California State Teachers Retirement System Boosts Stock Holdings in BWX Technologies, Inc. $BWXT

California State Teachers Retirement System raised its stake in BWX Technologies, Inc. (NYSE:BWXT - Free Report) by 0.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 106,435 shares of the technology company's stock after acquiring an additional 399 shares during the period. California State Teachers Retirement System owned 0.12% of BWX Technologies worth $20,717,573 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Cannell & Spears LLC raised its holdings in shares of BWX Technologies by 4.0% during the first quarter. Cannell & Spears LLC now owns 1,312 shares of the technology company's stock worth $251,000 after purchasing an additional 50 shares during the period. Private Advisor Group LLC raised its holdings in BWX Technologies by 2.4% in the first quarter. Private Advisor Group LLC now owns 2,847 shares of the technology company's stock worth $582,000 after purchasing an additional 67 shares during the period. Moors & Cabot Inc. raised its holdings in BWX Technologies by 3.7% during the fourth quarter. Moors & Cabot Inc. now owns 2,040 shares of the technology company's stock worth $353,000 after acquiring an additional 72 shares in the last quarter. Beck Capital Management LLC boosted its holdings in BWX Technologies by 0.3% in the 4th quarter. Beck Capital Management LLC now owns 25,032 shares of the technology company's stock valued at $4,327,000 after purchasing an additional 72 shares during the period. Finally, Modera Wealth Management LLC increased its position in BWX Technologies by 4.6% in the 1st quarter. Modera Wealth Management LLC now owns 1,757 shares of the technology company's stock valued at $359,000 after acquiring an additional 77 shares during the period. 94.39% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO Rex D. Geveden sold 10,000 shares of BWX Technologies stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $172.50, for a total value of $1,725,000.00. Following the completion of the sale, the chief executive officer directly owned 192,491 shares of the company's stock, valued at approximately $33,204,697.50. The trade was a 4.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is owned by insiders.

BWX Technologies Stock Performance

Shares of BWX Technologies stock traded down $1.12 during trading on Tuesday, reaching $147.41. The company's stock had a trading volume of 496,497 shares, compared to its average volume of 1,016,410. The business's 50-day moving average price is $166.46 and its 200-day moving average price is $192.19. The firm has a market cap of $13.51 billion, a PE ratio of 38.18, a P/E/G ratio of 2.35 and a beta of 0.75. The company has a quick ratio of 2.33, a current ratio of 2.40 and a debt-to-equity ratio of 1.51. BWX Technologies, Inc. has a 52 week low of $144.65 and a 52 week high of $241.82.

BWX Technologies (NYSE:BWXT - Get Free Report) last released its quarterly earnings results on Monday, August 3rd. The technology company reported $1.07 earnings per share for the quarter, topping the consensus estimate of $1.04 by $0.03. The business had revenue of $901.62 million for the quarter, compared to analysts' expectations of $902.41 million. BWX Technologies had a net margin of 10.11% and a return on equity of 30.83%. The firm's revenue for the quarter was up 18.0% compared to the same quarter last year. During the same period in the previous year, the company earned $1.02 earnings per share. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. Equities analysts forecast that BWX Technologies, Inc. will post 4.75 earnings per share for the current year.

BWX Technologies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, August 18th were paid a $0.27 dividend. The ex-dividend date was Tuesday, August 18th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.7%. BWX Technologies's dividend payout ratio is presently 27.98%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on BWXT shares. Truist Financial cut their price target on shares of BWX Technologies from $212.00 to $202.00 and set a "hold" rating for the company in a report on Friday, August 14th. Jefferies Financial Group assumed coverage on BWX Technologies in a research note on Thursday, September 3rd. They issued a "buy" rating and a $181.00 target price on the stock. Weiss Ratings lowered BWX Technologies from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Wednesday, August 26th. Seaport Research Partners raised BWX Technologies from a "neutral" rating to a "buy" rating and set a $245.00 price objective on the stock in a report on Monday, June 22nd. Finally, Guggenheim began coverage on shares of BWX Technologies in a research note on Monday. They set a "buy" rating and a $192.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $217.92.

About BWX Technologies

BWX Technologies, Inc NYSE: BWXT is a technology and manufacturing company that specializes in nuclear components, systems and services. The company primarily serves government and commercial customers in the nuclear energy, national security and medical markets.

BWXT is a major supplier to the U.S. government and supports the U.S. Navy's nuclear propulsion program by designing and manufacturing nuclear reactors and related components for naval vessels. Its offerings also include nuclear fuel, reactor components, engineering and maintenance services, and technologies intended for advanced and small modular reactors.

Through its commercial and medical businesses, BWXT provides nuclear equipment and services for civilian power generation, produces medical radioisotopes and related technologies, and supports research and other specialized applications.

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