Klein Pavlis & Peasley Financial Inc. Has $1.01 Million Stock Holdings in BWX Technologies, Inc. (NYSE:BWXT)

Klein Pavlis & Peasley Financial Inc. decreased its position in BWX Technologies, Inc. (NYSE:BWXT) by 1.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 9,104 shares of the technology company’s stock after selling 99 shares during the period. Klein Pavlis & Peasley Financial Inc.’s holdings in BWX Technologies were worth $1,014,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in BWXT. FMR LLC grew its stake in BWX Technologies by 22.3% in the third quarter. FMR LLC now owns 1,754,567 shares of the technology company’s stock valued at $190,721,000 after acquiring an additional 320,217 shares during the period. Geode Capital Management LLC grew its position in shares of BWX Technologies by 1.6% in the 3rd quarter. Geode Capital Management LLC now owns 1,682,563 shares of the technology company’s stock valued at $182,938,000 after purchasing an additional 26,130 shares during the period. Van ECK Associates Corp increased its stake in BWX Technologies by 49.7% during the 3rd quarter. Van ECK Associates Corp now owns 960,269 shares of the technology company’s stock worth $104,381,000 after purchasing an additional 318,598 shares in the last quarter. Thrivent Financial for Lutherans raised its holdings in BWX Technologies by 29.1% during the 3rd quarter. Thrivent Financial for Lutherans now owns 746,145 shares of the technology company’s stock worth $81,105,000 after buying an additional 168,077 shares during the period. Finally, Copeland Capital Management LLC lifted its stake in BWX Technologies by 0.7% in the fourth quarter. Copeland Capital Management LLC now owns 716,946 shares of the technology company’s stock valued at $79,861,000 after buying an additional 5,173 shares in the last quarter. Institutional investors and hedge funds own 94.39% of the company’s stock.

Analysts Set New Price Targets

BWXT has been the subject of several research reports. Maxim Group increased their price objective 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. Bank of America increased their target price on BWX Technologies from $115.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday, November 14th. Alembic Global Advisors upgraded BWX Technologies from a “neutral” rating to an “overweight” rating and set a $148.00 price target on the stock in a report 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 report on Wednesday, November 6th. Finally, StockNews.com cut shares of BWX Technologies from a “buy” rating to a “hold” rating in a research note on Wednesday, November 6th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $127.50.

BWX Technologies Price Performance

NYSE:BWXT opened at $113.15 on Thursday. The firm’s fifty day moving average price is $118.38 and its two-hundred day moving average price is $113.21. The company has a debt-to-equity ratio of 1.15, a current ratio of 2.25 and a quick ratio of 2.25. The company has a market cap of $10.35 billion, a P/E ratio of 37.47, a P/E/G ratio of 3.45 and a beta of 0.73. BWX Technologies, Inc. has a one year low of $82.79 and a one year high of $136.31.

BWX Technologies (NYSE:BWXT) last released its quarterly earnings results 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 net margin of 10.32% and a return on equity of 31.95%. The firm had revenue of $672.00 million for the quarter, compared to analysts’ expectations of $658.84 million. During the same period in the prior year, the firm earned $0.67 EPS. The business’s revenue was up 13.9% on a year-over-year basis. Equities analysts expect that BWX Technologies, Inc. will post 3.23 earnings per share for the current year.

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.