Harvey Partners LLC Sells 46,000 Shares of BWX Technologies, Inc.

Hedge fund lowers stake in nuclear technology company

Mar. 16, 2026 at 11:21am

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Harvey Partners LLC, a hedge fund, has reduced its stake in BWX Technologies, Inc. (NYSE: BWXT) by selling 46,000 shares in the third quarter. The fund now owns 289,500 shares, or about 0.32% of the nuclear technology company's stock, valued at $53.375 million as of the most recent SEC filing.

Why it matters

The sale by Harvey Partners reflects a shift in the hedge fund's investment strategy for BWX Technologies, which provides nuclear components and services primarily to the U.S. government and commercial markets. The company's stock has seen strong performance over the past year, up nearly 100%, raising questions about its valuation.

The details

According to the SEC filing, Harvey Partners sold 46,000 shares of BWX Technologies, reducing its stake in the company by 13.7%. The hedge fund now holds 289,500 shares, or about 0.32% of the company's outstanding stock. BWX Technologies makes up 4.7% of Harvey Partners' investment portfolio, making it the fund's second-largest holding.

  • Harvey Partners LLC sold the 46,000 shares in the third quarter of the year.

The players

Harvey Partners LLC

A hedge fund that has reduced its stake in BWX Technologies, Inc.

BWX Technologies, Inc.

A specialized supplier of nuclear components and services, primarily serving the U.S. government and commercial markets.

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The takeaway

The sale by Harvey Partners reflects the broader market dynamics around BWX Technologies, with the stock's strong performance over the past year raising questions about its valuation. However, the company's nuclear technology and services continue to be in demand, particularly from the U.S. government, suggesting that the stock may still have room for further growth.