BWX Technologies, Inc. (NYSE:BWXT) Shares Sold by Copeland Capital Management LLC

Copeland Capital Management LLC trimmed its position in shares of BWX Technologies, Inc. (NYSE:BWXT - Free Report) by 2.6% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 698,037 shares of the technology company's stock after selling 18,909 shares during the period. BWX Technologies accounts for approximately 1.4% of Copeland Capital Management LLC's holdings, making the stock its 19th biggest position. Copeland Capital Management LLC owned approximately 0.76% of BWX Technologies worth $68,861,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ameriflex Group Inc. acquired a new position in BWX Technologies during the 4th quarter valued at about $34,000. Principal Securities Inc. boosted its stake in BWX Technologies by 40.4% during the 4th quarter. Principal Securities Inc. now owns 316 shares of the technology company's stock valued at $35,000 after purchasing an additional 91 shares during the period. MassMutual Private Wealth & Trust FSB boosted its stake in BWX Technologies by 200.0% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 354 shares of the technology company's stock valued at $35,000 after purchasing an additional 236 shares during the period. Vermillion Wealth Management Inc. acquired a new position in BWX Technologies during the 4th quarter valued at about $40,000. Finally, Farther Finance Advisors LLC boosted its stake in BWX Technologies by 109.6% during the 1st quarter. Farther Finance Advisors LLC now owns 459 shares of the technology company's stock valued at $46,000 after purchasing an additional 240 shares during the period. 94.39% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

BWXT has been the topic of a number of recent analyst reports. Seaport Res Ptn upgraded shares of BWX Technologies to a "strong-buy" rating in a research report on Tuesday, April 1st. Bank of America dropped their price target on shares of BWX Technologies from $160.00 to $135.00 and set a "buy" rating on the stock in a research report on Wednesday, March 26th. Maxim Group dropped their price target on shares of BWX Technologies from $140.00 to $136.00 and set a "buy" rating on the stock in a research report on Thursday, May 8th. Wall Street Zen downgraded shares of BWX Technologies from a "buy" rating to a "hold" rating in a research report on Saturday, June 21st. Finally, CLSA restated an "outperform" rating and set a $177.60 price target (up from $153.00) on shares of BWX Technologies in a research report on Tuesday, May 27th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, six have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $135.09.

BWX Technologies Stock Up 1.0%

NYSE BWXT opened at $143.32 on Friday. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.02 and a quick ratio of 1.91. The company's 50 day simple moving average is $121.37 and its 200 day simple moving average is $112.84. BWX Technologies, Inc. has a 12 month low of $84.21 and a 12 month high of $145.33. The company has a market capitalization of $13.09 billion, a P/E ratio of 45.64, a PEG ratio of 3.57 and a beta of 0.66.

BWX Technologies (NYSE:BWXT - Get Free Report) last released its earnings results on Monday, May 5th. The technology company reported $0.91 EPS for the quarter, topping analysts' consensus estimates of $0.73 by $0.18. The business had revenue of $682.26 million for the quarter, compared to the consensus estimate of $644.15 million. BWX Technologies had a net margin of 10.39% and a return on equity of 30.26%. The business's revenue for the quarter was up 13.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.76 EPS. Equities research analysts expect that BWX Technologies, Inc. will post 3.23 earnings per share for the current fiscal year.

BWX Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 5th. Stockholders of record on Monday, May 19th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.70%. The ex-dividend date was Monday, May 19th. BWX Technologies's dividend payout ratio (DPR) is currently 31.85%.

BWX Technologies Company Profile

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.

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