2 weeks Ago By Defense World Staff
Commonwealth Equity Services LLC boosted its stake in BWX Technologies, Inc. (NYSE:BWXT – Free Report) by 32.1% during the fourth quarter, according to the company in its most recent filing with the SEC.
The institutional investor owned 19,626 shares of the technology company’s stock after buying an additional 4,766 shares during the quarter. Commonwealth Equity Services LLC’s holdings in BWX Technologies were worth $2,186,000 as of its most recent filing with the SEC. Other institutional investors and hedge funds have also recently bought and sold shares of the company.
Retirement Wealth Solutions LLC purchased a new stake in shares of BWX Technologies during the fourth quarter worth about $30,000. Quarry LP grew its stake in BWX Technologies by 93.6% in the 3rd quarter.
Quarry LP now owns 271 shares of the technology company’s stock worth $29,000 after acquiring an additional 131 shares during the period. HHM Wealth Advisors LLC raised its holdings in BWX Technologies by 45.0% in the 4th 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 last quarter. Principal Securities Inc. lifted its stake in shares of BWX Technologies by 40.
4% during the 4th quarter. Principal Securities Inc. now owns 316 shares of the technology company’s stock worth $35,000 after purchasing an additional 91 shares during the period.
Finally, V Square Quantitative Management LLC boosted its holdings in shares of 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 last quarter.
Hedge funds and other institutional investors own 94.39% of the company’s stock. BWX Technologies Stock PerformanceShares of BWXT stock opened at $101.
45 on Friday. 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 company has a market cap of $9.
27 billion, a PE ratio of 33.59, a P/E/G ratio of 3.20 and a beta of 0.
69. The company’s fifty day simple moving average is $107.73 and its 200-day simple moving average is $114.
26. BWX Technologies, Inc. has a 52 week low of $86.
70 and a 52 week high of $136.31. BWX Technologies (NYSE:BWXT – Get Free Report) last released its quarterly earnings data on Monday, February 24th.
The technology company reported $0.92 EPS for the quarter, beating the consensus estimate of $0.80 by $0.
12. BWX Technologies had a return on equity of 31.95% and a net margin of 10.
32%. The company had revenue of $746.27 million for the quarter, compared to analyst estimates of $653.
16 million. As a group, equities research analysts anticipate that BWX Technologies, Inc. will post 3.
23 EPS for the current year. BWX Technologies Increases DividendThe company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Tuesday, March 11th will be paid a dividend of $0.
25 per share. The ex-dividend date of this dividend is Tuesday, March 11th. This represents a $1.
00 dividend on an annualized basis and a dividend yield of 0.99%. This is a positive change from BWX Technologies’s previous quarterly dividend of $0.
24. BWX Technologies’s dividend payout ratio (DPR) is currently 32.57%.
Insider Transactions at BWX TechnologiesIn other news, SVP Robert L. Duffy sold 6,000 shares of BWX Technologies stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $104.
03, for a total transaction of $624,180.00. Following the sale, the senior vice president now directly owns 3,206 shares of the company’s stock, valued at approximately $333,520.
18. The trade was a 65.17 % decrease in their ownership of the stock.
The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Rex D. Geveden sold 45,625 shares of the stock in a transaction dated Wednesday, February 26th.
The shares were sold at an average price of $107.40, for a total value of $4,900,125.00.
Following the completion of the transaction, the chief executive officer now directly owns 218,218 shares of the company’s stock, valued at $23,436,613.20. This represents a 17.
29 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 53,625 shares of company stock valued at $5,734,145.
Corporate insiders own 0.47% of the company’s stock. Analysts Set New Price TargetsBWXT has been the topic of several recent analyst reports.
Maxim Group increased 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.
Bank of America cut their price objective on shares of BWX Technologies from $160.00 to $135.00 and set a “buy” rating on the stock in a report on Wednesday.
Barclays boosted their target price on shares of BWX Technologies from $90.00 to $105.00 and gave the company an “underweight” rating in a report on Monday, December 16th.
Finally, Truist Financial lifted their price target on shares of BWX Technologies from $106.00 to $114.00 and gave the company a “hold” rating in a report on Tuesday, January 14th.
One investment analyst has rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $124.
38.Check Out Our Latest Stock Analysis on BWXTBWX Technologies Company Profile (Free Report)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.See AlsoFive stocks we like better than BWX TechnologiesThe Risks of Owning BondsPenny Stock SurgePays Rises 70%: 1 Reason to Buy, 5 to Sell Why Are These Companies Considered Blue Chips?Top 3 Beverage Stocks Pouring Out ProfitsWhat Are Dividend Contenders? Investing in Dividend ContendersCarMax and Carvana: Steering the Used Car MarketWant to see what other hedge funds are holding BWXT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BWX Technologies, Inc.
(NYSE:BWXT – Free Report)..
