Dynamic Technology Lab Private Ltd Takes Position in BWX Technologies, Inc. $BWXT

Key Points

• Dynamic Technology Lab Private Ltd has acquired a new position in BWX Technologies, purchasing 3,231 shares valued at approximately $319,000.
• The latest quarterly earnings report revealed that BWX Technologies reported $1.02 EPS, exceeding estimates and reflecting a 12.1% year-over-year revenue increase.
• A recent quarterly dividend of $0.25 was issued, representing a 0.6% yield, with a payout ratio of 31.25%.

Dynamic Technology Lab Private Ltd bought a new position in shares of BWX Technologies, Inc. (NYSE:BWXT - Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The fund bought 3,231 shares of the technology company's stock, valued at approximately $319,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. HHM Wealth Advisors LLC grew its stake in BWX Technologies by 34.5% during the 1st quarter. HHM Wealth Advisors LLC now owns 390 shares of the technology company's stock worth $38,000 after buying an additional 100 shares during the last quarter. Gateway Investment Advisers LLC grew its stake in BWX Technologies by 6.0% during the 1st quarter. Gateway Investment Advisers LLC now owns 2,154 shares of the technology company's stock worth $212,000 after buying an additional 121 shares during the last quarter. Mesirow Financial Investment Management Inc. grew its stake in BWX Technologies by 3.3% during the 1st quarter. Mesirow Financial Investment Management Inc. now owns 4,186 shares of the technology company's stock worth $413,000 after buying an additional 132 shares during the last quarter. Avantax Advisory Services Inc. grew its stake in BWX Technologies by 2.0% during the 1st quarter. Avantax Advisory Services Inc. now owns 7,136 shares of the technology company's stock worth $704,000 after buying an additional 141 shares during the last quarter. Finally, Commerce Bank grew its stake in BWX Technologies by 6.9% during the 1st quarter. Commerce Bank now owns 2,313 shares of the technology company's stock worth $228,000 after buying an additional 150 shares during the last quarter. 94.39% of the stock is currently owned by hedge funds and other institutional investors.

BWX Technologies Stock Performance

Shares of BWXT stock opened at $168.54 on Friday. The stock has a market cap of $15.40 billion, a PE ratio of 52.67, a price-to-earnings-growth ratio of 3.85 and a beta of 0.75. The business has a 50-day simple moving average of $158.26 and a 200-day simple moving average of $129.05. The company has a quick ratio of 1.60, a current ratio of 1.69 and a debt-to-equity ratio of 1.28. BWX Technologies, Inc. has a 52-week low of $84.21 and a 52-week high of $189.25.

BWX Technologies (NYSE:BWXT - Get Free Report) last issued its quarterly earnings data on Monday, August 4th. The technology company reported $1.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.23. The business had revenue of $764.00 million during the quarter, compared to analysts' expectations of $708.00 million. BWX Technologies had a return on equity of 30.61% and a net margin of 10.28%.The company's revenue for the quarter was up 12.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.82 EPS. BWX Technologies has set its FY 2025 guidance at 3.650-3.750 EPS. On average, equities analysts expect that BWX Technologies, Inc. will post 3.23 EPS for the current year.

BWX Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 5th. Stockholders of record on Monday, August 18th were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Monday, August 18th. BWX Technologies's payout ratio is 31.25%.

Insider Buying and Selling

In other news, Director Leland D. Melvin sold 600 shares of the business's stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $178.26, for a total value of $106,956.00. Following the completion of the transaction, the director owned 5,579 shares of the company's stock, valued at $994,512.54. The trade was a 9.71% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Ronald Owen Whitford, Jr. sold 2,092 shares of the business's stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $177.43, for a total value of $371,183.56. Following the completion of the transaction, the senior vice president directly owned 10,149 shares of the company's stock, valued at approximately $1,800,737.07. This trade represents a 17.09% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 29,953 shares of company stock worth $5,359,758. Corporate insiders own 0.47% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on BWXT. Deutsche Bank Aktiengesellschaft restated a "hold" rating and set a $150.00 target price (up from $119.00) on shares of BWX Technologies in a research note on Tuesday, July 8th. Maxim Group reaffirmed a "hold" rating on shares of BWX Technologies in a research report on Wednesday, August 6th. Bank of America lifted their price target on BWX Technologies from $155.00 to $220.00 and gave the stock a "buy" rating in a research report on Wednesday, August 13th. Truist Financial set a $145.00 price target on BWX Technologies and gave the stock a "hold" rating in a research report on Tuesday, August 5th. Finally, Northland Securities initiated coverage on BWX Technologies in a research report on Wednesday. They set an "outperform" rating and a $205.00 price target for the company. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $160.83.

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.

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