VIRGINIA RETIREMENT SYSTEMS ET Al Purchases New Shares in BWX Technologies, Inc. $BWXT

Key Points

• Virginia Retirement Systems acquired 24,620 BWX Technologies shares worth approximately $4.8 million in the second quarter. Institutional investors and hedge funds collectively own 94.39% of the company.
• Analyst sentiment remains positive overall, with BWXT holding a “Moderate Buy” consensus rating and an average price target of $220.27, although several firms recently lowered their targets.
• BWXT reported quarterly EPS of $1.07, beating estimates, while revenue rose 18% year over year to $901.62 million. The company reaffirmed fiscal 2026 EPS guidance of $4.70–$4.80 and paid a quarterly dividend of $0.27 per share.

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in BWX Technologies, Inc. (NYSE:BWXT - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 24,620 shares of the technology company's stock, valued at approximately $4,792,000.

A number of other institutional investors also recently bought and sold shares of BWXT. M.D. Sass LLC purchased a new position in shares of BWX Technologies in the 2nd quarter valued at approximately $2,619,000. Ranger Investment Management L.P. purchased a new stake in shares of BWX Technologies during the first quarter worth approximately $11,991,000. Intech Investment Management LLC lifted its holdings in shares of BWX Technologies by 22.7% during the fourth quarter. Intech Investment Management LLC now owns 32,668 shares of the technology company's stock worth $5,646,000 after purchasing an additional 6,053 shares during the period. Silvant Capital Management LLC acquired a new stake in shares of BWX Technologies during the second quarter worth $6,574,000. Finally, Mizuho Markets Americas LLC purchased a new position in BWX Technologies in the 4th quarter valued at $36,097,000. 94.39% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have issued reports on BWXT. Deutsche Bank Aktiengesellschaft raised shares of BWX Technologies from a "hold" rating to a "buy" rating and boosted their price objective for the company from $205.00 to $255.00 in a research note on Friday, May 15th. Truist Financial reduced their target price on shares of BWX Technologies from $212.00 to $202.00 and set a "hold" rating for the company in a research note on Friday, August 14th. Weiss Ratings downgraded shares of BWX Technologies from a "buy (b-)" rating to a "hold (c+)" rating in a report on Wednesday, August 26th. Jefferies Financial Group began coverage on shares of BWX Technologies in a research note on Thursday, September 3rd. They set a "buy" rating and a $181.00 price target on the stock. Finally, Wells Fargo & Company raised shares of BWX Technologies from an "underweight" rating to an "equal weight" rating and cut their price target for the stock from $200.00 to $170.00 in a report on Thursday, August 27th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have assigned a Hold rating to the company's stock. Based on data from MarketBeat, BWX Technologies presently has a consensus rating of "Moderate Buy" and an average target price of $220.27.

Insider Buying and Selling

In other BWX Technologies news, CEO Rex D. Geveden sold 10,000 shares of the firm's stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $172.50, for a total transaction of $1,725,000.00. Following the completion of the transaction, the chief executive officer owned 192,491 shares of the company's stock, valued at approximately $33,204,697.50. This trade represents a 4.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.60% of the company's stock.

BWX Technologies Trading Up 1.8%

Shares of BWXT stock opened at $160.41 on Wednesday. The business's fifty day moving average price is $169.71 and its 200 day moving average price is $193.68. The firm has a market capitalization of $14.70 billion, a PE ratio of 41.56, a P/E/G ratio of 2.47 and a beta of 0.75. The company has a debt-to-equity ratio of 1.51, a current ratio of 2.40 and a quick ratio of 2.33. BWX Technologies, Inc. has a 1-year low of $147.74 and a 1-year high of $241.82.

BWX Technologies (NYSE:BWXT - Get Free Report) last posted its quarterly earnings results on Monday, August 3rd. The technology company reported $1.07 earnings per share for the quarter, topping analysts' consensus estimates of $1.04 by $0.03. BWX Technologies had a net margin of 10.11% and a return on equity of 30.83%. The business had revenue of $901.62 million for the quarter, compared to analysts' expectations of $902.41 million. During the same period in the prior year, the company posted $1.02 EPS. The business's revenue for the quarter was up 18.0% on a year-over-year basis. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. As a group, sell-side analysts forecast that BWX Technologies, Inc. will post 4.75 EPS for the current fiscal year.

BWX Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, August 18th were issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Tuesday, August 18th. BWX Technologies's dividend payout ratio is 27.98%.

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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