Freestone Grove Partners LP Takes Position in BWX Technologies, Inc. $BWXT

Key Points

• Freestone Grove Partners purchased 53,470 BWX Technologies shares worth approximately $10.4 million, while institutional investors collectively own 94.39% of the company.
• BWXT reported quarterly EPS of $1.07, topping estimates by $0.03, as revenue increased 18% year over year to $901.62 million. The company maintained fiscal 2026 EPS guidance of $4.70–$4.80.
• Analysts hold a consensus “Moderate Buy” rating with an average price target of $224.20, significantly above the reported share price of $155.82; BWXT also declared a quarterly dividend of $0.27 per share.

Freestone Grove Partners LP purchased a new stake in BWX Technologies, Inc. (NYSE:BWXT - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 53,470 shares of the technology company's stock, valued at approximately $10,408,000. Freestone Grove Partners LP owned approximately 0.06% of BWX Technologies as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in shares of BWX Technologies in the second quarter valued at $2,359,895,000. Invesco Ltd. lifted its stake in BWX Technologies by 0.7% in the 4th quarter. Invesco Ltd. now owns 2,568,117 shares of the technology company's stock worth $443,873,000 after acquiring an additional 18,967 shares in the last quarter. Franklin Resources Inc. lifted its stake in BWX Technologies by 2.4% in the 4th quarter. Franklin Resources Inc. now owns 2,258,282 shares of the technology company's stock worth $390,321,000 after acquiring an additional 53,594 shares in the last quarter. Geode Capital Management LLC boosted its position in BWX Technologies by 3.9% during the 4th quarter. Geode Capital Management LLC now owns 1,857,716 shares of the technology company's stock worth $321,176,000 after acquiring an additional 69,857 shares during the period. Finally, Blair William & Co. IL grew its stake in BWX Technologies by 20.9% during the 4th quarter. Blair William & Co. IL now owns 1,439,666 shares of the technology company's stock valued at $248,832,000 after acquiring an additional 248,598 shares in the last quarter. Institutional investors and hedge funds own 94.39% of the company's stock.

BWX Technologies Stock Up 1.7%

BWXT opened at $155.82 on Friday. The company has a market capitalization of $14.28 billion, a PE ratio of 40.37, a price-to-earnings-growth ratio of 2.40 and a beta of 0.76. The company has a debt-to-equity ratio of 1.51, a current ratio of 2.40 and a quick ratio of 2.33. BWX Technologies, Inc. has a fifty-two week low of $147.74 and a fifty-two week high of $241.82. The business has a 50-day moving average of $176.87 and a 200-day moving average of $196.10.

BWX Technologies (NYSE:BWXT - Get Free Report) last announced its quarterly earnings results on Monday, August 3rd. The technology company reported $1.07 EPS for the quarter, beating 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 during the quarter, compared to analysts' expectations of $902.41 million. During the same quarter in the previous year, the business posted $1.02 EPS. The firm's quarterly revenue was up 18.0% compared to the same quarter last year. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. Equities research analysts forecast that BWX Technologies, Inc. will post 4.75 EPS for the current fiscal year.

BWX Technologies Dividend Announcement

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

Insider Buying and Selling

In other news, CEO Rex D. Geveden sold 10,000 shares of the stock in a transaction on 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 transaction, the chief executive officer owned 192,491 shares in the company, valued at $33,204,697.50. This represents a 4.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. BTIG Research restated a "buy" rating and set a $235.00 price target on shares of BWX Technologies in a report on Tuesday, August 4th. JPMorgan Chase & Co. initiated coverage on shares of BWX Technologies in a research note on Monday, July 27th. They issued an "overweight" rating and a $230.00 price objective on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of BWX Technologies from a "hold" rating to a "buy" rating and increased their target price for the stock from $205.00 to $255.00 in a research report on Friday, May 15th. Seaport Research Partners raised shares of BWX Technologies from a "neutral" rating to a "buy" rating and set a $245.00 target price for the company in a research note on Monday, June 22nd. Finally, Wall Street Zen cut shares of BWX Technologies from a "buy" rating to a "hold" rating in a report on Saturday, August 8th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, BWX Technologies currently has a consensus rating of "Moderate Buy" and an average target price of $224.20.

BWX Technologies 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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