BWX Technologies, Inc. (NYSE:BWXT - Get Free Report) hit a new 52-week low on Monday . The stock traded as low as $146.40 and last traded at $145.7910, with a volume of 8134 shares. The stock had previously closed at $150.12.
Analyst Upgrades and Downgrades
BWXT has been the topic of a number of recent analyst reports. BTIG Research reissued a "buy" rating and issued a $235.00 price objective on shares of BWX Technologies in a research report on Tuesday, August 4th. JPMorgan Chase & Co. initiated coverage on shares of BWX Technologies in a research report on Monday, July 27th. They issued an "overweight" rating and a $230.00 price target for the company. Wells Fargo & Company upgraded BWX Technologies from an "underweight" rating to an "equal weight" rating and cut their target price for the stock from $200.00 to $170.00 in a research report on Thursday, August 27th. Seaport Research Partners raised BWX Technologies from a "neutral" rating to a "buy" rating and set a $245.00 target price for the company in a research report on Monday, June 22nd. Finally, Weiss Ratings lowered BWX Technologies from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Wednesday, August 26th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, BWX Technologies currently has an average rating of "Moderate Buy" and a consensus price target of $220.27.
View Our Latest Stock Analysis on BWXT
BWX Technologies Stock Down 3.2%
The company has a debt-to-equity ratio of 1.51, a current ratio of 2.40 and a quick ratio of 2.33. The firm's 50 day moving average price is $167.43 and its two-hundred day moving average price is $192.58. The firm has a market cap of $13.32 billion, a price-to-earnings ratio of 37.82, a P/E/G ratio of 2.35 and a beta of 0.75.
BWX Technologies (NYSE:BWXT - Get Free Report) last issued its quarterly earnings results on Monday, August 3rd. The technology company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.04 by $0.03. The firm had revenue of $901.62 million for the quarter, compared to analysts' expectations of $902.41 million. BWX Technologies had a return on equity of 30.83% and a net margin of 10.11%.The firm's revenue for the quarter was up 18.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.02 EPS. 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 earnings per share for the current fiscal year.
BWX Technologies Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, August 18th were issued a dividend of $0.27 per share. The ex-dividend date of this dividend was Tuesday, August 18th. This represents a $1.08 annualized dividend and a dividend yield of 0.7%. BWX Technologies's dividend payout ratio (DPR) is currently 27.98%.
Insiders Place Their Bets
In other BWX Technologies news, CEO Rex D. Geveden sold 10,000 shares of the business's stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $172.50, for a total value of $1,725,000.00. Following the transaction, the chief executive officer directly owned 192,491 shares of the company's stock, valued at approximately $33,204,697.50. The trade was a 4.94% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is currently owned by company insiders.
Institutional Trading of BWX Technologies
Several hedge funds have recently made changes to their positions in the company. California State Teachers Retirement System lifted its position in BWX Technologies by 19,438.2% in the second quarter. California State Teachers Retirement System now owns 20,717,573 shares of the technology company's stock valued at $4,032,676,000 after purchasing an additional 20,611,537 shares during the period. BlackRock Inc. acquired a new stake in shares of BWX Technologies in the 2nd quarter valued at approximately $2,359,895,000. Invesco Ltd. lifted its holdings in shares of BWX Technologies by 0.7% in the 4th quarter. Invesco Ltd. now owns 2,568,117 shares of the technology company's stock valued at $443,873,000 after buying an additional 18,967 shares during the period. Franklin Resources Inc. boosted its stake in shares of BWX Technologies by 2.4% in the fourth quarter. Franklin Resources Inc. now owns 2,258,282 shares of the technology company's stock valued at $390,321,000 after buying an additional 53,594 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in BWX Technologies by 3.9% during the fourth quarter. Geode Capital Management LLC now owns 1,857,716 shares of the technology company's stock worth $321,176,000 after acquiring an additional 69,857 shares during the period. Institutional investors and hedge funds own 94.39% of the company's stock.
About BWX Technologies
(
Get Free Report)
BWX Technologies, Inc NYSE: BWXT is a technology and manufacturing company that specializes in nuclear components, systems and services. The company primarily serves government and commercial customers in the nuclear energy, national security and medical markets.
BWXT is a major supplier to the U.S. government and supports the U.S. Navy's nuclear propulsion program by designing and manufacturing nuclear reactors and related components for naval vessels. Its offerings also include nuclear fuel, reactor components, engineering and maintenance services, and technologies intended for advanced and small modular reactors.
Through its commercial and medical businesses, BWXT provides nuclear equipment and services for civilian power generation, produces medical radioisotopes and related technologies, and supports research and other specialized applications.
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