BWX Technologies, Inc. (NYSE:BWXT) is listed among the 12 Best Nuclear Power Dividend Stocks to Buy Now. Deutsche Bank recently updated the stock’s price target from $159 to $180, maintaining a ‘Hold’ rating due to a bullish outlook on the aerospace and defense sector.

The Trump administration’s nuclear focus benefits BWX Technologies, Inc. (NYSE:BWXT), which secured a $1.6 billion DOE contract for high-purity depleted uranium. The company’s radiopharma business adds investor appeal, with a 4.2% dividend increase this year and a 0.51% annual yield.

Artisan Partners highlighted BWX Technologies, Inc. (NYSE:BWXT) in its investor letter, noting the company’s exclusive NRC Category 1 license for handling highly enriched uranium. BWX designs nuclear components for the US Navy and commercial markets, maintaining a monopoly in submarine and aircraft carrier reactors and fuel supply.

Read more at Yahoo Finance: BWX Technologies (BWXT) Price Target Updated by Deutsche Bank