Iams Wealth Management LLC Has $497,000 Holdings in BWX Technologies, Inc. (NYSE:BWXT)

Iams Wealth Management LLC raised its stake in BWX Technologies, Inc. (NYSE:BWXT) by 21.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,463 shares of the technology company’s stock after buying an additional 792 shares during the quarter. Iams Wealth Management LLC’s holdings in BWX Technologies were worth $497,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. R Squared Ltd acquired a new position in shares of BWX Technologies during the 4th quarter worth $68,000. Clio Asset Management LLC acquired a new position in shares of BWX Technologies during the 4th quarter worth $111,000. KBC Group NV increased its stake in shares of BWX Technologies by 44.9% during the 4th quarter. KBC Group NV now owns 3,661 shares of the technology company’s stock worth $408,000 after purchasing an additional 1,135 shares during the last quarter. Blue Trust Inc. increased its stake in shares of BWX Technologies by 28.5% during the 4th quarter. Blue Trust Inc. now owns 1,045 shares of the technology company’s stock worth $114,000 after purchasing an additional 232 shares during the last quarter. Finally, Narwhal Capital Management increased its stake in shares of BWX Technologies by 33.4% during the 4th quarter. Narwhal Capital Management now owns 20,979 shares of the technology company’s stock worth $2,337,000 after purchasing an additional 5,250 shares during the last quarter. Institutional investors and hedge funds own 94.39% of the company’s stock.

BWX Technologies Stock Performance

NYSE BWXT opened at $112.51 on Wednesday. The firm has a market capitalization of $10.29 billion, a P/E ratio of 37.42, a price-to-earnings-growth ratio of 3.92 and a beta of 0.73. The firm’s fifty day moving average price is $120.62 and its two-hundred day moving average price is $112.84. BWX Technologies, Inc. has a 1 year low of $81.40 and a 1 year high of $136.31. The company has a current ratio of 2.25, a quick ratio of 2.25 and a debt-to-equity ratio of 1.15.

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

BWX Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Tuesday, November 19th were paid a dividend of $0.24 per share. The ex-dividend date of this dividend was Tuesday, November 19th. This represents a $0.96 dividend on an annualized basis and a yield of 0.85%. BWX Technologies’s payout ratio is 31.79%.

Analysts Set New Price Targets

BWXT has been the topic of several analyst reports. Bank of America increased their price target 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. Alembic Global Advisors raised shares of BWX Technologies from a “neutral” rating to an “overweight” rating and set a $148.00 price objective for the company in a report on Tuesday, November 12th. Barclays raised their target price on shares of BWX Technologies from $90.00 to $105.00 and gave the company an “underweight” rating in a research note on Monday, December 16th. Maxim Group raised their target price on shares of BWX Technologies from $138.00 to $140.00 and gave the company a “buy” rating in a research note on Friday, January 10th. Finally, StockNews.com lowered shares of BWX Technologies from a “buy” rating to a “hold” rating in a research note on Wednesday, November 6th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $127.50.

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.