Entropy Technologies LP Reduces Stock Position in BWX Technologies, Inc. (NYSE:BWXT)

Entropy Technologies LP reduced its holdings in BWX Technologies, Inc. (NYSE:BWXT) by 51.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,929 shares of the technology company’s stock after selling 2,067 shares during the period. Entropy Technologies LP’s holdings in BWX Technologies were worth $215,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in BWXT. Stone House Investment Management LLC grew its stake in shares of BWX Technologies by 76.2% in the 3rd quarter. Stone House Investment Management LLC now owns 229 shares of the technology company’s stock worth $25,000 after buying an additional 99 shares in the last quarter. Quarry LP grew its stake in shares of BWX Technologies by 93.6% in the 3rd quarter. Quarry LP now owns 271 shares of the technology company’s stock worth $29,000 after buying an additional 131 shares in the last quarter. Retirement Wealth Solutions LLC purchased a new position in shares of BWX Technologies in the 4th quarter worth $30,000. V Square Quantitative Management LLC bought a new stake in shares of BWX Technologies in the 3rd quarter worth about $31,000. Finally, HHM Wealth Advisors LLC lifted its holdings in shares of BWX Technologies by 45.0% in the 4th quarter. HHM Wealth Advisors LLC now owns 290 shares of the technology company’s stock worth $32,000 after acquiring an additional 90 shares during the last quarter. 94.39% of the stock is owned by hedge funds and other institutional investors.

BWX Technologies Trading Down 2.2 %

Shares of BWXT opened at $106.72 on Friday. BWX Technologies, Inc. has a 1-year low of $86.70 and a 1-year high of $136.31. The company has a 50-day moving average of $115.86 and a 200 day moving average of $113.63. The firm has a market capitalization of $9.76 billion, a price-to-earnings ratio of 35.34, a PEG ratio of 3.44 and a beta of 0.73. The company has a debt-to-equity ratio of 1.15, a current ratio of 2.25 and a quick ratio of 2.25.

Analyst Ratings Changes

BWXT has been the subject of several analyst reports. Barclays raised 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. Truist Financial raised their target price on shares of BWX Technologies from $106.00 to $114.00 and gave the stock a “hold” rating in a report on Tuesday, January 14th. Alembic Global Advisors upgraded shares of BWX Technologies from a “neutral” rating to an “overweight” rating and set a $148.00 target price for the company in a report on Tuesday, November 12th. Bank of America raised their target price 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. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of BWX Technologies from $129.00 to $130.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus 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.