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2,255 Shares in BWX Technologies, Inc. (NYSE:BWXT) Purchased by Clear Creek Financial Management LLC

BWX Technologies logo with Aerospace background

Clear Creek Financial Management LLC purchased a new position in BWX Technologies, Inc. (NYSE:BWXT - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 2,255 shares of the technology company's stock, valued at approximately $223,000.

Other large investors have also bought and sold shares of the company. Proficio Capital Partners LLC purchased a new position in shares of BWX Technologies during the fourth quarter valued at approximately $1,687,000. US Bancorp DE boosted its position in shares of BWX Technologies by 10.8% during the fourth quarter. US Bancorp DE now owns 10,281 shares of the technology company's stock valued at $1,145,000 after purchasing an additional 999 shares in the last quarter. Jones Financial Companies Lllp boosted its position in shares of BWX Technologies by 32.5% during the fourth quarter. Jones Financial Companies Lllp now owns 1,825 shares of the technology company's stock valued at $203,000 after purchasing an additional 448 shares in the last quarter. SBI Securities Co. Ltd. bought a new stake in shares of BWX Technologies during the fourth quarter valued at approximately $58,000. Finally, Steward Partners Investment Advisory LLC boosted its position in shares of BWX Technologies by 28.4% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 41,267 shares of the technology company's stock valued at $4,597,000 after purchasing an additional 9,138 shares in the last quarter. 94.39% of the stock is owned by hedge funds and other institutional investors.

BWX Technologies Trading Up 3.8%

Shares of BWX Technologies stock traded up $5.29 on Friday, reaching $146.06. The company had a trading volume of 718,248 shares, compared to its average volume of 917,392. The firm has a market cap of $13.34 billion, a price-to-earnings ratio of 46.52, a P/E/G ratio of 3.59 and a beta of 0.70. 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 firm's 50-day moving average price is $125.24 and its two-hundred day moving average price is $113.60. BWX Technologies, Inc. has a 1 year low of $84.21 and a 1 year high of $145.33.

BWX Technologies (NYSE:BWXT - Get Free Report) last announced 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 firm had revenue of $682.26 million during the quarter, compared to analysts' expectations of $644.15 million. BWX Technologies had a return on equity of 30.26% and a net margin of 10.39%. The company's quarterly revenue was up 13.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.76 EPS. As a group, research analysts predict that BWX Technologies, Inc. will post 3.23 earnings per share for the current fiscal year.

BWX Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 5th. Investors of record on Monday, May 19th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.68%. The ex-dividend date of this dividend was Monday, May 19th. BWX Technologies's dividend payout ratio is currently 31.85%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on BWXT shares. Seaport Res Ptn upgraded BWX Technologies to a "strong-buy" rating in a research report on Tuesday, April 1st. William Blair reissued an "outperform" rating on shares of BWX Technologies in a report on Wednesday, June 18th. Bank of America dropped their target price on BWX Technologies from $160.00 to $135.00 and set a "buy" rating on the stock in a report on Wednesday, March 26th. Maxim Group dropped their target price on BWX Technologies from $140.00 to $136.00 and set a "buy" rating on the stock in a report on Thursday, May 8th. Finally, CLSA reissued an "outperform" rating and issued a $177.60 target price (up from $153.00) on shares of BWX Technologies in a report on Tuesday, May 27th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, BWX Technologies currently has an average rating of "Moderate Buy" and an average price target of $135.09.

Check Out Our Latest Report on BWXT

BWX Technologies Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for BWX Technologies (NYSE:BWXT)

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