Recent Insider Transactions Derivative • May 14
President notifies of intention to sell stock Rex Geveden intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 12th of May. If the sale is conducted around the recent share price of US$205, it would amount to US$2.0m. For the year to December 2019, Rex's total compensation was 7% salary and 93% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2025, Rex's direct individual holding has increased from 197.59k shares to 212.49k. Company insiders have collectively sold US$14m more than they bought, via options and on-market transactions in the last 12 months. 속보 • May 13
BWX Technologies Expands SMR Capacity 50% and Targets PCG Acquisition Completion This Year BWX Technologies is being highlighted as a key nuclear power supplier focused on small and medium reactors (SMRs), operating what is described as the only large nuclear manufacturing facility in North America.
The company is expanding its SMR production capacity by 50% in response to reported strong demand for these reactors.
BWX Technologies has agreed to acquire PCG, with the deal targeted to close in the second half of the year.
A 50% capacity expansion, combined with control over SMR reactor supply, points to a company that is positioning itself at the center of growing interest in smaller-scale nuclear solutions.
The pending PCG acquisition adds another layer of execution risk and integration work, so it may be useful to monitor closing timelines and any updates on how the acquired operations will be folded into the existing business. Declared Dividend • May 07
First quarter dividend of US$0.27 announced Shareholders will receive a dividend of US$0.27. Ex-date: 19th May 2026 Payment date: 5th June 2026 Dividend yield will be 0.5%, which is lower than the industry average of 2.0%. Payout Ratios Payout ratio: 27%. Cash payout ratio: 30%. Reported Earnings • May 07
First quarter 2026 earnings: EPS and revenues exceed analyst expectations First quarter 2026 results: EPS: US$0.99 (up from US$0.82 in 1Q 2025). Revenue: US$860.2m (up 26% from 1Q 2025). Net income: US$91.1m (up 21% from 1Q 2025). Profit margin: 11% (in line with 1Q 2025). Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) also surpassed analyst estimates by 9.8%. Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth. 공시 • Apr 21
BWX Technologies, Inc. (NYSE:BWXT) entered into a definitive agreement to acquire Precision Components Group, LLC. BWX Technologies, Inc. (NYSE:BWXT) entered into a definitive agreement to acquire Precision Components Group, LLC on April 20, 2026. The acquisition includes Precision Components Group, LLC’s subsidiaries, Precision Custom Components and DC Fabricators. Precision Components Group will join BWXT’s Commercial Operations segment and continue operating at its current facilities. The acquisition adds more than 500,000 square feet of U.S. heavy-manufacturing capacity, including large-envelope machining, heavy weldments, pressure vessels, heat exchangers and ASME-certified component fabrication, and a skilled workforce of over 400 employees.
For the period ending December 31, 2025, Precision Components Group, LLC reported total revenue of $125 million.
The transaction is expected to close during the second half of 2026, subject to required regulatory approvals and customary closing conditions. 공시 • Apr 06
BWX Technologies, Inc. to Report Q1, 2026 Results on May 04, 2026 BWX Technologies, Inc. announced that they will report Q1, 2026 results After-Market on May 04, 2026 공시 • Mar 19
BWX Technologies, Inc., Annual General Meeting, Apr 30, 2026 BWX Technologies, Inc., Annual General Meeting, Apr 30, 2026. Recent Insider Transactions • Mar 11
Insider recently sold US$289k worth of stock On the 2nd of March, Kevin Gorman sold around 1k shares on-market at roughly US$215 per share. This transaction amounted to 92% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$414k. Insiders have been net sellers, collectively disposing of US$5.7m more than they bought in the last 12 months. Recent Insider Transactions Derivative • Mar 06
President exercised options and sold US$5.4m worth of stock On the 28th of February, Rex Geveden exercised options to acquire 26k shares at no cost and sold these for an average price of US$207 per share. This trade did not impact their existing holding. For the year to December 2019, Rex's total compensation was 12% salary and 88% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2025, Rex's direct individual holding has decreased from 261.77k shares to 212.49k. Company insiders have collectively sold US$14m more than they bought, via options and on-market transactions in the last 12 months. Declared Dividend • Feb 26
Fourth quarter dividend increased to US$0.27 Dividend of US$0.27 is 8.0% higher than last year. Ex-date: 11th March 2026 Payment date: 27th March 2026 Dividend yield will be 0.5%, which is lower than the industry average of 2.0%. Payout Ratios Payout ratio: 28%. Cash payout ratio: 33%. Reported Earnings • Feb 24
