Curtiss-Wright Co. (NYSE:CW) Shares Sold by California Public Employees Retirement System

California Public Employees Retirement System decreased its holdings in shares of Curtiss-Wright Co. (NYSE:CWGet Rating) by 2.0% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 91,648 shares of the aerospace company’s stock after selling 1,855 shares during the quarter. California Public Employees Retirement System owned about 0.24% of Curtiss-Wright worth $12,103,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Principal Financial Group Inc. boosted its holdings in Curtiss-Wright by 11.0% in the second quarter. Principal Financial Group Inc. now owns 151,321 shares of the aerospace company’s stock valued at $19,983,000 after acquiring an additional 14,966 shares during the last quarter. Cerity Partners LLC acquired a new position in Curtiss-Wright in the second quarter valued at $260,000. Advisors Asset Management Inc. boosted its holdings in Curtiss-Wright by 9.3% in the second quarter. Advisors Asset Management Inc. now owns 9,402 shares of the aerospace company’s stock valued at $1,242,000 after acquiring an additional 803 shares during the last quarter. MQS Management LLC boosted its holdings in Curtiss-Wright by 96.0% in the second quarter. MQS Management LLC now owns 4,042 shares of the aerospace company’s stock valued at $534,000 after acquiring an additional 1,980 shares during the last quarter. Finally, M&T Bank Corp boosted its holdings in Curtiss-Wright by 8.2% in the second quarter. M&T Bank Corp now owns 1,879 shares of the aerospace company’s stock valued at $204,000 after acquiring an additional 143 shares during the last quarter. Institutional investors and hedge funds own 84.77% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on CW. StockNews.com began coverage on Curtiss-Wright in a report on Wednesday, October 12th. They issued a “buy” rating on the stock. Robert W. Baird boosted their price objective on Curtiss-Wright from $157.00 to $186.00 in a research note on Friday, November 4th. Wolfe Research began coverage on Curtiss-Wright in a research note on Monday, October 10th. They set an “outperform” rating and a $170.00 price objective on the stock. Stifel Nicolaus boosted their price objective on Curtiss-Wright from $162.00 to $165.00 and gave the stock a “buy” rating in a research note on Tuesday, October 11th. Finally, Morgan Stanley boosted their price objective on Curtiss-Wright from $180.00 to $187.00 and gave the stock an “overweight” rating in a research note on Monday, November 7th. Six analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $174.00.

Curtiss-Wright Stock Up 0.2 %

Shares of NYSE CW opened at $175.41 on Monday. Curtiss-Wright Co. has a 1 year low of $123.84 and a 1 year high of $179.79. The firm has a market cap of $6.72 billion, a price-to-earnings ratio of 26.06 and a beta of 1.28. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.08 and a current ratio of 1.68. The stock’s 50-day simple moving average is $157.01 and its 200-day simple moving average is $145.76.

Curtiss-Wright Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 1st. Stockholders of record on Wednesday, November 23rd will be given a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.43%. The ex-dividend date of this dividend is Tuesday, November 22nd. Curtiss-Wright’s payout ratio is 11.29%.

Curtiss-Wright Profile

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Curtiss-Wright Corporation, together with its subsidiaries, provides engineered products, solutions, and services to the aerospace, defense, general industrial, and power generation markets worldwide. worldwide. It operates through three segments: Aerospace & Industrial, Defense Electronics, and Naval & Power.

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Institutional Ownership by Quarter for Curtiss-Wright (NYSE:CW)

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