WINTON GROUP Ltd Takes $409,000 Position in BWX Technologies, Inc. (NYSE:BWXT)

WINTON GROUP Ltd bought a new stake in BWX Technologies, Inc. (NYSE:BWXT) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 4,308 shares of the technology company’s stock, valued at approximately $409,000.

Several other hedge funds and other institutional investors have also made changes to their positions in BWXT. Quent Capital LLC increased its holdings in shares of BWX Technologies by 146.6% in the first quarter. Quent Capital LLC now owns 254 shares of the technology company’s stock valued at $26,000 after purchasing an additional 151 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of BWX Technologies by 77.6% in the first quarter. GAMMA Investing LLC now owns 270 shares of the technology company’s stock valued at $28,000 after purchasing an additional 118 shares during the last quarter. Toth Financial Advisory Corp increased its holdings in shares of BWX Technologies by 1,500.0% in the first quarter. Toth Financial Advisory Corp now owns 320 shares of the technology company’s stock valued at $33,000 after purchasing an additional 300 shares during the last quarter. Blue Trust Inc. increased its holdings in shares of BWX Technologies by 37.2% in the second quarter. Blue Trust Inc. now owns 446 shares of the technology company’s stock valued at $46,000 after purchasing an additional 121 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC acquired a new stake in shares of BWX Technologies in the second quarter valued at approximately $45,000. Hedge funds and other institutional investors own 94.39% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Deutsche Bank Aktiengesellschaft increased their price target on BWX Technologies from $112.00 to $113.00 and gave the company a “buy” rating in a report on Tuesday, August 6th. BTIG Research started coverage on BWX Technologies in a research note on Wednesday, June 26th. They set a “buy” rating and a $110.00 target price for the company. CLSA started coverage on BWX Technologies in a research note on Monday, June 3rd. They set a “buy” rating for the company. Janney Montgomery Scott started coverage on BWX Technologies in a research note on Thursday, June 27th. They set a “buy” rating and a $113.00 target price for the company. Finally, Barclays cut BWX Technologies from an “equal weight” rating to an “underweight” rating and raised their target price for the stock from $75.00 to $90.00 in a research note on Wednesday, July 24th. One analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $102.57.

BWX Technologies Stock Performance

Shares of BWXT stock opened at $97.13 on Thursday. The stock has a market capitalization of $8.88 billion, a PE ratio of 35.06, a price-to-earnings-growth ratio of 3.51 and a beta of 0.71. BWX Technologies, Inc. has a 52-week low of $72.14 and a 52-week high of $107.18. The stock’s 50-day moving average price is $99.00 and its 200 day moving average price is $96.34. The company has a quick ratio of 2.23, a current ratio of 2.23 and a debt-to-equity ratio of 1.21.

BWX Technologies (NYSE:BWXT) last released its earnings results on Monday, August 5th. The technology company reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $0.06. BWX Technologies had a return on equity of 31.93% and a net margin of 10.29%. The company had revenue of $681.50 million for the quarter, compared to analysts’ expectations of $639.31 million. During the same quarter in the previous year, the firm posted $0.65 EPS. The firm’s quarterly revenue was up 11.3% on a year-over-year basis. As a group, equities research analysts forecast that BWX Technologies, Inc. will post 3.2 EPS for the current year.

BWX Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 5th. Stockholders of record on Friday, August 16th were paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 0.99%. The ex-dividend date was Friday, August 16th. BWX Technologies’s dividend payout ratio (DPR) is 34.66%.

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.