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: EPS: US$3.59 (up from US$3.08 in FY 2024). Revenue: US$3.20b (up 18% from FY 2024). Net income: US$328.9m (up 17% from FY 2024). Profit margin: 10% (in line with FY 2024). Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 1.6%. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth. 공시 • Feb 20
BWX Technologies, Inc. Appoints Dan Jablonsky to Its Board of Directors and Audit and Finance Committee, Effective March 2, 2026 BWX Technologies, Inc. announced that Dan Jablonsky has been appointed to its board of directors effective March 2, 2026. He will also serve on the board’s audit and finance committee. Jablonsky most recently served as chief executive officer and chairman of Ursa Major, a leading provider of advanced propulsion systems for space and defense applications. He has held senior leadership roles in the aerospace and defense industry for more than a decade. Prior to Ursa Major, Jablonsky served as president and chief executive officer of Maxar Technologies, where he led the NYSE-listed company through a comprehensive turnaround and growth strategy, culminating in a $6.4 billion take-private acquisition by Advent International. Prior to that, he was general counsel and then president of DigitalGlobe. Jablonsky began his career as a surface warfare officer and nuclear engineer in the U.S. Navy before transitioning to law practice. Jablonsky holds a bachelor’s degree in mechanical engineering from the United States Naval Academy, graduated from the Navy Nuclear Power School and earned a Juris Doctor from the University of Washington School of Law. Recent Insider Transactions Derivative • Feb 13
President notifies of intention to sell stock Rex Geveden intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 12th of February. If the sale is conducted around the recent share price of US$203, it would amount to US$2.0m. For the year to December 2019, Rex's total compensation was 12% salary and 88% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2025, Rex's direct individual holding has decreased from 261.77k shares to 187.59k. Company insiders have collectively sold US$17m more than they bought, via options and on-market transactions in the last 12 months. 공시 • Feb 05
BWX Technologies, Inc. Announces Executive Changes BWX Technologies, Inc. has named Kurt Bender senior vice president and chief digital officer effective February 5, 2026. In this role, Kurt will be responsible for BWXT’s integrated digital strategy supporting global operations in the U.S., Canada and the United Kingdom. Bender most recently served as BWXT’s vice president of IT applications, quality and continuous improvement where he led the modernization of core systems and AI technologies, cybersecurity and established governance frameworks within the business. Prior to joining BWXT, he spent more than 22 years driving digital transformation across leading aerospace, defense and technology companies, including L3Harris Technologies and BAE Systems. Bender succeeds Omar Meguid, BWXT’s first chief digital officer, appointed in 2023. Omar Meguid was instrumental in building and executing BWXT's digital strategy over the past three years. 공시 • Jan 26
BWX Technologies, Inc. Launches New Era of Domestic Uranium Enrichment for National Security in Oak Ridge, Tennessee BWX Technologies, Inc. announced the opening of its Centrifuge Manufacturing Development Facility (CMDF) in Oak Ridge, Tennessee, marking a major milestone in the company's efforts to reestablish a fully domestic uranium enrichment capability in support of U.S. national security priorities. In September, the Department of Energy's National Nuclear Security Administration (NNSA) awarded BWXT a contract valued at $1.5 billion for a comprehensive program that supports the NNSA's strategy to ensure a secure and reliable supply of enriched uranium for defense fuel needs. The CMDF is a key element of that program. The CMDF serves as BWXT's primary hub for the design, engineering, fabrication and testing of advanced gas centrifuge machines. The facility features precision manufacturing space, in-house quality assurance and testing capabilities and specialized infrastructure to support future centrifuge production. It will accelerate the transition of centrifuge technology from development to production readiness and aligns with national priorities for energy security, defense readiness and advanced manufacturing. Located in Oak Ridge, a community with deep nuclear expertise, the facility builds on BWXT's longstanding role in supporting U.S. defense, energy and space programs. Approximately 100 highly skilled professionals are currently working in support of the CMDF and project activities, with plans to expand the workforce as manufacturing activities scale. The opening of the CMDF represents a key milestone in BWXT's broader strategy to establish a secure, domestic uranium enrichment supply chain and reinforces the company's commitment to U.S. national security and technological leadership. 공시 • Jan 16
