4,672 Shares in BWX Technologies, Inc. (NYSE:BWXT) Bought by Centiva Capital LP

Centiva Capital LP acquired a new stake in shares of BWX Technologies, Inc. (NYSE:BWXT - Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 4,672 shares of the technology company's stock, valued at approximately $508,000.

Other hedge funds also recently made changes to their positions in the company. Stone House Investment Management LLC raised its position in BWX Technologies by 76.2% in the 3rd quarter. Stone House Investment Management LLC now owns 229 shares of the technology company's stock worth $25,000 after purchasing an additional 99 shares during the period. Quent Capital LLC increased its holdings in shares of BWX Technologies by 147.6% in the third quarter. Quent Capital LLC now owns 255 shares of the technology company's stock worth $28,000 after buying an additional 152 shares during the period. UMB Bank n.a. lifted its stake in shares of BWX Technologies by 729.0% in the 3rd quarter. UMB Bank n.a. now owns 257 shares of the technology company's stock valued at $28,000 after acquiring an additional 226 shares during the last quarter. V Square Quantitative Management LLC purchased a new stake in BWX Technologies during the 3rd quarter valued at about $31,000. Finally, GAMMA Investing LLC increased its stake in BWX Technologies by 58.9% in the 2nd quarter. GAMMA Investing LLC now owns 429 shares of the technology company's stock worth $41,000 after purchasing an additional 159 shares during the period. 94.39% of the stock is owned by institutional investors.

BWX Technologies Stock Down 3.0 %

Shares of BWX Technologies stock traded down $3.82 during trading on Monday, hitting $122.19. The company's stock had a trading volume of 820,462 shares, compared to its average volume of 648,776. BWX Technologies, Inc. has a 52 week low of $74.69 and a 52 week high of $136.31. The company has a market capitalization of $11.17 billion, a PE ratio of 40.46, a P/E/G ratio of 4.22 and a beta of 0.70. The company has a fifty day simple moving average of $124.17 and a two-hundred day simple moving average of $106.55. The company has a debt-to-equity ratio of 1.15, a quick ratio of 2.25 and a current ratio of 2.25.

BWX Technologies (NYSE:BWXT - Get Free Report) last announced its quarterly earnings data on Monday, November 4th. The technology company reported $0.83 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.77 by $0.06. The business had revenue of $672.00 million during the quarter, compared to analysts' expectations of $658.84 million. BWX Technologies had a return on equity of 31.95% and a net margin of 10.32%. The firm's quarterly revenue was up 13.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.67 earnings per share. Equities research analysts predict that BWX Technologies, Inc. will post 3.23 earnings per share for the current year.

BWX Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Tuesday, November 19th will be paid a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 0.79%. The ex-dividend date of this dividend is Tuesday, November 19th. BWX Technologies's dividend payout ratio (DPR) is presently 31.79%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on BWXT. Alembic Global Advisors upgraded shares of BWX Technologies from a "neutral" rating to an "overweight" rating and set a $148.00 target price on the stock in a report on Tuesday, November 12th. Bank of America boosted their price objective on shares of BWX Technologies from $115.00 to $160.00 and gave the company a "buy" rating in a research report on Thursday, November 14th. StockNews.com cut BWX Technologies from a "buy" rating to a "hold" rating in a research note on Wednesday, November 6th. Truist Financial upped their price target on BWX Technologies from $95.00 to $106.00 and gave the company a "hold" rating in a research report on Tuesday, November 5th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on BWX Technologies from $129.00 to $130.00 and gave the stock a "buy" rating in a research report on Wednesday, November 6th. One investment 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 data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $122.43.

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.