Curtiss-Wright Co. (NYSE:CW) Shares Acquired by HighTower Advisors LLC

HighTower Advisors LLC boosted its stake in shares of Curtiss-Wright Co. (NYSE:CW - Free Report) by 16.9% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 12,794 shares of the aerospace company's stock after purchasing an additional 1,849 shares during the period. HighTower Advisors LLC's holdings in Curtiss-Wright were worth $4,216,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Signaturefd LLC raised its position in shares of Curtiss-Wright by 7.8% during the 3rd quarter. Signaturefd LLC now owns 401 shares of the aerospace company's stock valued at $132,000 after purchasing an additional 29 shares during the period. CIBC Asset Management Inc raised its holdings in Curtiss-Wright by 3.5% during the third quarter. CIBC Asset Management Inc now owns 1,103 shares of the aerospace company's stock valued at $363,000 after acquiring an additional 37 shares during the period. OneDigital Investment Advisors LLC raised its stake in Curtiss-Wright by 3.3% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 1,162 shares of the aerospace company's stock valued at $382,000 after purchasing an additional 37 shares during the period. Pathstone Holdings LLC boosted its stake in Curtiss-Wright by 1.0% in the 3rd quarter. Pathstone Holdings LLC now owns 4,388 shares of the aerospace company's stock worth $1,442,000 after purchasing an additional 45 shares during the period. Finally, Dorsey Wright & Associates grew its holdings in Curtiss-Wright by 0.4% during the 2nd quarter. Dorsey Wright & Associates now owns 13,002 shares of the aerospace company's stock valued at $3,523,000 after buying an additional 47 shares in the last quarter. Institutional investors own 82.71% of the company's stock.

Insider Transactions at Curtiss-Wright

In other Curtiss-Wright news, VP John C. Watts sold 412 shares of Curtiss-Wright stock in a transaction on Tuesday, November 5th. The shares were 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 approximately $1,503,997.65. The trade was a 8.97 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.67% of the company's stock.

Curtiss-Wright Stock Performance

Shares of NYSE CW traded down $5.62 during midday trading on Thursday, reaching $366.13. The company had a trading volume of 242,894 shares, compared to its average volume of 226,745. The stock has a market cap of $13.89 billion, a P/E ratio of 34.64 and a beta of 1.18. The company has a current ratio of 1.98, a quick ratio of 1.39 and a debt-to-equity ratio of 0.39. The business's 50-day simple moving average is $361.76 and its 200 day simple moving average is $315.97. Curtiss-Wright Co. has a 1 year low of $212.05 and a 1 year high of $393.40.

Curtiss-Wright Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 3rd. Stockholders of record on Friday, November 22nd were issued a $0.21 dividend. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $0.84 annualized dividend and a dividend yield of 0.23%. Curtiss-Wright's dividend payout ratio (DPR) is presently 7.95%.

Analysts Set New Price Targets

CW has been the subject of a number of research reports. Stifel Nicolaus lowered shares of Curtiss-Wright from a "buy" rating to a "hold" rating and set a $370.00 target price for the company. in a research report on Monday, November 18th. Deutsche Bank Aktiengesellschaft started coverage on Curtiss-Wright in a research report on Thursday, December 5th. They set a "buy" rating and a $452.00 price objective for the company. Truist Financial upped their target price on shares of Curtiss-Wright from $304.00 to $333.00 and gave the company a "hold" rating in a research report on Friday, November 1st. StockNews.com cut shares of Curtiss-Wright from a "strong-buy" rating to a "buy" rating in a research note on Monday, September 23rd. Finally, Morgan Stanley upped their target price on Curtiss-Wright from $334.00 to $395.00 and gave the company an "overweight" rating in a research note on Tuesday, November 5th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat.com, Curtiss-Wright currently has a consensus rating of "Moderate Buy" and a consensus price target of $379.00.

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.