Paradoxiom Capital L.P. Sells 47,930 Shares of BWX Technologies, Inc. $BWXT

Key Points

• Paradoxiom Capital L.P. sold 47,930 shares of BWX Technologies, Inc., reducing its stake by 56.4%, and now holds 37,069 shares valued at approximately $3.66 million.
• Other large investors have increased their positions in BWX Technologies, with T. Rowe Price raising theirs by 19.7%, while Westwood Holdings increased their stake by 279.0% in the same quarter.
• BWX Technologies reported a 12.1% year-over-year revenue growth with an earnings per share (EPS) of $1.02, surpassing the consensus estimate of $0.79.

Paradoxiom Capital L.P. reduced its stake in BWX Technologies, Inc. (NYSE:BWXT - Free Report) by 56.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,069 shares of the technology company's stock after selling 47,930 shares during the quarter. BWX Technologies accounts for 2.4% of Paradoxiom Capital L.P.'s portfolio, making the stock its 26th largest position. Paradoxiom Capital L.P.'s holdings in BWX Technologies were worth $3,657,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in BWXT. Ameriflex Group Inc. bought a new stake in shares of BWX Technologies in the fourth quarter valued at about $34,000. Stone House Investment Management LLC bought a new position in shares of BWX Technologies during the first quarter worth about $31,000. MassMutual Private Wealth & Trust FSB raised its position 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 last quarter. Vermillion Wealth Management Inc. bought a new stake in BWX Technologies in the 4th quarter valued at approximately $40,000. Finally, HHM Wealth Advisors LLC boosted its position in BWX Technologies by 34.5% during the 1st quarter. HHM Wealth Advisors LLC now owns 390 shares of the technology company's stock worth $38,000 after acquiring an additional 100 shares during the last quarter. 94.39% of the stock is owned by institutional investors and hedge funds.

BWX Technologies Stock Performance

Shares of BWXT stock traded up $4.09 during trading on Thursday, reaching $170.22. 1,066,348 shares of the company's stock were exchanged, compared to its average volume of 1,122,773. BWX Technologies, Inc. has a twelve month low of $84.21 and a twelve month high of $189.25. The firm's fifty day moving average price is $157.33 and its 200-day moving average price is $128.12. The company has a quick ratio of 1.60, a current ratio of 1.69 and a debt-to-equity ratio of 1.28. The stock has a market capitalization of $15.56 billion, a PE ratio of 53.19, a PEG ratio of 3.68 and a beta of 0.75.

BWX Technologies (NYSE:BWXT - Get Free Report) last released its quarterly earnings data on Monday, August 4th. The technology company reported $1.02 EPS for the quarter, topping analysts' consensus estimates of $0.79 by $0.23. The firm had revenue of $764.00 million during the quarter, compared to analysts' expectations of $708.00 million. BWX Technologies had a net margin of 10.28% and a return on equity of 30.61%. The company's revenue for the quarter was up 12.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.82 earnings per share. BWX Technologies has set its FY 2025 guidance at 3.650-3.750 EPS. As a group, sell-side analysts anticipate that BWX Technologies, Inc. will post 3.23 EPS for the current year.

BWX Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 5th. Shareholders of record on Monday, August 18th were given a dividend of $0.25 per share. The ex-dividend date was Monday, August 18th. This represents a $1.00 annualized dividend and a yield of 0.6%. BWX Technologies's dividend payout ratio (DPR) is 31.25%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on BWXT. Northland Capmk raised shares of BWX Technologies to a "strong-buy" rating in a research report on Tuesday. CLSA reissued an "outperform" rating and set a $177.60 price target (up from $153.00) on shares of BWX Technologies in a research report on Tuesday, May 27th. Deutsche Bank Aktiengesellschaft restated a "hold" rating and set a $150.00 price objective (up from $119.00) on shares of BWX Technologies in a research note on Tuesday, July 8th. Bank of America lifted their target price on BWX Technologies from $155.00 to $220.00 and gave the company a "buy" rating in a research report on Wednesday, August 13th. Finally, Wall Street Zen cut BWX Technologies from a "buy" rating to a "hold" rating in a research report on Saturday, August 9th. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, BWX Technologies presently has a consensus rating of "Moderate Buy" and an average target price of $160.83.

Insider Transactions at BWX Technologies

In other BWX Technologies news, SVP Ronald Owen Whitford, Jr. sold 2,092 shares of the company's stock in a transaction on Monday, August 11th. The stock was sold at an average price of $177.43, for a total value of $371,183.56. Following the transaction, the senior vice president directly owned 10,149 shares of the company's stock, valued at $1,800,737.07. This represents a 17.09% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Rex D. Geveden sold 25,000 shares of BWX Technologies stock in a transaction on Wednesday, August 6th. The stock was sold at an average price of $179.00, for a total value of $4,475,000.00. Following the sale, the chief executive officer directly owned 197,594 shares of the company's stock, valued at $35,369,326. This represents a 11.23% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 29,953 shares of company stock worth $5,359,758 over the last three months. Company insiders own 0.47% of the company's stock.

About BWX Technologies

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.