15,831 Shares in BWX Technologies, Inc. (NYSE:BWXT) Bought by Oak Thistle LLC

Oak Thistle LLC purchased a new stake in shares of BWX Technologies, Inc. (NYSE:BWXT) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 15,831 shares of the technology company’s stock, valued at approximately $1,763,000.

Other large investors have also added to or reduced their stakes in the company. Stone House Investment Management LLC boosted its holdings in shares of BWX Technologies by 76.2% in the 3rd 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. Quent Capital LLC lifted its position in BWX Technologies by 147.6% in the 3rd quarter. Quent Capital LLC now owns 255 shares of the technology company’s stock worth $28,000 after buying an additional 152 shares during the last quarter. UMB Bank n.a. boosted its stake in BWX Technologies by 729.0% in 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. 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 buying an additional 131 shares in the last quarter. Finally, V Square Quantitative Management LLC bought a new position in BWX Technologies during the third quarter valued at approximately $31,000. Hedge funds and other institutional investors own 94.39% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on BWXT. Bank of America boosted their price objective on shares of BWX Technologies from $115.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday, November 14th. Truist Financial boosted their price target on shares of BWX Technologies from $106.00 to $114.00 and gave the stock a “hold” rating in a research note on Tuesday. Deutsche Bank Aktiengesellschaft raised their price objective on BWX Technologies from $129.00 to $130.00 and gave the company a “buy” rating in a research note on Wednesday, November 6th. StockNews.com lowered BWX Technologies from a “buy” rating to a “hold” rating in a research note on Wednesday, November 6th. Finally, Barclays raised their price target on BWX Technologies from $90.00 to $105.00 and gave the stock an “underweight” rating in a research report on Monday, December 16th. One equities 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. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $127.50.

BWX Technologies Stock Up 2.1 %

Shares of NYSE:BWXT opened at $116.96 on Wednesday. The stock’s 50-day moving average is $121.44 and its 200 day moving average is $110.83. The company has a market cap of $10.70 billion, a PE ratio of 38.73, a P/E/G ratio of 4.12 and a beta of 0.73. 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, Inc. has a 1 year low of $78.47 and a 1 year high of $136.31.

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

BWX Technologies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Tuesday, November 19th were given a $0.24 dividend. The ex-dividend date of this dividend was Tuesday, November 19th. This represents a $0.96 annualized dividend and a dividend yield of 0.82%. BWX Technologies’s dividend payout ratio is 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.