Fisher Asset Management LLC Acquires 5,437 Shares of Curtiss-Wright Co. (NYSE:CW)

Fisher Asset Management LLC grew its holdings in shares of Curtiss-Wright Co. (NYSE:CW - Free Report) by 8.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 70,454 shares of the aerospace company's stock after acquiring an additional 5,437 shares during the period. Fisher Asset Management LLC owned 0.19% of Curtiss-Wright worth $23,158,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Boston Partners boosted its stake in Curtiss-Wright by 3.0% during the first quarter. Boston Partners now owns 1,393,662 shares of the aerospace company's stock worth $356,684,000 after acquiring an additional 40,657 shares in the last quarter. Congress Asset Management Co. boosted its position 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 worth $150,893,000 after purchasing an additional 265,205 shares in the last quarter. International Assets Investment Management LLC boosted its position in shares of 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. Sumitomo Mitsui Trust Holdings Inc. grew its stake in shares of Curtiss-Wright by 30,079.2% in the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 302,396 shares of the aerospace company's stock valued at $81,943,000 after buying an additional 301,394 shares during the period. Finally, Van ECK Associates Corp increased its position in Curtiss-Wright by 29.0% in 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 owned by institutional investors.

Curtiss-Wright Stock Down 1.0 %

Curtiss-Wright stock traded down $3.68 during midday trading on Thursday, hitting $371.37. 124,073 shares of the stock were exchanged, compared to its average volume of 226,193. The company has a quick ratio of 1.39, a current ratio of 1.98 and a debt-to-equity ratio of 0.39. The stock has a market capitalization of $14.09 billion, a price-to-earnings ratio of 35.13 and a beta of 1.17. Curtiss-Wright Co. has a 52-week low of $209.01 and a 52-week high of $393.40. The business's 50-day moving average price is $352.41 and its 200-day moving average price is $309.06.

Curtiss-Wright Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 3rd. Investors of record on Friday, November 22nd will be given a dividend of $0.21 per share. 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 payout ratio is 7.95%.

Insider Buying and Selling

In other news, VP John C. Watts sold 412 shares of the stock in a transaction that occurred 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 completion of the transaction, the vice president now directly owns 4,183 shares of the company's stock, valued at $1,503,997.65. This represents a 8.97 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.55% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on CW shares. Robert W. Baird boosted their price objective on Curtiss-Wright from $300.00 to $312.00 and gave the company an "outperform" rating in a report on Friday, August 9th. StockNews.com lowered shares of Curtiss-Wright from a "strong-buy" rating to a "buy" rating in a research note on Monday, September 23rd. Stifel Nicolaus lowered shares of Curtiss-Wright from a "buy" rating to a "hold" rating and set a $370.00 price objective on the stock. in a research note on Monday, November 18th. 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. Finally, Truist Financial upped their target price on shares of Curtiss-Wright from $304.00 to $333.00 and gave the stock a "hold" rating in a report on Friday, November 1st. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $364.40.

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.