Freemont Management S.A. Has $1.84 Million Stock Holdings in Curtiss-Wright Co. (NYSE:CW)

Freemont Management S.A. lifted its holdings in Curtiss-Wright Co. (NYSE:CW - Free Report) by 154.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,600 shares of the aerospace company's stock after acquiring an additional 3,400 shares during the quarter. Freemont Management S.A.'s holdings in Curtiss-Wright were worth $1,841,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Versant Capital Management Inc raised its position in Curtiss-Wright by 5,050.0% in the 2nd quarter. Versant Capital Management Inc now owns 103 shares of the aerospace company's stock worth $28,000 after purchasing an additional 101 shares during the last quarter. GPS Wealth Strategies Group LLC bought a new position in Curtiss-Wright in the 2nd quarter worth approximately $30,000. EverSource Wealth Advisors LLC raised its position in Curtiss-Wright by 1,933.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 122 shares of the aerospace company's stock worth $31,000 after purchasing an additional 116 shares during the last quarter. Tsfg LLC raised its position in Curtiss-Wright by 191.4% in the 3rd quarter. Tsfg LLC now owns 102 shares of the aerospace company's stock worth $34,000 after purchasing an additional 67 shares during the last quarter. Finally, UMB Bank n.a. raised its position in Curtiss-Wright by 303.8% in the 3rd quarter. UMB Bank n.a. now owns 105 shares of the aerospace company's stock worth $35,000 after purchasing an additional 79 shares during the last quarter. 82.71% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on CW shares. Truist Financial boosted 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. Alembic Global Advisors initiated coverage on shares of Curtiss-Wright in a research report on Tuesday, October 29th. They set an "overweight" rating and a $412.00 target price for the company. Morgan Stanley upped 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. StockNews.com cut shares of Curtiss-Wright from a "strong-buy" rating to a "buy" rating in a research report on Monday, September 23rd. Finally, Robert W. Baird upped their target price on shares of Curtiss-Wright from $300.00 to $312.00 and gave the company an "outperform" rating in a research report on Friday, August 9th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $362.60.

Curtiss-Wright Trading Down 6.3 %

Shares of CW traded down $24.28 during trading hours on Thursday, reaching $361.14. The stock had a trading volume of 568,159 shares, compared to its average volume of 224,169. 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 Co. has a 52 week low of $209.01 and a 52 week high of $393.40. The firm has a 50-day moving average of $341.49 and a 200 day moving average of $302.67. The company has a market cap of $13.71 billion, a P/E ratio of 34.17 and a beta of 1.17.

Curtiss-Wright Announces Dividend

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

Insider Activity at Curtiss-Wright

In related news, VP John C. Watts sold 412 shares of the company'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 completion of the transaction, the vice president now directly owns 4,183 shares of the company's stock, valued at approximately $1,503,997.65. This represents 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. Also, Director Glenda J. Minor sold 500 shares of the company's stock in a transaction 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 completion of the transaction, the director now directly owns 1,382 shares of the company's stock, valued at approximately $418,469.60. The trade was a 26.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.67% of the stock is owned by corporate 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.