BWX Technologies, Inc. to Report Q4, 2025 Results on Feb 23, 2026 BWX Technologies, Inc. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Feb 23, 2026 공시 • Dec 03
BWX Technologies, Inc. Delivers Full Core of TRISO Nuclear Fuel for Project Pele Microreactor BWX Technologies, Inc. joined with Idaho National Laboratory, the U.S. Army and the Department of War Strategic Capabilities Office to announce the arrival at INL of TRISO nuclear fuel for the Project Pele microreactor. The full Pele prototype will be tested at INL. The BWXT team prepares to ship the TRISO fuel for Project Pele to Idaho National Lab. BWXT's experience with TRISO fuel fabrication stretches back to the early 2000s and work with INL and DOE to manufacture radiation-tested uranium oxycarbide TRISO fuel for the Advanced Gas Reactor (AGR) Program. Project Pele is the pathfinder for advanced micro reactors and is focused on designing, building and testing a 1.5-megawatt transportable power system. Pele is a Generation IV high-temperature gas-cooled reactor utilizing an innovative design and mature, proven materials and technologies. The entire system is designed to fit into four standard-sized shipping containers. The fuel, called tri-structural isotropic (TRISO) particle fuel, is composed of uranium, carbon and oxygen, which are formed into a small kernel. This kernel is coated in multiple ceramic layers--including silicon carbide--that make it extremely durable under high heat, radiation, and corrosive conditions. Thousands of these poised seed-sized particles are combined into compact fuel forms used in advanced reactors like the one being developed under Project Pele. BWXT manufactured and shipped the fuel from its facilities in Lynchburg. The company's Specialty Fuels Fabrication Group has more than 20 years of experience in the design and manufacturing of TRISO fuel for government applications. BWXT is collaborating with Rolls-Royce LibertyWorks, Northrop Grumman and Torch Technologies on the full-system components, including thermal and power conversion modules and instrument and control systems. BWXT cautions that this release contains forward-looking statements, including, without limitation statements relating to the performance, design, suitability and impact of microreactor technology and TRISO nuclear fuel production and capabilities. These forward-looking statements involve a number of risks and uncertainties, including, among other things, the timing of technology development; ability to obtain the necessary regulatory approvals, licenses and permits in a timely manner. Recent Insider Transactions Derivative • Nov 13
President notifies of intention to sell stock Rex Geveden intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 12th of November. If the sale is conducted around the recent share price of US$198, it would amount to US$2.0m. For the year to December 2018, Rex's total compensation was 12% salary and 88% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2025, Rex's direct individual holding has decreased from 261.77k shares to 197.59k. Company insiders have collectively sold US$17m more than they bought, via options and on-market transactions in the last 12 months. 공시 • Nov 07
Bwx Technologies, Inc. Names Toby Smith as Senior Vice President and General Counsel BWX Technologies, Inc. announced that Toby Smith has been named senior vice president and general counsel. Smith will serve as the organization’s chief legal advisor, overseeing all legal, regulatory and compliance matters across the enterprise. He replaces Ronald (Chip) Whitford, who is anticipated to remain in an advisory capacity with BWXT until early 2026. Smith has more than 20 years of experience in law, including in-house counsel for the former United Technologies Corporation (now RTX Corporation) and Otis Worldwide Corporation, as well as outside litigation counsel. Most recently, as senior vice president and corporate secretary at Otis, Smith oversaw compliance with Securities and Exchange Commission and New York Stock Exchange regulations, managed all aspects of corporate governance, and led the company’s corporate sustainability and internal audit functions. Prior to his role at Otis, Smith served in senior legal roles within the former United Technologies Corporation in international trade compliance and as division general counsel. He joined United Technologies after spending six years as a litigation associate for Hogan & Hartson, LLP. Declared Dividend • Nov 06
Third quarter dividend of US$0.25 announced Shareholders will receive a dividend of US$0.25. Ex-date: 19th November 2025 Payment date: 10th December 2025 Dividend yield will be 0.5%, which is lower than the industry average of 2.0%. Payout Ratios Payout ratio: 30%. Cash payout ratio: 20%. 공시 • Nov 05
