Pegasus Asset Management Inc. Buys 7,945 Shares of BWX Technologies, Inc. $BWXT

08 Nov 2026, 05:57 by Renee Jackson · The Cerbat Gem

Pegasus Asset Management Inc. lifted its stake in shares of BWX Technologies, Inc. (NYSE:BWXT – Free Report) by 36.0% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 30,030 shares of the technology company’s stock after buying an additional 7,945 shares during the period. BWX Technologies makes up about 1.2% of Pegasus Asset Management Inc.’s portfolio, making the stock its 27th largest position. Pegasus Asset Management Inc.’s holdings in BWX Technologies were worth $4,114,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. M.D. Sass LLC bought a new position in shares of BWX Technologies during the second quarter valued at about $2,619,000. Ranger Investment Management L.P. bought a new stake in BWX Technologies in the 1st quarter worth about $11,991,000. Silvant Capital Management LLC bought a new stake in BWX Technologies in the 2nd quarter worth about $6,574,000. Insight Wealth Strategies LLC bought a new stake in BWX Technologies in the 2nd quarter worth about $5,949,000. Finally, Equitable Holdings Inc. purchased a new stake in BWX Technologies in the 2nd quarter valued at about $1,538,000. Hedge funds and other institutional investors own 94.39% of the company’s stock.

Analyst Upgrades and Downgrades

BWXT has been the subject of several analyst reports. Citigroup reiterated an “outperform” rating on shares of BWX Technologies in a research note on Wednesday, September 30th. Wall Street Zen downgraded BWX Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Weiss Ratings lowered BWX Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, August 26th. BTIG Research reaffirmed a “buy” rating and set a $235.00 price target on shares of BWX Technologies in a research report on Wednesday, September 30th. Finally, Truist Financial decreased their price target on BWX Technologies from $202.00 to $182.00 and set a “hold” rating for the company in a research report on Tuesday, October 6th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, BWX Technologies presently has an average rating of “Moderate Buy” and an average price target of $205.00.

Get Our Latest Report on BWXT

Insiders Place Their Bets

In other news, CEO Rex D. Geveden sold 10,000 shares of BWX Technologies stock in a transaction dated 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 completion of the transaction, the chief executive officer owned 192,491 shares in the company, valued at $33,204,697.50. This trade represents a 4.94% decrease in their ownership of the stock. The transaction 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 corporate insiders.

BWX Technologies Stock Up 3.9%

BWXT stock opened at $119.47 on Friday. The company has a debt-to-equity ratio of 1.43, a quick ratio of 2.33 and a current ratio of 1.88. The company has a market capitalization of $10.95 billion, a price-to-earnings ratio of 29.28, a PEG ratio of 1.78 and a beta of 0.75. BWX Technologies, Inc. has a fifty-two week low of $112.54 and a fifty-two week high of $241.82. The stock has a fifty day moving average of $140.58 and a 200-day moving average of $182.63.

BWX Technologies (NYSE:BWXT – Get Free Report) last announced its quarterly earnings data on Monday, November 2nd. The technology company reported $1.26 earnings per share for the quarter, topping the consensus estimate of $1.19 by $0.07. BWX Technologies had a return on equity of 31.65% and a net margin of 10.41%. The company had revenue of $952.97 million during the quarter, compared to analyst estimates of $970.52 million. During the same quarter last year, the firm posted $1.00 EPS. The firm’s revenue for the quarter was up 10.0% on a year-over-year basis. As a group, equities research analysts predict that BWX Technologies, Inc. will post 4.76 earnings per share for the current year.

BWX Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Thursday, November 19th will be given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Thursday, November 19th. BWX Technologies’s dividend payout ratio (DPR) is currently 26.47%.

About BWX Technologies

(Free Report)

BWX Technologies, Inc (NYSE: BWXT) is a supplier of nuclear components, fuel and services for government and commercial customers. Its work includes designing and manufacturing nuclear reactors and related equipment for the U.S. Navy’s nuclear-powered fleet, as well as providing engineering, maintenance and other services to government nuclear programs.