Curtiss-Wright Corp. (NYSE:CW) VP K Christopher Farkas sold 700 shares of the stock in a transaction that occurred on Thursday, February 8th. The stock was sold at an average price of $120.25, for a total value of $84,175.00. Following the transaction, the vice president now owns 2,152 shares in the company, valued at $258,778. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Curtiss-Wright Corp. (NYSE CW) opened at $119.32 on Wednesday. The company has a current ratio of 2.08, a quick ratio of 1.48 and a debt-to-equity ratio of 0.55. Curtiss-Wright Corp. has a 12-month low of $82.77 and a 12-month high of $134.44. The firm has a market capitalization of $5,292.88, a P/E ratio of 25.09, a PEG ratio of 1.81 and a beta of 1.24.

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 12th. Stockholders of record on Thursday, March 29th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.50%. The ex-dividend date is Wednesday, March 28th. Curtiss-Wright’s payout ratio is 12.45%.

CW has been the topic of a number of research analyst reports. 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 report on Monday, October 30th. Wells Fargo & Co upgraded Curtiss-Wright from a “market perform” rating to an “outperform” rating and set a $120.00 price target on the stock in a report on Tuesday, January 16th. Zacks Investment Research upgraded Curtiss-Wright from a “hold” rating to a “buy” rating and set a $136.00 price target on the stock in a report on Thursday, February 8th. Stifel Nicolaus restated a “hold” rating and set a $117.00 price target on shares of Curtiss-Wright in a report on Tuesday, October 17th. Finally, SunTrust Banks restated a “buy” rating and set a $128.00 price target on shares of Curtiss-Wright in a report on Friday, October 20th. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Curtiss-Wright currently has a consensus rating of “Buy” and a consensus target price of $133.29.

Large investors have recently modified their holdings of the company. BlackRock Inc. raised its position in Curtiss-Wright by 4.4% in the 4th quarter. BlackRock Inc. now owns 6,019,976 shares of the aerospace company’s stock valued at $733,531,000 after buying an additional 252,599 shares during the last quarter. State Street Corp raised its position in Curtiss-Wright by 5.8% in the 2nd quarter. State Street Corp now owns 1,776,207 shares of the aerospace company’s stock valued at $163,017,000 after buying an additional 97,137 shares during the last quarter. Boston Partners raised its position in Curtiss-Wright by 44.8% in the 3rd quarter. Boston Partners now owns 1,361,557 shares of the aerospace company’s stock valued at $142,337,000 after buying an additional 421,332 shares during the last quarter. Bank of New York Mellon Corp raised its position in Curtiss-Wright by 0.4% in the 3rd quarter. Bank of New York Mellon Corp now owns 943,289 shares of the aerospace company’s stock valued at $98,612,000 after buying an additional 4,064 shares during the last quarter. Finally, Prudential Financial Inc. raised its position in Curtiss-Wright by 51.0% in the 3rd quarter. Prudential Financial Inc. now owns 494,748 shares of the aerospace company’s stock valued at $51,721,000 after buying an additional 167,135 shares during the last quarter. 76.31% of the stock is currently owned by institutional investors.

ILLEGAL ACTIVITY WARNING: “K Christopher Farkas Sells 700 Shares of Curtiss-Wright Corp. (CW) Stock” was first published by TheOlympiaReport and is owned by of TheOlympiaReport. If you are viewing this piece on another publication, it was stolen and reposted in violation of U.S. and international copyright and trademark laws. The original version of this piece can be viewed at https://theolympiareport.com/2018/02/14/k-christopher-farkas-sells-700-shares-of-curtiss-wright-corp-cw-stock.html.

Curtiss-Wright Company Profile

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.

Insider Buying and Selling 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.