Fox Run Management L.L.C. Has $766,000 Position in BWX Technologies, Inc. $BWXT

by · The Cerbat Gem

Fox Run Management L.L.C. cut its position in BWX Technologies, Inc. (NYSE:BWXT – Free Report) by 65.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,318 shares of the technology company’s stock after selling 9,945 shares during the quarter. Fox Run Management L.L.C.’s holdings in BWX Technologies were worth $766,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of BWXT. Penserra Capital Management LLC bought a new stake in shares of BWX Technologies during the 2nd quarter worth about $233,000. Princeton Capital Management LLC lifted its position in BWX Technologies by 4.6% during the second quarter. Princeton Capital Management LLC now owns 8,034 shares of the technology company’s stock worth $1,157,000 after acquiring an additional 354 shares during the last quarter. Modera Wealth Management LLC bought a new stake in shares of BWX Technologies during the second quarter worth approximately $236,000. Resona Asset Management Co. Ltd. acquired a new position in shares of BWX Technologies in the second quarter valued at approximately $340,000. Finally, Moors & Cabot Inc. acquired a new position in shares of BWX Technologies in the second quarter valued at approximately $251,000. Institutional investors own 94.39% of the company’s stock.

BWX Technologies Trading Down 0.3%

Shares of BWX Technologies stock opened at $193.42 on Monday. The company has a quick ratio of 1.60, a current ratio of 1.69 and a debt-to-equity ratio of 1.28. BWX Technologies, Inc. has a 12-month low of $84.21 and a 12-month high of $218.50. The company has a market capitalization of $17.68 billion, a price-to-earnings ratio of 60.44, a PEG ratio of 4.24 and a beta of 0.78. The firm’s 50-day moving average price is $187.37 and its two-hundred day moving average price is $155.77.

BWX Technologies (NYSE:BWXT – Get Free Report) last issued its quarterly earnings results on Monday, November 3rd. The technology company reported $1.00 earnings per share for the quarter, topping analysts’ consensus estimates of $0.85 by $0.15. The company had revenue of $866.29 million during the quarter, compared to the consensus estimate of $795.48 million. BWX Technologies had a net margin of 10.28% and a return on equity of 30.61%. The firm’s quarterly revenue was up 28.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.83 EPS. BWX Technologies has set its FY 2025 guidance at 3.750-3.800 EPS. On average, analysts forecast that BWX Technologies, Inc. will post 3.23 earnings per share for the current fiscal year.

BWX Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Wednesday, November 19th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Wednesday, November 19th. BWX Technologies’s dividend payout ratio (DPR) is currently 30.03%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Wedbush reissued an “outperform” rating on shares of BWX Technologies in a report on Wednesday, October 1st. Zacks Research raised shares of BWX Technologies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 7th. Deutsche Bank Aktiengesellschaft set a $180.00 price objective on shares of BWX Technologies and gave the stock a “hold” rating in a research note on Wednesday, October 8th. Truist Financial increased their target price on shares of BWX Technologies from $173.00 to $200.00 and gave the stock a “hold” rating in a research report on Tuesday, November 4th. Finally, Northland Securities set a $225.00 price target on shares of BWX Technologies in a research report on Tuesday, November 4th. Three equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $179.62.

View Our Latest Analysis on BWX Technologies

About BWX Technologies

(Free Report)

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.

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