Curtiss-Wright Co. (NYSE:CW) Shares Purchased by Victory Capital Management Inc.

Victory Capital Management Inc. lifted its stake in Curtiss-Wright Co. (NYSE:CW) by 20.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 37,264 shares of the aerospace company’s stock after purchasing an additional 6,368 shares during the period. Victory Capital Management Inc. owned approximately 0.10% of Curtiss-Wright worth $12,248,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in CW. Vanguard Group Inc. lifted its stake in shares of Curtiss-Wright by 0.5% in the first quarter. Vanguard Group Inc. now owns 3,657,854 shares of the aerospace company’s stock valued at $936,191,000 after purchasing an additional 18,939 shares during the period. CANADA LIFE ASSURANCE Co increased its holdings in Curtiss-Wright by 1.3% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 23,598 shares of the aerospace company’s stock valued at $6,047,000 after acquiring an additional 311 shares in the last quarter. Vident Advisory LLC increased its holdings in Curtiss-Wright by 809.2% during the 1st quarter. Vident Advisory LLC now owns 11,819 shares of the aerospace company’s stock valued at $3,025,000 after acquiring an additional 10,519 shares in the last quarter. 1832 Asset Management L.P. grew its holdings in shares of Curtiss-Wright by 4,028.8% during the first quarter. 1832 Asset Management L.P. now owns 7,019 shares of the aerospace company’s stock worth $1,796,000 after buying an additional 6,849 shares in the last quarter. Finally, Epoch Investment Partners Inc. grew its holdings in Curtiss-Wright by 70.9% in the first quarter. Epoch Investment Partners Inc. now owns 202,261 shares of the aerospace company’s stock valued at $51,767,000 after purchasing an additional 83,882 shares during the period. Institutional investors and hedge funds own 82.71% of the company’s stock.

Insider Transactions at Curtiss-Wright

In other news, VP John C. Watts sold 412 shares of the business’s stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $359.55, for a total value of $148,134.60. Following the sale, the vice president now owns 4,183 shares in the company, valued at approximately $1,503,997.65. The trade was a 8.97 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.55% of the stock is currently owned by corporate insiders.

Curtiss-Wright Price Performance

Shares of CW opened at $361.24 on Thursday. The firm has a market cap of $13.71 billion, a PE ratio of 34.18 and a beta of 1.17. The firm’s 50 day moving average price is $346.40 and its 200 day moving average price is $305.73. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.39 and a current ratio of 1.98. Curtiss-Wright Co. has a twelve month low of $209.01 and a twelve month high of $393.40.

Curtiss-Wright Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 3rd. Stockholders of record on Friday, November 22nd will be paid a $0.21 dividend. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $0.84 annualized dividend and a dividend yield of 0.23%. Curtiss-Wright’s payout ratio is 7.95%.

Analyst Ratings Changes

A number of research analysts have weighed in on CW shares. Stifel Nicolaus cut shares of Curtiss-Wright from a “buy” rating to a “hold” rating and set a $370.00 price target on the stock. in a research report on Monday. Morgan Stanley boosted their target price on shares of Curtiss-Wright from $334.00 to $395.00 and gave the company an “overweight” rating in a research note on Tuesday, November 5th. Robert W. Baird upped their price target on shares of Curtiss-Wright from $300.00 to $312.00 and gave the stock an “outperform” rating in a research report on Friday, August 9th. 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 report on Friday, November 1st. Finally, StockNews.com lowered shares of Curtiss-Wright from a “strong-buy” rating to a “buy” rating in a research report on Monday, September 23rd. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Curtiss-Wright has an average rating of “Moderate Buy” and a consensus price target of $364.40.

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.