BWX Technologies, Inc. (NYSE:BWXT) Shares Purchased by Cerity Partners LLC

Cerity Partners LLC raised its holdings in BWX Technologies, Inc. (NYSE:BWXT) by 69.2% during the third quarter, HoldingsChannel.com reports. The firm owned 21,703 shares of the technology company’s stock after buying an additional 8,876 shares during the period. Cerity Partners LLC’s holdings in BWX Technologies were worth $2,359,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Quent Capital LLC raised its position in shares of BWX Technologies by 147.6% during the 3rd quarter. Quent Capital LLC now owns 255 shares of the technology company’s stock worth $28,000 after purchasing an additional 152 shares during the period. UMB Bank n.a. boosted its holdings in BWX Technologies by 729.0% during the third quarter. UMB Bank n.a. now owns 257 shares of the technology company’s stock worth $28,000 after buying an additional 226 shares in the last quarter. V Square Quantitative Management LLC purchased a new stake in shares of BWX Technologies during the third quarter valued at $31,000. GAMMA Investing LLC lifted its position in shares of BWX Technologies by 58.9% in the 2nd quarter. GAMMA Investing LLC now owns 429 shares of the technology company’s stock valued at $41,000 after acquiring an additional 159 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC purchased a new stake in BWX Technologies in the 2nd quarter worth about $45,000. Institutional investors own 94.39% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have commented on BWXT shares. StockNews.com downgraded BWX Technologies from a “buy” rating to a “hold” rating in a research note on Wednesday, November 6th. Deutsche Bank Aktiengesellschaft upped 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. Alembic Global Advisors raised shares of BWX Technologies from a “neutral” rating to an “overweight” rating and set a $148.00 target price on the stock in a research note on Tuesday, November 12th. Truist Financial lifted their price objective on BWX Technologies from $95.00 to $106.00 and gave the company a “hold” rating in a report on Tuesday, November 5th. Finally, Bank of America raised their price target on BWX Technologies from $115.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, November 14th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $122.43.

BWX Technologies Trading Up 0.3 %

Shares of NYSE BWXT opened at $130.85 on Monday. The company’s 50 day simple moving average is $121.74 and its 200 day simple moving average is $104.79. The firm has a market capitalization of $11.96 billion, a P/E ratio of 43.33, a P/E/G ratio of 4.38 and a beta of 0.69. BWX Technologies, Inc. has a fifty-two week low of $74.69 and a fifty-two week high of $136.31. The company has a debt-to-equity ratio of 1.15, a current ratio of 2.25 and a quick ratio of 2.25.

BWX Technologies (NYSE:BWXT) last issued its quarterly earnings data on Monday, November 4th. The technology company reported $0.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.77 by $0.06. BWX Technologies had a net margin of 10.32% and a return on equity of 31.95%. The firm had revenue of $672.00 million during the quarter, compared to analysts’ expectations of $658.84 million. During the same quarter in the previous year, the company earned $0.67 earnings per share. The business’s revenue for the quarter was up 13.9% on a year-over-year basis. On average, analysts predict that BWX Technologies, Inc. will post 3.23 EPS for the current year.

BWX Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 10th. Investors of record on Tuesday, November 19th will be given a $0.24 dividend. The ex-dividend date is Tuesday, November 19th. This represents a $0.96 annualized dividend and a yield of 0.73%. BWX Technologies’s dividend payout ratio is currently 31.79%.

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.