Oak Hill Wealth Advisors LLC Has $330,000 Stock Holdings in BWX Technologies, Inc. (NYSE:BWXT)

Oak Hill Wealth Advisors LLC decreased its position in BWX Technologies, Inc. (NYSE:BWXT - Free Report) by 36.2% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 3,350 shares of the technology company's stock after selling 1,900 shares during the period. Oak Hill Wealth Advisors LLC's holdings in BWX Technologies were worth $330,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Ameriflex Group Inc. purchased a new position in BWX Technologies during the 4th quarter valued at about $34,000. Principal Securities Inc. grew its position in BWX Technologies by 40.4% during the fourth quarter. Principal Securities Inc. now owns 316 shares of the technology company's stock valued at $35,000 after purchasing an additional 91 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its stake in BWX Technologies by 200.0% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 354 shares of the technology company's stock valued at $35,000 after buying an additional 236 shares during the period. Vermillion Wealth Management Inc. acquired a new position in BWX Technologies in the 4th quarter valued at approximately $40,000. Finally, Farther Finance Advisors LLC lifted its position in BWX Technologies by 109.6% in the 1st quarter. Farther Finance Advisors LLC now owns 459 shares of the technology company's stock worth $46,000 after buying an additional 240 shares in the last quarter. Institutional investors and hedge funds own 94.39% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. CLSA restated an "outperform" rating and set a $177.60 price target (up from $153.00) on shares of BWX Technologies in a report on Tuesday, May 27th. Wall Street Zen cut BWX Technologies from a "buy" rating to a "hold" rating in a research report on Saturday, June 21st. Maxim Group lowered their target price on BWX Technologies from $140.00 to $136.00 and set a "buy" rating on the stock in a research note on Thursday, May 8th. Bank of America cut their price target on BWX Technologies from $160.00 to $135.00 and set a "buy" rating for the company in a research note on Wednesday, March 26th. Finally, Seaport Res Ptn upgraded BWX Technologies to a "strong-buy" rating in a report on Tuesday, April 1st. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $129.84.

BWX Technologies Stock Up 0.8%

Shares of NYSE:BWXT traded up $1.15 on Thursday, reaching $142.01. The company had a trading volume of 1,238,120 shares, compared to its average volume of 898,363. The stock has a market capitalization of $12.97 billion, a P/E ratio of 45.22, a P/E/G ratio of 3.58 and a beta of 0.66. The stock has a 50-day moving average price of $119.81 and a 200 day moving average price of $112.55. BWX Technologies, Inc. has a twelve month low of $84.21 and a twelve month high of $145.33. The company has a quick ratio of 1.91, a current ratio of 2.02 and a debt-to-equity ratio of 1.08.

BWX Technologies (NYSE:BWXT - Get Free Report) last posted its earnings results on Monday, May 5th. The technology company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.73 by $0.18. The firm had revenue of $682.26 million during the quarter, compared to analyst estimates of $644.15 million. BWX Technologies had a return on equity of 30.26% and a net margin of 10.39%. The company's revenue for the quarter was up 13.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.76 EPS. On average, equities analysts expect that BWX Technologies, Inc. will post 3.23 EPS for the current year.

BWX Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 5th. Investors of record on Monday, May 19th were paid a $0.25 dividend. The ex-dividend date was Monday, May 19th. This represents a $1.00 dividend on an annualized basis and a yield of 0.70%. BWX Technologies's payout ratio is presently 31.85%.

BWX Technologies Company 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.