BWX Technologies, Inc. (NYSE:BWXT) SVP Ronald Owen Whitford, Jr. Sells 2,000 Shares

BWX Technologies, Inc. (NYSE:BWXT) SVP Ronald Owen Whitford, Jr. sold 2,000 shares of the firm’s stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $104.92, for a total value of $209,840.00. Following the completion of the transaction, the senior vice president now directly owns 9,904 shares of the company’s stock, valued at $1,039,127.68. The trade was a 16.80 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

BWX Technologies Trading Up 1.7 %

NYSE BWXT opened at $103.82 on Friday. The stock’s 50-day simple moving average is $113.12 and its two-hundred day simple moving average is $114.14. BWX Technologies, Inc. has a twelve month low of $86.70 and a twelve month high of $136.31. The company has a quick ratio of 2.25, a current ratio of 2.25 and a debt-to-equity ratio of 1.15. The company has a market capitalization of $9.50 billion, a price-to-earnings ratio of 34.38, a PEG ratio of 3.20 and a beta of 0.73.

BWX Technologies (NYSE:BWXT) last released its quarterly earnings data on Monday, February 24th. The technology company reported $0.92 EPS for the quarter, topping the consensus estimate of $0.80 by $0.12. The firm had revenue of $746.27 million for the quarter, compared to the consensus estimate of $653.16 million. BWX Technologies had a return on equity of 31.95% and a net margin of 10.32%. Research analysts forecast that BWX Technologies, Inc. will post 3.23 EPS for the current fiscal year.

BWX Technologies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Tuesday, March 11th will be issued a $0.25 dividend. The ex-dividend date is Tuesday, March 11th. This represents a $1.00 annualized dividend and a dividend yield of 0.96%. This is an increase from BWX Technologies’s previous quarterly dividend of $0.24. BWX Technologies’s payout ratio is currently 32.57%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of BWXT. Stone House Investment Management LLC increased its holdings in BWX Technologies by 76.2% during the 3rd quarter. Stone House Investment Management LLC now owns 229 shares of the technology company’s stock valued at $25,000 after purchasing an additional 99 shares during the period. Quarry LP increased its holdings in BWX Technologies by 93.6% during the 3rd quarter. Quarry LP now owns 271 shares of the technology company’s stock valued at $29,000 after purchasing an additional 131 shares during the period. Retirement Wealth Solutions LLC purchased a new position in BWX Technologies during the 4th quarter valued at about $30,000. HHM Wealth Advisors LLC increased its holdings in BWX Technologies by 45.0% during the 4th quarter. HHM Wealth Advisors LLC now owns 290 shares of the technology company’s stock valued at $32,000 after purchasing an additional 90 shares during the period. Finally, Ameriflex Group Inc. purchased a new position in BWX Technologies during the 4th quarter valued at about $34,000. Hedge funds and other institutional investors own 94.39% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft raised their price target on BWX Technologies from $129.00 to $130.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. Maxim Group raised their price target on BWX Technologies from $138.00 to $140.00 and gave the stock a “buy” rating in a report on Friday, January 10th. Alembic Global Advisors raised BWX Technologies from a “neutral” rating to an “overweight” rating and set a $148.00 price objective for the company in a research note on Tuesday, November 12th. StockNews.com lowered BWX Technologies from a “buy” rating to a “hold” rating in a research note on Wednesday, November 6th. Finally, Bank of America lifted their price objective on BWX Technologies from $115.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, November 14th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target 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.