Curtiss-Wright Co. (NYSE:CW) Shares Purchased by Harel Insurance Investments & Financial Services Ltd.

Harel Insurance Investments & Financial Services Ltd. increased its position in shares of Curtiss-Wright Co. (NYSE:CW - Free Report) by 50.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,865 shares of the aerospace company's stock after purchasing an additional 962 shares during the period. Harel Insurance Investments & Financial Services Ltd.'s holdings in Curtiss-Wright were worth $1,017,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Oppenheimer & Co. Inc. bought a new stake in shares of Curtiss-Wright during the third quarter worth $542,000. Fisher Asset Management LLC increased its stake in Curtiss-Wright by 8.4% in the 3rd quarter. Fisher Asset Management LLC now owns 70,454 shares of the aerospace company's stock worth $23,158,000 after buying an additional 5,437 shares during the period. MML Investors Services LLC lifted its holdings in Curtiss-Wright by 21.8% during the 3rd quarter. MML Investors Services LLC now owns 9,786 shares of the aerospace company's stock valued at $3,217,000 after buying an additional 1,754 shares in the last quarter. JPMorgan Chase & Co. boosted its position in Curtiss-Wright by 9.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 119,142 shares of the aerospace company's stock valued at $39,161,000 after buying an additional 10,642 shares during the period. Finally, Freemont Management S.A. grew its stake in Curtiss-Wright by 154.5% in the 3rd quarter. Freemont Management S.A. now owns 5,600 shares of the aerospace company's stock worth $1,841,000 after acquiring an additional 3,400 shares in the last quarter. 82.71% of the stock is currently owned by institutional investors.

Curtiss-Wright Stock Down 0.1 %

NYSE:CW traded down $0.33 during midday trading on Friday, reaching $383.75. 299,004 shares of the stock traded hands, compared to its average volume of 194,558. The business has a 50-day moving average of $364.27 and a two-hundred day moving average of $334.62. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.39 and a current ratio of 1.98. Curtiss-Wright Co. has a 12-month low of $220.90 and a 12-month high of $393.40. The stock has a market capitalization of $14.56 billion, a PE ratio of 36.31, a price-to-earnings-growth ratio of 2.73 and a beta of 1.19.

Curtiss-Wright Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 3rd. Investors of record on Friday, November 22nd were paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 0.22%. The ex-dividend date was Friday, November 22nd. Curtiss-Wright's dividend payout ratio (DPR) is presently 7.95%.

Insiders Place Their Bets

In related news, CEO Lynn M. Bamford sold 7,129 shares of the business's stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $368.80, for a total transaction of $2,629,175.20. Following the completion of the transaction, the chief executive officer now directly owns 28,688 shares in the company, valued at $10,580,134.40. The trade was a 19.90 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP John C. Watts sold 412 shares of Curtiss-Wright stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $359.55, for a total value of $148,134.60. Following the transaction, the vice president now owns 4,183 shares of the company's stock, valued at $1,503,997.65. The trade was a 8.97 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have purchased 116 shares of company stock valued at $35,278. Insiders own 0.67% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on CW. Morgan Stanley boosted 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. Citigroup began coverage on Curtiss-Wright in a research report on Tuesday. They set a "buy" rating and a $410.00 price target on the stock. Stifel Nicolaus downgraded 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, November 18th. Alembic Global Advisors started coverage on shares of Curtiss-Wright in a report on Tuesday, October 29th. They set an "overweight" rating and a $412.00 target price on the stock. Finally, Deutsche Bank Aktiengesellschaft started coverage on shares of Curtiss-Wright in a report on Thursday, December 5th. They issued a "buy" rating and a $452.00 price target for the company. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $386.86.

Curtiss-Wright 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.