Oak Family Advisors LLC Sells 12,146 Shares of BWX Technologies, Inc. (NYSE:BWXT)

Oak Family Advisors LLC reduced its position in shares of BWX Technologies, Inc. (NYSE:BWXT) by 18.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 54,027 shares of the technology company’s stock after selling 12,146 shares during the period. BWX Technologies comprises about 2.2% of Oak Family Advisors LLC’s investment portfolio, making the stock its 14th largest holding. Oak Family Advisors LLC owned 0.06% of BWX Technologies worth $6,018,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Narwhal Capital Management increased its stake in shares of BWX Technologies by 33.4% during the fourth quarter. Narwhal Capital Management now owns 20,979 shares of the technology company’s stock worth $2,337,000 after purchasing an additional 5,250 shares during the period. Geode Capital Management LLC boosted its holdings in shares of BWX Technologies by 1.6% during the 3rd quarter. Geode Capital Management LLC now owns 1,682,563 shares of the technology company’s stock valued at $182,938,000 after acquiring an additional 26,130 shares in the last quarter. Cadinha & Co. LLC boosted its holdings in shares of BWX Technologies by 469.2% during the 4th quarter. Cadinha & Co. LLC now owns 64,341 shares of the technology company’s stock valued at $7,167,000 after acquiring an additional 53,038 shares in the last quarter. Cooper Financial Group bought a new position in BWX Technologies during the 4th quarter worth $737,000. Finally, Hilton Capital Management LLC bought a new position in BWX Technologies during the 3rd quarter worth $2,237,000. 94.39% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently weighed in on BWXT shares. Truist Financial lifted their price objective on BWX Technologies from $106.00 to $114.00 and gave the stock a “hold” rating in a research report on Tuesday, January 14th. Barclays lifted their price target on BWX Technologies from $90.00 to $105.00 and gave the company an “underweight” rating in a research note on Monday, December 16th. StockNews.com downgraded BWX Technologies from a “buy” rating to a “hold” rating in a research note on Wednesday, November 6th. Bank of America lifted their price target on BWX Technologies from $115.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, November 14th. Finally, Maxim Group lifted their price target on BWX Technologies from $138.00 to $140.00 and gave the company a “buy” rating in a research note on Friday, January 10th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, BWX Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $127.50.

BWX Technologies Stock Down 1.9 %

Shares of NYSE BWXT opened at $113.02 on Monday. The stock has a market capitalization of $10.33 billion, a price-to-earnings ratio of 37.42, a P/E/G ratio of 3.42 and a beta of 0.73. BWX Technologies, Inc. has a 12-month low of $81.40 and a 12-month high of $136.31. The firm’s 50-day moving average price is $119.51 and its 200-day moving average price is $113.08. 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 posted 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. The company had revenue of $672.00 million during the quarter, compared to analysts’ expectations of $658.84 million. BWX Technologies had a net margin of 10.32% and a return on equity of 31.95%. BWX Technologies’s revenue for the quarter was up 13.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.67 earnings per share. On average, equities research analysts anticipate that BWX Technologies, Inc. will post 3.23 EPS for the current fiscal year.

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.