BWX Technologies, Inc. (NYSE:BWXT) Stock Holdings Lifted by Segra Capital Management LLC

Segra Capital Management LLC grew its holdings in BWX Technologies, Inc. (NYSE:BWXT) by 16.5% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 104,375 shares of the technology company’s stock after purchasing an additional 14,750 shares during the quarter. BWX Technologies makes up 4.4% of Segra Capital Management LLC’s portfolio, making the stock its 8th biggest position. Segra Capital Management LLC’s holdings in BWX Technologies were worth $11,346,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of BWXT. AQR Capital Management LLC boosted its position in BWX Technologies by 77.8% during the second quarter. AQR Capital Management LLC now owns 132,263 shares of the technology company’s stock valued at $12,565,000 after purchasing an additional 57,879 shares in the last quarter. Hilton Capital Management LLC purchased a new stake in shares of BWX Technologies during the third quarter valued at about $2,237,000. Bridges Investment Management Inc. boosted its holdings in shares of BWX Technologies by 76.3% in the 2nd quarter. Bridges Investment Management Inc. now owns 359,147 shares of the technology company’s stock valued at $34,119,000 after buying an additional 155,387 shares in the last quarter. Citigroup Inc. grew its position in shares of BWX Technologies by 40.4% in the 3rd quarter. Citigroup Inc. now owns 108,637 shares of the technology company’s stock worth $11,809,000 after buying an additional 31,246 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. raised its stake in shares of BWX Technologies by 8.6% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 471,090 shares of the technology company’s stock worth $51,208,000 after acquiring an additional 37,250 shares in the last quarter. Hedge funds and other institutional investors own 94.39% of the company’s stock.

BWX Technologies Stock Down 3.0 %

BWX Technologies stock opened at $122.19 on Tuesday. The business’s 50-day simple moving average is $124.17 and its two-hundred day simple moving average is $106.55. 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 company has a market cap of $11.17 billion, a PE ratio of 40.46, a PEG ratio of 4.22 and a beta of 0.70. BWX Technologies, Inc. has a fifty-two week low of $74.69 and a fifty-two week high of $136.31.

BWX Technologies (NYSE:BWXT) last issued its earnings results on Monday, November 4th. The technology company reported $0.83 EPS for the quarter, beating analysts’ consensus estimates of $0.77 by $0.06. BWX Technologies had a return on equity of 31.95% and a net margin of 10.32%. The firm had revenue of $672.00 million for the quarter, compared to analyst estimates of $658.84 million. During the same quarter in the prior year, the firm earned $0.67 earnings per share. BWX Technologies’s revenue for the quarter was up 13.9% on a year-over-year basis. Equities analysts anticipate that BWX Technologies, Inc. will post 3.23 EPS for the current year.

BWX Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 10th. Investors of record on Tuesday, November 19th will be issued a dividend of $0.24 per share. The ex-dividend date is Tuesday, November 19th. This represents a $0.96 annualized dividend and a dividend yield of 0.79%. BWX Technologies’s dividend payout ratio (DPR) is presently 31.79%.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. Alembic Global Advisors upgraded shares of BWX Technologies from a “neutral” rating to an “overweight” rating and set a $148.00 target price for the company in a research note on Tuesday, November 12th. Deutsche Bank Aktiengesellschaft raised their price objective on BWX Technologies from $129.00 to $130.00 and gave the stock a “buy” rating in a research report on Wednesday, November 6th. Bank of America upped their target price on BWX Technologies from $115.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, November 14th. StockNews.com downgraded BWX Technologies from a “buy” rating to a “hold” rating in a report on Wednesday, November 6th. Finally, Truist Financial upped their price objective on shares of BWX Technologies from $95.00 to $106.00 and gave the company a “hold” rating in a report on Tuesday, November 5th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, BWX Technologies has an average rating of “Moderate Buy” and a consensus target price of $122.43.

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.