Curtiss-Wright Co. (NYSE:CW) Given Consensus Rating of "Moderate Buy" by Analysts

Curtiss-Wright Co. (NYSE:CW - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the five brokerages that are covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year price target among analysts that have covered the stock in the last year is $364.40.

CW has been the topic of several research analyst reports. Stifel Nicolaus cut shares of 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. StockNews.com cut shares of Curtiss-Wright from a "strong-buy" rating to a "buy" rating in a research note on Monday, September 23rd. Truist Financial increased their price objective on shares of Curtiss-Wright from $304.00 to $333.00 and gave the stock a "hold" rating in a research note on Friday, November 1st. Morgan Stanley increased their price objective on shares of Curtiss-Wright from $334.00 to $395.00 and gave the stock an "overweight" rating in a research note on Tuesday, November 5th. Finally, Alembic Global Advisors initiated coverage on shares of Curtiss-Wright in a research note on Tuesday, October 29th. They issued an "overweight" rating and a $412.00 price objective on the stock.

Insider Transactions at Curtiss-Wright

In other Curtiss-Wright 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 transaction of $148,134.60. Following the transaction, the vice president now owns 4,183 shares in the company, valued at $1,503,997.65. The trade was a 8.97 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.67% of the company's stock.

Institutional Trading of Curtiss-Wright

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Signaturefd LLC grew its holdings in shares of Curtiss-Wright by 7.8% in the third quarter. Signaturefd LLC now owns 401 shares of the aerospace company's stock worth $132,000 after purchasing an additional 29 shares during the last quarter. CIBC Asset Management Inc grew its stake in Curtiss-Wright by 3.5% in the 3rd quarter. CIBC Asset Management Inc now owns 1,103 shares of the aerospace company's stock worth $363,000 after acquiring an additional 37 shares in the last quarter. OneDigital Investment Advisors LLC increased its position in shares of Curtiss-Wright by 3.3% during the third quarter. OneDigital Investment Advisors LLC now owns 1,162 shares of the aerospace company's stock worth $382,000 after acquiring an additional 37 shares during the period. Pathstone Holdings LLC raised its stake in shares of Curtiss-Wright by 1.0% during the third quarter. Pathstone Holdings LLC now owns 4,388 shares of the aerospace company's stock valued at $1,442,000 after acquiring an additional 45 shares in the last quarter. Finally, Dorsey Wright & Associates boosted its holdings in shares of Curtiss-Wright by 0.4% in the second quarter. Dorsey Wright & Associates now owns 13,002 shares of the aerospace company's stock valued at $3,523,000 after purchasing an additional 47 shares during the period. 82.71% of the stock is owned by hedge funds and other institutional investors.

Curtiss-Wright Stock Up 0.9 %

Curtiss-Wright stock traded up $3.48 during mid-day trading on Friday, reaching $370.82. The stock had a trading volume of 268,040 shares, compared to its average volume of 281,602. The company has a market capitalization of $14.07 billion, a price-to-earnings ratio of 35.08 and a beta of 1.17. The company has a 50-day moving average price of $348.89 and a two-hundred day moving average price of $306.83. Curtiss-Wright has a one year low of $209.01 and a one year high of $393.40. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.98 and a quick ratio of 1.39.

Curtiss-Wright Dividend Announcement

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

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.