Curtiss-Wright (NYSE:CW) Research Coverage Started at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft initiated coverage on shares of Curtiss-Wright (NYSE:CW) in a research note released on Thursday, Marketbeat Ratings reports. The brokerage issued a buy rating and a $452.00 price target on the aerospace company’s stock.

Other equities analysts have also issued reports about the stock. Morgan Stanley boosted their price objective 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. Robert W. Baird upped their price target on Curtiss-Wright from $300.00 to $312.00 and gave the company an “outperform” rating in a report on Friday, August 9th. Truist Financial lifted their price objective on Curtiss-Wright from $304.00 to $333.00 and gave the stock a “hold” rating in a 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, Stifel Nicolaus downgraded shares of Curtiss-Wright from a “buy” rating to a “hold” rating and set a $370.00 price target on the stock. in a report on Monday, November 18th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $379.00.

Curtiss-Wright Price Performance

CW stock opened at $376.01 on Thursday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.39 and a current ratio of 1.98. The firm has a 50 day moving average price of $359.17 and a 200-day moving average price of $313.79. Curtiss-Wright has a 52-week low of $212.05 and a 52-week high of $393.40. The firm has a market capitalization of $14.27 billion, a price-to-earnings ratio of 35.57 and a beta of 1.18.

Curtiss-Wright Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 3rd. Investors of record on Friday, November 22nd were paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.22%. The ex-dividend date was Friday, November 22nd. Curtiss-Wright’s dividend payout ratio (DPR) is 7.95%.

Insider Buying and Selling at Curtiss-Wright

In related news, VP John C. Watts sold 412 shares of the company’s stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $359.55, for a total transaction of $148,134.60. Following the completion of the transaction, the vice president now owns 4,183 shares in the company, valued at approximately $1,503,997.65. This represents a 8.97 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.67% of the company’s stock.

Institutional Trading of Curtiss-Wright

Large investors have recently added to or reduced their stakes in the company. Tsfg LLC raised its position in shares of 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 in the last quarter. UMB Bank n.a. lifted its stake in shares of Curtiss-Wright by 303.8% in the 3rd quarter. UMB Bank n.a. now owns 105 shares of the aerospace company’s stock valued at $35,000 after purchasing an additional 79 shares during the last quarter. GPS Wealth Strategies Group LLC bought a new position in shares of Curtiss-Wright during the 2nd quarter valued at approximately $30,000. EverSource Wealth Advisors LLC raised its holdings in Curtiss-Wright by 1,933.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 122 shares of the aerospace company’s stock valued at $31,000 after buying an additional 116 shares during the period. Finally, Wilmington Savings Fund Society FSB bought a new stake in Curtiss-Wright in the third quarter worth $53,000. Institutional investors own 82.71% of the company’s stock.

Curtiss-Wright Company 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.