2,275 Shares in BWX Technologies, Inc. (NYSE:BWXT) Purchased by Harbour Capital Advisors LLC

Harbour Capital Advisors LLC bought a new position in shares of BWX Technologies, Inc. (NYSE:BWXT) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 2,275 shares of the technology company’s stock, valued at approximately $258,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Stone House Investment Management LLC grew its holdings in BWX Technologies by 76.2% in 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 period. Quent Capital LLC grew its holdings in BWX Technologies by 147.6% in the third quarter. Quent Capital LLC now owns 255 shares of the technology company’s stock valued at $28,000 after purchasing an additional 152 shares during the period. UMB Bank n.a. grew its holdings in BWX Technologies by 729.0% in the third quarter. UMB Bank n.a. now owns 257 shares of the technology company’s stock valued at $28,000 after purchasing an additional 226 shares during the period. Quarry LP grew its holdings in BWX Technologies by 93.6% in the third quarter. Quarry LP now owns 271 shares of the technology company’s stock valued at $29,000 after purchasing an additional 131 shares during the period. Finally, V Square Quantitative Management LLC acquired a new stake in BWX Technologies in the third quarter valued at approximately $31,000. 94.39% of the stock is owned by institutional investors and hedge funds.

BWX Technologies Stock Performance

Shares of BWX Technologies stock opened at $114.44 on Tuesday. BWX Technologies, Inc. has a one year low of $78.47 and a one year high of $136.31. The company has a market cap of $10.46 billion, a price-to-earnings ratio of 37.89, a PEG ratio of 4.12 and a beta of 0.73. The company has a debt-to-equity ratio of 1.15, a quick ratio of 2.25 and a current ratio of 2.25. The business’s 50 day moving average price is $121.55 and its 200 day moving average price is $110.69.

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

BWX Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Tuesday, November 19th were given a $0.24 dividend. The ex-dividend date was Tuesday, November 19th. This represents a $0.96 dividend on an annualized basis and a yield of 0.84%. BWX Technologies’s dividend payout ratio is currently 31.79%.

Analyst Ratings Changes

Several brokerages have commented on BWXT. Truist Financial raised their price objective on BWX Technologies from $95.00 to $106.00 and gave the company a “hold” rating in a report on Tuesday, November 5th. Maxim Group raised their target price on BWX Technologies from $138.00 to $140.00 and gave the company a “buy” rating in a research report on Friday. Alembic Global Advisors upgraded 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. Deutsche Bank Aktiengesellschaft raised their target price on BWX Technologies from $129.00 to $130.00 and gave the company a “buy” rating in a research report on Wednesday, November 6th. Finally, Barclays raised their target price on BWX Technologies from $90.00 to $105.00 and gave the company an “underweight” rating in a research report on Monday, December 16th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $126.50.

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.