Rhumbline Advisers Has $27.32 Million Stake in BWX Technologies, Inc. (NYSE:BWXT)

Rhumbline Advisers grew its position in shares of BWX Technologies, Inc. (NYSE:BWXT) by 0.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 245,282 shares of the technology company’s stock after buying an additional 152 shares during the quarter. Rhumbline Advisers owned approximately 0.27% of BWX Technologies worth $27,322,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. Stone House Investment Management LLC boosted its position in BWX Technologies by 76.2% during the third quarter. Stone House Investment Management LLC now owns 229 shares of the technology company’s stock worth $25,000 after purchasing an additional 99 shares during the period. Quarry LP boosted its position in BWX Technologies by 93.6% during the third quarter. Quarry LP now owns 271 shares of the technology company’s stock worth $29,000 after purchasing an additional 131 shares during the period. Retirement Wealth Solutions LLC bought a new stake in BWX Technologies during the fourth quarter worth approximately $30,000. HHM Wealth Advisors LLC boosted its position in BWX Technologies by 45.0% during the fourth quarter. HHM Wealth Advisors LLC now owns 290 shares of the technology company’s stock worth $32,000 after purchasing an additional 90 shares during the period. Finally, V Square Quantitative Management LLC boosted its position 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 worth $45,000 after purchasing an additional 117 shares during the period. 94.39% of the stock is currently owned by institutional investors and hedge funds.

BWX Technologies Stock Performance

Shares of NYSE BWXT opened at $107.85 on Thursday. The business has a fifty day simple moving average of $114.94 and a 200 day simple moving average of $113.94. 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 has a market capitalization of $9.86 billion, a price-to-earnings ratio of 35.71, a PEG ratio of 3.26 and a beta of 0.73. BWX Technologies, Inc. has a one year low of $86.70 and a one year high of $136.31.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Maxim Group upped their target price on BWX Technologies from $138.00 to $140.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. StockNews.com cut BWX Technologies from a “buy” rating to a “hold” rating in a research report on Wednesday, November 6th. Truist Financial upped their price target on BWX Technologies from $106.00 to $114.00 and gave the stock 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 stock an “underweight” rating in a report on Monday, December 16th. Finally, Bank of America upped 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 analyst has rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $127.50.

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.