Curtiss-Wright Co. (NYSE:CW) Shares Acquired by US Bancorp DE

US Bancorp DE grew its position in Curtiss-Wright Co. (NYSE:CW - Free Report) by 94.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,873 shares of the aerospace company's stock after acquiring an additional 4,300 shares during the quarter. US Bancorp DE's holdings in Curtiss-Wright were worth $2,916,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Signaturefd LLC lifted its holdings in shares of Curtiss-Wright by 7.8% in the 3rd quarter. Signaturefd LLC now owns 401 shares of the aerospace company's stock valued at $132,000 after acquiring an additional 29 shares during the last quarter. CIBC Asset Management Inc lifted its stake in shares of Curtiss-Wright by 4.5% in the 2nd quarter. CIBC Asset Management Inc now owns 1,066 shares of the aerospace company's stock valued at $289,000 after purchasing an additional 46 shares during the last quarter. Dorsey Wright & Associates boosted its holdings in shares of Curtiss-Wright by 0.4% in the 2nd quarter. Dorsey Wright & Associates now owns 13,002 shares of the aerospace company's stock worth $3,523,000 after purchasing an additional 47 shares during the period. Envestnet Portfolio Solutions Inc. increased its position in shares of Curtiss-Wright by 2.5% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 2,176 shares of the aerospace company's stock valued at $557,000 after purchasing an additional 53 shares during the last quarter. Finally, Tsfg LLC raised its holdings in Curtiss-Wright by 191.4% during the 3rd quarter. Tsfg LLC now owns 102 shares of the aerospace company's stock valued at $34,000 after buying an additional 67 shares during the period. 82.71% of the stock is currently owned by institutional investors.

Insider Activity at Curtiss-Wright

In other Curtiss-Wright news, Director Glenda J. Minor sold 500 shares of the stock in a transaction dated Friday, August 16th. The shares were sold at an average price of $302.80, for a total transaction of $151,400.00. Following the transaction, the director now directly owns 1,382 shares in the company, valued at $418,469.60. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, VP John C. Watts sold 412 shares of the business's stock in a transaction 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 directly owns 4,183 shares of the company's stock, valued at approximately $1,503,997.65. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Glenda J. Minor sold 500 shares of the firm's stock in a transaction dated Friday, August 16th. The shares were sold at an average price of $302.80, for a total value of $151,400.00. Following the sale, the director now directly owns 1,382 shares in the company, valued at approximately $418,469.60. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. 0.55% of the stock is currently owned by corporate insiders.

Curtiss-Wright Trading Up 4.7 %

CW stock traded up $17.09 during mid-day trading on Wednesday, reaching $377.46. The company had a trading volume of 276,794 shares, compared to its average volume of 222,556. The company has a market capitalization of $14.32 billion, a PE ratio of 34.10 and a beta of 1.17. The firm has a 50 day moving average of $331.53 and a 200 day moving average of $297.08. Curtiss-Wright Co. has a 12 month low of $203.60 and a 12 month high of $380.98. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.98 and a quick ratio of 1.39.

Curtiss-Wright (NYSE:CW - Get Free Report) last announced its quarterly earnings data on Wednesday, August 7th. The aerospace company reported $2.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.24 by $0.43. The company had revenue of $785.00 million for the quarter, compared to analysts' expectations of $735.82 million. Curtiss-Wright had a return on equity of 17.21% and a net margin of 13.20%. Curtiss-Wright's revenue was up 11.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.15 earnings per share. On average, equities analysts predict that Curtiss-Wright Co. will post 10.66 earnings per share for the current fiscal year.

Curtiss-Wright Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, October 11th. Stockholders of record on Friday, September 27th were paid a dividend of $0.21 per share. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.84 annualized dividend and a dividend yield of 0.22%. Curtiss-Wright's dividend payout ratio is currently 7.95%.

Wall Street Analysts Forecast Growth

Several research firms have commented on CW. Truist Financial lifted their price objective on shares of Curtiss-Wright from $304.00 to $333.00 and gave the stock a "hold" rating in a research note on Friday, November 1st. Morgan Stanley upped their price target on shares of Curtiss-Wright from $334.00 to $395.00 and gave the company an "overweight" rating in a report on Tuesday. Alembic Global Advisors started coverage on shares of Curtiss-Wright in a research note on Tuesday, October 29th. They issued an "overweight" rating and a $412.00 price objective for the company. StockNews.com cut Curtiss-Wright from a "strong-buy" rating to a "buy" rating in a research note on Monday, September 23rd. Finally, Robert W. Baird raised 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. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $362.60.

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.