Hsbc Holdings PLC Lowers Stock Holdings in BWX Technologies, Inc. $BWXT

Key Points

• HSBC Holdings cut its BWX Technologies stake by 43.3% in the second quarter, selling 6,988 shares and retaining 9,133 shares valued at approximately $1.74 million. Institutional investors collectively own 94.39% of BWXT.
• BWXT reported quarterly EPS of $1.07, beating estimates of $1.04, while revenue rose 18% year over year to $901.62 million. The company maintained fiscal 2026 EPS guidance of $4.70–$4.80 and pays an annualized dividend of $1.08 per share.
• Despite the stock trading near its 52-week low at $150.25, analysts maintain a “Moderate Buy” consensus rating with an average price target of $220.27; the CEO also sold 10,000 shares under a pre-arranged trading plan.

Hsbc Holdings PLC reduced its stake in shares of BWX Technologies, Inc. (NYSE:BWXT - Free Report) by 43.3% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 9,133 shares of the technology company's stock after selling 6,988 shares during the period. Hsbc Holdings PLC's holdings in BWX Technologies were worth $1,744,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of BWXT. Cannell & Spears LLC lifted its stake in shares of BWX Technologies by 4.0% during the 1st quarter. Cannell & Spears LLC now owns 1,312 shares of the technology company's stock worth $251,000 after purchasing an additional 50 shares during the period. Wedbush Securities Inc. increased its position in BWX Technologies by 4.3% during the 4th quarter. Wedbush Securities Inc. now owns 1,263 shares of the technology company's stock worth $218,000 after purchasing an additional 52 shares in the last quarter. Guggenheim Capital LLC grew its stake in BWX Technologies by 2.2% during the fourth quarter. Guggenheim Capital LLC now owns 2,598 shares of the technology company's stock worth $449,000 after buying an additional 55 shares during the period. Private Advisor Group LLC raised its stake in shares of BWX Technologies by 2.4% in the 1st quarter. Private Advisor Group LLC now owns 2,847 shares of the technology company's stock valued at $582,000 after acquiring an additional 67 shares during the period. Finally, Corient Private Wealth LLC lifted its holdings in shares of BWX Technologies by 1.2% during the 2nd quarter. Corient Private Wealth LLC now owns 5,880 shares of the technology company's stock valued at $847,000 after acquiring an additional 69 shares in the last quarter. Hedge funds and other institutional investors own 94.39% of the company's stock.

BWX Technologies Stock Down 1.5%

BWXT opened at $150.25 on Friday. The business has a 50-day moving average of $167.43 and a 200-day moving average of $192.63. BWX Technologies, Inc. has a fifty-two week low of $147.74 and a fifty-two week high of $241.82. The company has a market capitalization of $13.77 billion, a PE ratio of 38.92, a price-to-earnings-growth ratio of 2.39 and a beta of 0.75. 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 (NYSE:BWXT - Get Free Report) last announced its earnings results on Monday, August 3rd. The technology company reported $1.07 earnings per share 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 firm had revenue of $901.62 million during the quarter, compared to the consensus estimate of $902.41 million. During the same quarter in the prior year, the company earned $1.02 EPS. The firm's revenue for the quarter 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 Announces Dividend

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

Analysts Set New Price Targets

BWXT has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft raised BWX Technologies from a "hold" rating to a "buy" rating and lifted their target price for the stock from $205.00 to $255.00 in a research report on Friday, May 15th. Weiss Ratings downgraded shares of BWX Technologies from a "buy (b-)" rating to a "hold (c+)" rating in a report on Wednesday, August 26th. Jefferies Financial Group initiated coverage on BWX Technologies in a research note on Thursday, September 3rd. They issued a "buy" rating and a $181.00 target price for the company. BTIG Research reaffirmed a "buy" rating and set a $235.00 target price on shares of BWX Technologies in a report on Tuesday, August 4th. Finally, Wall Street Zen lowered shares of BWX Technologies from a "buy" rating to a "hold" rating in a research report on Saturday, August 8th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have issued a Hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $220.27.

Insiders Place Their Bets

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

About BWX Technologies

BWX Technologies, Inc NYSE: BWXT is a technology and manufacturing company that specializes in nuclear components, systems and services. The company primarily serves government and commercial customers in the nuclear energy, national security and medical markets.

BWXT is a major supplier to the U.S. government and supports the U.S. Navy's nuclear propulsion program by designing and manufacturing nuclear reactors and related components for naval vessels. Its offerings also include nuclear fuel, reactor components, engineering and maintenance services, and technologies intended for advanced and small modular reactors.

Through its commercial and medical businesses, BWXT provides nuclear equipment and services for civilian power generation, produces medical radioisotopes and related technologies, and supports research and other specialized applications.

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