BWX Technologies (NYSE:BWXT) Shares Climb 8.2% - Still a Buy?

Key Points

• BWX Technologies shares rose 8.2% to $146.43, although trading volume was about 75% below the average daily level.
• Analysts maintain a “Moderate Buy” consensus, with an average price target of $208.33; ratings include one Strong Buy, ten Buys and five Holds.
• The company exceeded quarterly EPS estimates, reporting $1.07 versus $1.04 expected, while revenue increased 18% year over year. BWXT also declared a quarterly dividend of $0.27, representing a 0.7% annualized yield.

Shares of BWX Technologies, Inc. (NYSE:BWXT - Get Free Report) were up 8.2% on Tuesday. The company traded as high as $146.41 and last traded at $146.43. Approximately 258,216 shares changed hands during mid-day trading, a decline of 75% from the average daily volume of 1,037,997 shares. The stock had previously closed at $135.35.

Wall Street Analysts Forecast Growth

BWXT has been the topic of a number of research reports. Weiss Ratings downgraded shares of BWX Technologies from a "buy (b-)" rating to a "hold (c+)" rating in a report on Wednesday, August 26th. Seaport Research Partners upgraded BWX Technologies from a "neutral" rating to a "buy" rating and set a $245.00 price objective on the stock in a research report on Monday, June 22nd. Wells Fargo & Company raised BWX Technologies from an "underweight" rating to an "equal weight" rating and lowered their price objective for the company from $200.00 to $170.00 in a research note on Thursday, August 27th. Guggenheim reiterated a "buy" rating and issued a $192.00 target price on shares of BWX Technologies in a report on Wednesday, September 30th. Finally, BTIG Research reissued a "buy" rating and set a $235.00 target price on shares of BWX Technologies in a research report on Wednesday, September 30th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $208.33.

BWX Technologies Stock Up 7.9%

The company has a current ratio of 2.40, a quick ratio of 2.33 and a debt-to-equity ratio of 1.51. The company has a 50-day simple moving average of $155.37 and a 200 day simple moving average of $185.67. The company has a market cap of $13.37 billion, a P/E ratio of 37.87, a P/E/G ratio of 2.06 and a beta of 0.74.

BWX Technologies (NYSE:BWXT - Get Free Report) last released its earnings results on Monday, August 3rd. The technology company reported $1.07 earnings per share for the quarter, topping the consensus estimate of $1.04 by $0.03. The business had revenue of $901.62 million during the quarter, compared to the consensus estimate of $902.41 million. BWX Technologies had a return on equity of 30.83% and a net margin of 10.11%.The business's revenue for the quarter was up 18.0% compared to the same quarter last year. During the same period last year, the company earned $1.02 earnings per share. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. On average, equities analysts anticipate that BWX Technologies, Inc. will post 4.75 EPS for the current year.

BWX Technologies Announces Dividend

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

Insider Buying and Selling

In other BWX Technologies news, CEO Rex D. Geveden sold 10,000 shares of BWX Technologies 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. The trade was a 4.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is owned by insiders.

Institutional Trading of BWX Technologies

Institutional investors and hedge funds have recently made changes to their positions in the company. Cannell & Spears LLC increased its holdings in BWX Technologies by 4.0% in the first quarter. Cannell & Spears LLC now owns 1,312 shares of the technology company's stock valued at $251,000 after buying an additional 50 shares during the last quarter. Private Advisor Group LLC lifted its holdings in BWX Technologies by 2.4% during the 1st quarter. Private Advisor Group LLC now owns 2,847 shares of the technology company's stock worth $582,000 after buying an additional 67 shares during the last quarter. Beck Capital Management LLC grew its position in shares of BWX Technologies by 0.3% in the 4th quarter. Beck Capital Management LLC now owns 25,032 shares of the technology company's stock worth $4,327,000 after acquiring an additional 72 shares in the last quarter. Modera Wealth Management LLC grew its position in shares of BWX Technologies by 4.6% in 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. Finally, IFP Advisors Inc increased its holdings in shares of BWX Technologies by 3.3% in the 2nd quarter. IFP Advisors Inc now owns 2,442 shares of the technology company's stock valued at $475,000 after acquiring an additional 79 shares during the last quarter. 94.39% of the stock is currently owned by institutional investors.

BWX Technologies Company Profile

BWX Technologies, Inc NYSE: BWXT is a provider of nuclear components, systems and services for government and commercial customers. The company is best known for designing and manufacturing nuclear reactors and related components for the U.S. Navy's nuclear-powered aircraft carriers and submarines. It also supports the nuclear fuel cycle and provides engineering, manufacturing, maintenance and technical services for nuclear facilities.

BWXT serves the U.S. government, commercial nuclear power producers, research institutions and customers in the healthcare and space industries.

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