Dean Investment Associates LLC bought a new stake in Curtiss-Wright Corporation (NYSE:CW) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 6,571 shares of the aerospace company’s stock, valued at approximately $687,000.

Several other hedge funds also recently made changes to their positions in CW. Russell Investments Group Ltd. boosted its stake in shares of Curtiss-Wright by 50.6% in the second quarter. Russell Investments Group Ltd. now owns 50,568 shares of the aerospace company’s stock valued at $4,642,000 after buying an additional 16,987 shares in the last quarter. Great West Life Assurance Co. Can boosted its stake in shares of Curtiss-Wright by 0.5% in the second quarter. Great West Life Assurance Co. Can now owns 26,530 shares of the aerospace company’s stock valued at $2,433,000 after buying an additional 126 shares in the last quarter. World Asset Management Inc boosted its stake in shares of Curtiss-Wright by 1.2% in the second quarter. World Asset Management Inc now owns 2,749 shares of the aerospace company’s stock valued at $252,000 after buying an additional 33 shares in the last quarter. Schwab Charles Investment Management Inc. boosted its stake in shares of Curtiss-Wright by 15.1% in the second quarter. Schwab Charles Investment Management Inc. now owns 522,366 shares of the aerospace company’s stock valued at $47,943,000 after buying an additional 68,431 shares in the last quarter. Finally, Arizona State Retirement System boosted its stake in shares of Curtiss-Wright by 1.1% in the second quarter. Arizona State Retirement System now owns 18,700 shares of the aerospace company’s stock valued at $1,716,000 after buying an additional 200 shares in the last quarter. Institutional investors own 77.46% of the company’s stock.

In other news, CEO David Charles Adams sold 17,000 shares of the business’s stock in a transaction on Thursday, November 2nd. The stock was sold at an average price of $119.04, for a total value of $2,023,680.00. Following the completion of the transaction, the chief executive officer now directly owns 70,570 shares of the company’s stock, valued at $8,400,652.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Glenn E. Tynan sold 7,918 shares of the business’s stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $120.00, for a total value of $950,160.00. Following the completion of the transaction, the chief financial officer now directly owns 47,925 shares of the company’s stock, valued at $5,751,000. The disclosure for this sale can be found here. Over the last three months, insiders sold 60,488 shares of company stock valued at $7,041,956. Insiders own 1.10% of the company’s stock.

A number of analysts recently weighed in on the company. Robert W. Baird assumed coverage on Curtiss-Wright in a research note on Tuesday, December 5th. They issued an “outperform” rating and a $149.00 price target on the stock. Seaport Global Securities restated a “buy” rating on shares of Curtiss-Wright in a research note on Friday, October 27th. Bank of America upgraded Curtiss-Wright from a “neutral” rating to a “buy” rating and set a $136.00 price target on the stock in a research note on Monday, October 30th. Wells Fargo & Company lifted their price target on Curtiss-Wright from $100.00 to $120.00 and gave the company a “market perform” rating in a research note on Friday, October 27th. Finally, Stifel Nicolaus boosted their target price on Curtiss-Wright from $117.00 to $124.00 and gave the stock a “hold” rating in a research report on Friday, October 27th. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $129.86.

Shares of Curtiss-Wright Corporation (CW) opened at $120.24 on Friday. The company has a current ratio of 2.08, a quick ratio of 1.48 and a debt-to-equity ratio of 0.55. The company has a market capitalization of $5,354.66, a price-to-earnings ratio of 25.39, a price-to-earnings-growth ratio of 2.07 and a beta of 1.26. Curtiss-Wright Corporation has a 12-month low of $82.77 and a 12-month high of $125.00.

Curtiss-Wright (NYSE:CW) last posted its earnings results on Wednesday, October 25th. The aerospace company reported $1.43 EPS for the quarter, topping the Zacks’ consensus estimate of $1.22 by $0.21. The company had revenue of $567.90 million for the quarter, compared to the consensus estimate of $539.28 million. Curtiss-Wright had a return on equity of 15.60% and a net margin of 9.70%. Curtiss-Wright’s quarterly revenue was up 12.0% compared to the same quarter last year. During the same period in the previous year, the business earned $1.02 earnings per share. equities analysts predict that Curtiss-Wright Corporation will post 4.75 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, December 8th. Stockholders of record on Wednesday, November 29th were issued a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, November 28th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.50%. Curtiss-Wright’s dividend payout ratio (DPR) is 12.45%.

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About Curtiss-Wright

Curtiss-Wright Corporation is a manufacturing and service company that designs, manufactures, and overhauls precision components and provides engineered products and services to the aerospace, defense, power generation and general industrial markets. The Company operates through three segments: Commercial/Industrial, Defense and Power.

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

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