Analysts Set BWX Technologies, Inc. (NYSE:BWXT) PT at $122.43

Shares of BWX Technologies, Inc. (NYSE:BWXT) have been given an average rating of “Moderate Buy” by the eight analysts that are covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating and six have given a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $122.43.

BWXT has been the subject of several research reports. Alembic Global Advisors upgraded shares of BWX Technologies from a “neutral” rating to an “overweight” rating and set a $148.00 price target for the company in a research note on Tuesday, November 12th. Truist Financial boosted their target price on shares of BWX Technologies from $95.00 to $106.00 and gave the stock a “hold” rating in a research note on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of BWX Technologies from $129.00 to $130.00 and gave the stock a “buy” rating in a research note on Wednesday, November 6th. StockNews.com downgraded shares of BWX Technologies from a “buy” rating to a “hold” rating in a research note on Wednesday, November 6th. Finally, Bank of America boosted their target price on shares of BWX Technologies from $115.00 to $160.00 and gave the stock a “buy” rating in a research note on Thursday, November 14th.

Institutional Trading of BWX Technologies

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Stone House Investment Management LLC grew its stake in shares of BWX Technologies by 76.2% during the 3rd quarter. Stone House Investment Management LLC now owns 229 shares of the technology company’s stock valued at $25,000 after buying an additional 99 shares during the period. Quent Capital LLC grew its stake 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 valued at $28,000 after buying an additional 152 shares during the period. UMB Bank n.a. grew its stake in shares of BWX Technologies by 729.0% during the 3rd quarter. UMB Bank n.a. now owns 257 shares of the technology company’s stock valued at $28,000 after buying an additional 226 shares during the period. Quarry LP grew its stake in shares of BWX Technologies by 93.6% during the 3rd quarter. Quarry LP now owns 271 shares of the technology company’s stock valued at $29,000 after buying an additional 131 shares during the period. Finally, V Square Quantitative Management LLC purchased a new stake in shares of BWX Technologies during the 3rd quarter valued at $31,000. 94.39% of the stock is owned by hedge funds and other institutional investors.

BWX Technologies Trading Down 0.3 %

BWXT opened at $132.89 on Thursday. The company has a debt-to-equity ratio of 1.15, a current ratio of 2.25 and a quick ratio of 2.25. The company’s 50 day simple moving average is $118.52 and its two-hundred day simple moving average is $103.21. BWX Technologies has a 1-year low of $74.69 and a 1-year high of $136.31. The firm has a market capitalization of $12.15 billion, a price-to-earnings ratio of 44.00, a price-to-earnings-growth ratio of 4.47 and a beta of 0.69.

BWX Technologies (NYSE:BWXT) last released its earnings results on Monday, November 4th. The technology company reported $0.83 earnings per share for the quarter, topping analysts’ consensus estimates of $0.77 by $0.06. The business had revenue of $672.00 million for the quarter, compared to analyst estimates of $658.84 million. BWX Technologies had a net margin of 10.32% and a return on equity of 31.95%. The business’s revenue was up 13.9% on a year-over-year basis. During the same period last year, the company posted $0.67 EPS. Analysts expect that BWX Technologies will post 3.23 EPS for the current fiscal year.

BWX Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 10th. Shareholders of record on Tuesday, November 19th will be paid a $0.24 dividend. The ex-dividend date is Tuesday, November 19th. This represents a $0.96 annualized dividend and a yield of 0.72%. BWX Technologies’s payout ratio is currently 31.79%.

About BWX Technologies

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.