BWX Technologies (BWXT) Price Target Updated by Deutsche Bank

BWX Technologies, Inc. (NYSE:BWXT) is included among the 12 Best Nuclear Power Dividend Stocks to Buy Now.

BWX Technologies, Inc. (NYSE:BWXT) is a leading supplier of nuclear components and fuel to the US government. The company specializes in manufacturing precision naval nuclear components, reactors, and fuel.

BWX Technologies, Inc. (NYSE:BWXT) received a boost last week after Deutsche Bank increased the stock’s price target from $159 to $180, while reiterating a ‘Hold’ rating on its shares. The update comes as part of the analyst’s Q3 earnings preview for the aerospace and defense group, as it remains bullish on the sector.

BWX Technologies, Inc. (NYSE:BWXT) continues to profit from the Trump administration’s aggressive focus on nuclear self-sufficiency and revealed last month that it has been awarded a $1.6 billion contract by the Department of Energy to support the national security mission of establishing a supply of high-purity depleted uranium.

Moreover, BWX Technologies, Inc. (NYSE:BWXT)’s radiopharma business also makes it an attractive option for investors, as according to William Blair analyst Jed Dorsheimer, ‘the success of Novartis’ Pluvicto has brought attention to the sector and highlighted the lack of supplier scale for the critical isotopes’.

BWX Technologies, Inc. (NYSE:BWXT) raised its dividend by 4.2% earlier this year to $1 per share annualized and has an annual dividend yield of 0.51% as of the writing of this article.

Artisan Partners, an investment management company, stated the following about BWX Technologies, Inc. (NYSE:BWXT) in its second quarter 2025 investor letter:

“During the quarter, we initiated new GardenSM positions in RBC Bearings, BWX Technologies, Inc. (NYSE:BWXT) and Duolingo. BWX Technologies designs and manufactures nuclear reactor vessels and components for the US Navy and commercial markets. It has the only Nuclear Regulatory Commission Category 1-licensed facilities permitted to handle, store and process highly enriched uranium in the US. This exclusivity gives it a dominant position across both business segments. It maintains a monopoly on nuclear reactors and fuel for US submarines and aircraft carriers, and it offers a differentiated portfolio of heavy nuclear components. The build schedule for US Navy submarines and aircraft carriers provides long-term visible growth, which we expect to be enhanced by upcoming investments by Canada into refurbishing, expanding and building nuclear power plants. In addition, the Trump administration’s stated desire to accelerate US nuclear energy development could become a catalyst for growth.”

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Disclosure: None.