Silvercrest Asset Management Group 13F: Cuts BWXT Stake by $2.6M

Silvercrest Trims Stake in BWX Technologies

Silvercrest Asset Management Group trimmed its holdings in BWX Technologies, Inc. (NYSE:BWXT) during the period, cutting its stake by 5.0% according to its latest Form 13F filing with the Securities and Exchange Commission. The institutional investor sold 13,331 shares of the aerospace and defense company, leaving it with 251,218 shares.

Portfolio Adjustments for the Quarter

The reduction brought the total reported value of Silvercrest's position to about $49.7 million. Prior to the sale, the firm held 264,549 shares. Institutional filings like this one are backward-looking and reflect holdings as of the reporting period, meaning they may not represent the investor's current position today.

BWX Technologies Shares Trading Near $198

BWX Technologies shares recently changed hands at $197.91 on the New York Stock Exchange. The company has traded between a 52-week low of $144.33 and a 52-week high of $241.82. It carries a price-to-earnings ratio of 38.1 based on trailing results, alongside a forward P/E ratio of 28.0.

Recent Earnings and Dividend Profile

For its most recent reporting period, BWX Technologies posted $3.51 billion in revenue, representing an 18.0% growth rate. The firm achieved a net margin of 10.1% and a return on equity of 28.3%, with earnings per share landing at $3.87. The company's next scheduled earnings release is expected on November 2, 2026. Shareholders also receive an annual dividend of $1.06 per share, yielding 0.7% with a payout ratio of 26.9%.

Analysts Set New Price Targets

Wall Street firms have kept a close eye on the stock through the autumn months. On September 15, 2026, Guggenheim initiated coverage with a buy rating and a $192.00 target. Later in the month on September 30, 2026, Northland Capital Markets maintained an outperform rating with a $220.00 target, B of A Securities maintained a buy rating while adjusting its target from $250.00 to $210.00, Guggenheim reiterated a buy rating at $192.00, and BTIG reiterated a buy rating with a $235.00 target. BNP Paribas maintained a neutral rating on September 24, 2026, lowering its target from $190.00 to $165.00. Truist Securities maintained a hold rating on October 6, 2026, adjusting its target from $202.00 to $182.00, while JP Morgan maintained an overweight rating on October 13, 2026, moving its target from $230.00 to $190.00. Overall, the stock holds a consensus recommendation of buy from 16 analysts, who carry a mean price target of $223.63.

Inside BWX Technologies Operations

Headquartered in Lynchburg, Virginia, BWX Technologies manufactures precision nuclear components, naval nuclear reactors, and nuclear fuel for government and commercial customers. The company also produces medical radioisotopes and provides specialized engineering and lifecycle support services for nuclear facilities. This steady operational footprint underpins the industrial firm's role in supplying critical defense and energy infrastructure.

Looking Ahead After the Filing

Investors tracking Silvercrest will look to subsequent filings to see whether the firm continues to pare back its industrial holdings or stabilizes its position. The company's next earnings report in November will offer fresh visibility into its ongoing revenue growth and margin trends.