Kayne Anderson Capital Advisors LP Makes New Investment in BWX Technologies, Inc. $BWXT

Key Points

• Kayne Anderson Capital Advisors acquired 8,536 BWX Technologies shares worth approximately $1.66 million during the second quarter. Institutional investors collectively own 94.39% of the company.
• BWXT shares opened at $156.71, near their 52-week low of $154.59 and well below the $241.82 high. Despite the decline, the company reported quarterly EPS of $1.07, ahead of estimates, while revenue increased 18% year over year to $901.62 million.
• Analysts maintain a consensus “Moderate Buy” rating with a $227.20 price target. BWXT also declared a quarterly dividend of $0.27 per share, equivalent to a 0.7% annualized yield.

Kayne Anderson Capital Advisors LP acquired a new stake in BWX Technologies, Inc. (NYSE:BWXT - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 8,536 shares of the technology company's stock, valued at approximately $1,662,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Cannell & Spears LLC lifted its position 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 valued at $251,000 after buying an additional 50 shares in the last quarter. Wedbush Securities Inc. increased its holdings in BWX Technologies by 4.3% in the 4th quarter. Wedbush Securities Inc. now owns 1,263 shares of the technology company's stock worth $218,000 after acquiring an additional 52 shares in the last quarter. Oppenheimer Asset Management Inc. raised its position in BWX Technologies by 1.0% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 5,448 shares of the technology company's stock worth $942,000 after acquiring an additional 54 shares during the period. Guggenheim Capital LLC raised its position 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 acquiring an additional 55 shares during the period. Finally, Private Advisor Group LLC lifted its holdings in BWX Technologies by 2.4% during the first quarter. Private Advisor Group LLC now owns 2,847 shares of the technology company's stock valued at $582,000 after purchasing an additional 67 shares in the last quarter. 94.39% of the stock is currently owned by hedge funds and other institutional investors.

BWX Technologies Stock Down 3.4%

NYSE BWXT opened at $156.71 on Friday. BWX Technologies, Inc. has a 52 week low of $154.59 and a 52 week high of $241.82. The company has a quick ratio of 2.33, a current ratio of 2.40 and a debt-to-equity ratio of 1.51. The business's fifty day simple moving average is $181.44 and its 200-day simple moving average is $197.69. The firm has a market cap of $14.36 billion, a PE ratio of 40.60, a P/E/G ratio of 2.54 and a beta of 0.76.

BWX Technologies (NYSE:BWXT - Get Free Report) last released its quarterly earnings data 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 net margin of 10.11% and a return on equity of 30.83%. The firm had revenue of $901.62 million during the quarter, compared to analysts' expectations of $902.41 million. During the same period last year, the business earned $1.02 earnings per share. BWX Technologies's 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. As a group, equities analysts anticipate that BWX Technologies, Inc. will post 4.75 earnings per share for the current year.

BWX Technologies Announces Dividend

The company also recently declared 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 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 (DPR) is currently 27.98%.

Analysts Set New Price Targets

BWXT has been the topic of several research analyst reports. Weiss Ratings upgraded shares of BWX Technologies from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Wednesday, August 12th. Seaport Research Partners upgraded shares of BWX Technologies from a "neutral" rating to a "buy" rating and set a $245.00 price target for the company in a research report on Monday, June 22nd. Zacks Research lowered shares of BWX Technologies from a "strong-buy" rating to a "hold" rating in a research note on Monday, May 11th. Deutsche Bank Aktiengesellschaft upgraded BWX Technologies from a "hold" rating to a "buy" rating and lifted their price objective for the stock from $205.00 to $255.00 in a report on Friday, May 15th. Finally, Truist Financial reduced their target price on BWX Technologies from $212.00 to $202.00 and set a "hold" rating for the company in a report on Friday, August 14th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, BWX Technologies currently has a consensus rating of "Moderate Buy" and a consensus target price of $227.20.

Insider Activity

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 transaction of $1,725,000.00. Following the sale, the chief executive officer owned 192,491 shares of the company's stock, valued at approximately $33,204,697.50. The trade was a 4.94% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is owned by corporate insiders.

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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