Flputnam Investment Management Co. Takes Position in BWX Technologies, Inc. $BWXT

by · The Cerbat Gem

Flputnam Investment Management Co. bought a new position in BWX Technologies, Inc. (NYSE:BWXT – Free Report) during the 2nd quarter, Holdings Channel.com reports. The firm bought 14,497 shares of the technology company’s stock, valued at approximately $2,822,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in BWXT. Goldman Sachs Group Inc. increased its position in shares of BWX Technologies by 0.3% in the first quarter. Goldman Sachs Group Inc. now owns 141,680 shares of the technology company’s stock valued at $13,977,000 after acquiring an additional 371 shares during the period. Caxton Associates LLP purchased a new position in BWX Technologies during the 1st quarter valued at about $304,000. Flow Traders U.S. LLC bought a new position in BWX Technologies during the 2nd quarter valued at approximately $404,000. NewEdge Advisors LLC raised its position in BWX Technologies by 670.0% during the 2nd quarter. NewEdge Advisors LLC now owns 7,030 shares of the technology company’s stock valued at $1,013,000 after purchasing an additional 6,117 shares during the last quarter. Finally, Sei Investments Co. lifted its holdings in BWX Technologies by 44.9% in the 2nd quarter. Sei Investments Co. now owns 256,969 shares of the technology company’s stock worth $37,018,000 after buying an additional 79,646 shares during the period. 94.39% of the stock is currently owned by institutional investors.

BWX Technologies Price Performance

Shares of BWXT opened at $173.14 on Monday. BWX Technologies, Inc. has a fifty-two week low of $157.10 and a fifty-two week high of $241.82. The firm’s 50-day simple moving average is $183.41 and its two-hundred day simple moving average is $199.02. The stock has a market cap of $15.86 billion, a PE ratio of 44.86, a price-to-earnings-growth ratio of 2.71 and a beta of 0.76. The company has a debt-to-equity ratio of 1.51, a quick ratio of 2.33 and a current ratio of 2.40.

BWX Technologies (NYSE:BWXT – Get Free Report) last released its earnings results on Monday, August 3rd. The technology company reported $1.07 EPS for the quarter, topping the consensus estimate of $1.04 by $0.03. The business had revenue of $901.62 million for 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 company’s revenue for the quarter was up 18.0% compared to the same quarter last year. During the same period in the previous year, the company posted $1.02 earnings per share. BWX Technologies has set its FY 2026 guidance at 4.700-4.800 EPS. Analysts anticipate 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 will be paid on Friday, September 4th. Stockholders of record on Tuesday, August 18th will be paid a $0.27 dividend. The ex-dividend date is Tuesday, August 18th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.6%. BWX Technologies’s 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 that occurred on Wednesday, August 12th. The shares were sold at an average price of $172.50, for a total transaction of $1,725,000.00. Following the transaction, the chief executive officer owned 192,491 shares in the company, valued at $33,204,697.50. This 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 at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is owned by insiders.

Wall Street Analyst Weigh In

BWXT has been the subject of a number of recent analyst reports. Weiss Ratings upgraded BWX Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday. Seaport Research Partners raised shares of 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. BTIG Research reiterated a “buy” rating and set a $235.00 price target on shares of BWX Technologies in a research report on Tuesday, August 4th. Truist Financial decreased their price target on shares of BWX Technologies from $212.00 to $202.00 and set a “hold” rating for the company in a research note on Friday. Finally, Deutsche Bank Aktiengesellschaft raised BWX Technologies from a “hold” rating to a “buy” rating and lifted their price objective for the company from $205.00 to $255.00 in a research report on Friday, May 15th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, BWX Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $227.20.

View Our Latest Research Report on BWX Technologies

BWX Technologies Company Profile

(Free Report)

BWX Technologies, Inc (NYSE: BWXT) is a specialized supplier of nuclear components and services, primarily serving the U.S. government and commercial markets. The company’s core expertise lies in the design, fabrication and servicing of nuclear propulsion systems for the U.S. Navy, where it supports the maintenance and overhaul of naval nuclear reactors. In addition to defense applications, BWXT develops small modular reactors (SMRs), nuclear fuel and related technologies for non‐defense power generation, offering scalable solutions to meet evolving energy and industrial demands.

Beyond propulsion and power systems, BWXT is a leading producer of medical radioisotopes used in diagnostic imaging and cancer treatment.

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