Steward Partners Investment Advisory LLC Buys 46 Shares of Curtiss-Wright Co. (NYSE:CW)

Steward Partners Investment Advisory LLC raised its holdings in shares of Curtiss-Wright Co. (NYSE:CW) by 4.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,156 shares of the aerospace company’s stock after purchasing an additional 46 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in Curtiss-Wright were worth $410,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Assetmark Inc. increased its stake in shares of Curtiss-Wright by 9.8% during the third quarter. Assetmark Inc. now owns 5,829 shares of the aerospace company’s stock valued at $1,916,000 after buying an additional 519 shares during the period. Atria Investments Inc increased its stake in shares of Curtiss-Wright by 37.6% during the third quarter. Atria Investments Inc now owns 3,743 shares of the aerospace company’s stock valued at $1,230,000 after buying an additional 1,022 shares during the period. Crossmark Global Holdings Inc. increased its stake in shares of Curtiss-Wright by 44.3% during the third quarter. Crossmark Global Holdings Inc. now owns 3,612 shares of the aerospace company’s stock valued at $1,187,000 after buying an additional 1,109 shares during the period. Versor Investments LP purchased a new position in shares of Curtiss-Wright during the third quarter valued at $329,000. Finally, Victory Capital Management Inc. increased its stake in shares of Curtiss-Wright by 20.6% during the third quarter. Victory Capital Management Inc. now owns 37,264 shares of the aerospace company’s stock valued at $12,248,000 after buying an additional 6,368 shares during the period. 82.71% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have recently commented on CW. Truist Financial raised their price target on Curtiss-Wright from $333.00 to $357.00 and gave the company a “hold” rating in a research note on Tuesday, January 14th. Stifel Nicolaus lowered Curtiss-Wright from a “buy” rating to a “hold” rating and set a $370.00 target price on the stock. in a research note on Monday, November 18th. Deutsche Bank Aktiengesellschaft assumed coverage on Curtiss-Wright in a research note on Thursday, December 5th. They issued a “buy” rating and a $452.00 target price on the stock. Finally, Citigroup assumed coverage on Curtiss-Wright in a research note on Tuesday, January 21st. They issued a “buy” rating and a $410.00 target price on the stock. Two analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $386.86.

Insider Buying and Selling at Curtiss-Wright

In other news, VP John C. Watts sold 622 shares of the business’s stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $347.05, for a total value of $215,865.10. Following the completion of the sale, the vice president now directly owns 5,072 shares in the company, valued at $1,760,237.60. The trade was a 10.92 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO K Christopher Farkas sold 2,453 shares of the business’s stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $347.00, for a total value of $851,191.00. Following the completion of the sale, the chief financial officer now owns 12,712 shares of the company’s stock, valued at $4,411,064. This trade represents a 16.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders purchased 116 shares of company stock valued at $35,278 and sold 15,935 shares valued at $5,528,147. 0.67% of the stock is currently owned by corporate insiders.

Curtiss-Wright Trading Down 0.0 %

Curtiss-Wright stock opened at $314.08 on Friday. The company has a quick ratio of 1.19, a current ratio of 1.69 and a debt-to-equity ratio of 0.39. Curtiss-Wright Co. has a 52 week low of $238.81 and a 52 week high of $393.40. The company has a market capitalization of $11.83 billion, a price-to-earnings ratio of 29.77, a price-to-earnings-growth ratio of 2.48 and a beta of 1.15. The stock has a 50-day moving average price of $340.85 and a 200 day moving average price of $344.95.

Curtiss-Wright (NYSE:CW) last announced its quarterly earnings results on Wednesday, February 12th. The aerospace company reported $3.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.12 by $0.15. Curtiss-Wright had a return on equity of 17.11% and a net margin of 12.98%. Sell-side analysts anticipate that Curtiss-Wright Co. will post 12.32 EPS for the current year.

Curtiss-Wright Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, April 14th. Shareholders of record on Thursday, March 27th will be issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 0.27%. The ex-dividend date of this dividend is Thursday, March 27th. Curtiss-Wright’s payout ratio is presently 7.96%.

About Curtiss-Wright

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.