Oak Family Advisors LLC Decreases Stock Position in BWX Technologies, Inc. (NYSE:BWXT)

Oak Family Advisors LLC trimmed its holdings in shares of BWX Technologies, Inc. (NYSE:BWXT) by 18.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 54,027 shares of the technology company’s stock after selling 12,146 shares during the period. BWX Technologies accounts for about 2.2% of Oak Family Advisors LLC’s holdings, making the stock its 14th largest holding. Oak Family Advisors LLC’s holdings in BWX Technologies were worth $6,018,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of BWXT. FMR LLC grew its holdings in shares of BWX Technologies by 22.3% in the 3rd quarter. FMR LLC now owns 1,754,567 shares of the technology company’s stock worth $190,721,000 after acquiring an additional 320,217 shares during the period. Geode Capital Management LLC lifted its stake in 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 buying an additional 26,130 shares in the last quarter. Van ECK Associates Corp lifted its stake in shares of 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 during the period. Thrivent Financial for Lutherans lifted its stake in shares of 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 purchasing an additional 168,077 shares during the period. Finally, Copeland Capital Management LLC lifted its stake 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 worth $79,861,000 after purchasing an additional 5,173 shares during the period. 94.39% of the stock is owned by hedge funds and other institutional investors.

BWX Technologies Trading Down 1.9 %

BWXT opened at $113.02 on Monday. BWX Technologies, Inc. has a twelve month low of $81.40 and a twelve month high of $136.31. 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 firm’s fifty day moving average is $119.51 and its two-hundred day moving average is $113.08. The firm has a market cap of $10.33 billion, a PE ratio of 37.42, a price-to-earnings-growth ratio of 3.42 and a beta of 0.73.

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

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft upped 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. Bank of America increased their price target on BWX Technologies from $115.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, November 14th. StockNews.com downgraded BWX Technologies from a “buy” rating to a “hold” rating in a report on Wednesday, November 6th. Barclays increased their price target on BWX Technologies from $90.00 to $105.00 and gave the company an “underweight” rating in a report on Monday, December 16th. Finally, Truist Financial lifted their target price on BWX Technologies from $106.00 to $114.00 and gave the stock a “hold” rating in a research report on Tuesday, January 14th. One research 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. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $127.50.

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.