BWX Technologies, Inc. Announces Step Down of Ronald O. Whitford, Jr. as Senior Vice President and General Counsel, Chief Compliance Officer, Corporate Secretary and Executive Officer , Effective November 4, 2025 On November 4, 2025, BWX Technologies, Inc. announced that Ronald O. Whitford, Jr., Senior Vice President and General Counsel, Chief Compliance Officer and Corporate Secretary (“GC”), has stepped down from this role and as an executive officer of BWXT effective as of November 4, 2025. Mr. Whitford’s decision is not related to any legal issue or any disagreement with the Company or any matter relating to its operation, policies or practices. He is expected to remain employed with the Company in a non-executive role as Special Advisor to the Chief Executive Officer to assist with the transition of the GC role for a period of time (the “Transition Period”). The Company expects to appoint a successor within the coming week. Reported Earnings • Nov 04
Third quarter 2025 earnings: EPS and revenues exceed analyst expectations Third quarter 2025 results: EPS: US$0.90 (up from US$0.76 in 3Q 2024). Revenue: US$866.3m (up 29% from 3Q 2024). Net income: US$82.1m (up 18% from 3Q 2024). Profit margin: 9.5% (in line with 3Q 2024). Revenue exceeded analyst estimates by 7.7%. Earnings per share (EPS) also surpassed analyst estimates by 4.3%. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Nov 04
Price target increased by 7.2% to US$206 Up from US$192, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of US$216. Stock is up 80% over the past year. The company is forecast to post earnings per share of US$3.52 for next year compared to US$3.08 last year. Price Target Changed • Oct 15
Price target increased by 7.0% to US$203 Up from US$190, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of US$204. Stock is up 63% over the past year. The company is forecast to post earnings per share of US$3.52 for next year compared to US$3.08 last year. 공시 • Oct 03
BWX Technologies, Inc. to Report Q3, 2025 Results on Nov 03, 2025 BWX Technologies, Inc. announced that they will report Q3, 2025 results After-Market on Nov 03, 2025 Price Target Changed • Sep 25
Price target increased by 10% to US$190 Up from US$172, the current price target is an average from 11 analysts. New target price is 8.6% above last closing price of US$175. Stock is up 65% over the past year. The company is forecast to post earnings per share of US$3.53 for next year compared to US$3.08 last year. 공시 • Sep 08
BWX Technologies, Inc. Appoints Rik Geiersbach as Chief Strategy Officer BWX Technologies, Inc. announced that Rik Geiersbach has been named chief strategy officer, reporting directly to Rex Geveden, president and chief executive officer. Geiersbach most recently served as vice president of strategy and corporate development at The Boeing Company. At Boeing, Geiersbach orchestrated and drove the development and implementation of the $30 billion Defense, Space and Security business unit’s strategy, M&A, adjacency growth, and research and development investment portfolios. His 30-year career includes industry-leading innovation in corporate growth strategy, competitive assessments, and new market entry. Prior to his role at Boeing, he served as the corporate director of strategic alliances at Northrop Grumman. Geiersbach earned an MBA from the Anderson School of Management at the University of California, Los Angeles, and holds a bachelor’s degree in history from Harvard University. Recent Insider Transactions Derivative • Sep 05
Insider notifies of intention to sell stock Robert Duffy intends to sell 5k shares in the next 90 days after lodging an Intent To Sell Form on the 4th of September. If the sale is conducted around the recent share price of US$163, it would amount to US$744k. Since March 2025, Robert has owned 3.21k shares directly. Company insiders have collectively sold US$17m more than they bought, via options and on-market transactions in the last 12 months. Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to US$179, the stock trades at a forward P/E ratio of 47x. Average forward P/E is 22x in the Aerospace & Defense industry in the US. Total returns to shareholders of 239% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$112 per share. Recent Insider Transactions • Aug 10
President recently sold US$4.5m worth of stock On the 6th of August, Rex Geveden sold around 25k shares on-market at roughly US$179 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Rex has been a net seller over the last 12 months, reducing personal holdings by US$9.4m. Recent Insider Transactions Derivative • Aug 07
