BWX Technologies (NYSE:BWXT) Reaches New 12-Month High at $85.73

BWX Technologies, Inc. (NYSE:BWXTGet Free Report) shares reached a new 52-week high during trading on Monday . The company traded as high as $85.73 and last traded at $85.73, with a volume of 504 shares changing hands. The stock had previously closed at $85.19.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Truist Financial lifted their price objective on shares of BWX Technologies from $83.00 to $90.00 and gave the company a “buy” rating in a research note on Wednesday, January 10th. Alembic Global Advisors cut shares of BWX Technologies from an “overweight” rating to a “neutral” rating and upped their price objective for the company from $79.00 to $82.00 in a research report on Friday, November 3rd. Finally, StockNews.com downgraded BWX Technologies from a “buy” rating to a “hold” rating in a research note on Wednesday, January 31st. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, BWX Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $81.25.

View Our Latest Research Report on BWXT

BWX Technologies Trading Up 0.6 %

The company has a debt-to-equity ratio of 1.53, a quick ratio of 2.50 and a current ratio of 2.50. The business’s 50 day moving average price is $79.35 and its 200-day moving average price is $76.29. The firm has a market cap of $7.85 billion, a price-to-earnings ratio of 34.91, a price-to-earnings-growth ratio of 5.89 and a beta of 0.69.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in BWXT. Legacy Wealth Asset Management LLC boosted its stake in BWX Technologies by 2.5% in the second quarter. Legacy Wealth Asset Management LLC now owns 5,585 shares of the technology company’s stock valued at $400,000 after acquiring an additional 138 shares during the period. Cetera Investment Advisers boosted its position in BWX Technologies by 2.1% during the 1st quarter. Cetera Investment Advisers now owns 7,907 shares of the technology company’s stock valued at $498,000 after purchasing an additional 165 shares during the period. Mastrapasqua Asset Management Inc. boosted its position in BWX Technologies by 1.0% during the 2nd quarter. Mastrapasqua Asset Management Inc. now owns 18,166 shares of the technology company’s stock valued at $1,300,000 after purchasing an additional 184 shares during the period. CWM LLC grew its stake in BWX Technologies by 62.3% during the 2nd quarter. CWM LLC now owns 490 shares of the technology company’s stock worth $35,000 after buying an additional 188 shares during the last quarter. Finally, Truist Financial Corp increased its holdings in shares of BWX Technologies by 3.1% in the 4th quarter. Truist Financial Corp now owns 6,177 shares of the technology company’s stock worth $359,000 after acquiring an additional 188 shares during the period. Institutional investors and hedge funds own 96.98% of the company’s stock.

BWX Technologies Company Profile

(Get Free Report)

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; undertakes fabrication activities for missile launch tubes for U.S.

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