Lincoln Capital LLC Acquires Shares of 1,953 BWX Technologies, Inc. (NYSE:BWXT)

Lincoln Capital LLC purchased a new stake in BWX Technologies, Inc. (NYSE:BWXT) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 1,953 shares of the technology company’s stock, valued at approximately $218,000.

Other institutional investors also recently modified their holdings of the company. FMR LLC grew its position in BWX Technologies by 22.3% in the third quarter. FMR LLC now owns 1,754,567 shares of the technology company’s stock valued at $190,721,000 after acquiring an additional 320,217 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC grew its holdings in shares of BWX Technologies by 12.7% during the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,707,832 shares of the technology company’s stock valued at $162,244,000 after purchasing an additional 192,042 shares during the last quarter. Geode Capital Management LLC increased its position in BWX Technologies by 1.6% during the 3rd quarter. Geode Capital Management LLC now owns 1,682,563 shares of the technology company’s stock worth $182,938,000 after purchasing an additional 26,130 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in BWX Technologies by 6.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,343,076 shares of the technology company’s stock valued at $127,593,000 after purchasing an additional 77,237 shares during the last quarter. Finally, Van ECK Associates Corp grew its stake in shares of BWX Technologies by 49.7% during the third quarter. Van ECK Associates Corp now owns 960,269 shares of the technology company’s stock worth $104,381,000 after buying an additional 318,598 shares during the last quarter. Institutional investors and hedge funds own 94.39% of the company’s stock.

BWX Technologies Trading Up 1.3 %

BWXT opened at $122.75 on Monday. 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. The company has a fifty day moving average of $121.41 and a 200-day moving average of $111.54. BWX Technologies, Inc. has a twelve month low of $78.47 and a twelve month high of $136.31.

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

BWX Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Tuesday, November 19th were paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 0.78%. The ex-dividend date was Tuesday, November 19th. BWX Technologies’s dividend payout ratio is presently 31.79%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Maxim Group raised their price objective on BWX Technologies from $138.00 to $140.00 and gave the company a “buy” rating in a report on Friday, January 10th. Deutsche Bank Aktiengesellschaft lifted their price target on BWX Technologies from $129.00 to $130.00 and gave the company a “buy” rating in a research note on Wednesday, November 6th. Alembic Global Advisors upgraded BWX Technologies from a “neutral” rating to an “overweight” rating and set a $148.00 price target on the stock in a report on Tuesday, November 12th. Bank of America raised their price objective on shares of BWX Technologies from $115.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, November 14th. Finally, Barclays boosted their target price on shares of BWX Technologies from $90.00 to $105.00 and gave the stock an “underweight” rating in a report on Monday, December 16th. One analyst has rated the stock with a sell rating, two have given a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target 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.