New York State Teachers Retirement System Acquires 5,600 Shares of BWX Technologies, Inc. (NYSE:BWXT)

New York State Teachers Retirement System raised its stake in shares of BWX Technologies, Inc. (NYSE:BWXT) by 38.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,100 shares of the technology company’s stock after purchasing an additional 5,600 shares during the period. New York State Teachers Retirement System’s holdings in BWX Technologies were worth $2,239,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of BWXT. Stone House Investment Management LLC increased 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 acquiring an additional 99 shares during the last quarter. Retirement Wealth Solutions LLC purchased a new stake in BWX Technologies in the 4th quarter worth about $30,000. Quarry LP boosted its position in shares of BWX Technologies by 93.6% during the third quarter. Quarry LP now owns 271 shares of the technology company’s stock valued at $29,000 after buying an additional 131 shares during the period. HHM Wealth Advisors LLC grew its stake in shares of BWX Technologies by 45.0% during the fourth quarter. HHM Wealth Advisors LLC now owns 290 shares of the technology company’s stock valued at $32,000 after buying an additional 90 shares during the last quarter. Finally, V Square Quantitative Management LLC raised its holdings in shares of BWX Technologies by 40.5% in the fourth quarter. V Square Quantitative Management LLC now owns 406 shares of the technology company’s stock worth $45,000 after buying an additional 117 shares during the period. Institutional investors own 94.39% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. Truist Financial upped their price objective on BWX Technologies from $106.00 to $114.00 and gave the company a “hold” rating in a research report on Tuesday, January 14th. StockNews.com cut shares of BWX Technologies from a “buy” rating to a “hold” rating in a research report on Wednesday, November 6th. Alembic Global Advisors raised shares of BWX Technologies from a “neutral” rating to an “overweight” rating and set a $148.00 price target for the company in a research note on Tuesday, November 12th. Deutsche Bank Aktiengesellschaft increased their price objective on BWX Technologies from $129.00 to $130.00 and gave the stock a “buy” rating in a research note on Wednesday, November 6th. Finally, Bank of America boosted their price target on shares of BWX Technologies from $115.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, November 14th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $127.50.

BWX Technologies Stock Performance

Shares of NYSE BWXT opened at $101.44 on Friday. The company’s fifty day moving average price is $114.19 and its 200 day moving average price is $114.08. The company has a market capitalization of $9.28 billion, a PE ratio of 33.59, a price-to-earnings-growth ratio of 3.20 and a beta of 0.73. BWX Technologies, Inc. has a 1 year low of $86.70 and a 1 year high of $136.31. The company has a debt-to-equity ratio of 1.15, a quick ratio of 2.25 and a current ratio of 2.25.

BWX Technologies Company 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.