Yaupon Capital Management LP Acquires Shares of 129,487 BWX Technologies, Inc. (NYSE:BWXT)

Yaupon Capital Management LP bought a new position in shares of BWX Technologies, Inc. (NYSE:BWXT - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 129,487 shares of the technology company's stock, valued at approximately $14,424,000. Yaupon Capital Management LP owned 0.14% of BWX Technologies at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. HHM Wealth Advisors LLC increased its holdings in BWX Technologies by 45.0% in the 4th quarter. HHM Wealth Advisors LLC now owns 290 shares of the technology company's stock valued at $32,000 after buying an additional 90 shares during the period. Principal Securities Inc. raised its position in BWX Technologies by 40.4% during the fourth quarter. Principal Securities Inc. now owns 316 shares of the technology company's stock valued at $35,000 after purchasing an additional 91 shares in the last quarter. Louisiana State Employees Retirement System raised its position in BWX Technologies by 0.4% during the fourth quarter. Louisiana State Employees Retirement System now owns 25,400 shares of the technology company's stock valued at $2,829,000 after purchasing an additional 100 shares in the last quarter. AdvisorNet Financial Inc lifted its stake in BWX Technologies by 15.4% during the fourth quarter. AdvisorNet Financial Inc now owns 779 shares of the technology company's stock worth $87,000 after purchasing an additional 104 shares during the last quarter. Finally, V Square Quantitative Management LLC boosted its holdings in shares of BWX Technologies by 40.5% in the 4th quarter. V Square Quantitative Management LLC now owns 406 shares of the technology company's stock valued at $45,000 after purchasing an additional 117 shares in the last quarter. 94.39% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at BWX Technologies

In other BWX Technologies news, CEO Rex D. Geveden sold 45,625 shares of the business's stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $107.40, for a total value of $4,900,125.00. Following the transaction, the chief executive officer now directly owns 218,218 shares of the company's stock, valued at approximately $23,436,613.20. The trade was a 17.29 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Ronald Owen Whitford, Jr. sold 2,000 shares of the stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $104.92, for a total value of $209,840.00. Following the transaction, the senior vice president now owns 9,904 shares in the company, valued at $1,039,127.68. The trade was a 16.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 53,625 shares of company stock worth $5,734,145 over the last three months. 0.47% of the stock is owned by company insiders.

BWX Technologies Trading Up 1.0 %

NYSE BWXT traded up $1.06 on Friday, reaching $108.99. The company had a trading volume of 532,903 shares, compared to its average volume of 786,978. The firm has a market cap of $9.96 billion, a price-to-earnings ratio of 36.09, a P/E/G ratio of 3.20 and a beta of 0.67. The company has a debt-to-equity ratio of 1.15, a current ratio of 2.25 and a quick ratio of 2.25. BWX Technologies, Inc. has a fifty-two week low of $84.21 and a fifty-two week high of $136.31. The business has a 50 day moving average of $101.10 and a two-hundred day moving average of $113.43.

BWX Technologies (NYSE:BWXT - Get Free Report) last issued its quarterly earnings data on Monday, February 24th. The technology company reported $0.92 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.80 by $0.12. BWX Technologies had a return on equity of 31.95% and a net margin of 10.32%. The company had revenue of $746.27 million during the quarter, compared to the consensus estimate of $653.16 million. Analysts forecast that BWX Technologies, Inc. will post 3.23 EPS for the current year.

BWX Technologies Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Tuesday, March 11th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Tuesday, March 11th. This is a boost from BWX Technologies's previous quarterly dividend of $0.24. This represents a $1.00 annualized dividend and a dividend yield of 0.92%. BWX Technologies's dividend payout ratio is 32.57%.

Analysts Set New Price Targets

Several brokerages recently weighed in on BWXT. Maxim Group upped their price objective on BWX Technologies from $138.00 to $140.00 and gave the stock a "buy" rating in a research report on Friday, January 10th. Truist Financial increased their target price on shares of BWX Technologies from $106.00 to $114.00 and gave the stock a "hold" rating in a report on Tuesday, January 14th. Bank of America decreased their price target on shares of BWX Technologies from $160.00 to $135.00 and set a "buy" rating on the stock in a report on Wednesday, March 26th. Finally, Seaport Res Ptn raised shares of BWX Technologies to a "strong-buy" rating in a research note on Tuesday, April 1st. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, BWX Technologies has a consensus rating of "Moderate Buy" and a consensus target price of $124.38.

BWX Technologies Profile

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.