U.S. Capital Wealth Advisors LLC Takes Position in BWX Technologies, Inc. $BWXT

Key Points

• U.S. Capital Wealth Advisors LLC acquired 5,201 shares of BWX Technologies, valued at approximately $749,000, in the second quarter as part of a recent investment strategy.
• BWX Technologies reported a quarterly EPS of $1.02, surpassing estimates by $0.23, and indicated a year-over-year revenue increase of 12.1%.
• The company announced a quarterly dividend of $0.25 per share, representing a 0.6% yield, with a payout ratio of 31.25%.

U.S. Capital Wealth Advisors LLC purchased a new position in BWX Technologies, Inc. (NYSE:BWXT - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 5,201 shares of the technology company's stock, valued at approximately $749,000.

Other large investors also recently added to or reduced their stakes in the company. Mackenzie Financial Corp acquired a new stake in shares of BWX Technologies in the fourth quarter valued at about $387,000. Ameriflex Group Inc. purchased a new position in BWX Technologies in the 4th quarter valued at about $34,000. Centaurus Financial Inc. lifted its stake in BWX Technologies by 21.9% in the 4th quarter. Centaurus Financial Inc. now owns 1,840 shares of the technology company's stock valued at $205,000 after buying an additional 330 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in BWX Technologies by 2.4% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 7,448 shares of the technology company's stock worth $830,000 after buying an additional 172 shares during the last quarter. Finally, 111 Capital purchased a new stake in BWX Technologies during the 4th quarter worth approximately $364,000. 94.39% of the stock is currently owned by institutional investors and hedge funds.

BWX Technologies Stock Up 0.7%

NYSE BWXT opened at $176.28 on Friday. The business's fifty day simple moving average is $164.75 and its 200-day simple moving average is $133.61. The company has a quick ratio of 1.60, a current ratio of 1.69 and a debt-to-equity ratio of 1.28. The firm has a market cap of $16.11 billion, a PE ratio of 55.09, a P/E/G ratio of 3.96 and a beta of 0.75. BWX Technologies, Inc. has a 52 week low of $84.21 and a 52 week high of $189.25.

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

BWX Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 5th. Investors of record on Monday, August 18th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.6%. The ex-dividend date was Monday, August 18th. BWX Technologies's dividend payout ratio is presently 31.25%.

Wall Street Analysts Forecast Growth

BWXT has been the topic of several research reports. Maxim Group restated a "hold" rating on shares of BWX Technologies in a research report on Wednesday, August 6th. William Blair reissued an "outperform" rating on shares of BWX Technologies in a research note on Wednesday, September 17th. Truist Financial set a $145.00 target price on shares of BWX Technologies and gave the stock a "hold" rating in a research note on Tuesday, August 5th. Bank of America upped their target price on shares of BWX Technologies from $155.00 to $220.00 and gave the stock a "buy" rating in a report on Wednesday, August 13th. Finally, Northland Securities assumed coverage on shares of BWX Technologies in a research note on Wednesday, September 10th. They issued an "outperform" rating and a $205.00 price target on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, BWX Technologies currently has an average rating of "Moderate Buy" and an average target price of $160.83.

Insiders Place Their Bets

In related news, Director Leland D. Melvin sold 600 shares of the firm's stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $178.26, for a total transaction of $106,956.00. Following the completion of the sale, the director directly owned 5,579 shares of the company's stock, valued at approximately $994,512.54. This trade represents a 9.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Rex D. Geveden sold 25,000 shares of the business's stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $179.00, for a total transaction of $4,475,000.00. Following the completion of the sale, the chief executive officer owned 197,594 shares in the company, valued at approximately $35,369,326. This trade represents a 11.23% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 29,953 shares of company stock worth $5,359,758 in the last three months. 0.47% of the stock is owned by insiders.

BWX Technologies Company 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.

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