BWX Technologies, Inc. (NYSE:BWXT) Shares Sold by Nuveen Asset Management LLC

Nuveen Asset Management LLC lowered its stake in BWX Technologies, Inc. (NYSE:BWXT - Free Report) by 6.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 226,203 shares of the technology company's stock after selling 15,912 shares during the period. Nuveen Asset Management LLC owned approximately 0.25% of BWX Technologies worth $25,197,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. HHM Wealth Advisors LLC lifted its stake in BWX Technologies by 45.0% in the fourth quarter. HHM Wealth Advisors LLC now owns 290 shares of the technology company's stock worth $32,000 after purchasing an additional 90 shares during the last quarter. Principal Securities Inc. lifted its stake in BWX Technologies by 40.4% in the fourth quarter. Principal Securities Inc. now owns 316 shares of the technology company's stock worth $35,000 after purchasing an additional 91 shares during the last quarter. V Square Quantitative Management LLC lifted its stake in BWX Technologies by 40.5% in the fourth quarter. V Square Quantitative Management LLC now owns 406 shares of the technology company's stock worth $45,000 after purchasing an additional 117 shares during the last quarter. UMB Bank n.a. lifted its stake in BWX Technologies by 97.3% in the fourth quarter. UMB Bank n.a. now owns 507 shares of the technology company's stock worth $56,000 after purchasing an additional 250 shares during the last quarter. Finally, SBI Securities Co. Ltd. bought a new stake in BWX Technologies in the fourth quarter worth about $58,000. Institutional investors own 94.39% of the company's stock.

BWX Technologies Stock Up 1.6%

NYSE:BWXT traded up $1.97 during trading hours on Tuesday, reaching $121.46. The company's stock had a trading volume of 1,628,501 shares, compared to its average volume of 818,081. The company has a market capitalization of $11.10 billion, a P/E ratio of 40.26, a price-to-earnings-growth ratio of 3.20 and a beta of 0.66. BWX Technologies, Inc. has a 12 month low of $84.21 and a 12 month high of $136.31. The company has a debt-to-equity ratio of 1.15, a quick ratio of 2.25 and a current ratio of 2.25. The stock has a 50 day moving average price of $104.82 and a two-hundred day moving average price of $111.63.

BWX Technologies (NYSE:BWXT - Get Free Report) last issued its quarterly earnings data on Monday, May 5th. The technology company reported $0.91 EPS for the quarter, topping analysts' consensus estimates of $0.73 by $0.18. The company had revenue of $682.26 million during the quarter, compared to the consensus estimate of $644.15 million. BWX Technologies had a net margin of 10.32% and a return on equity of 31.95%. BWX Technologies's revenue for the quarter was up 13.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.76 earnings per share. Equities analysts predict that BWX Technologies, Inc. will post 3.23 EPS for the current fiscal year.

BWX Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Monday, May 19th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.82%. The ex-dividend date is Monday, May 19th. BWX Technologies's payout ratio is presently 31.85%.

Insider Transactions at BWX Technologies

In other news, SVP Ronald Owen Whitford, Jr. sold 2,000 shares of the business's stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $104.92, for a total transaction of $209,840.00. Following the sale, the senior vice president now directly owns 9,904 shares of the company's stock, valued at $1,039,127.68. The trade was a 16.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Rex D. Geveden sold 45,625 shares of the business's stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $107.40, for a total transaction of $4,900,125.00. Following the sale, the chief executive officer now directly owns 218,218 shares in the company, valued at $23,436,613.20. This trade represents a 17.29% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 53,625 shares of company stock valued at $5,734,145. Corporate insiders own 0.47% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on BWXT shares. Maxim Group decreased their price objective on shares of BWX Technologies from $140.00 to $136.00 and set a "buy" rating for the company in a research note on Thursday, May 8th. Bank of America decreased their price objective on shares of BWX Technologies from $160.00 to $135.00 and set a "buy" rating for the company in a research note on Wednesday, March 26th. Seaport Res Ptn raised shares of BWX Technologies to a "strong-buy" rating in a research note on Tuesday, April 1st. Finally, CLSA boosted their price target on BWX Technologies from $153.00 to $177.60 and gave the company an "outperform" rating in a report on Tuesday. One research analyst has rated the stock with a sell rating, two have given a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $129.84.

BWX Technologies Profile

BWX Technologies, Inc, together with its subsidiaries, manufactures and sells nuclear components in the United States, Canada, and internationally. It operates through two segments, Government Operations and Commercial Operations. The Government Operations segment designs and manufactures naval nuclear components, reactors, and nuclear fuel; fabrication activities; and supplies proprietary and sole-source valves, manifolds, and fittings to naval and commercial shipping customers.