New York State Teachers Retirement System Purchases 5,600 Shares of BWX Technologies, Inc. (NYSE:BWXT)

New York State Teachers Retirement System lifted its position in shares of BWX Technologies, Inc. (NYSE:BWXT) by 38.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 20,100 shares of the technology company’s stock after acquiring an additional 5,600 shares during the quarter. New York State Teachers Retirement System’s holdings in BWX Technologies were worth $2,239,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Stone House Investment Management LLC boosted its holdings in shares of BWX Technologies by 76.2% in the third quarter. Stone House Investment Management LLC now owns 229 shares of the technology company’s stock worth $25,000 after acquiring an additional 99 shares during the period. Retirement Wealth Solutions LLC bought a new stake in shares of BWX Technologies during the fourth quarter valued at about $30,000. Quarry LP lifted its holdings in shares of BWX Technologies by 93.6% in the third quarter. Quarry LP now owns 271 shares of the technology company’s stock worth $29,000 after buying an additional 131 shares in the last quarter. HHM Wealth Advisors LLC boosted its position in shares of BWX Technologies by 45.0% in the fourth quarter. HHM Wealth Advisors LLC now owns 290 shares of the technology company’s stock valued at $32,000 after acquiring an additional 90 shares during the period. Finally, V Square Quantitative Management LLC grew its stake in BWX Technologies by 40.5% during the fourth quarter. V Square Quantitative Management LLC now owns 406 shares of the technology company’s stock valued at $45,000 after acquiring an additional 117 shares in the last quarter. 94.39% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts have weighed in on BWXT shares. Deutsche Bank Aktiengesellschaft raised their price target on BWX Technologies from $129.00 to $130.00 and gave the company a “buy” rating in a report on Wednesday, November 6th. Truist Financial lifted their target price on shares of BWX Technologies from $106.00 to $114.00 and gave the company a “hold” rating in a research report on Tuesday, January 14th. Alembic Global Advisors upgraded shares of BWX Technologies from a “neutral” rating to an “overweight” rating and set a $148.00 price objective on the stock in a research report on Tuesday, November 12th. Maxim Group lifted their price objective on shares of BWX Technologies from $138.00 to $140.00 and gave the stock a “buy” rating in a report on Friday, January 10th. Finally, StockNews.com cut BWX Technologies from a “buy” rating to a “hold” rating in a research note on Wednesday, November 6th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $127.50.

BWX Technologies Stock Down 3.2 %

BWXT opened at $101.44 on Friday. The company has a market capitalization of $9.28 billion, a PE ratio of 33.59, a PEG ratio of 3.20 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. The firm’s 50 day simple moving average is $114.19 and its two-hundred day simple moving average is $114.08. BWX Technologies, Inc. has a 1-year low of $86.70 and a 1-year 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.