BWX Technologies, Inc. (NYSE:BWXT) Shares Acquired by Copeland Capital Management LLC

Copeland Capital Management LLC lifted its stake in BWX Technologies, Inc. (NYSE:BWXT) by 0.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 711,773 shares of the technology company’s stock after purchasing an additional 5,723 shares during the period. BWX Technologies makes up 1.3% of Copeland Capital Management LLC’s investment portfolio, making the stock its 20th largest holding. Copeland Capital Management LLC owned 0.78% of BWX Technologies worth $77,370,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. AQR Capital Management LLC increased its position in shares of BWX Technologies by 77.8% in the second quarter. AQR Capital Management LLC now owns 132,263 shares of the technology company’s stock valued at $12,565,000 after buying an additional 57,879 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of BWX Technologies by 105.0% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 18,239 shares of the technology company’s stock valued at $1,872,000 after purchasing an additional 9,344 shares in the last quarter. Bridges Investment Management Inc. lifted its holdings in shares of BWX Technologies by 76.3% in the second quarter. Bridges Investment Management Inc. now owns 359,147 shares of the technology company’s stock valued at $34,119,000 after purchasing an additional 155,387 shares in the last quarter. Arkfeld Wealth Strategies L.L.C. acquired a new stake in shares of BWX Technologies in the first quarter valued at approximately $1,144,000. Finally, Quantbot Technologies LP purchased a new position in shares of BWX Technologies during the 1st quarter worth approximately $1,096,000. Hedge funds and other institutional investors own 94.39% of the company’s stock.

Analyst Upgrades and Downgrades

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

BWX Technologies Trading Up 0.4 %

NYSE:BWXT opened at $126.75 on Tuesday. The business’s 50-day moving average is $106.10 and its two-hundred day moving average is $98.31. The firm has a market capitalization of $11.59 billion, a PE ratio of 45.76, a price-to-earnings-growth ratio of 4.25 and a beta of 0.71. BWX Technologies, Inc. has a 12 month low of $72.91 and a 12 month high of $128.00. 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 posted its quarterly earnings data on Monday, August 5th. The technology company reported $0.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.76 by $0.06. The company had revenue of $681.50 million for the quarter, compared to analyst estimates of $639.31 million. BWX Technologies had a net margin of 10.29% and a return on equity of 31.93%. The business’s quarterly revenue was up 11.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.65 earnings per share. Research analysts predict that BWX Technologies, Inc. will post 3.2 earnings per share for the current fiscal year.

BWX Technologies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 5th. Investors of record on Friday, August 16th were issued a $0.24 dividend. The ex-dividend date of this dividend was Friday, August 16th. This represents a $0.96 annualized dividend and a yield of 0.76%. BWX Technologies’s dividend payout ratio is presently 34.66%.

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.