Epoch Investment Partners Inc. Increases Stock Holdings in Curtiss-Wright Co. (NYSE:CW)

Epoch Investment Partners Inc. boosted its position in shares of Curtiss-Wright Co. (NYSE:CW) by 0.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 203,886 shares of the aerospace company’s stock after acquiring an additional 1,625 shares during the period. Epoch Investment Partners Inc. owned 0.53% of Curtiss-Wright worth $55,249,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Versant Capital Management Inc raised its holdings in shares of Curtiss-Wright by 5,050.0% in the 2nd quarter. Versant Capital Management Inc now owns 103 shares of the aerospace company’s stock valued at $28,000 after acquiring an additional 101 shares in the last quarter. GPS Wealth Strategies Group LLC purchased a new stake in Curtiss-Wright in the second quarter valued at approximately $30,000. EverSource Wealth Advisors LLC raised its stake in Curtiss-Wright by 1,933.3% in the first quarter. EverSource Wealth Advisors LLC now owns 122 shares of the aerospace company’s stock valued at $31,000 after purchasing an additional 116 shares in the last quarter. Creekmur Asset Management LLC bought a new stake in Curtiss-Wright during the fourth quarter valued at approximately $32,000. Finally, Daiwa Securities Group Inc. purchased a new position in Curtiss-Wright in the 2nd quarter worth approximately $73,000. Institutional investors own 82.71% of the company’s stock.

Curtiss-Wright Price Performance

Shares of Curtiss-Wright stock opened at $328.50 on Monday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.42 and a current ratio of 2.05. Curtiss-Wright Co. has a 52-week low of $190.64 and a 52-week high of $328.83. The company has a fifty day moving average of $296.25 and a 200-day moving average of $275.67. The stock has a market capitalization of $12.58 billion, a price-to-earnings ratio of 33.83 and a beta of 1.18.

Curtiss-Wright (NYSE:CW) last posted its quarterly earnings results on Wednesday, August 7th. The aerospace company reported $2.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.24 by $0.43. The business had revenue of $785.00 million during the quarter, compared to analyst estimates of $735.82 million. Curtiss-Wright had a net margin of 13.05% and a return on equity of 17.07%. The company’s revenue was up 11.4% on a year-over-year basis. During the same period in the prior year, the business posted $2.15 earnings per share. Equities research analysts expect that Curtiss-Wright Co. will post 10.55 EPS for the current year.

Curtiss-Wright Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, October 11th. Shareholders of record on Friday, September 27th will be paid a $0.21 dividend. The ex-dividend date is Friday, September 27th. This represents a $0.84 dividend on an annualized basis and a yield of 0.26%. Curtiss-Wright’s dividend payout ratio (DPR) is currently 8.65%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. StockNews.com upgraded shares of Curtiss-Wright from a “buy” rating to a “strong-buy” rating in a research report on Thursday, September 12th. Robert W. Baird raised their price target on Curtiss-Wright from $300.00 to $312.00 and gave the company an “outperform” rating in a research report on Friday, August 9th. Finally, Stifel Nicolaus upped their price objective on Curtiss-Wright from $310.00 to $318.00 and gave the stock a “buy” rating in a report on Thursday, July 18th. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Curtiss-Wright presently has a consensus rating of “Buy” and an average target price of $307.50.

Insider Buying and Selling at Curtiss-Wright

In other news, Director Glenda J. Minor sold 500 shares of the firm’s stock in a transaction that occurred on Friday, August 16th. The shares were sold at an average price of $302.80, for a total value of $151,400.00. Following the transaction, the director now owns 1,382 shares in the company, valued at $418,469.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last 90 days, insiders purchased 120 shares of company stock worth $27,914. 0.67% of the stock is currently owned by insiders.

Curtiss-Wright 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.