Financial Sense Advisors Inc. Acquires 3,118 Shares of BWX Technologies, Inc. (NYSE:BWXT)

Financial Sense Advisors Inc. raised its holdings in shares of BWX Technologies, Inc. (NYSE:BWXT) by 31.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 13,187 shares of the technology company’s stock after purchasing an additional 3,118 shares during the period. Financial Sense Advisors Inc.’s holdings in BWX Technologies were worth $1,469,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in BWXT. Stone House Investment Management LLC lifted its holdings in shares of BWX Technologies by 76.2% during the third quarter. Stone House Investment Management LLC now owns 229 shares of the technology company’s stock valued at $25,000 after purchasing an additional 99 shares in the last quarter. Retirement Wealth Solutions LLC purchased a new position in shares of BWX Technologies during the fourth quarter valued at approximately $30,000. Quarry LP lifted its position in BWX Technologies by 93.6% during the third quarter. Quarry LP now owns 271 shares of the technology company’s stock valued at $29,000 after purchasing an additional 131 shares during the period. HHM Wealth Advisors LLC boosted its holdings in BWX Technologies by 45.0% in the fourth quarter. HHM Wealth Advisors LLC now owns 290 shares of the technology company’s stock worth $32,000 after purchasing an additional 90 shares during the last quarter. Finally, Principal Securities Inc. grew its position in BWX Technologies by 40.4% in the 4th quarter. Principal Securities Inc. now owns 316 shares of the technology company’s stock worth $35,000 after purchasing an additional 91 shares during the period. 94.39% of the stock is currently owned by hedge funds and other institutional investors.

BWX Technologies Trading Up 1.0 %

Shares of NYSE:BWXT opened at $107.85 on Thursday. The stock has a 50 day moving average of $114.94 and a 200 day moving average of $113.94. The company has a market cap of $9.86 billion, a PE ratio of 35.71, a price-to-earnings-growth ratio of 3.26 and a beta of 0.73. BWX Technologies, Inc. has a 12-month low of $86.70 and a 12-month high of $136.31. The company has a current ratio of 2.25, a quick ratio of 2.25 and a debt-to-equity ratio of 1.15.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on BWXT shares. StockNews.com cut BWX Technologies from a “buy” rating to a “hold” rating in a report on Wednesday, November 6th. Bank of America increased their target price on BWX Technologies from $115.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, November 14th. Truist Financial boosted their price target on BWX Technologies from $106.00 to $114.00 and gave the company a “hold” rating in a research note on Tuesday, January 14th. Maxim Group upped their price target on shares of BWX Technologies from $138.00 to $140.00 and gave the company a “buy” rating in a research report on Friday, January 10th. Finally, 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 report on Tuesday, November 12th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, BWX Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $127.50.

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.