BWX Technologies, Inc. (NYSE:BWXT) Shares Sold by Toth Financial Advisory Corp

Toth Financial Advisory Corp lessened its position in BWX Technologies, Inc. (NYSE:BWXT - Free Report) by 92.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 320 shares of the technology company's stock after selling 3,700 shares during the quarter. Toth Financial Advisory Corp's holdings in BWX Technologies were worth $32,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Ameriflex Group Inc. purchased a new position in BWX Technologies during the fourth quarter valued at approximately $34,000. Principal Securities Inc. increased its holdings in shares of BWX Technologies by 40.4% during the fourth quarter. Principal Securities Inc. now owns 316 shares of the technology company's stock valued at $35,000 after acquiring an additional 91 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its stake in BWX Technologies by 200.0% in 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. Vermillion Wealth Management Inc. purchased a new stake in BWX Technologies during the 4th quarter worth approximately $40,000. Finally, V Square Quantitative Management LLC increased its stake in BWX Technologies by 40.5% during the 4th quarter. V Square Quantitative Management LLC now owns 406 shares of the technology company's stock valued at $45,000 after purchasing an additional 117 shares in the last quarter. 94.39% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have weighed in on BWXT shares. Maxim Group dropped their price target on BWX Technologies from $140.00 to $136.00 and set a "buy" rating on the stock in a research note on Thursday, May 8th. William Blair began coverage on shares of BWX Technologies in a report on Wednesday, May 28th. They issued an "outperform" rating on the stock. Seaport Res Ptn raised shares of BWX Technologies to a "strong-buy" rating in a research report on Tuesday, April 1st. CLSA reaffirmed an "outperform" rating and issued a $177.60 price objective (up from $153.00) on shares of BWX Technologies in a report on Tuesday, May 27th. Finally, Bank of America cut their price objective on shares of BWX Technologies from $160.00 to $135.00 and set a "buy" rating on the stock in a research note on Wednesday, March 26th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, BWX Technologies currently has a consensus rating of "Moderate Buy" and a consensus target price of $129.84.

BWX Technologies Stock Performance

NYSE BWXT traded down $0.82 during mid-day trading on Tuesday, reaching $131.80. 1,928,408 shares of the stock were exchanged, compared to its average volume of 847,048. The company has a market capitalization of $12.04 billion, a P/E ratio of 43.64, a P/E/G ratio of 3.20 and a beta of 0.66. The company has a debt-to-equity ratio of 1.15, a quick ratio of 2.25 and a current ratio of 2.25. The business's 50 day moving average is $110.07 and its 200-day moving average is $111.51. BWX Technologies, Inc. has a 1 year low of $84.21 and a 1 year high of $136.31.

BWX Technologies (NYSE:BWXT - Get Free Report) last posted its earnings results on Monday, May 5th. The technology company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $0.18. BWX Technologies had a net margin of 10.32% and a return on equity of 31.95%. The business had revenue of $682.26 million for the quarter, compared to analyst estimates of $644.15 million. During the same period in the prior year, the company posted $0.76 EPS. The company's revenue for the quarter was up 13.0% on a year-over-year basis. On average, equities research analysts forecast 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 was paid on Thursday, June 5th. Shareholders of record on Monday, May 19th were paid a dividend of $0.25 per share. The ex-dividend date was Monday, May 19th. This represents a $1.00 annualized dividend and a yield of 0.76%. BWX Technologies's dividend payout ratio (DPR) is currently 31.85%.

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.