First Trust Advisors LP Acquires 299,375 Shares of BWX Technologies, Inc. $BWXT

Key Points

• First Trust Advisors LP boosted its stake in BWX Technologies by 31.3%, acquiring 299,375 shares to own 1,254,779 shares (about 1.37% of the company) valued at $231,343,000.
• BWX beat quarterly estimates with $1.08 EPS (vs. $0.91) and $885.8M revenue (vs. $837.5M), and set FY2026 guidance of 4.550–4.700 EPS.
• The company raised its quarterly dividend to $0.27 (annualized $1.08, ~0.6% yield), while insiders sold 13,327 shares last quarter, including CEO Rex Geveden’s sale of 10,000 shares.

First Trust Advisors LP boosted its holdings in shares of BWX Technologies, Inc. (NYSE:BWXT - Free Report) by 31.3% in the third quarter, according to its most recent filing with the SEC. The firm owned 1,254,779 shares of the technology company's stock after acquiring an additional 299,375 shares during the period. First Trust Advisors LP owned 1.37% of BWX Technologies worth $231,343,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Artisan Partners Limited Partnership acquired a new stake in shares of BWX Technologies during the second quarter worth $183,859,000. Invesco Ltd. lifted its stake in BWX Technologies by 139.0% in the second quarter. Invesco Ltd. now owns 1,592,380 shares of the technology company's stock valued at $229,398,000 after buying an additional 926,117 shares during the period. Massachusetts Financial Services Co. MA acquired a new position in BWX Technologies in the second quarter valued at about $132,498,000. Alkeon Capital Management LLC bought a new position in BWX Technologies during the second quarter worth about $86,443,000. Finally, Select Equity Group L.P. bought a new position in BWX Technologies during the second quarter worth about $68,902,000. Institutional investors and hedge funds own 94.39% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on BWXT shares. CJS Securities upgraded BWX Technologies to a "strong-buy" rating in a research report on Friday, December 12th. Weiss Ratings raised shares of BWX Technologies from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Wednesday, February 25th. BTIG Research boosted their price objective on shares of BWX Technologies from $225.00 to $235.00 and gave the company a "buy" rating in a report on Thursday, February 26th. Truist Financial set a $205.00 target price on shares of BWX Technologies in a research note on Friday, January 9th. Finally, Wall Street Zen lowered shares of BWX Technologies from a "buy" rating to a "hold" rating in a report on Saturday, February 28th. Three analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $200.45.

Insider Transactions at BWX Technologies

In related news, Director Gerhard F. Burbach sold 1,983 shares of the business's stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $208.61, for a total value of $413,673.63. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Rex D. Geveden sold 10,000 shares of the company's stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $203.26, for a total transaction of $2,032,600.00. Following the completion of the transaction, the chief executive officer directly owned 177,594 shares of the company's stock, valued at approximately $36,097,756.44. The trade was a 5.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 13,327 shares of company stock valued at $2,734,844 over the last quarter. Corporate insiders own 0.47% of the company's stock.

BWX Technologies Trading Up 0.1%

NYSE BWXT opened at $195.65 on Friday. BWX Technologies, Inc. has a one year low of $84.21 and a one year high of $220.57. The company has a debt-to-equity ratio of 1.64, a current ratio of 2.32 and a quick ratio of 2.25. The firm has a market cap of $17.89 billion, a P/E ratio of 54.80, a P/E/G ratio of 3.19 and a beta of 0.83. The stock's 50-day moving average is $201.04 and its 200-day moving average is $188.61.

BWX Technologies (NYSE:BWXT - Get Free Report) last issued its quarterly earnings data on Monday, February 23rd. The technology company reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.17. BWX Technologies had a return on equity of 30.94% and a net margin of 10.28%.The business had revenue of $885.84 million during the quarter, compared to analyst estimates of $837.47 million. During the same period in the previous year, the firm earned $0.92 EPS. BWX Technologies's quarterly revenue was up 18.7% compared to the same quarter last year. BWX Technologies has set its FY 2026 guidance at 4.550-4.700 EPS. Sell-side analysts anticipate that BWX Technologies, Inc. will post 3.23 earnings per share for the current fiscal year.

BWX Technologies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Wednesday, March 11th will be issued a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 0.6%. This is a boost from BWX Technologies's previous quarterly dividend of $0.25. The ex-dividend date is Wednesday, March 11th. BWX Technologies's dividend payout ratio is currently 28.01%.

BWX Technologies Company 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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