RPG Investment Advisory LLC Purchases Shares of 8,820 BWX Technologies, Inc. (NYSE:BWXT)

RPG Investment Advisory LLC acquired a new position in BWX Technologies, Inc. (NYSE:BWXT) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 8,820 shares of the technology company’s stock, valued at approximately $982,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Stone House Investment Management LLC boosted its stake in BWX Technologies by 76.2% in the third quarter. Stone House Investment Management LLC now owns 229 shares of the technology company’s stock worth $25,000 after purchasing an additional 99 shares in the last quarter. Retirement Wealth Solutions LLC acquired a new position in BWX Technologies in the fourth quarter worth $30,000. Quarry LP boosted its stake in BWX Technologies by 93.6% in the third quarter. Quarry LP now owns 271 shares of the technology company’s stock worth $29,000 after purchasing an additional 131 shares in the last quarter. HHM Wealth Advisors LLC lifted its stake in shares of BWX Technologies by 45.0% during the fourth quarter. HHM Wealth Advisors LLC now owns 290 shares of the technology company’s stock valued at $32,000 after acquiring an additional 90 shares during the period. Finally, Principal Securities Inc. lifted its stake in shares of BWX Technologies by 40.4% during the fourth quarter. Principal Securities Inc. now owns 316 shares of the technology company’s stock valued at $35,000 after acquiring an additional 91 shares during the period. Institutional investors and hedge funds own 94.39% of the company’s stock.

BWX Technologies Trading Down 3.2 %

NYSE:BWXT opened at $101.44 on Monday. BWX Technologies, Inc. has a 1-year low of $86.70 and a 1-year high of $136.31. The business’s 50-day moving average price is $114.19 and its two-hundred day moving average price is $114.22. The company has a current ratio of 2.25, a quick ratio of 2.25 and a debt-to-equity ratio of 1.15. The firm has a market capitalization of $9.28 billion, a price-to-earnings ratio of 33.59, a PEG ratio of 3.20 and a beta of 0.73.

Analyst Ratings Changes

Several brokerages have recently issued reports on BWXT. StockNews.com lowered BWX Technologies from a “buy” rating to a “hold” rating in a research note on Wednesday, November 6th. Barclays upped 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. Alembic Global Advisors raised BWX Technologies from a “neutral” rating to an “overweight” rating and set a $148.00 price target on the stock in a research note on Tuesday, November 12th. Maxim Group upped 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. Finally, Truist Financial upped their price target on BWX Technologies from $106.00 to $114.00 and gave the company a “hold” rating in a research note on Tuesday, January 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 stock. Based on data from MarketBeat, BWX Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $127.50.

BWX Technologies 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.