Curtiss-Wright Co. (NYSE:CW) Shares Bought by Curi RMB Capital LLC

Curi RMB Capital LLC raised its position in shares of Curtiss-Wright Co. (NYSE:CW) by 0.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 109,405 shares of the aerospace company’s stock after purchasing an additional 83 shares during the quarter. Curtiss-Wright accounts for 0.8% of Curi RMB Capital LLC’s portfolio, making the stock its 29th largest position. Curi RMB Capital LLC owned approximately 0.29% of Curtiss-Wright worth $35,960,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Assenagon Asset Management S.A. purchased a new position in shares of Curtiss-Wright during the 2nd quarter valued at about $41,383,000. Cetera Advisors LLC lifted its holdings in Curtiss-Wright by 178.7% in the first quarter. Cetera Advisors LLC now owns 3,974 shares of the aerospace company’s stock valued at $1,017,000 after acquiring an additional 2,548 shares during the period. Vanguard Group Inc. boosted its position in Curtiss-Wright by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 3,657,854 shares of the aerospace company’s stock worth $936,191,000 after purchasing an additional 18,939 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. grew its stake in shares of Curtiss-Wright by 30,079.2% during the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 302,396 shares of the aerospace company’s stock worth $81,943,000 after purchasing an additional 301,394 shares during the period. Finally, Magnetar Financial LLC purchased a new position in shares of Curtiss-Wright during the 2nd quarter valued at approximately $3,025,000. 82.71% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

CW has been the subject of a number of analyst reports. StockNews.com cut Curtiss-Wright from a “strong-buy” rating to a “buy” rating in a report on Monday, September 23rd. Alembic Global Advisors started coverage on Curtiss-Wright in a research note on Tuesday, October 29th. They set an “overweight” rating and a $412.00 target price for the company. Stifel Nicolaus lifted their price target on shares of Curtiss-Wright from $318.00 to $361.00 and gave the company a “buy” rating in a research note on Wednesday, October 16th. Truist Financial upped their price objective on shares of Curtiss-Wright from $304.00 to $333.00 and gave the stock a “hold” rating in a research report on Friday, November 1st. Finally, Morgan Stanley lifted their target price on shares of Curtiss-Wright from $334.00 to $395.00 and gave the company an “overweight” rating in a research report on Tuesday, November 5th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $362.60.

Curtiss-Wright Trading Down 0.1 %

Shares of CW opened at $385.42 on Thursday. Curtiss-Wright Co. has a 52-week low of $209.01 and a 52-week high of $393.40. The stock has a market cap of $14.63 billion, a PE ratio of 36.46 and a beta of 1.17. The firm’s fifty day moving average is $340.29 and its two-hundred day moving average is $302.26. The company has a quick ratio of 1.39, a current ratio of 1.98 and a debt-to-equity ratio of 0.39.

Curtiss-Wright Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 11th. Shareholders of record on Friday, September 27th were issued a $0.21 dividend. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.84 dividend on an annualized basis and a yield of 0.22%. Curtiss-Wright’s payout ratio is 7.95%.

Insiders Place Their Bets

In other Curtiss-Wright news, VP John C. Watts sold 412 shares of the company’s stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $359.55, for a total value of $148,134.60. Following the completion of the sale, the vice president now directly owns 4,183 shares in the company, valued at $1,503,997.65. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other Curtiss-Wright news, VP John C. Watts sold 412 shares of the business’s stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $359.55, for a total value of $148,134.60. Following the transaction, the vice president now directly owns 4,183 shares in the company, valued at $1,503,997.65. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Glenda J. Minor sold 500 shares of the firm’s stock in a transaction that occurred on Friday, August 16th. The stock was sold at an average price of $302.80, for a total transaction of $151,400.00. Following the sale, the director now owns 1,382 shares of the company’s stock, valued at $418,469.60. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.67% of the company’s stock.

Curtiss-Wright Company Profile

Curtiss-Wright Corporation, together with its subsidiaries, provides engineered products, solutions, and services mainly to aerospace and defense, commercial power, process, and industrial markets worldwide. It operates through three segments: Aerospace & Industrial, Defense Electronics, and Naval & Power.