VELA Investment Management LLC Lowers Position in BWX Technologies, Inc. $BWXT

Key Points

• VELA Investment Management cut its stake in BWX Technologies by 58.4% in Q4 and now holds 5,695 shares valued at about $984,000; during the quarter insiders sold 13,327 shares (including the CEO), while institutional investors still own 94.39% of the company.
• BWXT beat Q4 expectations with $1.08 EPS vs. $0.91 est. and $885.8M revenue vs. $837.5M est., set FY2026 guidance of 4.55–4.70 EPS, and increased its quarterly dividend to $0.27 (annualized $1.08); analysts’ consensus EPS for the year is ~4.61 and the stock’s average price target is $207.60.

VELA Investment Management LLC lessened its position in BWX Technologies, Inc. (NYSE:BWXT - Free Report) by 58.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 5,695 shares of the technology company's stock after selling 8,006 shares during the quarter. VELA Investment Management LLC's holdings in BWX Technologies were worth $984,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Oppenheimer Asset Management Inc. lifted its stake in shares of BWX Technologies by 1.0% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 5,448 shares of the technology company's stock valued at $942,000 after purchasing an additional 54 shares during the period. Stratos Wealth Partners LTD. raised its stake in BWX Technologies by 3.5% during the fourth quarter. Stratos Wealth Partners LTD. now owns 1,979 shares of the technology company's stock valued at $342,000 after buying an additional 67 shares during the last quarter. Corient Private Wealth LLC raised its stake in BWX Technologies by 1.2% during the second quarter. Corient Private Wealth LLC now owns 5,880 shares of the technology company's stock valued at $847,000 after buying an additional 69 shares during the last quarter. Barnes Dennig Private Wealth Management LLC raised its stake in BWX Technologies by 10.1% during the fourth quarter. Barnes Dennig Private Wealth Management LLC now owns 783 shares of the technology company's stock valued at $135,000 after buying an additional 72 shares during the last quarter. Finally, Cascade Investment Advisors Inc. raised its stake in BWX Technologies by 1.0% during the fourth quarter. Cascade Investment Advisors Inc. now owns 8,884 shares of the technology company's stock valued at $1,536,000 after buying an additional 87 shares during the last quarter. Hedge funds and other institutional investors own 94.39% of the company's stock.

BWX Technologies Stock Down 0.0%

BWX Technologies stock opened at $216.37 on Friday. The firm has a market cap of $19.82 billion, a price-to-earnings ratio of 60.61, a PEG ratio of 3.74 and a beta of 0.78. The stock has a fifty day simple moving average of $212.42 and a two-hundred day simple moving average of $199.57. BWX Technologies, Inc. has a 12 month low of $102.42 and a 12 month high of $241.82. The company has a current ratio of 2.32, a quick ratio of 2.25 and a debt-to-equity ratio of 1.64.

BWX Technologies (NYSE:BWXT - Get Free Report) last posted its earnings results on Monday, February 23rd. The technology company reported $1.08 EPS for the quarter, topping analysts' consensus estimates of $0.91 by $0.17. The business had revenue of $885.84 million during the quarter, compared to analyst estimates of $837.47 million. BWX Technologies had a return on equity of 30.94% and a net margin of 10.28%.The company's quarterly revenue was up 18.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.92 EPS. BWX Technologies has set its FY 2026 guidance at 4.550-4.700 EPS. Equities analysts predict that BWX Technologies, Inc. will post 4.61 EPS for the current fiscal year.

BWX Technologies Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Wednesday, March 11th were issued a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Wednesday, March 11th. This is a positive change from BWX Technologies's previous quarterly dividend of $0.25. BWX Technologies's dividend payout ratio is 30.25%.

Insiders Place Their Bets

In related news, CAO Kevin James Gorman sold 1,344 shares of BWX Technologies stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $214.71, for a total value of $288,570.24. Following the completion of the sale, the chief accounting officer owned 114 shares of the company's stock, valued at $24,476.94. The trade was a 92.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Rex D. Geveden sold 10,000 shares of BWX Technologies stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $203.26, for a total value of $2,032,600.00. Following the completion of the sale, the chief executive officer directly owned 177,594 shares of the company's stock, valued at $36,097,756.44. The trade was a 5.33% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 13,327 shares of company stock valued at $2,734,844. Corporate insiders own 0.60% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on BWXT shares. Weiss Ratings upgraded BWX Technologies from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Wednesday, February 25th. Zacks Research upgraded BWX Technologies from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, January 21st. BTIG Research lifted their price objective on BWX Technologies from $225.00 to $235.00 and gave the company a "buy" rating in a research note on Thursday, February 26th. Wall Street Zen cut BWX Technologies from a "buy" rating to a "hold" rating in a research note on Saturday, February 28th. Finally, TD Cowen started coverage on BWX Technologies in a research note on Thursday, March 12th. They set a "buy" rating and a $230.00 price objective for the company. Three research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $207.60.

BWX Technologies Company 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.

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