Copeland Capital Management LLC Raises Holdings in BWX Technologies, Inc. (NYSE:BWXT)

Copeland Capital Management LLC increased its holdings in shares of BWX Technologies, Inc. (NYSE:BWXT - Free Report) by 0.8% in the third quarter, according to its most recent filing with the SEC. The fund owned 711,773 shares of the technology company's stock after acquiring an additional 5,723 shares during the period. BWX Technologies comprises 1.3% of Copeland Capital Management LLC's portfolio, making the stock its 20th biggest position. Copeland Capital Management LLC owned about 0.78% of BWX Technologies worth $77,370,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of BWXT. Quent Capital LLC boosted its stake in shares of BWX Technologies by 146.6% during the first quarter. Quent Capital LLC now owns 254 shares of the technology company's stock valued at $26,000 after purchasing an additional 151 shares during the period. UMB Bank n.a. increased its position in shares of BWX Technologies by 729.0% during the third quarter. UMB Bank n.a. now owns 257 shares of the technology company's stock worth $28,000 after acquiring an additional 226 shares during the period. GAMMA Investing LLC boosted its holdings in shares of BWX Technologies by 77.6% in the first quarter. GAMMA Investing LLC now owns 270 shares of the technology company's stock valued at $28,000 after purchasing an additional 118 shares during the period. V Square Quantitative Management LLC bought a new position in BWX Technologies in the third quarter worth approximately $31,000. Finally, Toth Financial Advisory Corp increased its holdings 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 worth $33,000 after purchasing an additional 300 shares during the period. Hedge funds and other institutional investors own 94.39% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Janney Montgomery Scott assumed 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 for the company. BTIG Research began coverage on BWX Technologies in a research note on Wednesday, June 26th. They set a "buy" rating and a $110.00 price objective for the company. Barclays lowered shares of BWX Technologies from an "equal weight" rating to an "underweight" rating and increased their price target for the company from $75.00 to $90.00 in a research report on Wednesday, July 24th. Deutsche Bank Aktiengesellschaft boosted 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. Finally, StockNews.com raised BWX Technologies from a "hold" rating to a "buy" rating in a research report on Tuesday, August 6th. One research analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $104.86.

BWX Technologies Stock Performance

Shares of NYSE BWXT traded down $3.09 during mid-day trading on Tuesday, hitting $123.66. The stock had a trading volume of 736,541 shares, compared to its average volume of 600,711. The company has a 50 day moving average of $106.10 and a two-hundred day moving average of $98.31. BWX Technologies, Inc. has a twelve month low of $72.91 and a twelve month high of $128.00. The company has a debt-to-equity ratio of 1.21, a quick ratio of 2.23 and a current ratio of 2.23. The firm has a market cap of $11.30 billion, a PE ratio of 45.76, a PEG ratio of 4.25 and a beta of 0.71.

BWX Technologies (NYSE:BWXT - Get Free Report) last announced its quarterly earnings data on Monday, August 5th. The technology company reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $0.06. The firm had revenue of $681.50 million during the quarter, compared to analysts' expectations of $639.31 million. BWX Technologies had a return on equity of 31.93% and a net margin of 10.29%. The company's revenue for the quarter was up 11.3% compared to the same quarter last year. During the same period last year, the business posted $0.65 earnings per share. Research analysts predict that BWX Technologies, Inc. will post 3.2 EPS for the current fiscal year.

BWX Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 5th. Stockholders of record on Friday, August 16th were paid a $0.24 dividend. The ex-dividend date was Friday, August 16th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 0.78%. BWX Technologies's payout ratio is currently 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.