10,435 Shares in BWX Technologies, Inc. $BWXT Bought by Radnor Capital Management LLC

Key Points

• Radnor Capital Management LLC invested approximately $1.50 million in BWX Technologies, acquiring over 10,400 shares in the company during the 2nd quarter.
• Analysts have varying ratings on BWX Technologies, with an average price target of $160.83, reflecting optimism with multiple "outperform" ratings from various firms.
• BWX Technologies reported a net margin of 10.28% for its latest quarter, surpassing analysts' earnings expectations with a quarterly revenue increase of 12.1% year-over-year.

Radnor Capital Management LLC acquired a new stake in shares of BWX Technologies, Inc. (NYSE:BWXT - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 10,435 shares of the technology company's stock, valued at approximately $1,503,000.

Several other institutional investors also recently added to or reduced their stakes in the stock. Stone House Investment Management LLC acquired a new stake in BWX Technologies in the 1st quarter worth approximately $31,000. Compass Financial Services Inc acquired a new stake in shares of BWX Technologies in the first quarter valued at approximately $33,000. Ameriflex Group Inc. acquired a new stake in shares of BWX Technologies in the fourth quarter valued at about $34,000. MassMutual Private Wealth & Trust FSB increased its position in BWX Technologies by 200.0% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 354 shares of the technology company's stock worth $35,000 after purchasing an additional 236 shares in the last quarter. Finally, HHM Wealth Advisors LLC lifted 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 in the last quarter. Hedge funds and other institutional investors own 94.39% of the company's stock.

Insider Activity

In other BWX Technologies news, CEO Rex D. Geveden sold 25,000 shares of the stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of $179.00, for a total transaction of $4,475,000.00. Following the transaction, the chief executive officer directly owned 197,594 shares of the company's stock, valued at $35,369,326. This trade represents a 11.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Omar Fathi Meguid sold 2,261 shares of the firm's stock in a transaction dated Wednesday, August 6th. The stock was sold at an average price of $179.84, for a total transaction of $406,618.24. Following the completion of the transaction, the senior vice president directly owned 2,361 shares in the company, valued at approximately $424,602.24. This represents a 48.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 29,953 shares of company stock valued at $5,359,758. 0.47% of the stock is currently owned by corporate insiders.

BWX Technologies Stock Up 0.3%

Shares of NYSE BWXT traded up $0.48 during midday trading on Friday, hitting $174.51. The stock had a trading volume of 2,476,862 shares, compared to its average volume of 1,041,001. The company has a quick ratio of 1.60, a current ratio of 1.69 and a debt-to-equity ratio of 1.28. BWX Technologies, Inc. has a 52 week low of $84.21 and a 52 week high of $189.25. The company has a market cap of $15.95 billion, a P/E ratio of 54.53, a PEG ratio of 3.95 and a beta of 0.75. The business's 50 day moving average is $161.77 and its 200-day moving average is $131.68.

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

BWX Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 5th. Stockholders of record on Monday, August 18th were paid a $0.25 dividend. The ex-dividend date was Monday, August 18th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.6%. BWX Technologies's dividend payout ratio is presently 31.25%.

Analyst Ratings Changes

A number of research analysts recently commented on BWXT shares. Bank of America upped their price objective on BWX Technologies from $155.00 to $220.00 and gave the stock a "buy" rating in a research note on Wednesday, August 13th. William Blair reaffirmed an "outperform" rating on shares of BWX Technologies in a research report on Wednesday. Northland Securities assumed coverage on BWX Technologies in a report on Wednesday, September 10th. They issued an "outperform" rating and a $205.00 target price on the stock. CLSA restated an "outperform" rating and set a $177.60 target price (up previously from $153.00) on shares of BWX Technologies in a research report on Tuesday, May 27th. Finally, Wall Street Zen cut BWX Technologies from a "buy" rating to a "hold" rating in a report on Saturday, August 9th. Two equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $160.83.

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.