Compass Wealth Management LLC Boosts Stock Holdings in BWX Technologies, Inc. (NYSE:BWXT)

Compass Wealth Management LLC increased its holdings in shares of BWX Technologies, Inc. (NYSE:BWXT - Free Report) by 13.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,435 shares of the technology company's stock after purchasing an additional 3,830 shares during the quarter. Compass Wealth Management LLC's holdings in BWX Technologies were worth $3,101,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ameriflex Group Inc. bought a new stake in shares of BWX Technologies in the fourth quarter worth about $34,000. MassMutual Private Wealth & Trust FSB increased its stake in BWX Technologies by 200.0% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 354 shares of the technology company's stock worth $35,000 after acquiring an additional 236 shares during the last quarter. Vermillion Wealth Management Inc. purchased a new stake in shares of BWX Technologies during the 4th quarter worth approximately $40,000. Farther Finance Advisors LLC boosted its position in shares of 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 acquiring an additional 240 shares during the last quarter. Finally, SBI Securities Co. Ltd. purchased a new position in shares of BWX Technologies in the fourth quarter valued at $58,000. Institutional investors own 94.39% of the company's stock.

BWX Technologies Trading Up 0.8%

Shares of NYSE:BWXT traded up $1.08 on Monday, hitting $143.99. 250,773 shares of the company's stock were exchanged, compared to its average volume of 914,818. The stock has a market capitalization of $13.15 billion, a price-to-earnings ratio of 45.78, a price-to-earnings-growth ratio of 3.59 and a beta of 0.70. BWX Technologies, Inc. has a 12 month low of $84.21 and a 12 month high of $145.33. 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 business's 50 day simple moving average is $125.24 and its two-hundred day simple moving average is $113.61.

BWX Technologies (NYSE:BWXT - Get Free Report) last announced its quarterly earnings data on Monday, May 5th. The technology company reported $0.91 earnings per share for the quarter, beating analysts' consensus estimates of $0.73 by $0.18. The company had revenue of $682.26 million during the quarter, compared to analyst estimates of $644.15 million. BWX Technologies had a net margin of 10.39% and a return on equity of 30.26%. The firm's revenue for the quarter was up 13.0% on a year-over-year basis. During the same quarter last year, the business posted $0.76 EPS. Analysts anticipate that BWX Technologies, Inc. will post 3.23 EPS for the current fiscal year.

BWX Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, May 19th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.69%. The ex-dividend date of this dividend was Monday, May 19th. BWX Technologies's dividend payout ratio (DPR) is presently 31.85%.

Wall Street Analysts Forecast Growth

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

BWX Technologies 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.