Kera Capital Partners Inc. Purchases Shares of 2,013 BWX Technologies, Inc. (NYSE:BWXT)

Kera Capital Partners Inc. acquired a new stake in shares of BWX Technologies, Inc. (NYSE:BWXT) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 2,013 shares of the technology company’s stock, valued at approximately $224,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. FMR LLC raised its position in BWX Technologies by 22.3% in the 3rd quarter. FMR LLC now owns 1,754,567 shares of the technology company’s stock valued at $190,721,000 after purchasing an additional 320,217 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC raised its holdings in shares of BWX Technologies by 12.7% in the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,707,832 shares of the technology company’s stock valued at $162,244,000 after buying an additional 192,042 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of BWX Technologies by 1.6% in the third quarter. Geode Capital Management LLC now owns 1,682,563 shares of the technology company’s stock valued at $182,938,000 after buying an additional 26,130 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in BWX Technologies by 6.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,343,076 shares of the technology company’s stock worth $127,593,000 after buying an additional 77,237 shares in the last quarter. Finally, Van ECK Associates Corp grew its holdings 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 last quarter. Institutional investors and hedge funds own 94.39% of the company’s stock.

Wall Street Analyst Weigh In

BWXT has been the topic of a number of research reports. Maxim Group upped their target price on shares of BWX Technologies from $138.00 to $140.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. Truist Financial upped their price objective on BWX Technologies from $106.00 to $114.00 and gave the stock a “hold” rating in a report on Tuesday, January 14th. StockNews.com lowered BWX Technologies from a “buy” rating to a “hold” rating in a research report on Wednesday, November 6th. Bank of America boosted their target price on BWX Technologies from $115.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, November 14th. Finally, Deutsche Bank Aktiengesellschaft raised their price target on BWX Technologies from $129.00 to $130.00 and gave the company a “buy” rating in a report on Wednesday, November 6th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, BWX Technologies has an average rating of “Moderate Buy” and an average target price of $127.50.

BWX Technologies Stock Up 1.3 %

Shares of BWX Technologies stock opened at $122.75 on Monday. BWX Technologies, Inc. has a 12 month low of $78.47 and a 12 month high of $136.31. The business has a fifty day simple moving average of $121.41 and a 200 day simple moving average of $111.54. The company has a quick ratio of 2.25, a current ratio of 2.25 and a debt-to-equity ratio of 1.15. The stock has a market cap of $11.22 billion, a PE ratio of 40.65, a price-to-earnings-growth ratio of 3.59 and a beta of 0.73.

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

BWX Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Tuesday, November 19th were issued a $0.24 dividend. The ex-dividend date of this dividend was Tuesday, November 19th. This represents a $0.96 annualized dividend and a yield of 0.78%. BWX Technologies’s dividend payout ratio (DPR) is presently 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.