Curtiss-Wright Co. (NYSE:CW) Stake Lifted by Aptus Capital Advisors LLC

Aptus Capital Advisors LLC lifted its holdings in Curtiss-Wright Co. (NYSE:CW) by 21.6% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 22,139 shares of the aerospace company’s stock after purchasing an additional 3,936 shares during the quarter. Aptus Capital Advisors LLC owned 0.06% of Curtiss-Wright worth $7,277,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Versant Capital Management Inc grew its stake in shares of Curtiss-Wright by 5,050.0% in the second quarter. Versant Capital Management Inc now owns 103 shares of the aerospace company’s stock worth $28,000 after purchasing an additional 101 shares in the last quarter. GPS Wealth Strategies Group LLC bought a new position in Curtiss-Wright during the second quarter valued at about $30,000. EverSource Wealth Advisors LLC boosted its stake in Curtiss-Wright by 1,933.3% during the first quarter. EverSource Wealth Advisors LLC now owns 122 shares of the aerospace company’s stock valued at $31,000 after buying an additional 116 shares in the last quarter. Tsfg LLC boosted its stake in Curtiss-Wright by 191.4% during the third quarter. Tsfg LLC now owns 102 shares of the aerospace company’s stock valued at $34,000 after buying an additional 67 shares in the last quarter. Finally, UMB Bank n.a. boosted its stake in Curtiss-Wright by 303.8% during the third quarter. UMB Bank n.a. now owns 105 shares of the aerospace company’s stock valued at $35,000 after buying an additional 79 shares in the last quarter. Institutional investors own 82.71% of the company’s stock.

Curtiss-Wright Stock Down 1.0 %

CW opened at $385.74 on Wednesday. Curtiss-Wright Co. has a fifty-two week low of $208.01 and a fifty-two week high of $393.40. The business has a 50-day moving average of $338.64 and a 200-day moving average of $301.67. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.98 and a quick ratio of 1.39. The company has a market capitalization of $14.64 billion, a PE ratio of 36.49 and a beta of 1.17.

Curtiss-Wright Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, October 11th. Stockholders of record on Friday, September 27th were paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.22%. The ex-dividend date was Friday, September 27th. Curtiss-Wright’s dividend payout ratio (DPR) is presently 7.95%.

Analysts Set New Price Targets

CW has been the subject of several analyst reports. Stifel Nicolaus upped their target price on Curtiss-Wright from $318.00 to $361.00 and gave the company a “buy” rating in a report on Wednesday, October 16th. Robert W. Baird upped their target price on Curtiss-Wright from $300.00 to $312.00 and gave the company an “outperform” rating in a report on Friday, August 9th. Truist Financial increased their price objective on Curtiss-Wright from $304.00 to $333.00 and gave the stock a “hold” rating in a research note on Friday, November 1st. Alembic Global Advisors initiated coverage on Curtiss-Wright in a research note on Tuesday, October 29th. They issued an “overweight” rating and a $412.00 price objective for the company. Finally, StockNews.com downgraded Curtiss-Wright from a “strong-buy” rating to a “buy” rating in a research note on Monday, September 23rd. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $362.60.

Insider Buying and Selling at Curtiss-Wright

In related news, Director Glenda J. Minor sold 500 shares of the company’s stock in a transaction on Friday, August 16th. The shares were sold at an average price of $302.80, for a total transaction of $151,400.00. Following the completion of the sale, the director now directly owns 1,382 shares of the company’s stock, valued at approximately $418,469.60. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, Director Glenda J. Minor sold 500 shares of Curtiss-Wright stock in a transaction dated Friday, August 16th. The stock was sold at an average price of $302.80, for a total value of $151,400.00. Following the transaction, the director now directly owns 1,382 shares in the company, valued at approximately $418,469.60. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP John C. Watts sold 412 shares of Curtiss-Wright stock in a transaction dated 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 transaction, the vice president now owns 4,183 shares in the company, valued at $1,503,997.65. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.55% 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.