Keeley Teton Advisors LLC Grows Stake in BWX Technologies Inc (BWXT)

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Keeley Teton Advisors LLC lifted its holdings in BWX Technologies Inc (NYSE:BWXT) by 4.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 74,576 shares of the technology company’s stock after acquiring an additional 3,467 shares during the quarter. Keeley Teton Advisors LLC’s holdings in BWX Technologies were worth $3,697,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in BWXT. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its stake in BWX Technologies by 19.4% during the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 2,429 shares of the technology company’s stock worth $120,000 after purchasing an additional 394 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of BWX Technologies by 7.4% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,568 shares of the technology company’s stock worth $251,000 after buying an additional 452 shares during the period. First Mercantile Trust Co. boosted its position in shares of BWX Technologies by 15.6% during the fourth quarter. First Mercantile Trust Co. now owns 3,684 shares of the technology company’s stock worth $141,000 after buying an additional 496 shares during the period. BNP Paribas Arbitrage SA boosted its position in shares of BWX Technologies by 11.7% during the first quarter. BNP Paribas Arbitrage SA now owns 8,554 shares of the technology company’s stock worth $424,000 after buying an additional 897 shares during the period. Finally, Pier Capital LLC boosted its position in shares of BWX Technologies by 9.9% during the first quarter. Pier Capital LLC now owns 10,225 shares of the technology company’s stock worth $507,000 after buying an additional 923 shares during the period.

BWXT traded down $0.15 during trading on Friday, reaching $49.56. The stock had a trading volume of 5,463 shares, compared to its average volume of 638,252. The stock has a market cap of $4.86 billion, a PE ratio of 20.71, a P/E/G ratio of 2.43 and a beta of 0.97. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 3.20. BWX Technologies Inc has a one year low of $35.91 and a one year high of $69.95.

BWX Technologies (NYSE:BWXT) last released its earnings results on Wednesday, May 1st. The technology company reported $0.51 EPS for the quarter, missing the Zacks’ consensus estimate of $0.60 by ($0.09). The firm had revenue of $416.45 million during the quarter, compared to the consensus estimate of $465.11 million. BWX Technologies had a net margin of 12.61% and a return on equity of 76.32%. During the same period in the prior year, the company earned $0.67 EPS. As a group, equities analysts anticipate that BWX Technologies Inc will post 2.5 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 6th. Investors of record on Friday, May 17th will be paid a $0.17 dividend. The ex-dividend date of this dividend is Thursday, May 16th. This represents a $0.68 dividend on an annualized basis and a yield of 1.37%. BWX Technologies’s dividend payout ratio is presently 28.45%.

In related news, VP Jason S. Kerr sold 6,000 shares of the stock in a transaction on Thursday, March 7th. The stock was sold at an average price of $48.96, for a total value of $293,760.00. Following the transaction, the vice president now owns 8,213 shares of the company’s stock, valued at $402,108.48. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.44% of the stock is owned by corporate insiders.

BWXT has been the subject of several recent research reports. Maxim Group set a $68.00 price objective on BWX Technologies and gave the stock a “buy” rating in a research report on Thursday. Zacks Investment Research raised shares of BWX Technologies from a “sell” rating to a “hold” rating in a report on Wednesday, January 23rd. Bank of America cut shares of BWX Technologies from a “neutral” rating to an “underperform” rating and set a $52.00 price target on the stock. in a report on Friday, March 1st. Finally, TheStreet raised BWX Technologies from a “c+” rating to a “b-” rating in a research note on Monday. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $55.43.

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BWX Technologies Profile

BWX Technologies, Inc manufactures and sells nuclear components to the United States government. The company operates in three segments: Nuclear Operations, Technical Services, and Nuclear Energy. The Nuclear Operations segment offers precision naval nuclear components and reactors; close-tolerance and equipment for nuclear applications; and components for defense applications, as well as critical nuclear components, fuels, and assemblies for government and other uses.

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Institutional Ownership by Quarter for BWX Technologies (NYSE:BWXT)

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