BNP PARIBAS ASSET MANAGEMENT Holding S.A. Has $5.58 Million Holdings in Curtiss-Wright Co. (NYSE:CW)

BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its holdings in shares of Curtiss-Wright Co. (NYSE:CW - Free Report) by 854.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 16,973 shares of the aerospace company's stock after buying an additional 15,194 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A.'s holdings in Curtiss-Wright were worth $5,578,000 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. Assenagon Asset Management S.A. purchased a new position in Curtiss-Wright in the second quarter valued at about $41,383,000. Cetera Advisors LLC grew its stake in Curtiss-Wright by 178.7% in the first quarter. Cetera Advisors LLC now owns 3,974 shares of the aerospace company's stock valued at $1,017,000 after purchasing an additional 2,548 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. grew its stake in Curtiss-Wright by 30,079.2% in the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 302,396 shares of the aerospace company's stock valued at $81,943,000 after purchasing an additional 301,394 shares in the last quarter. Magnetar Financial LLC purchased a new position in Curtiss-Wright in the second quarter valued at about $3,025,000. Finally, Sequoia Financial Advisors LLC grew its stake in Curtiss-Wright by 140.9% in the second quarter. Sequoia Financial Advisors LLC now owns 6,469 shares of the aerospace company's stock valued at $1,753,000 after purchasing an additional 3,784 shares in the last quarter. 82.71% of the stock is owned by institutional investors and hedge funds.

Curtiss-Wright Stock Performance

NYSE:CW traded up $0.53 during mid-day trading on Monday, hitting $371.35. 379,610 shares of the company's stock traded hands, compared to its average volume of 226,831. The firm has a 50 day moving average of $350.07 and a two-hundred day moving average of $307.94. Curtiss-Wright Co. has a 12 month low of $209.01 and a 12 month high of $393.40. The firm has a market capitalization of $14.09 billion, a price-to-earnings ratio of 35.13 and a beta of 1.17. 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 Dividend Announcement

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%.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. Robert W. Baird upped their price target on Curtiss-Wright from $300.00 to $312.00 and gave the stock an "outperform" rating in a research note on Friday, August 9th. StockNews.com downgraded Curtiss-Wright from a "strong-buy" rating to a "buy" rating in a research note on Monday, September 23rd. Alembic Global Advisors assumed coverage on Curtiss-Wright in a research note on Tuesday, October 29th. They set an "overweight" rating and a $412.00 price target for the company. Stifel Nicolaus downgraded Curtiss-Wright from a "buy" rating to a "hold" rating and set a $370.00 price target for the company. in a research note on Monday, November 18th. Finally, Morgan Stanley upped their price target on Curtiss-Wright from $334.00 to $395.00 and gave the stock an "overweight" rating in a research note on Tuesday, November 5th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat, Curtiss-Wright currently has an average rating of "Moderate Buy" and a consensus price target of $364.40.

Insider Activity at Curtiss-Wright

In other Curtiss-Wright news, VP John C. Watts sold 412 shares of the company's 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 transaction, the vice president now 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 SEC, which is available at this link. 0.67% of the stock is owned by corporate insiders.

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.