BWX Technologies, Inc. (NYSE:BWXT) Stock Holdings Lessened by Sanctuary Advisors LLC

Sanctuary Advisors LLC reduced its holdings in BWX Technologies, Inc. (NYSE:BWXT) by 1.9% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 84,906 shares of the technology company’s stock after selling 1,603 shares during the period. Sanctuary Advisors LLC’s holdings in BWX Technologies were worth $9,785,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Secured Retirement Advisors LLC bought a new position in shares of BWX Technologies in the 4th quarter worth about $777,000. Principal Securities Inc. increased its holdings in shares of BWX Technologies by 40.4% in the 4th quarter. Principal Securities Inc. now owns 316 shares of the technology company’s stock worth $35,000 after acquiring an additional 91 shares during the period. Valeo Financial Advisors LLC increased its holdings in shares of BWX Technologies by 11.3% in the 4th quarter. Valeo Financial Advisors LLC now owns 3,939 shares of the technology company’s stock worth $439,000 after acquiring an additional 400 shares during the period. New York State Teachers Retirement System increased its holdings in shares of BWX Technologies by 38.6% in the 4th quarter. New York State Teachers Retirement System now owns 20,100 shares of the technology company’s stock worth $2,239,000 after acquiring an additional 5,600 shares during the period. Finally, V Square Quantitative Management LLC increased its holdings in shares of BWX Technologies by 40.5% in the 4th quarter. V Square Quantitative Management LLC now owns 406 shares of the technology company’s stock worth $45,000 after acquiring an additional 117 shares during the period. 94.39% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. StockNews.com cut shares of BWX Technologies from a “buy” rating to a “hold” rating in a report on Wednesday, November 6th. Alembic Global Advisors raised shares of BWX Technologies from a “neutral” rating to an “overweight” rating and set a $148.00 target price on the stock in a research note on Tuesday, November 12th. Bank of America raised their target price on shares of BWX Technologies from $115.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, November 14th. Truist Financial raised their target price on shares of BWX Technologies from $106.00 to $114.00 and gave the company a “hold” rating in a research note on Tuesday, January 14th. Finally, Barclays raised their target price on shares of BWX Technologies from $90.00 to $105.00 and gave the company an “underweight” rating in a research note on Monday, December 16th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, BWX Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $127.50.

BWX Technologies Stock Performance

Shares of BWXT opened at $106.60 on Wednesday. The firm’s 50 day moving average is $115.55 and its 200-day moving average is $113.89. The stock has a market capitalization of $9.75 billion, a P/E ratio of 35.30, a P/E/G ratio of 3.44 and a beta of 0.73. The company has a debt-to-equity ratio of 1.15, a current ratio of 2.25 and a quick ratio of 2.25. BWX Technologies, Inc. has a 12-month low of $86.70 and a 12-month high of $136.31.

BWX Technologies Company 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.