V Square Quantitative Management LLC Acquires 117 Shares of BWX Technologies, Inc. (NYSE:BWXT)

V Square Quantitative Management LLC boosted its holdings in shares of BWX Technologies, Inc. (NYSE:BWXT) by 40.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 406 shares of the technology company’s stock after purchasing an additional 117 shares during the quarter. V Square Quantitative Management LLC’s holdings in BWX Technologies were worth $45,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in BWXT. FMR LLC raised its holdings in BWX Technologies by 22.3% in the 3rd quarter. FMR LLC now owns 1,754,567 shares of the technology company’s stock valued at $190,721,000 after acquiring an additional 320,217 shares in the last quarter. Geode Capital Management LLC raised its holdings in BWX Technologies by 1.6% in the 3rd quarter. Geode Capital Management LLC now owns 1,682,563 shares of the technology company’s stock valued at $182,938,000 after acquiring an additional 26,130 shares in the last quarter. Van ECK Associates Corp raised its holdings in BWX Technologies by 46.7% in the 4th quarter. Van ECK Associates Corp now owns 1,408,736 shares of the technology company’s stock valued at $156,919,000 after acquiring an additional 448,467 shares in the last quarter. Thrivent Financial for Lutherans raised its holdings in BWX Technologies by 29.1% in the 3rd quarter. Thrivent Financial for Lutherans now owns 746,145 shares of the technology company’s stock valued at $81,105,000 after acquiring an additional 168,077 shares in the last quarter. Finally, Copeland Capital Management LLC raised its holdings in BWX Technologies by 0.7% in the 4th quarter. Copeland Capital Management LLC now owns 716,946 shares of the technology company’s stock valued at $79,861,000 after acquiring an additional 5,173 shares in the last quarter. Institutional investors own 94.39% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on BWXT. Truist Financial upped their price target on BWX Technologies from $106.00 to $114.00 and gave the company a “hold” rating in a report on Tuesday, January 14th. Barclays upped their price target on BWX Technologies from $90.00 to $105.00 and gave the company an “underweight” rating in a report on Monday, December 16th. Alembic Global Advisors raised BWX Technologies from a “neutral” rating to an “overweight” rating and set a $148.00 price target for the company in a report on Tuesday, November 12th. Maxim Group increased their target price on BWX Technologies from $138.00 to $140.00 and gave the stock a “buy” rating in a report on Friday, January 10th. Finally, Bank of America increased their target price on BWX Technologies from $115.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday, November 14th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $127.50.

BWX Technologies Stock Down 2.2 %

Shares of BWXT opened at $106.72 on Tuesday. The firm has a market capitalization of $9.76 billion, a price-to-earnings ratio of 35.34, a PEG ratio of 3.44 and a beta of 0.73. The company has a debt-to-equity ratio of 1.15, a quick ratio of 2.25 and a current ratio of 2.25. The business’s fifty day moving average price is $115.55 and its two-hundred day moving average price is $113.89. BWX Technologies, Inc. has a 52 week low of $86.70 and a 52 week high of $136.31.

BWX Technologies Company Profile

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.