BWX Technologies, Inc. (NYSE:BWXT) Stock Position Decreased by Moody Aldrich Partners LLC

Moody Aldrich Partners LLC trimmed its position in shares of BWX Technologies, Inc. (NYSE:BWXT) by 21.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,387 shares of the technology company’s stock after selling 1,448 shares during the period. Moody Aldrich Partners LLC’s holdings in BWX Technologies were worth $600,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Stone House Investment Management LLC boosted its position in BWX Technologies by 76.2% during the third quarter. Stone House Investment Management LLC now owns 229 shares of the technology company’s stock valued at $25,000 after purchasing an additional 99 shares during the last quarter. Quent Capital LLC lifted its holdings 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 last quarter. UMB Bank n.a. grew its stake in shares of BWX Technologies by 729.0% in 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 in the last quarter. Quarry LP increased its holdings 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 during the last quarter. Finally, Retirement Wealth Solutions LLC bought a new position in BWX Technologies during the fourth quarter valued at approximately $30,000. Institutional investors and hedge funds own 94.39% of the company’s stock.

BWX Technologies Price Performance

Shares of NYSE:BWXT opened at $112.28 on Thursday. The company has a market cap of $10.27 billion, a price-to-earnings ratio of 37.18, a PEG ratio of 3.92 and a beta of 0.73. The business has a 50 day moving average price of $120.27 and a 200 day moving average price of $112.84. The company has a quick ratio of 2.25, a current ratio of 2.25 and a debt-to-equity ratio of 1.15. BWX Technologies, Inc. has a twelve month low of $81.40 and a twelve month high of $136.31.

BWX Technologies (NYSE:BWXT) last posted its quarterly earnings data on Monday, November 4th. The technology company reported $0.83 earnings per share 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 company had revenue of $672.00 million during the quarter, compared to analysts’ expectations of $658.84 million. During the same period in the prior year, the business earned $0.67 earnings per share. BWX Technologies’s revenue for the quarter was up 13.9% compared to the same quarter last year. Research analysts predict that BWX Technologies, Inc. will post 3.23 earnings per share for the current year.

BWX Technologies Announces Dividend

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

Wall Street Analyst Weigh In

Several analysts have commented on BWXT shares. Maxim Group boosted their target price on shares of BWX Technologies from $138.00 to $140.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. 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 report on Tuesday, November 12th. Bank of America boosted their price target on BWX Technologies from $115.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, November 14th. StockNews.com lowered BWX Technologies from a “buy” rating to a “hold” rating in a report on Wednesday, November 6th. Finally, Truist Financial boosted their target price on BWX Technologies from $106.00 to $114.00 and gave the stock a “hold” rating in a report on Tuesday, January 14th. 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 company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $127.50.

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.