President notifies of intention to sell stock Rex Geveden intends to sell 25k shares in the next 90 days after lodging an Intent To Sell Form on the 6th of August. If the sale is conducted around the recent share price of US$179, it would amount to US$4.5m. For the year to December 2018, Rex's total compensation was 12% salary and 88% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2025, Rex has owned 261.77k shares directly. Company insiders have collectively sold US$12m more than they bought, via options and on-market transactions in the last 12 months. Reported Earnings • Aug 05
Second quarter 2025 earnings: EPS and revenues exceed analyst expectations Second quarter 2025 results: EPS: US$0.86 (up from US$0.80 in 2Q 2024). Revenue: US$764.0m (up 12% from 2Q 2024). Net income: US$78.4m (up 7.4% from 2Q 2024). Profit margin: 10% (in line with 2Q 2024). Revenue exceeded analyst estimates by 7.5%. Earnings per share (EPS) also surpassed analyst estimates by 9.4%. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth. 공시 • Aug 01
BWX Technologies, Inc. Appoints Mike T. Fitzgerald as Chief Financial Officer BWX Technologies, Inc. announced on July 31, 2025 that Mike T. Fitzgerald has been named Chief Financial Officer. Fitzgerald served as interim CFO since May 12, 2025. Fitzgerald joined BWXT in 2022 as vice president, finance and chief accounting officer, responsible for overseeing and reporting on the company’s day-to-day financial operations. He previously led MorganFranklin, LLC’s aerospace and defense practice as managing director and was an audit senior manager at Deloitte & Touche, LLP. In 2024, his financial leadership at BWXT was recognized with a rising star award from the Northern Virginia Technology Council. Before being named interim CFO, Fitzgerald served as BWXT’s chief accounting officer. 공시 • Jul 22
BWX Technologies, Inc. Fires Up Furnace for Advanced Nuclear Fuel BWX Technologies, Inc. announced that it reached a key milestone in its capability to manufacture an advanced form of TRISO nuclear fuel, representing the next generation of fuel for advanced reactors. TRISO fuel comprises carbon and silicon layers surrounding a uranium fuel kernel. The chemical vapor infiltration furnace at BWXT's Lynchburg Technology Center in Lynchburg, Virginia. The furnace is manufactured by AVS, Incorporated. The company's Advanced Technologies subsidiary recently completed the installation and testing of a chemical vapor infiltration furnace which solidifies the pre-forms that are filled with TRISO particles. The CVI furnace completes the equipment necessary to execute BWXT's Advanced Reactor Demonstration Program (ARDP) project with the Department of Energy. With the existing TRISO manufacturing line, a previously commissioned binder jet for additive manufacturing and a computed tomography scanner for non-destructive testing, BWXT can now load Uranium Nitride TRISO into additively manufactured fuel forms. The result is a nuclear fuel product comprising a higher mass of uranium per unit volume than traditional TRISO compacts. The new fuel is designed to be more cost-effective with a longer reactor lifespan, potentially reducing overall reactor system costs. BWXT's established TRISO manufacturing line currently produces Uranium Oxy Carbide (UCO) TRISO for Project Pele, the Department of Defense Strategic Capabilities Office demonstration microreactor program, as well as UN TRISO for the ARDP scope. BWXT is planning to ramp up TRISO manufacturing to support the BWXT Advanced Nuclear Reactor (BANR) program and meet the market demand of other TRISO users. The existing fuel manufacturing line, combined with these new capabilities, allows BWXT to manufacture diverse forms of TRISO particles (UN or UCO with varying layer thickness), traditional compacts, or chemically densified complex geometries filled with TRISO particles and the resulting digital twins to support fuel qualification efforts. Buy Or Sell Opportunity • Jul 03
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 60% to US$143. The fair value is estimated to be US$118, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 8.3% per annum. Earnings are also forecast to grow by 12% per annum over the same time period. 공시 • Jul 02
BWX Technologies, Inc. to Report Q2, 2025 Results on Aug 04, 2025 BWX Technologies, Inc. announced that they will report Q2, 2025 results After-Market on Aug 04, 2025 공시 • Jun 18
