Blue Trust Inc. Has $114,000 Stake in BWX Technologies, Inc. (NYSE:BWXT)

Blue Trust Inc. boosted its stake in BWX Technologies, Inc. (NYSE:BWXT) by 28.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,045 shares of the technology company’s stock after purchasing an additional 232 shares during the quarter. Blue Trust Inc.’s holdings in BWX Technologies were worth $114,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of BWXT. Creative Planning boosted its holdings in BWX Technologies by 44.1% in the second quarter. Creative Planning now owns 7,324 shares of the technology company’s stock worth $696,000 after acquiring an additional 2,242 shares in the last quarter. Truist Financial Corp raised its holdings in shares of BWX Technologies by 3.3% in the 2nd quarter. Truist Financial Corp now owns 8,250 shares of the technology company’s stock worth $784,000 after acquiring an additional 262 shares during the last quarter. Sanctuary Advisors LLC bought a new position in BWX Technologies in the 2nd quarter valued at about $615,000. GAMMA Investing LLC boosted its stake in BWX Technologies by 122.8% during the 3rd quarter. GAMMA Investing LLC now owns 956 shares of the technology company’s stock valued at $104,000 after purchasing an additional 527 shares during the last quarter. Finally, Daymark Wealth Partners LLC bought a new stake in BWX Technologies during the 3rd quarter worth approximately $341,000. 94.39% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have recently weighed in on BWXT shares. Barclays raised their target price on BWX Technologies from $90.00 to $105.00 and gave the company an “underweight” rating in a report on Monday, December 16th. Deutsche Bank Aktiengesellschaft increased their target price on shares of BWX Technologies from $129.00 to $130.00 and gave the company a “buy” rating in a report on Wednesday, November 6th. Maxim Group boosted their price target 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. Bank of America increased their price objective on shares of BWX Technologies from $115.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, November 14th. Finally, StockNews.com downgraded 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 issued a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $127.50.

BWX Technologies Stock Performance

NYSE:BWXT opened at $112.79 on Friday. The company has a market capitalization of $10.31 billion, a P/E ratio of 37.35, a P/E/G ratio of 3.45 and a beta of 0.73. 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 business has a fifty day simple moving average of $118.02 and a two-hundred day simple moving average of $113.21. BWX Technologies, Inc. has a 1 year low of $82.96 and a 1 year high of $136.31.

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

BWX Technologies 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.