143,661 Shares in Curtiss-Wright Co. (NYSE:CW) Acquired by World Investment Advisors LLC

World Investment Advisors LLC purchased a new position in shares of Curtiss-Wright Co. (NYSE:CW - Free Report) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 143,661 shares of the aerospace company's stock, valued at approximately $47,220,000. Curtiss-Wright makes up about 1.1% of World Investment Advisors LLC's holdings, making the stock its 6th largest holding. World Investment Advisors LLC owned 0.38% of Curtiss-Wright as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CW. Signaturefd LLC grew its stake in 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 period. CIBC Asset Management Inc lifted 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 purchasing an additional 37 shares in the last quarter. OneDigital Investment Advisors LLC grew its position in shares of Curtiss-Wright by 3.3% in the third 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 increased its stake in shares of Curtiss-Wright by 1.0% during the third 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 in the last quarter. Finally, Dorsey Wright & Associates raised its position in shares of Curtiss-Wright by 0.4% during 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 last quarter. Hedge funds and other institutional investors own 82.71% of the company's stock.

Curtiss-Wright Trading Down 1.5 %

Shares of CW traded down $5.62 during mid-day trading on Thursday, reaching $366.13. The stock had a trading volume of 242,894 shares, compared to its average volume of 226,745. Curtiss-Wright Co. has a 52-week low of $212.05 and a 52-week high of $393.40. The firm has a market cap of $13.89 billion, a price-to-earnings ratio of 35.15 and a beta of 1.18. The business's fifty day moving average is $361.19 and its 200 day moving average is $315.62. 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 Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 3rd. Stockholders of record on Friday, November 22nd were paid a $0.21 dividend. The ex-dividend date 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 7.95%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. Deutsche Bank Aktiengesellschaft started coverage on Curtiss-Wright in a research note on Thursday, December 5th. They set a "buy" rating and a $452.00 price objective for the company. Stifel Nicolaus cut Curtiss-Wright from a "buy" rating to a "hold" rating and set a $370.00 price target for the company. in a research report on Monday, November 18th. Alembic Global Advisors started coverage on Curtiss-Wright in a report on Tuesday, October 29th. They issued an "overweight" rating and a $412.00 price objective on the stock. Morgan Stanley upped their target price on shares of Curtiss-Wright from $334.00 to $395.00 and gave the stock an "overweight" rating in a report on Tuesday, November 5th. Finally, Truist Financial raised their price target 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. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $379.00.

Insider Transactions at Curtiss-Wright

In related news, VP John C. Watts sold 412 shares of the firm's stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $359.55, for a total transaction 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 trade represents a 8.97 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.67% of the company's stock.

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.