BWX Technologies (BWXT) – Research Analysts’ Recent Ratings Updates

BWX Technologies (NYSE: BWXT) has recently received a number of price target changes and ratings updates:

• 11/14/2024 – BWX Technologies had its price target raised by analysts at Bank of America Co. from $115.00 to $160.00. They now have a “buy” rating on the stock.
• 11/12/2024 – BWX Technologies was upgraded by analysts at Alembic Global Advisors from a “neutral” rating to an “overweight” rating. They now have a $148.00 price target on the stock.
• 11/6/2024 – BWX Technologies was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 11/6/2024 – BWX Technologies had its price target raised by analysts at Deutsche Bank Aktiengesellschaft from $129.00 to $130.00. They now have a “buy” rating on the stock.
• 11/5/2024 – BWX Technologies had its price target raised by analysts at Truist Financial Co. from $95.00 to $106.00. They now have a “hold” rating on the stock.
• 10/3/2024 – BWX Technologies had its price target raised by analysts at Deutsche Bank Aktiengesellschaft from $113.00 to $129.00. They now have a “buy” rating on the stock.

BWX Technologies Stock Performance

Shares of BWXT opened at $132.89 on Monday. The firm has a market cap of $12.15 billion, a PE ratio of 44.00, a PEG ratio of 4.47 and a beta of 0.69. BWX Technologies, Inc. has a 1 year low of $74.69 and a 1 year high of $136.31. The company has a debt-to-equity ratio of 1.15, a current ratio of 2.25 and a quick ratio of 2.25. The stock’s fifty day moving average price is $118.52 and its two-hundred day moving average price is $103.43.

BWX Technologies (NYSE:BWXT) last posted its quarterly earnings results on Monday, November 4th. The technology company reported $0.83 EPS for the quarter, topping analysts’ consensus estimates of $0.77 by $0.06. BWX Technologies had a return on equity of 31.95% and a net margin of 10.32%. The firm had revenue of $672.00 million during the quarter, compared to analyst estimates of $658.84 million. During the same period last year, the company earned $0.67 earnings per share. The business’s revenue for the quarter was up 13.9% on a year-over-year basis. On average, equities research analysts forecast that BWX Technologies, Inc. will post 3.23 EPS for the current year.

BWX Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Tuesday, November 19th will be issued a $0.24 dividend. The ex-dividend date is Tuesday, November 19th. This represents a $0.96 annualized dividend and a dividend yield of 0.72%. BWX Technologies’s payout ratio is currently 31.79%.

Institutional Investors Weigh In On BWX Technologies

A number of institutional investors and hedge funds have recently bought and sold shares of BWXT. Fulcrum Equity Management lifted its position in BWX Technologies by 4.0% in the 3rd quarter. Fulcrum Equity Management now owns 3,337 shares of the technology company’s stock worth $363,000 after buying an additional 127 shares during the last quarter. Virtu Financial LLC bought a new position in shares of BWX Technologies during the third quarter valued at approximately $529,000. Sunbelt Securities Inc. lifted its position in shares of BWX Technologies by 23.6% in the 3rd quarter. Sunbelt Securities Inc. now owns 2,212 shares of the technology company’s stock worth $240,000 after purchasing an additional 422 shares during the period. Coldstream Capital Management Inc. lifted its holdings in BWX Technologies by 20.2% in the third quarter. Coldstream Capital Management Inc. now owns 2,565 shares of the technology company’s stock worth $281,000 after buying an additional 431 shares during the period. Finally, Geode Capital Management LLC boosted its position in shares of BWX Technologies by 1.6% during the third quarter. Geode Capital Management LLC now owns 1,682,563 shares of the technology company’s stock valued at $182,938,000 after purchasing an additional 26,130 shares in the last quarter. 94.39% of the stock is owned by hedge funds and other institutional investors.

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.