BWX Technologies, Inc. (NYSE:BWXT) Shares Acquired by Natixis Advisors LLC

Natixis Advisors LLC increased its stake in BWX Technologies, Inc. (NYSE:BWXT - Free Report) by 14.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 146,747 shares of the technology company's stock after purchasing an additional 18,404 shares during the quarter. Natixis Advisors LLC owned approximately 0.16% of BWX Technologies worth $15,951,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of BWXT. Quent Capital LLC boosted its position in BWX Technologies by 147.6% during the third quarter. Quent Capital LLC now owns 255 shares of the technology company's stock valued at $28,000 after buying an additional 152 shares during the period. UMB Bank n.a. boosted its holdings in BWX Technologies by 729.0% in the third quarter. UMB Bank n.a. now owns 257 shares of the technology company's stock worth $28,000 after purchasing an additional 226 shares during the last quarter. V Square Quantitative Management LLC purchased a new stake in BWX Technologies in the third quarter worth approximately $31,000. GAMMA Investing LLC raised its position in BWX Technologies by 58.9% in the second quarter. GAMMA Investing LLC now owns 429 shares of the technology company's stock worth $41,000 after acquiring an additional 159 shares during the period. Finally, Ashton Thomas Private Wealth LLC bought a new position in BWX Technologies in the second quarter worth approximately $45,000. Institutional investors own 94.39% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on BWXT. StockNews.com downgraded shares of BWX Technologies from a "buy" rating to a "hold" rating in a research report on Wednesday, November 6th. Barclays downgraded shares of BWX Technologies from an "equal weight" rating to an "underweight" rating and lifted their price target for the company from $75.00 to $90.00 in a report on Wednesday, July 24th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of BWX Technologies from $129.00 to $130.00 and gave the company a "buy" rating in a report on Wednesday, November 6th. Truist Financial lifted their price target on shares of BWX Technologies from $95.00 to $106.00 and gave the company a "hold" rating in a report on Tuesday, November 5th. Finally, Bank of America lifted their price target on shares of BWX Technologies from $115.00 to $160.00 and gave the company a "buy" rating in a report on Thursday, November 14th. One research analyst has rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $122.43.

BWX Technologies Trading Down 0.9 %

BWXT traded down $1.12 on Wednesday, reaching $129.21. 466,706 shares of the company traded hands, compared to its average volume of 643,565. BWX Technologies, Inc. has a one year low of $74.69 and a one year high of $136.31. The firm has a fifty day simple moving average of $116.47 and a two-hundred day simple moving average of $102.57. The company has a market cap of $11.81 billion, a P/E ratio of 43.16, a price-to-earnings-growth ratio of 4.23 and a beta of 0.69. The company has a quick ratio of 2.25, a current ratio of 2.25 and a debt-to-equity ratio of 1.15.

BWX Technologies (NYSE:BWXT - Get Free Report) last posted its quarterly earnings results on Monday, November 4th. The technology company reported $0.83 EPS for the quarter, beating the consensus estimate of $0.77 by $0.06. The business had revenue of $672.00 million during the quarter, compared to analyst estimates of $658.84 million. BWX Technologies had a net margin of 10.32% and a return on equity of 31.95%. The company's quarterly revenue was up 13.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.67 EPS. As a group, equities research analysts expect 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 issued a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 0.74%. The ex-dividend date of this dividend is Tuesday, November 19th. BWX Technologies's dividend payout ratio (DPR) is currently 31.79%.

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.