Ranger Investment Management L.P. Takes Position in BWX Technologies, Inc. $BWXT

Key Points

• Ranger Investment Management acquired 97,321 BWX Technologies shares worth approximately $18.9 million, representing about 0.11% of the company. Institutional investors collectively own 94.39% of BWXT.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $227.20, although recent ratings have included both target-price cuts and upgrades.
• BWXT exceeded quarterly EPS estimates, reporting $1.07 versus the $1.04 consensus, while revenue rose 18% year over year to $901.62 million. The company also declared a quarterly dividend of $0.27 per share, yielding approximately 0.7% annually.

Ranger Investment Management L.P. acquired a new position in shares of BWX Technologies, Inc. (NYSE:BWXT - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 97,321 shares of the technology company's stock, valued at approximately $18,944,000. Ranger Investment Management L.P. owned approximately 0.11% of BWX Technologies at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. MV Capital Management Inc. bought a new position in shares of BWX Technologies in the fourth quarter valued at approximately $32,000. WFA of San Diego LLC bought a new stake in BWX Technologies during the second quarter worth approximately $29,000. Tucker Asset Management LLC acquired a new stake in BWX Technologies in the fourth quarter worth approximately $36,000. Vermillion Wealth Management Inc. lifted its position in BWX Technologies by 71.7% in the fourth quarter. Vermillion Wealth Management Inc. now owns 237 shares of the technology company's stock worth $41,000 after purchasing an additional 99 shares during the period. Finally, Smithfield Trust Co boosted its stake in BWX Technologies by 52.1% during the 4th quarter. Smithfield Trust Co now owns 251 shares of the technology company's stock valued at $44,000 after purchasing an additional 86 shares in the last quarter. 94.39% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

BWXT has been the subject of several research analyst reports. Truist Financial cut their price objective on BWX Technologies from $212.00 to $202.00 and set a "hold" rating for the company in a report on Friday, August 14th. Wall Street Zen downgraded shares of BWX Technologies from a "buy" rating to a "hold" rating in a report on Saturday, August 8th. Weiss Ratings upgraded shares of BWX Technologies from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Wednesday, August 12th. BTIG Research reaffirmed a "buy" rating and issued a $235.00 price objective on shares of BWX Technologies in a research note on Tuesday, August 4th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of BWX Technologies from a "hold" rating to a "buy" rating and boosted their target price for the stock from $205.00 to $255.00 in a report on Friday, May 15th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, BWX Technologies presently has an average rating of "Moderate Buy" and a consensus target price of $227.20.

Insiders Place Their Bets

In other BWX Technologies news, CEO Rex D. Geveden sold 10,000 shares of BWX Technologies stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $172.50, for a total value of $1,725,000.00. Following the transaction, the chief executive officer owned 192,491 shares in the company, valued at $33,204,697.50. The trade was a 4.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is owned by company insiders.

BWX Technologies Stock Performance

NYSE BWXT opened at $156.95 on Monday. The company has a current ratio of 2.40, a quick ratio of 2.33 and a debt-to-equity ratio of 1.51. The firm has a market capitalization of $14.38 billion, a price-to-earnings ratio of 40.66, a P/E/G ratio of 2.45 and a beta of 0.76. The firm's 50 day simple moving average is $180.70 and its 200 day simple moving average is $197.34. BWX Technologies, Inc. has a 1 year low of $154.59 and a 1 year high of $241.82.

BWX Technologies (NYSE:BWXT - Get Free Report) last announced its quarterly earnings data on Monday, August 3rd. The technology company reported $1.07 EPS for the quarter, beating the consensus estimate of $1.04 by $0.03. BWX Technologies had a net margin of 10.11% and a return on equity of 30.83%. The business had revenue of $901.62 million during the quarter, compared to the consensus estimate of $902.41 million. During the same period in the previous year, the business earned $1.02 earnings per share. The company's revenue was up 18.0% on a year-over-year basis. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. As a group, research analysts expect that BWX Technologies, Inc. will post 4.75 earnings per share for the current fiscal year.

BWX Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Tuesday, August 18th will be given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Tuesday, August 18th. BWX Technologies's dividend payout ratio is currently 27.98%.

BWX Technologies Company Profile

BWX Technologies, Inc NYSE: BWXT is a specialized supplier of nuclear components and services, primarily serving the U.S. government and commercial markets. The company's core expertise lies in the design, fabrication and servicing of nuclear propulsion systems for the U.S. Navy, where it supports the maintenance and overhaul of naval nuclear reactors. In addition to defense applications, BWXT develops small modular reactors (SMRs), nuclear fuel and related technologies for non‐defense power generation, offering scalable solutions to meet evolving energy and industrial demands.

Beyond propulsion and power systems, BWXT is a leading producer of medical radioisotopes used in diagnostic imaging and cancer treatment.

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