Tema Etfs LLC Has $1.20 Million Position in BWX Technologies, Inc. $BWXT

Key Points

• Tema Etfs LLC significantly increased its stake in BWX Technologies, Inc. by 275.2%, acquiring an additional 8,938 shares to own a total of 12,186 shares valued at approximately $1.2 million.
• Multiple institutional investors, including Vanguard Group and T. Rowe Price, have also raised their holdings in BWX Technologies during the first quarter, indicating strong institutional confidence in the company.
• BWX Technologies recently reported better-than-expected quarterly earnings, with earnings per share of $1.02 surpassing estimates, and has set a fiscal year 2025 EPS guidance of 3.650-3.750.

Tema Etfs LLC boosted its stake in shares of BWX Technologies, Inc. (NYSE:BWXT - Free Report) by 275.2% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,186 shares of the technology company's stock after acquiring an additional 8,938 shares during the period. Tema Etfs LLC's holdings in BWX Technologies were worth $1,202,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in BWXT. Stone House Investment Management LLC bought a new position in BWX Technologies during the 1st quarter worth $31,000. Ameriflex Group Inc. bought a new position in BWX Technologies during the 4th quarter worth $34,000. MassMutual Private Wealth & Trust FSB increased its stake 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 acquiring an additional 236 shares during the period. HHM Wealth Advisors LLC increased its stake 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 period. Finally, Vermillion Wealth Management Inc. bought a new position in BWX Technologies during the 4th quarter worth $40,000. Institutional investors own 94.39% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on BWXT shares. CLSA reiterated an "outperform" rating and issued a $177.60 price target (up previously from $153.00) on shares of BWX Technologies in a research note on Tuesday, May 27th. William Blair reiterated an "outperform" rating on shares of BWX Technologies in a research note on Wednesday, June 18th. Maxim Group reiterated a "hold" rating on shares of BWX Technologies in a research note on Wednesday, August 6th. Truist Financial set a $145.00 price target on BWX Technologies and gave the company a "hold" rating in a research note on Tuesday, August 5th. Finally, Bank of America lifted their price target on BWX Technologies from $155.00 to $220.00 and gave the company a "buy" rating in a research note on Wednesday, August 13th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $154.51.

Insider Transactions at BWX Technologies

In other BWX Technologies news, SVP Ronald Owen Whitford, Jr. sold 2,092 shares of BWX Technologies stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $177.43, for a total transaction of $371,183.56. Following the transaction, the senior vice president directly owned 10,149 shares of the company's stock, valued at approximately $1,800,737.07. The trade was a 17.09% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Omar Fathi Meguid sold 2,261 shares of BWX Technologies stock in a transaction dated Wednesday, August 6th. The stock was sold at an average price of $179.84, for a total value of $406,618.24. Following the transaction, the senior vice president directly owned 2,361 shares in the company, valued at $424,602.24. The trade was a 48.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 29,953 shares of company stock worth $5,359,758. 0.47% of the stock is currently owned by insiders.

BWX Technologies Price Performance

BWXT stock traded down $3.90 during midday trading on Friday, reaching $161.94. 847,318 shares of the stock were exchanged, compared to its average volume of 1,415,553. The stock has a market capitalization of $14.80 billion, a PE ratio of 50.60, a P/E/G ratio of 3.67 and a beta of 0.73. BWX Technologies, Inc. has a 52 week low of $84.21 and a 52 week high of $189.25. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.69 and a quick ratio of 1.60. The company has a fifty day moving average price of $154.02 and a 200 day moving average price of $125.13.

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

BWX Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 5th. Investors of record on Monday, August 18th will be given a dividend of $0.25 per share. The ex-dividend date is Monday, August 18th. This represents a $1.00 dividend on an annualized basis and a yield of 0.6%. BWX Technologies's payout ratio is currently 31.25%.

BWX Technologies Profile

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.