V Square Quantitative Management LLC Has $42,000 Holdings in BWX Technologies, Inc. $BWXT

V Square Quantitative Management LLC lessened its stake in BWX Technologies, Inc. (NYSE:BWXT) by 31.7% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 289 shares of the technology company’s stock after selling 134 shares during the quarter. V Square Quantitative Management LLC’s holdings in BWX Technologies were worth $42,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Stone House Investment Management LLC acquired a new position in BWX Technologies in the first quarter valued at about $31,000. Compass Financial Services Inc acquired a new position in BWX Technologies in the first quarter valued at about $33,000. HHM Wealth Advisors LLC raised its stake in BWX Technologies by 34.5% in the first quarter. HHM Wealth Advisors LLC now owns 390 shares of the technology company’s stock valued at $38,000 after purchasing an additional 100 shares in the last quarter. Farther Finance Advisors LLC raised its stake in BWX Technologies by 109.6% in the first quarter. Farther Finance Advisors LLC now owns 459 shares of the technology company’s stock valued at $46,000 after purchasing an additional 240 shares in the last quarter. Finally, National Bank of Canada FI raised its stake in BWX Technologies by 369.7% in the first quarter. National Bank of Canada FI now owns 559 shares of the technology company’s stock valued at $55,000 after purchasing an additional 440 shares in the last quarter. Institutional investors and hedge funds own 94.39% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. William Blair reaffirmed an “outperform” rating on shares of BWX Technologies in a research note on Wednesday, September 17th. Truist Financial set a $145.00 target price on shares of BWX Technologies and gave the stock a “hold” rating in a report on Tuesday, August 5th. Northland Capmk raised shares of BWX Technologies to a “strong-buy” rating in a report on Tuesday, September 9th. Wedbush reissued an “outperform” rating on shares of BWX Technologies in a report on Wednesday. Finally, Maxim Group reissued a “hold” rating on shares of BWX Technologies in a report on Wednesday, August 6th. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $160.83.

BWX Technologies Stock Performance

BWX Technologies stock opened at $185.87 on Friday. The business has a 50 day moving average of $168.95 and a 200-day moving average of $136.57. BWX Technologies, Inc. has a 1 year low of $84.21 and a 1 year high of $190.01. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.69 and a quick ratio of 1.60. The company has a market capitalization of $16.99 billion, a P/E ratio of 58.09, a P/E/G ratio of 4.24 and a beta of 0.78.

BWX Technologies (NYSE:BWXT) last released its quarterly earnings data on Monday, August 4th. The technology company reported $1.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.23. BWX Technologies had a return on equity of 30.61% and a net margin of 10.28%.The company had revenue of $764.00 million during the quarter, compared to the consensus estimate of $708.00 million. During the same quarter in the prior year, the firm posted $0.82 earnings per share. The firm’s revenue was up 12.1% compared to the same quarter last year. BWX Technologies has set its FY 2025 guidance at 3.650-3.750 EPS. On average, equities research analysts predict that BWX Technologies, Inc. will post 3.23 earnings per share for the current year.

BWX Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 5th. Shareholders of record on Monday, August 18th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Monday, August 18th. BWX Technologies’s dividend payout ratio is currently 31.25%.

Insider Activity

In other BWX Technologies news, CEO Rex D. Geveden sold 25,000 shares of the stock in a transaction that occurred on Wednesday, August 6th. The shares were sold at an average price of $179.00, for a total transaction of $4,475,000.00. Following the completion of the sale, the chief executive officer owned 197,594 shares of the company’s stock, valued at approximately $35,369,326. This represents a 11.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Omar Fathi Meguid sold 2,261 shares of the stock in a transaction that occurred on Wednesday, August 6th. The shares were sold at an average price of $179.84, for a total transaction of $406,618.24. Following the sale, the senior vice president directly owned 2,361 shares of the company’s stock, valued at $424,602.24. This represents a 48.92% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 29,953 shares of company stock worth $5,359,758. 0.47% of the stock is owned by company insiders.

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.