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New York State Common Retirement Fund Purchases 2,067 Shares of BWX Technologies, Inc. (NYSE:BWXT)

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New York State Common Retirement Fund raised its stake in BWX Technologies, Inc. (NYSE:BWXTGet Rating) by 0.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 334,104 shares of the technology company’s stock after buying an additional 2,067 shares during the period. New York State Common Retirement Fund owned about 0.37% of BWX Technologies worth $17,995,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC acquired a new position in shares of BWX Technologies in the fourth quarter valued at approximately $4,922,000. State of New Jersey Common Pension Fund D boosted its position in shares of BWX Technologies by 12.0% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 54,685 shares of the technology company’s stock worth $2,618,000 after buying an additional 5,838 shares during the period. Vestmark Advisory Solutions Inc. boosted its position in shares of BWX Technologies by 3.1% in the fourth quarter. Vestmark Advisory Solutions Inc. now owns 8,402 shares of the technology company’s stock worth $402,000 after buying an additional 252 shares during the period. Qube Research & Technologies Ltd acquired a new stake in BWX Technologies during the fourth quarter valued at $10,258,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in BWX Technologies by 32.5% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 12,258 shares of the technology company’s stock valued at $587,000 after buying an additional 3,009 shares in the last quarter. Institutional investors own 97.26% of the company’s stock.

BWX Technologies Trading Down 0.0 %

BWX Technologies stock opened at $56.21 on Friday. The company has a debt-to-equity ratio of 1.97, a quick ratio of 1.94 and a current ratio of 1.94. The business’s 50-day simple moving average is $53.58 and its 200-day simple moving average is $51.59. The firm has a market capitalization of $5.13 billion, a PE ratio of 17.84, a PEG ratio of 2.82 and a beta of 0.77. BWX Technologies, Inc. has a 52 week low of $42.58 and a 52 week high of $62.53.

BWX Technologies (NYSE:BWXTGet Rating) last released its quarterly earnings data on Monday, May 9th. The technology company reported $0.69 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.03. BWX Technologies had a net margin of 13.88% and a return on equity of 43.72%. The business had revenue of $531.00 million during the quarter, compared to analysts’ expectations of $514.96 million. During the same quarter in the prior year, the company earned $0.73 EPS. The firm’s quarterly revenue was up .6% on a year-over-year basis. Equities research analysts forecast that BWX Technologies, Inc. will post 3.18 earnings per share for the current year.

BWX Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 8th. Investors of record on Friday, May 20th were paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 1.57%. The ex-dividend date of this dividend was Thursday, May 19th. BWX Technologies’s dividend payout ratio is presently 27.94%.

BWX Technologies Company Profile

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BWX Technologies, Inc manufactures and sells nuclear components in the United States, Canada, and internationally. It operates in three segments: Nuclear Operations Group, Nuclear Power Group, and Nuclear Services Group. The Nuclear Operations Group segment provides precision naval and critical nuclear components, reactors, nuclear fuel, and assemblies for the United States Department of Energy/National Nuclear Security Administration’s Naval Nuclear Propulsion Program and other uses; missile launch tubes for United States Navy submarines; close-tolerance and equipment for nuclear applications; and converts Cold War-era government stockpiles of high-enriched uranium, as well as receives, stores, characterizes, dissolves, recovers, and purifies uranium-bearing materials; supplies research reactor fuel elements for colleges, universities, and national laboratories; and components for defense applications.

Further Reading

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