BWX Technologies, Inc. (NYSE:BWXT) Shares Sold by Leeward Investments LLC MA

Leeward Investments LLC MA decreased its holdings in BWX Technologies, Inc. (NYSE:BWXT) by 0.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 117,509 shares of the technology company’s stock after selling 448 shares during the quarter. Leeward Investments LLC MA owned 0.13% of BWX Technologies worth $12,773,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Sumitomo Mitsui Trust Holdings Inc. purchased a new stake in shares of BWX Technologies in the first quarter valued at about $255,000. Commonwealth Equity Services LLC grew its position in BWX Technologies by 40.7% during the first quarter. Commonwealth Equity Services LLC now owns 5,144 shares of the technology company’s stock valued at $528,000 after acquiring an additional 1,487 shares during the period. Texas Permanent School Fund Corp boosted its position in BWX Technologies by 1.4% during the 1st quarter. Texas Permanent School Fund Corp now owns 80,091 shares of the technology company’s stock worth $8,219,000 after purchasing an additional 1,088 shares during the period. Duality Advisers LP acquired a new stake in BWX Technologies during the 1st quarter valued at $2,569,000. Finally, Quantbot Technologies LP bought a new position in BWX Technologies during the 1st quarter valued at $1,096,000. Hedge funds and other institutional investors own 94.39% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on BWXT shares. Truist Financial upped their price target on shares of BWX Technologies from $95.00 to $106.00 and gave the stock a “hold” rating in a research report on Tuesday. Barclays downgraded BWX Technologies from an “equal weight” rating to an “underweight” rating and increased their price objective for the stock from $75.00 to $90.00 in a research note on Wednesday, July 24th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of BWX Technologies from $129.00 to $130.00 and gave the stock a “buy” rating in a research report on Wednesday. Finally, StockNews.com downgraded shares of BWX Technologies from a “buy” rating to a “hold” rating in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $110.67.

BWX Technologies Price Performance

BWXT opened at $118.33 on Thursday. BWX Technologies, Inc. has a 52 week low of $74.69 and a 52 week high of $128.00. The company has a debt-to-equity ratio of 1.21, a quick ratio of 2.23 and a current ratio of 2.23. The firm has a market capitalization of $10.82 billion, a PE ratio of 39.18, a P/E/G ratio of 4.41 and a beta of 0.69. The company has a fifty day moving average price of $111.46 and a two-hundred day moving average price of $100.53.

BWX Technologies (NYSE:BWXT) last issued its earnings results on Monday, November 4th. The technology company reported $0.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.77 by $0.06. The firm had revenue of $672.00 million for the quarter, compared to analysts’ expectations of $658.84 million. BWX Technologies had a return on equity of 31.93% and a net margin of 10.29%. The company’s revenue was up 13.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.67 earnings per share. As a group, analysts anticipate that BWX Technologies, Inc. will post 3.2 earnings per share for the current year.

BWX Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 10th. Investors of record on Tuesday, November 19th will be paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 0.81%. The ex-dividend date of this dividend is Tuesday, November 19th. BWX Technologies’s payout ratio is presently 31.79%.

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.