Flputnam Investment Management Co. Boosts Holdings in BWX Technologies, Inc. $BWXT

Key Points

• Flputnam Investment Management increased its BWX Technologies stake by 231.5% in the second quarter, bringing its holdings to 14,497 shares valued at approximately $2.82 million. Institutional investors collectively own 94.39% of the company.
• BWX Technologies reported quarterly EPS of $1.07, beating estimates of $1.04, while revenue rose 18% year over year to $901.62 million. The company reaffirmed fiscal 2026 EPS guidance of $4.70–$4.80.
• Analysts maintain a consensus “Moderate Buy” rating with a $224.20 price target, despite mixed recent revisions. BWX also declared a quarterly dividend of $0.27 per share, equivalent to a 0.7% annual yield.

Flputnam Investment Management Co. lifted its position in shares of BWX Technologies, Inc. (NYSE:BWXT - Free Report) by 231.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,497 shares of the technology company's stock after purchasing an additional 10,124 shares during the period. Flputnam Investment Management Co.'s holdings in BWX Technologies were worth $2,822,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Transamerica Financial Advisors LLC purchased a new stake in BWX Technologies during the 2nd quarter worth $26,000. WFA of San Diego LLC purchased a new position in BWX Technologies in the 2nd quarter valued at about $29,000. MV Capital Management Inc. acquired a new stake in shares of BWX Technologies during the fourth quarter valued at about $32,000. Tucker Asset Management LLC purchased a new stake in shares of BWX Technologies during the fourth quarter worth about $36,000. Finally, Stonehage Fleming Financial Services Holdings Ltd purchased a new stake in shares of BWX Technologies during the second quarter worth about $40,000. 94.39% of the stock is currently owned by hedge funds and other institutional investors.

BWX Technologies Stock Up 0.2%

NYSE:BWXT opened at $153.12 on Monday. 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 moving average of $175.83 and a 200-day moving average of $195.75. The firm has a market capitalization of $14.03 billion, a PE ratio of 39.67, a price-to-earnings-growth ratio of 2.39 and a beta of 0.76. BWX Technologies, Inc. has a 52 week low of $147.74 and a 52 week high of $241.82.

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

BWX Technologies Announces Dividend

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

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft upgraded BWX Technologies from a "hold" rating to a "buy" rating and raised their price objective for the company from $205.00 to $255.00 in a research note on Friday, May 15th. Wall Street Zen lowered shares of BWX Technologies from a "buy" rating to a "hold" rating in a report on Saturday, August 8th. JPMorgan Chase & Co. began coverage on shares of BWX Technologies in a research note on Monday, July 27th. They issued an "overweight" rating and a $230.00 target price on the stock. Truist Financial decreased their price target on BWX Technologies from $212.00 to $202.00 and set a "hold" rating for the company in a research note on Friday, August 14th. Finally, Zacks Research cut BWX Technologies from a "strong-buy" rating to a "hold" rating in a research note on Monday, May 11th. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and five have issued a Hold rating to the company's stock. According to MarketBeat.com, BWX Technologies currently has a consensus rating of "Moderate Buy" and a consensus price target of $224.20.

Insider Activity

In other news, CEO Rex D. Geveden sold 10,000 shares of the company's stock in a transaction dated 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 owned 192,491 shares in the company, valued at approximately $33,204,697.50. This represents a 4.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing 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.

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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