
Assetmark Inc. Sells 9,295 Shares of BWX Technologies, Inc. $BWXT

Assetmark Inc. reduced its stake in BWX Technologies, Inc. by 27.2% in Q2, selling 9,295 shares, leaving it with 24,831 shares valued at $3,577,000. Other institutional investors also adjusted their holdings, with significant increases from Hantz Financial Services and National Bank of Canada FI. BWX Technologies reported a strong quarterly earnings performance, exceeding EPS estimates, and has set FY 2025 guidance at 3.750-3.800 EPS. Insider trading activity included CEO Rex D. Geveden selling 25,000 shares, reflecting a decrease in ownership.
Assetmark Inc. cut its holdings in BWX Technologies, Inc. (NYSE:BWXT - Free Report) by 27.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,831 shares of the technology company's stock after selling 9,295 shares during the period. Assetmark Inc.'s holdings in BWX Technologies were worth $3,577,000 at the end of the most recent quarter.
Get BWX Technologies alerts:
- Investors Flock to Uranium as Nuclear Renaissance Builds
Other institutional investors also recently modified their holdings of the company. Hantz Financial Services Inc. grew its holdings in shares of BWX Technologies by 861.9% in the second quarter. Hantz Financial Services Inc. now owns 202 shares of the technology company's stock valued at $29,000 after acquiring an additional 181 shares in the last quarter. Stone House Investment Management LLC bought a new position in shares of BWX Technologies in the first quarter valued at approximately $31,000. Compass Financial Services Inc bought a new position in shares of BWX Technologies in the first quarter valued at approximately $33,000. HHM Wealth Advisors LLC grew its holdings in shares of BWX Technologies by 34.5% in the first quarter. HHM Wealth Advisors LLC now owns 390 shares of the technology company's stock valued at $38,000 after acquiring an additional 100 shares in the last quarter. Finally, National Bank of Canada FI grew its holdings in shares of BWX Technologies by 369.7% in the first quarter. National Bank of Canada FI now owns 559 shares of the technology company's stock valued at $55,000 after acquiring an additional 440 shares in the last quarter. 94.39% of the stock is owned by institutional investors.
BWX Technologies Price Performance
BWX Technologies stock opened at $215.92 on Tuesday. BWX Technologies, Inc. has a one year low of $84.21 and a one year high of $218.50. The business has a fifty day moving average price of $184.84 and a 200-day moving average price of $153.13. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.69 and a quick ratio of 1.60. The firm has a market capitalization of $19.73 billion, a P/E ratio of 67.47, a PEG ratio of 4.24 and a beta of 0.78.
- Nuclear Reactors on the Moon? Why BWX Technologies Is Soaring
BWX Technologies (NYSE:BWXT - Get Free Report) last posted its quarterly earnings results on Monday, November 3rd. The technology company reported $1.00 EPS for the quarter, topping analysts' consensus estimates of $0.85 by $0.15. BWX Technologies had a return on equity of 30.61% and a net margin of 10.28%.During the same period last year, the company earned $0.83 earnings per share. The firm's quarterly revenue was up 28.9% compared to the same quarter last year. BWX Technologies has set its FY 2025 guidance at 3.750-3.800 EPS. As a group, equities research analysts forecast that BWX Technologies, Inc. will post 3.23 EPS for the current year.
Insider Buying and Selling
In other news, CEO Rex D. Geveden sold 25,000 shares of the firm's stock in a transaction on Wednesday, August 6th. The stock was sold at an average price of $179.00, for a total value of $4,475,000.00. Following the completion of the transaction, the chief executive officer directly owned 197,594 shares of the company's stock, valued at $35,369,326. This trade represents a 11.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Leland D. Melvin sold 600 shares of the stock in a transaction on Monday, August 11th. The stock was sold at an average price of $178.26, for a total value of $106,956.00. Following the completion of the sale, the director owned 5,579 shares in the company, valued at $994,512.54. This trade represents a 9.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 29,953 shares of company stock valued at $5,359,758 over the last three months. Insiders own 0.47% of the company's stock.
Analyst Ratings Changes
- Trump Orders Nuclear Overhaul: These 3 Stocks Stand to Benefit
BWXT has been the subject of several research reports. Bank of America increased their price objective on BWX Technologies from $155.00 to $220.00 and gave the company a "buy" rating in a report on Wednesday, August 13th. Wedbush reissued an "outperform" rating on shares of BWX Technologies in a report on Wednesday, October 1st. Northland Capmk raised BWX Technologies to a "strong-buy" rating in a report on Tuesday, September 9th. Maxim Group reissued a "hold" rating on shares of BWX Technologies in a report on Wednesday, August 6th. Finally, William Blair reissued an "outperform" rating on shares of BWX Technologies in a report on Wednesday, September 17th. Three analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $168.08.
Check Out Our Latest Analysis on BWXT
BWX Technologies Profile
(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; fabrication activities; and supplies proprietary and sole-source valves, manifolds, and fittings to naval and commercial shipping customers.
Featured Articles
- Five stocks we like better than BWX Technologies
- 3 Defense Stocks Set to Benefit From Increased Military Spending
- Semiconductor Supercycle: Why Onsemi Stock Could Double as AI and EV Growth Accelerate
- Which Wall Street Analysts are the Most Accurate?
- The Best Local Butchers for Thanksgiving [2025 Survey]
- Top Biotech Stocks: Exploring Innovation Opportunities
- $134M in Insider Moves: What It Might Mean for KMI, ISRG and QS
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Should You Invest $1,000 in BWX Technologies Right Now?
Before you consider BWX Technologies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BWX Technologies wasn't on the list.
While BWX Technologies currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
