Tema ETFs LLC Acquires 25,368 Shares of BWX Technologies, Inc. $BWXT

Key Points

• Tema ETFs LLC increased its BWX Technologies stake by 45.5% in the second quarter, adding 25,368 shares to own 81,179 shares worth approximately $15.8 million. Institutional investors collectively hold 94.39% of BWXT’s stock.
• Analysts maintain a generally positive outlook, with the stock carrying a consensus “Moderate Buy” rating and an average price target of $228.20. Recent targets range from $212 to $235.
• BWX Technologies exceeded quarterly earnings expectations, reporting $1.07 EPS versus $1.04 expected, while revenue rose 18% year over year to $901.62 million. The company also declared a quarterly dividend of $0.27 per share, representing a 0.6% annual yield.

Tema ETFs LLC raised its stake in shares of BWX Technologies, Inc. (NYSE:BWXT - Free Report) by 45.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 81,179 shares of the technology company's stock after buying an additional 25,368 shares during the quarter. Tema ETFs LLC owned about 0.09% of BWX Technologies worth $15,801,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of BWXT. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of BWX Technologies during the fourth quarter valued at about $9,754,000. MGO One Seven LLC lifted its position in shares of BWX Technologies by 354.7% in the fourth quarter. MGO One Seven LLC now owns 17,695 shares of the technology company's stock worth $3,058,000 after buying an additional 13,803 shares in the last quarter. Intech Investment Management LLC lifted its position in shares of BWX Technologies by 22.7% in the fourth quarter. Intech Investment Management LLC now owns 32,668 shares of the technology company's stock worth $5,646,000 after buying an additional 6,053 shares in the last quarter. Ranger Investment Management L.P. bought a new position in BWX Technologies during the first quarter valued at approximately $11,991,000. Finally, Mizuho Markets Americas LLC bought a new position in BWX Technologies during the fourth quarter valued at approximately $36,097,000. Hedge funds and other institutional investors own 94.39% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. JPMorgan Chase & Co. initiated coverage on BWX Technologies in a research note on Monday, July 27th. They issued an "overweight" rating and a $230.00 price objective on the stock. Weiss Ratings downgraded BWX Technologies from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Wednesday, July 29th. Truist Financial raised their target price on shares of BWX Technologies from $205.00 to $212.00 and gave the company a "hold" rating in a report on Monday, May 11th. Wall Street Zen cut shares of BWX Technologies from a "buy" rating to a "hold" rating in a research report on Saturday. Finally, BTIG Research reaffirmed a "buy" rating and set a $235.00 price target on shares of BWX Technologies in a research note on Tuesday, August 4th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $228.20.

BWX Technologies Trading Up 0.7%

BWXT opened at $169.99 on Wednesday. The firm has a market cap of $15.57 billion, a P/E ratio of 44.04, a P/E/G ratio of 2.64 and a beta of 0.76. BWX Technologies, Inc. has a 12 month low of $157.10 and a 12 month high of $241.82. 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 stock has a 50-day moving average of $184.32 and a 200 day moving average of $199.75.

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 (EPS) for the quarter, beating analysts' consensus estimates of $1.04 by $0.03. The business had revenue of $901.62 million for the quarter, compared to the consensus estimate of $902.41 million. BWX Technologies had a return on equity of 30.83% and a net margin of 10.11%.The company's quarterly revenue was up 18.0% compared to the same quarter last year. During the same period in the prior year, the business posted $1.02 earnings per share. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. As a group, research analysts forecast that BWX Technologies, Inc. will post 4.75 EPS for the current year.

BWX Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Tuesday, August 18th will be given a dividend of $0.27 per share. The ex-dividend date is Tuesday, August 18th. This represents a $1.08 dividend on an annualized basis and a yield of 0.6%. BWX Technologies's payout ratio is 27.98%.

BWX Technologies 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source