BWX Technologies, Inc. (NYSE:BWXT) Shares Sold by OneDigital Investment Advisors LLC

OneDigital Investment Advisors LLC cut its stake in shares of BWX Technologies, Inc. (NYSE:BWXT) by 6.4% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 54,372 shares of the technology company’s stock after selling 3,716 shares during the period. OneDigital Investment Advisors LLC owned approximately 0.06% of BWX Technologies worth $5,910,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Quent Capital LLC raised its holdings in BWX Technologies by 147.6% during the 3rd quarter. Quent Capital LLC now owns 255 shares of the technology company’s stock worth $28,000 after buying an additional 152 shares during the period. UMB Bank n.a. lifted its position in shares of BWX Technologies by 729.0% in the 3rd quarter. UMB Bank n.a. now owns 257 shares of the technology company’s stock valued at $28,000 after acquiring an additional 226 shares in the last quarter. V Square Quantitative Management LLC acquired a new position in BWX Technologies in the 3rd quarter worth approximately $31,000. GAMMA Investing LLC raised its stake in BWX Technologies by 58.9% during the 2nd quarter. GAMMA Investing LLC now owns 429 shares of the technology company’s stock valued at $41,000 after purchasing an additional 159 shares during the period. Finally, Ashton Thomas Private Wealth LLC acquired a new stake in BWX Technologies during the 2nd quarter valued at $45,000. 94.39% of the stock is owned by institutional investors and hedge funds.

BWX Technologies Trading Down 1.5 %

Shares of NYSE:BWXT opened at $126.26 on Friday. The company has a current ratio of 2.25, a quick ratio of 2.25 and a debt-to-equity ratio of 1.15. The stock has a market capitalization of $11.54 billion, a PE ratio of 41.81, a P/E/G ratio of 4.82 and a beta of 0.69. BWX Technologies, Inc. has a 1 year low of $74.69 and a 1 year high of $136.31. The firm has a fifty day moving average price of $115.18 and a 200 day moving average price of $102.03.

BWX Technologies (NYSE:BWXT) last issued its quarterly earnings data on Monday, November 4th. The technology company reported $0.83 earnings per share for the quarter, beating 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 business had revenue of $672.00 million for the quarter, compared to the consensus estimate of $658.84 million. During the same period last year, the business earned $0.67 EPS. The firm’s revenue was up 13.9% compared to the same quarter last year. Analysts expect that BWX Technologies, Inc. will post 3.21 EPS for the current fiscal year.

BWX Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 10th. Investors of record on Tuesday, November 19th will be paid a $0.24 dividend. The ex-dividend date is Tuesday, November 19th. This represents a $0.96 dividend on an annualized basis and a yield of 0.76%. BWX Technologies’s payout ratio is presently 31.79%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on BWXT shares. Bank of America lifted their price target on BWX Technologies from $115.00 to $160.00 and gave the company a “buy” rating in a report on Thursday. Deutsche Bank Aktiengesellschaft upped their target price on BWX Technologies from $129.00 to $130.00 and gave the company a “buy” rating in a 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 objective on the stock in a research report on Tuesday. Barclays lowered shares of BWX Technologies from an “equal weight” rating to an “underweight” rating and upped their price objective for the company from $75.00 to $90.00 in a research note on Wednesday, July 24th. Finally, StockNews.com cut shares of BWX Technologies from a “buy” rating to a “hold” rating in a report on Wednesday, November 6th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, BWX Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $122.43.

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.