1,497 Shares in BWX Technologies, Inc. (NYSE:BWXT) Purchased by Centaurus Financial Inc.

Centaurus Financial Inc. acquired a new position in BWX Technologies, Inc. (NYSE:BWXT) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 1,497 shares of the technology company’s stock, valued at approximately $142,000.

Other large investors have also modified their holdings of the company. Quent Capital LLC increased its stake in BWX Technologies by 146.6% during the 1st quarter. Quent Capital LLC now owns 254 shares of the technology company’s stock valued at $26,000 after buying an additional 151 shares during the period. GAMMA Investing LLC increased its stake in BWX Technologies by 77.6% during the 1st quarter. GAMMA Investing LLC now owns 270 shares of the technology company’s stock valued at $28,000 after buying an additional 118 shares during the period. Toth Financial Advisory Corp increased its stake in BWX Technologies by 1,500.0% during the 1st quarter. Toth Financial Advisory Corp now owns 320 shares of the technology company’s stock valued at $33,000 after buying an additional 300 shares during the period. Ashton Thomas Private Wealth LLC acquired a new position in BWX Technologies during the 2nd quarter valued at about $45,000. Finally, Blue Trust Inc. increased its stake in BWX Technologies by 37.2% during the 2nd quarter. Blue Trust Inc. now owns 446 shares of the technology company’s stock valued at $46,000 after buying an additional 121 shares during the period. Institutional investors and hedge funds own 94.39% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on BWXT shares. StockNews.com raised shares of BWX Technologies from a “hold” rating to a “buy” rating in a research note on Tuesday, August 6th. Barclays cut shares of BWX Technologies from an “equal weight” rating to an “underweight” rating and raised their target price for the company from $75.00 to $90.00 in a research note on Wednesday, July 24th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of BWX Technologies from $113.00 to $129.00 and gave the stock a “buy” rating in a research note on Thursday, October 3rd. BTIG Research began coverage on shares of BWX Technologies in a research note on Wednesday, June 26th. They issued a “buy” rating and a $110.00 price objective on the stock. Finally, Janney Montgomery Scott began coverage on shares of BWX Technologies in a research note on Thursday, June 27th. They issued a “buy” rating and a $113.00 price objective on the stock. One analyst has rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $104.86.

BWX Technologies Stock Performance

Shares of BWXT opened at $116.24 on Tuesday. BWX Technologies, Inc. has a one year low of $72.91 and a one year high of $118.09. The company has a 50-day moving average of $101.17 and a two-hundred day moving average of $96.95. The stock has a market cap of $10.63 billion, a price-to-earnings ratio of 41.96, a PEG ratio of 3.84 and a beta of 0.71. The company has a debt-to-equity ratio of 1.21, a current ratio of 2.23 and a quick ratio of 2.23.

BWX Technologies (NYSE:BWXT) last announced its earnings results on Monday, August 5th. The technology company reported $0.82 EPS for the quarter, topping the consensus estimate of $0.76 by $0.06. BWX Technologies had a net margin of 10.29% and a return on equity of 31.93%. The company had revenue of $681.50 million during the quarter, compared to analysts’ expectations of $639.31 million. During the same period last year, the company posted $0.65 earnings per share. The business’s revenue for the quarter was up 11.3% on a year-over-year basis. On average, equities research analysts expect that BWX Technologies, Inc. will post 3.2 earnings per share for the current year.

BWX Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 5th. Shareholders of record on Friday, August 16th were issued a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 0.83%. The ex-dividend date was Friday, August 16th. BWX Technologies’s payout ratio is 34.66%.

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.