New York State Common Retirement Fund Sells 30,578 Shares of BWX Technologies, Inc. (NYSE:BWXT)

New York State Common Retirement Fund lowered its holdings in shares of BWX Technologies, Inc. (NYSE:BWXT) by 7.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 392,292 shares of the technology company’s stock after selling 30,578 shares during the quarter. New York State Common Retirement Fund’s holdings in BWX Technologies were worth $43,697,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of BWXT. Stephens Investment Management Group LLC bought a new position in BWX Technologies during the fourth quarter valued at $50,054,000. Van ECK Associates Corp lifted its holdings in shares of BWX Technologies by 46.7% in the 4th quarter. Van ECK Associates Corp now owns 1,408,736 shares of the technology company’s stock worth $156,919,000 after acquiring an additional 448,467 shares during the last quarter. FMR LLC lifted 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 last quarter. Thrivent Financial for Lutherans lifted its holdings in shares of BWX Technologies by 29.1% in the 3rd quarter. Thrivent Financial for Lutherans now owns 746,145 shares of the technology company’s stock worth $81,105,000 after acquiring an additional 168,077 shares during the last quarter. Finally, International Assets Investment Management LLC bought a new stake in shares of BWX Technologies in the 3rd quarter worth about $136,780,000. Institutional investors own 94.39% of the company’s stock.

BWX Technologies Trading Down 2.9 %

BWXT stock opened at $104.58 on Friday. 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 capitalization of $9.56 billion, a PE ratio of 34.63, a P/E/G ratio of 3.26 and a beta of 0.73. The firm’s 50-day moving average is $114.58 and its 200 day moving average is $113.87. BWX Technologies, Inc. has a 12 month low of $86.70 and a 12 month high of $136.31.

Wall Street Analysts Forecast Growth

BWXT has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft raised their target price on shares of BWX Technologies from $129.00 to $130.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. StockNews.com lowered shares of BWX Technologies from a “buy” rating to a “hold” rating in a report on Wednesday, November 6th. Barclays raised their target price on shares of BWX Technologies from $90.00 to $105.00 and gave the stock an “underweight” rating in a report on Monday, December 16th. Maxim Group raised their target price on shares of BWX Technologies from $138.00 to $140.00 and gave the stock a “buy” rating in a report on Friday, January 10th. Finally, Truist Financial raised their target price on shares of BWX Technologies from $106.00 to $114.00 and gave the stock a “hold” rating in a report on Tuesday, January 14th. One research analyst has rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target 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.