GAMMA Investing LLC Has $183,000 Position in BWX Technologies, Inc. (NYSE:BWXT)

GAMMA Investing LLC raised its holdings in BWX Technologies, Inc. (NYSE:BWXT) by 72.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,646 shares of the technology company’s stock after acquiring an additional 690 shares during the quarter. GAMMA Investing LLC’s holdings in BWX Technologies were worth $183,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. FMR LLC boosted its position in shares of BWX Technologies by 22.3% in the 3rd quarter. FMR LLC now owns 1,754,567 shares of the technology company’s stock worth $190,721,000 after purchasing an additional 320,217 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC lifted its stake in BWX Technologies by 12.7% in the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,707,832 shares of the technology company’s stock valued at $162,244,000 after buying an additional 192,042 shares during the period. Geode Capital Management LLC boosted its holdings in 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 worth $182,938,000 after buying an additional 26,130 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of BWX Technologies by 6.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,343,076 shares of the technology company’s stock worth $127,593,000 after buying an additional 77,237 shares during the period. Finally, Van ECK Associates Corp increased its stake in shares of BWX Technologies by 49.7% in the 3rd quarter. Van ECK Associates Corp now owns 960,269 shares of the technology company’s stock valued at $104,381,000 after acquiring an additional 318,598 shares during the last quarter. Institutional investors and hedge funds own 94.39% of the company’s stock.

BWX Technologies Price Performance

BWXT stock opened at $114.26 on Thursday. The stock has a 50-day moving average price of $121.85 and a two-hundred day moving average price of $110.30. BWX Technologies, Inc. has a 1 year low of $75.50 and a 1 year high of $136.31. The stock has a market cap of $10.45 billion, a PE ratio of 37.83, a price-to-earnings-growth ratio of 4.12 and a beta of 0.73. The company has a current ratio of 2.25, a quick ratio of 2.25 and a debt-to-equity ratio of 1.15.

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

BWX Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Tuesday, November 19th were issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 0.84%. The ex-dividend date was Tuesday, November 19th. BWX Technologies’s payout ratio is 31.79%.

Wall Street Analysts Forecast Growth

BWXT has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of BWX Technologies from $129.00 to $130.00 and gave the stock a “buy” rating in a research note on Wednesday, November 6th. Truist Financial lifted their price target on shares of BWX Technologies from $95.00 to $106.00 and gave the stock a “hold” rating in a research report on Tuesday, November 5th. Alembic Global Advisors upgraded shares of BWX Technologies from a “neutral” rating to an “overweight” rating and set a $148.00 price objective for the company in a research report on Tuesday, November 12th. Barclays lifted their target price on BWX Technologies from $90.00 to $105.00 and gave the stock an “underweight” rating in a report on Monday, December 16th. Finally, Bank of America increased their price target on BWX Technologies from $115.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday, November 14th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, BWX Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $124.57.

About BWX Technologies

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.