BWX Technologies, Inc. (NYSE:BWXT) Shares Purchased by Natixis Advisors LLC

Natixis Advisors LLC increased its position in shares of BWX Technologies, Inc. (NYSE:BWXT) by 0.7% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 147,732 shares of the technology company’s stock after purchasing an additional 985 shares during the quarter. Natixis Advisors LLC owned 0.16% of BWX Technologies worth $16,456,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Commonwealth Equity Services LLC raised its holdings in BWX Technologies by 32.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 19,626 shares of the technology company’s stock worth $2,186,000 after purchasing an additional 4,766 shares during the last quarter. Bowen Hanes & Co. Inc. acquired a new position in shares of BWX Technologies in the fourth quarter worth $25,381,000. Vestcor Inc raised its holdings in shares of BWX Technologies by 52.8% in the fourth quarter. Vestcor Inc now owns 2,506 shares of the technology company’s stock worth $279,000 after acquiring an additional 866 shares during the last quarter. Swiss National Bank raised its holdings in shares of BWX Technologies by 0.7% in the fourth quarter. Swiss National Bank now owns 179,800 shares of the technology company’s stock worth $20,028,000 after acquiring an additional 1,300 shares during the last quarter. Finally, Sequoia Financial Advisors LLC raised its holdings in shares of BWX Technologies by 9.5% in the fourth quarter. Sequoia Financial Advisors LLC now owns 39,606 shares of the technology company’s stock worth $4,412,000 after acquiring an additional 3,443 shares during the last quarter. 94.39% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at BWX Technologies

In other BWX Technologies news, SVP Ronald Owen Whitford, Jr. sold 2,000 shares of the business’s stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of $104.92, for a total transaction of $209,840.00. Following the completion of the sale, the senior vice president now owns 9,904 shares of the company’s stock, valued at approximately $1,039,127.68. The trade was a 16.80 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Robert L. Duffy sold 6,000 shares of the business’s stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $104.03, for a total value 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. This trade represents a 65.17 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 53,625 shares of company stock valued at $5,734,145. Company insiders own 0.47% of the company’s stock.

BWX Technologies Stock Performance

BWX Technologies stock opened at $98.80 on Wednesday. The firm has a market capitalization of $9.04 billion, a P/E ratio of 32.72, a PEG ratio of 3.20 and a beta of 0.69. The stock has a fifty day moving average price of $109.71 and a 200 day moving average price of $114.31. BWX Technologies, Inc. has a 52 week low of $86.70 and a 52 week high of $136.31. The company has a current ratio of 2.25, a quick ratio of 2.25 and a debt-to-equity ratio of 1.15.

BWX Technologies (NYSE:BWXT) last released its earnings results on Monday, February 24th. The technology company reported $0.92 EPS for the quarter, beating the consensus estimate of $0.80 by $0.12. The firm had revenue of $746.27 million during the quarter, compared to analyst estimates of $653.16 million. BWX Technologies had a return on equity of 31.95% and a net margin of 10.32%. Equities research analysts anticipate that BWX Technologies, Inc. will post 3.23 earnings per share for the current year.

BWX Technologies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Tuesday, March 11th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.01%. The ex-dividend date is Tuesday, March 11th. This is an increase from BWX Technologies’s previous quarterly dividend of $0.24. BWX Technologies’s payout ratio is 32.57%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on BWXT shares. Truist Financial boosted their price target on BWX Technologies from $106.00 to $114.00 and gave the stock a “hold” rating in a report on Tuesday, January 14th. Barclays boosted their price target on BWX Technologies from $90.00 to $105.00 and gave the stock an “underweight” rating in a report on Monday, December 16th. Finally, Maxim Group boosted 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. One research analyst has rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price 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.