Segra Capital Management LLC Buys 355,136 Shares of BWX Technologies, Inc. $BWXT

Key Points

• Segra Capital Management acquired 355,136 BWX Technologies shares worth approximately $48.7 million, making BWXT its sixth-largest portfolio holding. Institutional investors collectively own 94.39% of the company.
• BWXT reported quarterly earnings of $1.07 per share, beating estimates by $0.03, while revenue rose 18% year over year to $901.62 million. The company reaffirmed fiscal 2026 EPS guidance of $4.70–$4.80.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $205, despite some recent target cuts. BWXT also declared a quarterly dividend of $0.27, equal to a 0.8% annualized yield.

Segra Capital Management LLC bought a new stake in shares of BWX Technologies, Inc. (NYSE:BWXT - Free Report) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 355,136 shares of the technology company's stock, valued at approximately $48,654,000. BWX Technologies accounts for about 4.5% of Segra Capital Management LLC's investment portfolio, making the stock its 6th largest position.

Several other hedge funds also recently added to or reduced their stakes in BWXT. BlackRock Inc. acquired a new stake in BWX Technologies during the 2nd quarter worth about $2,359,895,000. Bank of New York Mellon Corp acquired a new position in shares of BWX Technologies in the 2nd quarter valued at about $222,587,000. Bank of America Corp DE acquired a new position in shares of BWX Technologies in the 2nd quarter valued at about $202,020,000. William Blair Investment Management LLC purchased a new stake in shares of BWX Technologies in the second quarter worth about $183,211,000. Finally, Nicholas Investment Partners LP purchased a new stake in shares of BWX Technologies in the second quarter worth about $53,022,000. 94.39% of the stock is owned by hedge funds and other institutional investors.

BWX Technologies Stock Up 0.6%

BWXT opened at $134.83 on Thursday. BWX Technologies, Inc. has a fifty-two week low of $123.05 and a fifty-two week high of $241.82. The company has a debt-to-equity ratio of 1.51, a quick ratio of 2.33 and a current ratio of 2.40. The company has a fifty day moving average of $144.53 and a two-hundred day moving average of $185.50. The stock has a market capitalization of $12.35 billion, a price-to-earnings ratio of 34.93, a PEG ratio of 1.80 and a beta of 0.74.

BWX Technologies (NYSE:BWXT - Get Free Report) last issued its quarterly earnings data on Monday, August 3rd. The technology company reported $1.07 earnings per share for the quarter, topping analysts' consensus estimates 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 quarter in the prior year, the firm posted $1.02 earnings per share. The company's revenue was up 18.0% compared to the same quarter last year. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. On average, research analysts expect that BWX Technologies, Inc. will post 4.75 earnings per share for the current year.

BWX Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, August 18th were issued a $0.27 dividend. The ex-dividend date of this dividend was Tuesday, August 18th. This represents a $1.08 dividend on an annualized basis and a yield of 0.8%. BWX Technologies's dividend payout ratio is presently 27.98%.

Wall Street Analyst Weigh In

Several research firms recently commented on BWXT. BNP Paribas Exane dropped their target price on BWX Technologies from $190.00 to $165.00 and set a "neutral" rating on the stock in a report on Thursday, September 24th. Northland Securities reduced their price target on BWX Technologies from $250.00 to $220.00 and set an "outperform" rating for the company in a research report on Wednesday, September 30th. Wall Street Zen downgraded BWX Technologies from a "buy" rating to a "hold" rating in a report on Saturday, August 8th. Jefferies Financial Group assumed coverage on BWX Technologies in a research report on Thursday, September 3rd. They issued a "buy" rating and a $181.00 price objective on the stock. Finally, Citigroup restated an "outperform" rating on shares of BWX Technologies in a research report on Wednesday, September 30th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $205.00.

Insider Transactions at BWX Technologies

In other BWX Technologies news, CEO Rex D. Geveden sold 10,000 shares of the stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $172.50, for a total transaction of $1,725,000.00. Following the transaction, the chief executive officer owned 192,491 shares in the company, valued at approximately $33,204,697.50. This represents a 4.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.60% of the company's stock.

About BWX Technologies

BWX Technologies, Inc NYSE: BWXT is a specialty manufacturer and services provider focused on nuclear technology. The company designs and manufactures nuclear reactors, reactor components, nuclear fuel and related equipment, with a major emphasis on highly engineered systems used in naval and commercial applications.

BWXT is a key supplier to the U.S. government, supporting the U.S. Navy's nuclear-powered aircraft carriers and submarines through reactor design, component manufacturing, fuel production, maintenance and life-cycle services.

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