Stonebridge Financial Group LLC Acquires New Shares in BWX Technologies, Inc. (NYSE:BWXT)

Stonebridge Financial Group LLC bought a new position in shares of BWX Technologies, Inc. (NYSE:BWXT) during the 4th quarter, Holdings Channel.com reports. The firm bought 1,117 shares of the technology company’s stock, valued at approximately $124,000.

Several other institutional investors also recently bought and sold shares of BWXT. CWM LLC boosted its stake in shares of BWX Technologies by 92.5% during the 3rd quarter. CWM LLC now owns 2,605 shares of the technology company’s stock worth $283,000 after acquiring an additional 1,252 shares in the last quarter. UMB Bank n.a. lifted its holdings in BWX Technologies by 729.0% in the 3rd quarter. UMB Bank n.a. now owns 257 shares of the technology company’s stock worth $28,000 after purchasing an additional 226 shares during the last quarter. Exchange Traded Concepts LLC boosted its position in BWX Technologies by 39.0% during the third quarter. Exchange Traded Concepts LLC now owns 12,928 shares of the technology company’s stock worth $1,405,000 after purchasing an additional 3,630 shares during the period. Compass Wealth Management LLC acquired a new position in BWX Technologies during the third quarter valued at approximately $3,456,000. Finally, V Square Quantitative Management LLC acquired a new position in BWX Technologies during the third quarter valued at approximately $31,000. 94.39% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts recently issued reports on BWXT shares. Bank of America upped their price objective on shares of BWX Technologies from $115.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday, November 14th. Truist Financial upped their price target on shares of BWX Technologies from $106.00 to $114.00 and gave the company a “hold” rating in a report on Tuesday, January 14th. Maxim Group lifted their price objective on BWX Technologies from $138.00 to $140.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. Barclays increased their target price on BWX Technologies from $90.00 to $105.00 and gave the company an “underweight” rating in a research note on Monday, December 16th. Finally, Alembic Global Advisors raised BWX Technologies from a “neutral” rating to an “overweight” rating and set a $148.00 price target on the stock in a research report on Tuesday, November 12th. One research analyst has rated the stock with a sell rating, two have given a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $127.50.

BWX Technologies Trading Down 2.2 %

BWX Technologies stock opened at $109.48 on Thursday. The business has a 50 day moving average price of $116.63 and a two-hundred day moving average price of $113.60. The company has a quick ratio of 2.25, a current ratio of 2.25 and a debt-to-equity ratio of 1.15. BWX Technologies, Inc. has a 12 month low of $83.71 and a 12 month high of $136.31. The stock has a market cap of $10.01 billion, a price-to-earnings ratio of 36.25, a price-to-earnings-growth ratio of 3.44 and a beta of 0.73.

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.