OneDigital Investment Advisors LLC Boosts Holdings in BWX Technologies, Inc. (NYSE:BWXT)

OneDigital Investment Advisors LLC raised its stake in shares of BWX Technologies, Inc. (NYSE:BWXT - Free Report) by 15.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 62,577 shares of the technology company's stock after buying an additional 8,432 shares during the quarter. OneDigital Investment Advisors LLC owned about 0.07% of BWX Technologies worth $6,173,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the stock. Demars Financial Group LLC grew its position in shares of BWX Technologies by 9,309.0% during the fourth quarter. Demars Financial Group LLC now owns 4,482,439 shares of the technology company's stock valued at $499,299,000 after purchasing an additional 4,434,799 shares in the last quarter. Raymond James Financial Inc. bought a new position in BWX Technologies during the fourth quarter valued at approximately $69,730,000. Balyasny Asset Management L.P. grew its holdings in BWX Technologies by 204.8% during the 4th quarter. Balyasny Asset Management L.P. now owns 916,323 shares of the technology company's stock valued at $102,069,000 after buying an additional 615,693 shares in the last quarter. Blair William & Co. IL increased its stake in BWX Technologies by 949.0% in the 4th quarter. Blair William & Co. IL now owns 424,821 shares of the technology company's stock worth $47,321,000 after acquiring an additional 384,323 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD raised its holdings in shares of BWX Technologies by 248.4% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 453,680 shares of the technology company's stock worth $50,537,000 after acquiring an additional 323,445 shares in the last quarter. 94.39% of the stock is owned by hedge funds and other institutional investors.

BWX Technologies Trading Up 3.8%

Shares of BWXT opened at $146.06 on Friday. The firm has a market capitalization of $13.34 billion, a price-to-earnings ratio of 46.52, a PEG ratio of 3.59 and a beta of 0.70. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.02 and a quick ratio of 1.91. BWX Technologies, Inc. has a 1-year low of $84.21 and a 1-year high of $145.33. The company has a 50-day moving average of $125.24 and a 200 day moving average of $113.61.

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

BWX Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 5th. Investors of record on Monday, May 19th were issued a $0.25 dividend. The ex-dividend date was Monday, May 19th. This represents a $1.00 annualized dividend and a dividend yield of 0.68%. BWX Technologies's payout ratio is currently 31.85%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on BWXT shares. Wall Street Zen lowered shares of BWX Technologies from a "buy" rating to a "hold" rating in a report on Saturday, June 21st. Seaport Res Ptn raised shares of BWX Technologies to a "strong-buy" rating in a research note on Tuesday, April 1st. Maxim Group reduced their target price on shares of BWX Technologies from $140.00 to $136.00 and set a "buy" rating on the stock in a report on Thursday, May 8th. William Blair reaffirmed an "outperform" rating on shares of BWX Technologies in a report on Wednesday, June 18th. Finally, Bank of America dropped their price target on BWX Technologies from $160.00 to $135.00 and set a "buy" rating for the company in a research report on Wednesday, March 26th. One analyst has rated the stock with a sell rating, two have issued a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, BWX Technologies presently has an average rating of "Moderate Buy" and a consensus price target of $135.09.

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.

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