Paul J. Ferdenzi Purchases 34 Shares of Curtiss-Wright Co. (NYSE:CW) Stock

Curtiss-Wright Co. (NYSE:CW - Get Free Report) insider Paul J. Ferdenzi purchased 34 shares of the firm's stock in a transaction that occurred on Monday, January 6th. The shares were bought at an average price of $304.12 per share, with a total value of $10,340.08. Following the acquisition, the insider now directly owns 16,022 shares of the company's stock, valued at $4,872,610.64. This represents a 0.21 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Curtiss-Wright Stock Performance

CW traded up $1.22 during trading hours on Monday, hitting $350.64. The stock had a trading volume of 294,206 shares, compared to its average volume of 397,235. Curtiss-Wright Co. has a 1 year low of $212.05 and a 1 year high of $393.40. The company's fifty day simple moving average is $364.85 and its 200 day simple moving average is $326.44. The stock has a market cap of $13.31 billion, a PE ratio of 33.17, a price-to-earnings-growth ratio of 2.96 and a beta of 1.19. 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 Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 3rd. Stockholders of record on Friday, November 22nd were paid a $0.21 dividend. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $0.84 annualized dividend and a dividend yield of 0.24%. Curtiss-Wright's payout ratio is 7.95%.

Institutional Trading of Curtiss-Wright

Institutional investors have recently modified their holdings of the business. Geode Capital Management LLC raised its holdings in Curtiss-Wright by 3.9% during the 3rd quarter. Geode Capital Management LLC now owns 731,848 shares of the aerospace company's stock valued at $240,606,000 after acquiring an additional 27,607 shares during the period. Congress Asset Management Co. raised its stake in shares of Curtiss-Wright by 136.8% during the 3rd quarter. Congress Asset Management Co. now owns 459,074 shares of the aerospace company's stock valued at $150,893,000 after purchasing an additional 265,205 shares during the period. International Assets Investment Management LLC lifted its holdings in Curtiss-Wright by 32,425.8% during the 3rd quarter. International Assets Investment Management LLC now owns 404,946 shares of the aerospace company's stock worth $133,102,000 after purchasing an additional 403,701 shares in the last quarter. Franklin Resources Inc. boosted its stake in Curtiss-Wright by 7.3% in the 3rd quarter. Franklin Resources Inc. now owns 332,047 shares of the aerospace company's stock worth $115,469,000 after purchasing an additional 22,543 shares during the period. Finally, Van ECK Associates Corp grew its holdings in Curtiss-Wright by 29.0% during the 3rd quarter. Van ECK Associates Corp now owns 253,726 shares of the aerospace company's stock valued at $88,847,000 after buying an additional 56,966 shares in the last quarter. 82.71% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Morgan Stanley boosted their price target on shares of Curtiss-Wright from $334.00 to $395.00 and gave the stock an "overweight" rating in a report on Tuesday, November 5th. Stifel Nicolaus lowered Curtiss-Wright from a "buy" rating to a "hold" rating and set a $370.00 target price for the company. in a research report on Monday, November 18th. StockNews.com downgraded shares of Curtiss-Wright from a "strong-buy" rating to a "buy" rating in a report on Monday, September 23rd. Alembic Global Advisors began coverage on shares of Curtiss-Wright in a report on Tuesday, October 29th. They set an "overweight" rating and a $412.00 price objective for the company. Finally, Truist Financial boosted their target price on shares of Curtiss-Wright from $304.00 to $333.00 and gave the company a "hold" rating in a research note on Friday, November 1st. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, Curtiss-Wright currently has a consensus rating of "Moderate Buy" and a consensus price target of $379.00.

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.