Thompson Davis & CO. Inc. Acquires Shares of 1,801 BWX Technologies, Inc. (NYSE:BWXT)

Thompson Davis & CO. Inc. acquired a new stake in shares of BWX Technologies, Inc. (NYSE:BWXT) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 1,801 shares of the technology company’s stock, valued at approximately $201,000.

Other large investors have also bought and sold shares of the company. Blue Trust Inc. grew its stake in shares of BWX Technologies by 82.3% in the 3rd quarter. Blue Trust Inc. now owns 813 shares of the technology company’s stock worth $88,000 after buying an additional 367 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in shares of BWX Technologies in the 3rd quarter worth approximately $136,780,000. Hennion & Walsh Asset Management Inc. grew its stake in shares of BWX Technologies by 20.7% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 8,913 shares of the technology company’s stock worth $969,000 after buying an additional 1,529 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of BWX Technologies by 3.2% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 7,276 shares of the technology company’s stock worth $791,000 after buying an additional 225 shares during the last quarter. Finally, State of Alaska Department of Revenue grew its stake in shares of BWX Technologies by 1.4% in the 3rd quarter. State of Alaska Department of Revenue now owns 50,683 shares of the technology company’s stock worth $5,509,000 after buying an additional 720 shares during the last quarter. 94.39% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms recently weighed in on BWXT. Maxim Group upped their price target on BWX Technologies from $138.00 to $140.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. Truist Financial upped their price objective on BWX Technologies from $106.00 to $114.00 and gave the company a “hold” rating in a research report on Tuesday, January 14th. Alembic Global Advisors raised BWX Technologies from a “neutral” rating to an “overweight” rating and set a $148.00 price objective on the stock in a research report on Tuesday, November 12th. Barclays upped their price objective on BWX Technologies from $90.00 to $105.00 and gave the company an “underweight” rating in a research report on Monday, December 16th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on BWX Technologies from $129.00 to $130.00 and gave the company a “buy” rating in a research 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, BWX Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $127.50.

BWX Technologies Price Performance

NYSE BWXT opened at $101.44 on Friday. The business’s fifty day moving average price is $114.19 and its 200-day moving average price is $113.93. The stock has a market capitalization of $9.28 billion, a price-to-earnings ratio of 33.59, a PEG ratio of 3.29 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. BWX Technologies, Inc. has a 1-year low of $86.70 and a 1-year high of $136.31.

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.