BWX Technologies, Inc. (NYSE:BWXT) Shares Sold by Moody Aldrich Partners LLC

Moody Aldrich Partners LLC lessened its position in BWX Technologies, Inc. (NYSE:BWXT - Free Report) by 35.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 98,104 shares of the technology company's stock after selling 53,789 shares during the quarter. BWX Technologies makes up about 1.4% of Moody Aldrich Partners LLC's portfolio, making the stock its 13th biggest position. Moody Aldrich Partners LLC owned about 0.11% of BWX Technologies worth $7,528,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Cetera Investment Advisers raised its position in BWX Technologies by 2.1% in the 1st quarter. Cetera Investment Advisers now owns 7,907 shares of the technology company's stock valued at $498,000 after buying an additional 165 shares during the last quarter. Truist Financial Corp boosted its stake in BWX Technologies by 3.1% in the 4th quarter. Truist Financial Corp now owns 6,177 shares of the technology company's stock valued at $359,000 after purchasing an additional 188 shares during the period. Fifth Third Bancorp boosted its stake in BWX Technologies by 30.4% in the 3rd quarter. Fifth Third Bancorp now owns 926 shares of the technology company's stock valued at $69,000 after purchasing an additional 216 shares during the period. Prudential Financial Inc. boosted its stake in BWX Technologies by 4.5% in the 2nd quarter. Prudential Financial Inc. now owns 5,437 shares of the technology company's stock valued at $291,000 after purchasing an additional 234 shares during the period. Finally, Raymond James Financial Services Advisors Inc. boosted its stake in BWX Technologies by 1.6% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 15,414 shares of the technology company's stock valued at $1,156,000 after purchasing an additional 250 shares during the period. Institutional investors and hedge funds own 94.39% of the company's stock.

BWX Technologies Price Performance

Shares of BWXT stock traded down $2.66 on Tuesday, hitting $97.05. 775,314 shares of the company's stock were exchanged, compared to its average volume of 593,649. The company has a debt-to-equity ratio of 1.29, a current ratio of 2.18 and a quick ratio of 2.18. BWX Technologies, Inc. has a 12 month low of $60.17 and a 12 month high of $107.18. The stock has a market cap of $8.87 billion, a P/E ratio of 36.08, a price-to-earnings-growth ratio of 3.20 and a beta of 0.73. The company has a 50 day moving average of $95.38 and a 200 day moving average of $83.66.

BWX Technologies (NYSE:BWXT - Get Free Report) last announced its quarterly earnings data on Tuesday, February 27th. The technology company reported $1.01 earnings per share for the quarter, topping the consensus estimate of $0.94 by $0.07. BWX Technologies had a return on equity of 32.38% and a net margin of 9.85%. The business had revenue of $725.52 million during the quarter, compared to the consensus estimate of $659.42 million. During the same period in the prior year, the company earned $0.93 EPS. BWX Technologies's revenue for the quarter was up 16.2% on a year-over-year basis. On average, equities research analysts predict that BWX Technologies, Inc. will post 3.14 EPS for the current year.

BWX Technologies Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Monday, March 11th were issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date of this dividend was Friday, March 8th. This is a boost from BWX Technologies's previous quarterly dividend of $0.23. BWX Technologies's dividend payout ratio is presently 35.69%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on BWXT shares. Bank of America upped their target price on BWX Technologies from $82.00 to $115.00 and gave the company a "buy" rating in a research report on Thursday, March 28th. Truist Financial reiterated a "hold" rating and set a $95.00 target price (down from $110.00) on shares of BWX Technologies in a research report on Monday, March 25th. Finally, StockNews.com downgraded BWX Technologies from a "buy" rating to a "hold" rating in a research report on Tuesday, March 12th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $89.00.

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.