BWXT Announces Management Changes BWX Technologies, Inc. announced the appointment of Kevin M. McCoy as the company’s chief nuclear officer. In this role, McCoy will support the Department of Defense and Department of the Navy to accelerate the pace of Columbia and Virginia Class submarine production programs for the U.S. Navy. Joe Miller to president of Government Operations; and Kate Kelly to president, Advanced Technologies. Since 2022, McCoy has served as president of BWXT’s Government Operations segment where he was responsible for overseeing BWXT’s Nuclear Operations and Technical Services Groups and its subsidiary Advanced Technologies, LLC. McCoy has over 40 years of leadership experience in shipyard operations, nuclear industrial operations and senior engineering positions in the U.S. Navy and private sector. He served as chief engineer of the U.S. Navy from 2005 to 2008 and as commander of the Naval Sea Systems Command (NAVSEA) from 2008 to 2013. He retired with the rank of Vice Admiral. Before joining BWXT, McCoy served as president of Irving Shipbuilding Inc. in Nova Scotia, Canada, from 2013 to 2021. With extensive shipbuilding and ship repair related experience, McCoy’s accomplishments include the design, procurement, construction oversight, maintenance, modernization and engineering support of the U.S. Navy’s fleet of submarines, surface ships, aircraft carriers and weapon systems. He served in leadership positions in five of the U.S. Navy’s nuclear shipyards and commanded the Portsmouth Naval Shipyard from 2001 to 2004. With McCoy’s new role, BWXT is also making the following leadership announcements: Joseph K. Miller succeeds McCoy as president of Government Operations. Since 2021, Miller has served as president of BWXT Advanced Technologies. Under Miller’s leadership, Advanced Technologies achieved 10x growth in program content and successfully contracted two federally funded prototype programs for advanced nuclear microreactors. Miller joined BWXT in 2011 as an engineer working on advanced commercial energy solutions, had advanced into managerial roles by 2013, became the program manager for advanced nuclear applications in 2017, and general manager of Advanced Technologies in 2020. Before joining BWXT, he was a mechanical test engineer for new construction of Virginia-class submarines at Newport News Shipbuilding and a semiconductor equipment engineer at Samsung Austin Semiconductor. Miller began his career serving in the U.S. Navy onboard the USS Norfolk (SSN 714). Miller holds a master’s degree in radiation health physics from Oregon State University and a bachelor’s degree in nuclear engineering from Thomas Edison State College. He serves on the Central Virginia Community College Educational Foundation Board, the Nuclear Energy Maritime Organization Ltd. Board and the Oregon State University Nuclear Science and Engineering Advisory Board. Katherine (Kate) Haggerty Kelly succeeds Miller as president of BWXT Advanced Technologies. Kelly has been the director for space and emerging programs of Advanced Technologies since 2022, leading the strategy and execution of the space and advanced manufacturing portfolio. Before her current position, Kelly was the advanced nuclear systems program manager, focused on developing nuclear projects to promote the company’s R&D interests in advanced manufacturing and nuclear thermal propulsion technologies. She also held project management, quality control and operational excellence positions within BWXT’s Nuclear Operations Group in Lynchburg, Virginia. She joined the company in 2012 as a system design engineer on a small modular reactor program. Kelly received the Women in Aerospace Initiative-Inspiration-Impact Award for her contributions to the space nuclear industry and her advocacy for promoting people in aerospace. She earned a bachelor’s degree in chemical engineering from the University of Notre Dame and has Lean Six Sigma Black Belt and Project Management Professional® certifications. Buy Or Sell Opportunity • Jun 11
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 40% to US$136. The fair value is estimated to be US$112, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 8.3% per annum. Earnings are also forecast to grow by 12% per annum over the same time period. Valuation Update With 7 Day Price Move • May 28
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to US$127, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 22x in the Aerospace & Defense industry in the US. Total returns to shareholders of 161% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$114 per share. 공시 • May 21
BWX Technologies, Inc. (NYSE : BWXT) completed the acquisition of Kinectrics Inc. BWX Technologies, Inc. (NYSE : BWXT) entered into an agreement to acquire Kinectrics Inc. for approximately CAD 780 million on December 27, 2024. The total consideration is approximately CAD 782.7 million, including assumption of Kinectrics’ net pension and debt liabilities, and estimated transaction expenses. Following the close, Kinectrics will operate as a BWXT subsidiary, and its financial results will be reported within BWXT’s Commercial Operations segment. David Harris, President & CEO of Kinectrics, will continue to lead the organization and will report to John MacQuarrie, President of BWXT Commercial Operations. The deal is subject to regulatory and other approvals. The acquisition is targeted to close in the middle of 2025 and is expected to be modestly accretive to BWXT’s earnings, excluding purchase accounting and other one-time costs. J.P. Morgan Securities LLC acted as exclusive financial advisor to BWX Technologies, Inc.
