Charles Schwab Investment Management Inc. Has $78.03 Million Stake in BWX Technologies, Inc. (NYSE:BWXT)

Charles Schwab Investment Management Inc. raised its holdings in BWX Technologies, Inc. (NYSE:BWXTFree Report) by 1.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,040,674 shares of the technology company’s stock after buying an additional 11,010 shares during the period. Charles Schwab Investment Management Inc. owned 1.14% of BWX Technologies worth $78,030,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Sequoia Financial Advisors LLC acquired a new stake in BWX Technologies in the 3rd quarter valued at $234,000. Barometer Capital Management Inc. increased its stake in BWX Technologies by 100.5% in the 3rd quarter. Barometer Capital Management Inc. now owns 48,340 shares of the technology company’s stock valued at $3,625,000 after buying an additional 24,230 shares during the last quarter. Swiss National Bank increased its stake in BWX Technologies by 1.0% in the 3rd quarter. Swiss National Bank now owns 201,000 shares of the technology company’s stock valued at $15,071,000 after buying an additional 1,900 shares during the last quarter. Amalgamated Bank increased its stake in BWX Technologies by 5.2% in the 3rd quarter. Amalgamated Bank now owns 63,796 shares of the technology company’s stock valued at $4,783,000 after buying an additional 3,129 shares during the last quarter. Finally, Premier Fund Managers Ltd acquired a new position in shares of BWX Technologies during the 3rd quarter worth about $8,180,000. 96.98% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Truist Financial boosted their price objective on shares of BWX Technologies from $83.00 to $90.00 and gave the stock a “buy” rating in a research note on Wednesday, January 10th. StockNews.com upgraded shares of BWX Technologies from a “hold” rating to a “buy” rating in a research note on Monday. Finally, Alembic Global Advisors downgraded shares of BWX Technologies from an “overweight” rating to a “neutral” rating and lifted their target price for the stock from $79.00 to $82.00 in a report on Friday, November 3rd. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, BWX Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $81.25.

Check Out Our Latest Research Report on BWXT

BWX Technologies Price Performance

Shares of NYSE:BWXT opened at $84.95 on Tuesday. The firm has a 50 day moving average of $79.42 and a 200-day moving average of $76.41. The stock has a market capitalization of $7.77 billion, a PE ratio of 34.81, a PEG ratio of 5.89 and a beta of 0.69. The company has a current ratio of 2.50, a quick ratio of 2.50 and a debt-to-equity ratio of 1.53. BWX Technologies, Inc. has a 12 month low of $59.06 and a 12 month high of $86.15.

BWX Technologies Profile

(Free Report)

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; undertakes fabrication activities for missile launch tubes for U.S.

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Institutional Ownership by Quarter for BWX Technologies (NYSE:BWXT)

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