Curtiss-Wright Co. (NYSE:CW) Shares Sold by Great West Life Assurance Co. Can

Great West Life Assurance Co. Can trimmed its stake in Curtiss-Wright Co. (NYSE:CWGet Rating) by 2.0% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 24,272 shares of the aerospace company’s stock after selling 503 shares during the quarter. Great West Life Assurance Co. Can owned approximately 0.06% of Curtiss-Wright worth $3,390,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of CW. Savant Capital LLC grew its holdings in shares of Curtiss-Wright by 4.8% during the second quarter. Savant Capital LLC now owns 1,759 shares of the aerospace company’s stock valued at $232,000 after buying an additional 81 shares in the last quarter. Fifth Third Bancorp grew its holdings in shares of Curtiss-Wright by 58.5% during the second quarter. Fifth Third Bancorp now owns 225 shares of the aerospace company’s stock valued at $30,000 after buying an additional 83 shares in the last quarter. Commonwealth Equity Services LLC grew its holdings in shares of Curtiss-Wright by 1.6% during the second quarter. Commonwealth Equity Services LLC now owns 5,571 shares of the aerospace company’s stock valued at $735,000 after buying an additional 88 shares in the last quarter. Van ECK Associates Corp grew its holdings in shares of Curtiss-Wright by 9.9% during the third quarter. Van ECK Associates Corp now owns 1,045 shares of the aerospace company’s stock valued at $145,000 after buying an additional 94 shares in the last quarter. Finally, Meritage Portfolio Management grew its holdings in shares of Curtiss-Wright by 3.1% during the third quarter. Meritage Portfolio Management now owns 3,234 shares of the aerospace company’s stock valued at $450,000 after buying an additional 97 shares in the last quarter. 84.95% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on CW. Wolfe Research began coverage on Curtiss-Wright in a report on Monday, October 10th. They set an “outperform” rating and a $170.00 price target on the stock. Stifel Nicolaus boosted their target price on Curtiss-Wright from $162.00 to $165.00 and gave the company a “buy” rating in a research note on Tuesday, October 11th. Truist Financial boosted their target price on Curtiss-Wright from $175.00 to $183.00 in a research note on Monday, January 9th. Morgan Stanley downgraded Curtiss-Wright from an “overweight” rating to an “equal weight” rating and boosted their target price for the company from $187.00 to $188.00 in a research note on Monday, December 12th. Finally, StockNews.com assumed coverage on Curtiss-Wright in a research note on Wednesday, October 12th. They issued a “buy” rating on the stock. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $178.40.

Curtiss-Wright Price Performance

Shares of NYSE:CW opened at $158.07 on Tuesday. Curtiss-Wright Co. has a fifty-two week low of $124.37 and a fifty-two week high of $182.55. The business has a 50-day moving average of $169.40 and a two-hundred day moving average of $156.10. The stock has a market capitalization of $6.06 billion, a P/E ratio of 23.49 and a beta of 1.26. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.68 and a quick ratio of 1.08.

Curtiss-Wright (NYSE:CWGet Rating) last announced its quarterly earnings results on Wednesday, November 2nd. The aerospace company reported $2.07 earnings per share for the quarter, topping analysts’ consensus estimates of $2.03 by $0.04. Curtiss-Wright had a return on equity of 15.96% and a net margin of 10.62%. The company had revenue of $630.54 million during the quarter, compared to analysts’ expectations of $658.30 million. On average, equities research analysts predict that Curtiss-Wright Co. will post 8.12 EPS for the current fiscal year.

Curtiss-Wright Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, December 1st. Shareholders of record on Wednesday, November 23rd were given a $0.19 dividend. The ex-dividend date of this dividend was Tuesday, November 22nd. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.48%. Curtiss-Wright’s dividend payout ratio is currently 11.29%.

Curtiss-Wright Profile

(Get Rating)

Curtiss-Wright Corporation is a global integrated business that provides engineered products, solutions, and services mainly to the aerospace and defense markets, as well as critical technologies in demanding commercial power, process, and industrial markets. It operates through the following three segments: Aerospace & Industrial, Defense Electronics, and Naval & Power.

Featured Articles

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

Receive News & Ratings for Curtiss-Wright Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Curtiss-Wright and related companies with MarketBeat.com's FREE daily email newsletter.