BWX Technologies, Inc. (NYSE:BWXT) Stock Holdings Increased by American Century Companies Inc.

American Century Companies Inc. grew its position in shares of BWX Technologies, Inc. (NYSE:BWXT) by 3.0% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 765,527 shares of the technology company’s stock after buying an additional 22,064 shares during the quarter. American Century Companies Inc.’s holdings in BWX Technologies were worth $85,272,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in BWXT. FMR LLC raised its position in shares of BWX Technologies by 22.3% during the 3rd 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 in the last quarter. Geode Capital Management LLC increased its stake in BWX Technologies by 1.6% during the third 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 last quarter. Van ECK Associates Corp raised its holdings in shares of BWX Technologies by 46.7% during the fourth quarter. Van ECK Associates Corp now owns 1,408,736 shares of the technology company’s stock worth $156,919,000 after purchasing an additional 448,467 shares during the period. Bank of New York Mellon Corp lifted its position in shares of BWX Technologies by 19.8% in the 4th quarter. Bank of New York Mellon Corp now owns 1,379,779 shares of the technology company’s stock worth $153,694,000 after buying an additional 228,413 shares during the last quarter. Finally, Copeland Capital Management LLC grew its position in shares of BWX Technologies by 0.7% during the 4th 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 during the last quarter. Institutional investors and hedge funds own 94.39% of the company’s stock.

BWX Technologies Stock Up 4.8 %

Shares of BWX Technologies stock opened at $104.15 on Tuesday. BWX Technologies, Inc. has a 1-year low of $86.70 and a 1-year high of $136.31. The company has a market capitalization of $9.52 billion, a P/E ratio of 34.49, a PEG ratio of 3.20 and a beta of 0.69. The business’s fifty day moving average price is $108.68 and its two-hundred day moving average price is $114.37. The company has a debt-to-equity ratio of 1.15, a current ratio of 2.25 and a quick ratio of 2.25.

BWX Technologies (NYSE:BWXT) last issued its quarterly earnings data on Monday, February 24th. The technology company reported $0.92 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.12. The business had revenue of $746.27 million for the quarter, compared to analysts’ expectations of $653.16 million. BWX Technologies had a net margin of 10.32% and a return on equity of 31.95%. As a group, research analysts forecast that BWX Technologies, Inc. will post 3.23 EPS for the current year.

BWX Technologies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Tuesday, March 11th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Tuesday, March 11th. This is a boost from BWX Technologies’s previous quarterly dividend of $0.24. This represents a $1.00 annualized dividend and a dividend yield of 0.96%. BWX Technologies’s dividend payout ratio (DPR) is 32.57%.

Analysts Set New Price Targets

A number of equities analysts have commented on BWXT shares. Truist Financial lifted their target price on BWX Technologies from $106.00 to $114.00 and gave the company a “hold” rating in a research note on Tuesday, January 14th. Barclays boosted their price objective on BWX Technologies from $90.00 to $105.00 and gave the company an “underweight” rating in a research report on Monday, December 16th. Finally, Maxim Group increased their target price on BWX Technologies from $138.00 to $140.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. One analyst has rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, BWX Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $127.50.

Insider Activity at BWX Technologies

In other news, SVP Robert L. Duffy sold 6,000 shares of the firm’s stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $104.03, for a total transaction of $624,180.00. Following the completion of the transaction, the senior vice president now owns 3,206 shares in the company, valued at approximately $333,520.18. This trade represents a 65.17 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Ronald Owen Whitford, Jr. sold 2,000 shares of the business’s stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $104.92, for a total transaction of $209,840.00. Following the completion of the sale, the senior vice president now owns 9,904 shares in the company, valued at $1,039,127.68. The trade was a 16.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 53,625 shares of company stock worth $5,734,145 over the last quarter. 0.47% of the stock is currently owned by company insiders.

About BWX Technologies

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.