Victory Capital Management Inc. Purchases 6,368 Shares of Curtiss-Wright Co. (NYSE:CW)

Victory Capital Management Inc. increased its holdings in shares of Curtiss-Wright Co. (NYSE:CW - Free Report) by 20.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,264 shares of the aerospace company's stock after buying an additional 6,368 shares during the quarter. Victory Capital Management Inc. owned 0.10% of Curtiss-Wright worth $12,248,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of CW. Vanguard Group Inc. increased its holdings in shares of Curtiss-Wright by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 3,657,854 shares of the aerospace company's stock valued at $936,191,000 after purchasing an additional 18,939 shares during the period. Boston Partners increased its stake in Curtiss-Wright by 3.0% in the 1st quarter. Boston Partners now owns 1,393,662 shares of the aerospace company's stock valued at $356,684,000 after buying an additional 40,657 shares during the period. Congress Asset Management Co. lifted its position in Curtiss-Wright by 136.8% in the 3rd quarter. Congress Asset Management Co. now owns 459,074 shares of the aerospace company's stock worth $150,893,000 after buying an additional 265,205 shares in the last quarter. International Assets Investment Management LLC boosted its stake 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 valued at $133,102,000 after buying an additional 403,701 shares during the period. Finally, Sumitomo Mitsui Trust Holdings Inc. grew its holdings in shares of Curtiss-Wright by 30,079.2% during 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 acquiring an additional 301,394 shares in the last quarter. 82.71% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Stifel Nicolaus lowered Curtiss-Wright from a "buy" rating to a "hold" rating and set a $370.00 price objective for the company. in a report on Monday. StockNews.com downgraded Curtiss-Wright from a "strong-buy" rating to a "buy" rating in a research note on Monday, September 23rd. Morgan Stanley lifted their price target on Curtiss-Wright from $334.00 to $395.00 and gave the company an "overweight" rating in a report on Tuesday, November 5th. Robert W. Baird raised their price objective 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. Finally, Truist Financial boosted their target price 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. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, Curtiss-Wright currently has a consensus rating of "Moderate Buy" and an average target price of $364.40.

Insider Buying and Selling at Curtiss-Wright

In other news, VP John C. Watts sold 412 shares of the stock in a transaction that occurred on 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 sale, 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.67% of the company's stock.

Curtiss-Wright Stock Performance

NYSE:CW opened at $361.24 on Thursday. The company has a current ratio of 1.98, a quick ratio of 1.39 and a debt-to-equity ratio of 0.39. Curtiss-Wright Co. has a 1 year low of $209.01 and a 1 year high of $393.40. The firm's fifty day simple moving average is $346.40 and its 200 day simple moving average is $305.73. The firm has a market capitalization of $13.71 billion, a PE ratio of 34.18 and a beta of 1.17.

Curtiss-Wright Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 3rd. Investors of record on Friday, November 22nd will be paid a dividend of $0.21 per share. The ex-dividend date is Friday, November 22nd. This represents a $0.84 annualized dividend and a yield of 0.23%. Curtiss-Wright's payout ratio is 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.