BWX Technologies, Inc. (NYSE : BWXT) completed the acquisition of Kinectrics Inc. on May 20, 2025. Declared Dividend • May 08
First quarter dividend of US$0.25 announced Shareholders will receive a dividend of US$0.25. Ex-date: 19th May 2025 Payment date: 5th June 2025 Dividend yield will be 0.9%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 9.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 13% over the next year, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 06
First quarter 2025 earnings: EPS and revenues exceed analyst expectations First quarter 2025 results: EPS: US$0.82 (up from US$0.75 in 1Q 2024). Revenue: US$682.3m (up 13% from 1Q 2024). Net income: US$75.5m (up 10% from 1Q 2024). Profit margin: 11% (in line with 1Q 2024). Revenue exceeded analyst estimates by 5.6%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings. 공시 • Apr 04
BWX Technologies, Inc. to Report Q1, 2025 Results on May 05, 2025 BWX Technologies, Inc. announced that they will report Q1, 2025 results at 4:00 PM, US Eastern Standard Time on May 05, 2025 Buy Or Sell Opportunity • Apr 03
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 16% to US$95.42. The fair value is estimated to be US$125, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.9% over the last 3 years. Earnings per share has declined by 4.1%. For the next 3 years, revenue is forecast to grow by 9.4% per annum. Earnings are also forecast to grow by 17% per annum over the same time period. Recent Insider Transactions • Mar 03
President recently sold US$4.9m worth of stock On the 26th of February, Rex Geveden sold around 46k shares on-market at roughly US$107 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Rex's only on-market trade for the last 12 months. Declared Dividend • Feb 27
Fourth quarter dividend increased to US$0.25 Dividend of US$0.25 is 4.2% higher than last year. Ex-date: 11th March 2025 Payment date: 28th March 2025 Dividend yield will be 0.9%, which is lower than the industry average of 2.0%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 9.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 48% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Recent Insider Transactions Derivative • Feb 25
President exercised options and sold US$3.4m worth of stock On the 21st of February, Rex Geveden exercised options to acquire 32k shares at no cost and sold these for an average price of US$105 per share. This trade did not impact their existing holding. For the year to December 2018, Rex's total compensation was 14% salary and 86% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2024, Rex's direct individual holding has decreased from 235.80k shares to 223.86k. Company insiders have collectively sold US$5.8m more than they bought, via options and on-market transactions in the last 12 months. Buy Or Sell Opportunity • Jan 21
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 3.1% to US$127. The fair value is estimated to be US$103, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Earnings per share has declined by 4.0%. For the next 3 years, revenue is forecast to grow by 6.7% per annum. Earnings are also forecast to grow by 10% per annum over the same time period. 공시 • Jan 17
BWX Technologies, Inc. to Report Q4, 2024 Results on Feb 24, 2025 BWX Technologies, Inc. announced that they will report Q4, 2024 results After-Market on Feb 24, 2025 공시 • Jan 08
BWX Technologies, Inc. (NYSE:BWXT) entered into an agreement to acquire Kinectrics Inc. BWX Technologies, Inc. (NYSE:BWXT) entered into an agreement to acquire Kinectrics Inc. on January 7, 2025. BWX Technologies to acquire Kinectrics, Inc. for approximately $530 million, including assumption of Kinectrics’ net pension and debt liabilities, and estimated transaction expenses. Kinectrics is expected to generate revenue of approximately $300 million in 2024 in two core business areas: commercial power services and nuclear medicine. Following the close, Kinectrics will operate as a BWXT subsidiary, and its financial results will be reported within BWXT’s Commercial Operations segment. David Harris, President & CEO of Kinectrics, will continue to lead the organization and will report to John MacQuarrie, President of BWXT Commercial Operations. The acquisition is targeted to close in the middle of 2025 and is expected to be modestly accretive to BWXT’s earnings, excluding purchase accounting and other one-time costs. J.P. Morgan Securities LLC acted as exclusive financial advisor to BWX Technologies, Inc. (NYSE:BWXT). 
