BWX Technologies, Inc. (NYSE:BWXT - Get Free Report)'s stock price reached a new 52-week low during mid-day trading on Monday. The company traded as low as $135.26 and last traded at $135.7270, with a volume of 72371 shares trading hands. The stock had previously closed at $138.47.
Analysts Set New Price Targets
Several research analysts recently commented on the company. Weiss Ratings cut BWX Technologies from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Wednesday, August 26th. Wall Street Zen lowered BWX Technologies from a "buy" rating to a "hold" rating in a research report on Saturday, August 8th. JPMorgan Chase & Co. initiated coverage on BWX Technologies in a research note on Monday, July 27th. They issued an "overweight" rating and a $230.00 price objective for the company. BNP Paribas Exane lowered their price objective on BWX Technologies from $190.00 to $165.00 and set a "neutral" rating for the company in a research report on Thursday. Finally, Seaport Research Partners upgraded shares of BWX Technologies from a "neutral" rating to a "buy" rating and set a $245.00 target price on the stock in a research note on Monday, June 22nd. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $213.75.
Check Out Our Latest Stock Analysis on BWXT
BWX Technologies Stock Performance
The company has a market cap of $12.40 billion, a PE ratio of 35.13, a price-to-earnings-growth ratio of 2.17 and a beta of 0.75. The firm has a fifty day simple moving average of $159.93 and a 200-day simple moving average of $188.35. The company has a quick ratio of 2.33, a current ratio of 2.40 and a debt-to-equity ratio of 1.51.
BWX Technologies (NYSE:BWXT - Get Free Report) last issued its quarterly earnings data on Monday, August 3rd. The technology company reported $1.07 earnings per share for the quarter, beating analysts' consensus estimates of $1.04 by $0.03. BWX Technologies had a return on equity of 30.83% and a net margin of 10.11%.The company had revenue of $901.62 million during the quarter, compared to analysts' expectations of $902.41 million. During the same quarter in the previous year, the business earned $1.02 earnings per share. The firm'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. On average, research analysts forecast that BWX Technologies, Inc. will post 4.75 EPS for the current fiscal year.
BWX Technologies Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, August 18th were paid 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 yield of 0.8%. BWX Technologies's dividend payout ratio is currently 27.98%.
Insider Buying and Selling at BWX Technologies
In related news, CEO Rex D. Geveden sold 10,000 shares of the 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 sale, the chief executive officer directly owned 192,491 shares of the company's stock, valued at $33,204,697.50. This trade represents a 4.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On BWX Technologies
Hedge funds have recently added to or reduced their stakes in the company. Cannell & Spears LLC lifted its holdings in shares of BWX Technologies by 4.0% during the first quarter. Cannell & Spears LLC now owns 1,312 shares of the technology company's stock valued at $251,000 after purchasing an additional 50 shares during the last quarter. Private Advisor Group LLC grew its position in BWX Technologies by 2.4% during the first quarter. Private Advisor Group LLC now owns 2,847 shares of the technology company's stock valued at $582,000 after purchasing an additional 67 shares in the last quarter. Moors & Cabot Inc. increased its stake in shares of BWX Technologies by 3.7% in the fourth quarter. Moors & Cabot Inc. now owns 2,040 shares of the technology company's stock worth $353,000 after acquiring an additional 72 shares during the last quarter. Beck Capital Management LLC increased its holdings in BWX Technologies by 0.3% in the fourth quarter. Beck Capital Management LLC now owns 25,032 shares of the technology company's stock worth $4,327,000 after buying an additional 72 shares during the last quarter. Finally, Modera Wealth Management LLC boosted its stake in shares of BWX Technologies by 4.6% during the 1st quarter. Modera Wealth Management LLC now owns 1,757 shares of the technology company's stock worth $359,000 after acquiring an additional 77 shares in the last quarter. Institutional investors and hedge funds own 94.39% of the company's stock.
BWX Technologies Company Profile
(
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.
Further Reading
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