Connor Clark & Lunn Investment Management Ltd. Makes New Investment in BWX Technologies, Inc. $BWXT

Key Points

• Connor Clark & Lunn initiated a BWX Technologies position worth approximately $1.49 million, while other institutions also added shares; institutional investors collectively own 94.39% of the company.
• BWXT reported quarterly EPS of $1.07, exceeding expectations, while revenue rose 18% year over year to $901.62 million. The company maintained 2026 EPS guidance of $4.70–$4.80.
• Analyst sentiment remains a Moderate Buy, with a consensus price target of $224.20, despite several recent downgrades. BWXT also declared a $0.27 quarterly dividend, and its CEO sold 10,000 shares under a pre-arranged trading plan.

Connor Clark & Lunn Investment Management Ltd. bought a new position in BWX Technologies, Inc. (NYSE:BWXT - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 7,673 shares of the technology company's stock, valued at approximately $1,494,000.

A number of other institutional investors have also modified their holdings of BWXT. Meiji Yasuda Asset Management Co Ltd. acquired a new position in BWX Technologies in the second quarter worth about $411,000. Globeflex Capital L P acquired a new stake in BWX Technologies during the second quarter valued at approximately $80,000. Twin Tree Management LP bought a new position in BWX Technologies during the 2nd quarter worth approximately $709,000. Haverford Trust Co bought a new position in BWX Technologies during the 2nd quarter worth approximately $208,000. Finally, First Nebraska Trust Co acquired a new position in shares of BWX Technologies in the 2nd quarter worth approximately $292,000. Institutional investors and hedge funds own 94.39% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on BWXT. Zacks Research cut BWX Technologies from a "strong-buy" rating to a "hold" rating in a research note on Monday, May 11th. Wall Street Zen lowered shares of BWX Technologies from a "buy" rating to a "hold" rating in a research note on Saturday, August 8th. Wells Fargo & Company raised shares of BWX Technologies from an "underweight" rating to an "equal weight" rating and dropped their target price for the stock from $200.00 to $170.00 in a report on Thursday. Weiss Ratings lowered shares of BWX Technologies from a "buy (b-)" rating to a "hold (c+)" rating in a report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft raised shares of BWX Technologies from a "hold" rating to a "buy" rating and boosted their price objective for the company from $205.00 to $255.00 in a research report on Friday, May 15th. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $224.20.

BWX Technologies Stock Performance

Shares of NYSE BWXT opened at $153.12 on Friday. The company has a current ratio of 2.40, a quick ratio of 2.33 and a debt-to-equity ratio of 1.51. The stock has a 50 day simple moving average of $175.83 and a 200-day simple moving average of $195.80. The company has a market cap of $14.03 billion, a PE ratio of 39.67, a P/E/G ratio of 2.39 and a beta of 0.76. BWX Technologies, Inc. has a 12-month low of $147.74 and a 12-month high of $241.82.

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, topping analysts' consensus estimates of $1.04 by $0.03. The business had revenue of $901.62 million during the quarter, compared to analyst estimates of $902.41 million. BWX Technologies had a return on equity of 30.83% and a net margin of 10.11%.The business's revenue for the quarter was up 18.0% compared to the same quarter last year. During the same period in the prior year, the company posted $1.02 EPS. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. On average, equities research analysts forecast that BWX Technologies, Inc. will post 4.75 EPS for the current year.

BWX Technologies Announces Dividend

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

Insider Activity at BWX Technologies

In other news, CEO Rex D. Geveden sold 10,000 shares of the firm's stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $172.50, for a total transaction of $1,725,000.00. Following the transaction, the chief executive officer directly owned 192,491 shares of the company's stock, valued at approximately $33,204,697.50. This trade represents a 4.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.60% of the company's stock.

About BWX Technologies

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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