State of New Jersey Common Pension Fund D Sells 834 Shares of BWX Technologies, Inc. (NYSE:BWXT)

State of New Jersey Common Pension Fund D trimmed its stake in BWX Technologies, Inc. (NYSE:BWXT) by 2.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,373 shares of the technology company’s stock after selling 834 shares during the period. State of New Jersey Common Pension Fund D’s holdings in BWX Technologies were worth $3,717,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. Stone House Investment Management LLC raised its stake in shares of 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 buying an additional 99 shares during the period. Quarry LP raised its stake in BWX Technologies by 93.6% during the 3rd quarter. Quarry LP now owns 271 shares of the technology company’s stock worth $29,000 after acquiring an additional 131 shares during the period. Retirement Wealth Solutions LLC bought a new stake in BWX Technologies during the 4th quarter worth approximately $30,000. HHM Wealth Advisors LLC raised its stake in BWX Technologies by 45.0% during the 4th quarter. HHM Wealth Advisors LLC now owns 290 shares of the technology company’s stock worth $32,000 after acquiring an additional 90 shares during the period. Finally, Principal Securities Inc. lifted its holdings in 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 purchasing an additional 91 shares in the last quarter. 94.39% of the stock is owned by institutional investors.

BWX Technologies Trading Up 1.0 %

BWXT stock opened at $107.85 on Thursday. BWX Technologies, Inc. has a fifty-two week low of $86.70 and a fifty-two week high of $136.31. The firm has a market cap of $9.86 billion, a PE ratio of 35.71, a price-to-earnings-growth ratio of 3.26 and a beta of 0.73. The firm has a fifty day moving average price of $114.94 and a 200 day moving average price of $113.94. The company has a debt-to-equity ratio of 1.15, a quick ratio of 2.25 and a current ratio of 2.25.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on BWXT shares. Bank of America lifted 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. StockNews.com lowered BWX Technologies from a “buy” rating to a “hold” rating in a research note on Wednesday, November 6th. 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. Truist Financial upped their price target on BWX Technologies from $106.00 to $114.00 and gave the stock a “hold” rating in a research note on Tuesday, January 14th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on shares of BWX Technologies from $129.00 to $130.00 and gave the company a “buy” rating in a research report on Wednesday, November 6th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, BWX Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $127.50.

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.