting officer directly owned 114 shares of the company's stock, valued at approximately $24,476.94. The trade was a 92.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Rex D. Geveden sold 10,000 shares of the business's stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $204.81, for a total transaction of $2,048,100.00. Following the transaction, the chief executive officer directly owned 202,491 shares in the company, valued at $41,472,181.71. The trade was a 4.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 13,761 shares of company stock valued at $2,842,427. Corporate insiders own 0.60% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on BWXT shares. Deutsche Bank Aktiengesellschaft raised shares of BWX Technologies from a "hold" rating to a "buy" rating and lifted their price objective for the stock from $205.00 to $255.00 in a research note on Friday, May 15th. TD Cowen started coverage on shares of BWX Technologies in a research note on Thursday, March 12th. They issued a "buy" rating and a $230.00 price objective on the stock. Wall Street Zen raised shares of BWX Technologies from a "hold" rating to a "buy" rating in a research note on Saturday, May 9th. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of BWX Technologies in a research note on Friday, May 22nd. Finally, TD Securities started coverage on shares of BWX Technologies in a research note on Thursday, March 12th. They issued a "buy" rating and a $230.00 price objective on the stock. Two research analysts have rated the stock with a Strong Buy rating, eight have assigned 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 presently has an average rating of "Moderate Buy" and an average price target of $228.00.

BWX Technologies Stock Performance

Shares of BWXT opened at $199.24 on Friday. The company's 50 day moving average price is $213.25 and its 200 day moving average price is $199.63. BWX Technologies, Inc. has a 52 week low of $123.12 and a 52 week high of $241.82. The company has a market capitalization of $18.25 billion, a PE ratio of 53.27, a PEG ratio of 3.28 and a beta of 0.78. The company has a debt-to-equity ratio of 1.58, a quick ratio of 2.33 and a current ratio of 2.40.

BWX Technologies (NYSE:BWXT - Get Free Report) last announced its quarterly earnings data on Monday, May 4th. The technology company reported $1.12 EPS for the quarter, beating analysts' consensus estimates of $0.92 by $0.20. BWX Technologies had a net margin of 10.20% and a return on equity of 31.33%. The firm had revenue of $860.22 million for the quarter, compared to the consensus estimate of $837.47 million. During the same period in the previous year, the firm posted $0.91 earnings per share. The firm's revenue was up 26.1% on a year-over-year basis. BWX Technologies has set its FY 2026 guidance at 4.600-4.750 EPS. Research analysts expect that BWX Technologies, Inc. will post 4.71 EPS for the current fiscal year.

BWX Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Tuesday, May 19th will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Tuesday, May 19th. This represents a $1.08 dividend on an annualized basis and a yield of 0.5%. BWX Technologies's payout ratio is presently 28.88%.

BWX Technologies Company 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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