Commerce Bank Invests $1.97 Million in BWX Technologies, Inc. $BWXT

Commerce Bank bought a new position in shares of BWX Technologies, Inc. (NYSE:BWXT - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 10,119 shares of the technology company's stock, valued at approximately $1,970,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. boosted its stake in BWX Technologies by 0.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 141,680 shares of the technology company's stock worth $13,977,000 after purchasing an additional 371 shares during the period. Caxton Associates LLP bought a new stake in shares of BWX Technologies during the first quarter valued at approximately $304,000. Flow Traders U.S. LLC bought a new stake in BWX Technologies in the 2nd quarter valued at $404,000. NewEdge Advisors LLC lifted its position in shares of BWX Technologies by 670.0% in the second quarter. NewEdge Advisors LLC now owns 7,030 shares of the technology company's stock worth $1,013,000 after buying an additional 6,117 shares in the last quarter. Finally, Sei Investments Co. lifted its position in shares of BWX Technologies by 44.9% in the second quarter. Sei Investments Co. now owns 256,969 shares of the technology company's stock worth $37,018,000 after buying an additional 79,646 shares in the last quarter. Institutional investors own 94.39% of the company's stock.

Insider Transactions at BWX Technologies

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

BWX Technologies Trading Down 0.0%

BWXT opened at $149.51 on Wednesday. The stock has a 50-day moving average of $178.85 and a 200 day moving average of $196.63. The company has a current ratio of 2.40, a quick ratio of 2.33 and a debt-to-equity ratio of 1.51. BWX Technologies, Inc. has a 12 month low of $147.74 and a 12 month high of $241.82. The firm has a market cap of $13.70 billion, a P/E ratio of 38.73, a P/E/G ratio of 2.34 and a beta of 0.76.

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

BWX Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Tuesday, August 18th will be issued a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 0.7%. The ex-dividend date is Tuesday, August 18th. BWX Technologies's dividend payout ratio is presently 27.98%.

Analyst Ratings Changes

A number of equities analysts recently commented on BWXT shares. Wall Street Zen lowered BWX Technologies from a "buy" rating to a "hold" rating in a research note on Saturday, August 8th. Zacks Research cut BWX Technologies from a "strong-buy" rating to a "hold" rating in a report on Monday, May 11th. Seaport Research Partners upgraded BWX Technologies from a "neutral" rating to a "buy" rating and set a $245.00 target price for the company in a research report on Monday, June 22nd. JPMorgan Chase & Co. assumed coverage on BWX Technologies in a research report on Monday, July 27th. They set an "overweight" rating and a $230.00 target price for the company. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of BWX Technologies from a "hold" rating to a "buy" rating and boosted their price target for the stock from $205.00 to $255.00 in a research report on Friday, May 15th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, BWX Technologies has an average rating of "Moderate Buy" and a consensus price target of $227.20.

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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