Klein Pavlis & Peasley Financial Inc. Sells 99 Shares of BWX Technologies, Inc. (NYSE:BWXT)

Klein Pavlis & Peasley Financial Inc. lowered its holdings in BWX Technologies, Inc. (NYSE:BWXT) by 1.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 9,104 shares of the technology company’s stock after selling 99 shares during the quarter. Klein Pavlis & Peasley Financial Inc.’s holdings in BWX Technologies were worth $1,014,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the business. FMR LLC increased its holdings in shares of BWX Technologies by 22.3% during the third quarter. FMR LLC now owns 1,754,567 shares of the technology company’s stock worth $190,721,000 after purchasing an additional 320,217 shares during the period. Geode Capital Management LLC grew its position in BWX Technologies by 1.6% during the third quarter. Geode Capital Management LLC now owns 1,682,563 shares of the technology company’s stock worth $182,938,000 after buying an additional 26,130 shares in the last quarter. Van ECK Associates Corp increased its stake in BWX Technologies by 49.7% during the 3rd quarter. Van ECK Associates Corp now owns 960,269 shares of the technology company’s stock worth $104,381,000 after acquiring an additional 318,598 shares during the period. Thrivent Financial for Lutherans raised its holdings in BWX Technologies by 29.1% in the 3rd quarter. Thrivent Financial for Lutherans now owns 746,145 shares of the technology company’s stock valued at $81,105,000 after acquiring an additional 168,077 shares in the last quarter. Finally, Copeland Capital Management LLC raised its holdings in BWX Technologies by 0.7% in the 4th quarter. Copeland Capital Management LLC now owns 716,946 shares of the technology company’s stock valued at $79,861,000 after acquiring an additional 5,173 shares in the last quarter. Institutional investors own 94.39% of the company’s stock.

BWX Technologies Stock Performance

Shares of BWXT stock opened at $113.15 on Thursday. The firm has a market capitalization of $10.35 billion, a price-to-earnings ratio of 37.47, a PEG ratio of 3.45 and a beta of 0.73. The company has a current ratio of 2.25, a quick ratio of 2.25 and a debt-to-equity ratio of 1.15. The business’s 50-day moving average price is $118.38 and its 200-day moving average price is $113.21. BWX Technologies, Inc. has a 12 month low of $82.79 and a 12 month high of $136.31.

BWX Technologies (NYSE:BWXT) last posted its earnings results on Monday, November 4th. The technology company reported $0.83 EPS for the quarter, topping the consensus estimate of $0.77 by $0.06. BWX Technologies had a net margin of 10.32% and a return on equity of 31.95%. The business had revenue of $672.00 million for the quarter, compared to the consensus estimate of $658.84 million. During the same period last year, the company earned $0.67 EPS. The firm’s revenue was up 13.9% compared to the same quarter last year. Equities research analysts forecast that BWX Technologies, Inc. will post 3.23 EPS for the current year.

Analysts Set New Price Targets

BWXT has been the topic of a number of recent analyst reports. StockNews.com cut BWX Technologies from a “buy” rating to a “hold” rating in a research report on Wednesday, November 6th. Truist Financial raised their target price on shares of BWX Technologies from $106.00 to $114.00 and gave the company a “hold” rating in a report on Tuesday, January 14th. Bank of America upped their price target on shares of BWX Technologies from $115.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday, November 14th. Alembic Global Advisors raised shares of BWX Technologies from a “neutral” rating to an “overweight” rating and set a $148.00 price objective on the stock in a research note on Tuesday, November 12th. Finally, Maxim Group upped their target price on BWX Technologies from $138.00 to $140.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. One analyst has rated the stock with a sell rating, two have issued a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, BWX Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $127.50.

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.