Leeward Investments LLC MA Sells 94,545 Shares of BWX Technologies, Inc. (NYSE:BWXT)

Leeward Investments LLC MA cut its holdings in BWX Technologies, Inc. (NYSE:BWXT) by 80.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 22,964 shares of the technology company’s stock after selling 94,545 shares during the period. Leeward Investments LLC MA’s holdings in BWX Technologies were worth $2,558,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of BWXT. Stephens Investment Management Group LLC bought a new position in BWX Technologies in the 4th quarter worth $50,054,000. Van ECK Associates Corp increased its position in BWX Technologies by 46.7% in the fourth quarter. Van ECK Associates Corp now owns 1,408,736 shares of the technology company’s stock worth $156,919,000 after buying an additional 448,467 shares in the last quarter. FMR LLC raised its stake in shares of BWX Technologies by 22.3% in the third quarter. FMR LLC now owns 1,754,567 shares of the technology company’s stock worth $190,721,000 after buying an additional 320,217 shares during the period. Thrivent Financial for Lutherans lifted its position in shares of BWX Technologies by 29.1% during the 3rd quarter. Thrivent Financial for Lutherans now owns 746,145 shares of the technology company’s stock valued at $81,105,000 after buying an additional 168,077 shares in the last quarter. Finally, Sanctuary Advisors LLC lifted its position in shares of BWX Technologies by 1,249.4% during the 3rd quarter. Sanctuary Advisors LLC now owns 86,509 shares of the technology company’s stock valued at $9,404,000 after buying an additional 80,098 shares in the last quarter. Hedge funds and other institutional investors own 94.39% of the company’s stock.

BWX Technologies Stock Performance

Shares of NYSE BWXT opened at $101.44 on Monday. The firm’s fifty day moving average is $114.19 and its two-hundred day moving average is $114.22. BWX Technologies, Inc. has a 52-week low of $86.70 and a 52-week high of $136.31. The company has a market cap of $9.28 billion, a P/E ratio of 33.59, a P/E/G ratio of 3.20 and a beta of 0.73. The company has a debt-to-equity ratio of 1.15, a quick ratio of 2.25 and a current ratio of 2.25.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on BWXT shares. StockNews.com cut shares of BWX Technologies from a “buy” rating to a “hold” rating in a research note on Wednesday, November 6th. Bank of America increased their price objective on shares of BWX Technologies from $115.00 to $160.00 and gave the stock a “buy” rating in a research note on Thursday, November 14th. Truist Financial lifted their target price on shares of BWX Technologies from $106.00 to $114.00 and gave the company a “hold” rating in a research note on Tuesday, January 14th. Barclays increased their price target on BWX Technologies from $90.00 to $105.00 and gave the stock an “underweight” rating in a research note on Monday, December 16th. Finally, Deutsche Bank Aktiengesellschaft boosted 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 research analyst has rated the stock with a sell rating, two have given a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus 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.