William Blair Investment Management Reduces $25M in BWX Technologies, Inc. ($BWXT)

William Blair Investment Management has reduced its holdings in BWX Technologies, Inc. (NYSE:BWXT) by 125,818 shares. This change represents an 11.4% decrease in its stake, bringing its total holdings to 981,782 shares. As of the latest 13F filing, these shares are valued at approximately $195.5 million. The filing reflects positions as of the end of the most recent quarter.

What Changed in William Blair's BWX Technologies Position

William Blair cut its position in BWX Technologies from 1,107,600 shares to 981,782 shares, a reduction of 125,818 shares or 11.4%. The value of the holding now stands at about $195.5 million, according to the latest SEC filing.

Other Institutional Activity in BWX Technologies

Several other institutional investors have also made adjustments to their BWX Technologies holdings. BlackRock, Inc. increased its position by 247,420 shares, resulting in a total of 12,487,506 shares valued at approximately $2.55 billion. Vanguard Portfolio Management LLC added 4,891,237 shares, bringing its total to 4,891,237 shares worth about $1 billion. State Street Corp grew its holdings by 150,765 shares to a total of 3,748,950 shares, valued at around $766.6 million. Conversely, Invesco Ltd. trimmed its position by 45,585 shares, ending with 2,522,532 shares valued at $515.8 million.

BWX Technologies Stock Snapshot

Shares of BWX Technologies (NYSE:BWXT) are trading near $199.09. The company has a market capitalization of approximately $18.6 billion and a P/E ratio of 54.3. Its forward P/E is 39.1, indicating expected earnings growth. The stock's 52-week range is between $133.84 and $241.82. Its 50-day moving average is $208.74, while the 200-day moving average is $196.45. The current and quick ratios are 2.40 and 2.24, respectively, with a debt-to-equity ratio of 157.62.

Recent Earnings

BWX Technologies reported revenues of $3.38 billion, with a revenue growth of 26.1%. The company's net margin stands at 10.2%, and its return on equity is 29.0%. The next earnings report is scheduled for August 3, 2026.

Insider Buying and Selling at BWX Technologies, Inc.

Recent insider activity includes several purchases. On June 5, 2026, Melvin Leland, Nicole Weyerhaeuser Piasecki, James Jaska, Jan Bertsch, Daniel Jablonsky, and Gerhard Burbach collectively bought small amounts of shares, ranging from 1 to 36 shares each. These transactions were not part of a pre-arranged 10b5-1 plan.

Analysts Set New Price Targets

Deutsche Bank upgraded BWX Technologies to a 'buy' rating with a price target of $255 on May 15, 2026. Truist Securities maintained a 'hold' rating with a target of $212 on May 11, 2026. Wells Fargo initiated coverage with a 'sell' rating and a $200 target on April 1, 2026. The consensus recommendation is a 'buy', with an average target price of $238.27 based on 12 analyst opinions.

About BWX Technologies, Inc.

BWX Technologies, Inc., based in Lynchburg, Virginia, is a leader in the aerospace and defense industry. The company manufactures nuclear components and reactors, primarily for government and commercial applications. It operates in two main segments: Government Operations and Commercial Operations. BWX Technologies also provides nuclear fuel and components for defense applications, alongside engineering services and medical radioisotopes. The company is led by CEO Mr. Rex D. Geveden and employs approximately 10,400 people.

Bottom Line

William Blair's decision to reduce its stake in BWX Technologies by 11.4% highlights the dynamic nature of institutional investing. While the stock trades near its 52-week high, insider buying and recent analyst upgrades suggest varied sentiment. Investors often track these filings for insights, but it's essential to remember that 13F filings are backward-looking and may not reflect current positions.