Jupiter Topco LLC Buys New Stake in BWX Technologies, Inc. $BWXT

Jupiter Topco LLC purchased a new stake in BWX Technologies, Inc. (NYSE:BWXT - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 57,844 shares of the technology company's stock, valued at approximately $11,259,000. Jupiter Topco LLC owned about 0.06% of BWX Technologies as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. M.D. Sass LLC purchased a new position in BWX Technologies during the second quarter valued at approximately $2,619,000. Ranger Investment Management L.P. acquired a new stake in shares of BWX Technologies during the 1st quarter worth approximately $11,991,000. MGO One Seven LLC grew its stake in shares of BWX Technologies by 354.7% during the 4th quarter. MGO One Seven LLC now owns 17,695 shares of the technology company's stock worth $3,058,000 after purchasing an additional 13,803 shares during the period. Intech Investment Management LLC increased its holdings in shares of BWX Technologies by 22.7% during the 4th quarter. Intech Investment Management LLC now owns 32,668 shares of the technology company's stock valued at $5,646,000 after purchasing an additional 6,053 shares in the last quarter. Finally, Mizuho Markets Americas LLC purchased a new position in shares of BWX Technologies during the 4th quarter valued at approximately $36,097,000. 94.39% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO Rex D. Geveden sold 10,000 shares of the stock in a transaction dated 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 completion of the sale, the chief executive officer directly owned 192,491 shares in the company, valued at $33,204,697.50. This represents a 4.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is owned by insiders.

Analysts Set New Price Targets

BWXT has been the topic of a number of recent analyst reports. Wall Street Zen downgraded shares of BWX Technologies from a "buy" rating to a "hold" rating in a report on Saturday, August 8th. Truist Financial cut their price objective on shares of BWX Technologies from $212.00 to $202.00 and set a "hold" rating for the company in a report on Friday, August 14th. Zacks Research downgraded shares of BWX Technologies from a "strong-buy" rating to a "hold" rating in a research report on Monday, May 11th. Wells Fargo & Company raised shares of BWX Technologies from an "underweight" rating to an "equal weight" rating and lowered their target price for the stock from $200.00 to $170.00 in a research note on Thursday. Finally, Deutsche Bank Aktiengesellschaft upgraded BWX Technologies from a "hold" rating to a "buy" rating and raised their target price for the company from $205.00 to $255.00 in a research report on Friday, May 15th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, BWX Technologies has an average rating of "Moderate Buy" and a consensus target price of $224.20.

BWX Technologies Stock Performance

NYSE BWXT opened at $153.12 on Friday. The company has a debt-to-equity ratio of 1.51, a current ratio of 2.40 and a quick ratio of 2.33. The stock's 50 day simple moving average is $175.83 and its 200-day simple moving average is $195.80. The company has a market cap 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 1-year low of $147.74 and a 1-year high of $241.82.

BWX Technologies (NYSE:BWXT - Get Free Report) last issued its quarterly earnings results on Monday, August 3rd. The technology company reported $1.07 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 firm had revenue of $901.62 million during the quarter, compared to analysts' expectations of $902.41 million. During the same period in the previous year, the business earned $1.02 earnings per share. The firm's revenue for the quarter was up 18.0% on a year-over-year basis. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. As a group, equities research analysts anticipate that BWX Technologies, Inc. will post 4.75 EPS for the current fiscal year.

BWX Technologies Announces Dividend

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

About BWX Technologies

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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