Curtiss-Wright Corp. (NYSE:CW) CEO David Charles Adams sold 13,051 shares of the stock in a transaction that occurred on Thursday, February 8th. The stock was sold at an average price of $120.44, for a total value of $1,571,862.44. Following the sale, the chief executive officer now directly owns 88,257 shares in the company, valued at approximately $10,629,673.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
David Charles Adams also recently made the following trade(s):
- On Tuesday, November 14th, David Charles Adams sold 5,270 shares of Curtiss-Wright stock. The stock was sold at an average price of $117.74, for a total value of $620,489.80.
Curtiss-Wright Corp. (CW) traded up $0.99 during midday trading on Monday, reaching $119.28. The company’s stock had a trading volume of 48,014 shares, compared to its average volume of 212,992. The company has a quick ratio of 1.48, a current ratio of 2.08 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 company has a market capitalization of $5,220.06, a PE ratio of 24.54, a PEG ratio of 1.78 and a beta of 1.24.
A number of brokerages recently issued reports on CW. Robert W. Baird began coverage on Curtiss-Wright in a research report on Tuesday, December 5th. They set an “outperform” rating and a $149.00 price target on the stock. Zacks Investment Research upgraded Curtiss-Wright from a “hold” rating to a “buy” rating and set a $127.00 target price for the company in a research note on Tuesday, October 17th. Seaport Global Securities restated a “buy” rating on shares of Curtiss-Wright in a research note on Friday, October 27th. Stifel Nicolaus upped their target price on Curtiss-Wright from $126.00 to $139.00 and gave the stock a “hold” rating in a research note on Tuesday, January 16th. Finally, SunTrust Banks restated a “buy” rating and set a $128.00 target price on shares of Curtiss-Wright in a research note on Friday, October 20th. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $133.29.
Several institutional investors and hedge funds have recently made changes to their positions in the company. BlackRock Inc. lifted its stake in shares of 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 acquiring an additional 252,599 shares during the last quarter. State Street Corp raised its position in Curtiss-Wright by 5.8% during the 2nd quarter. State Street Corp now owns 1,776,207 shares of the aerospace company’s stock worth $163,017,000 after purchasing an additional 97,137 shares during the last quarter. Boston Partners raised its position in Curtiss-Wright by 44.8% during the 3rd quarter. Boston Partners now owns 1,361,557 shares of the aerospace company’s stock worth $142,337,000 after purchasing an additional 421,332 shares during the last quarter. Bank of New York Mellon Corp raised its position in Curtiss-Wright by 0.4% during the 3rd quarter. Bank of New York Mellon Corp now owns 943,289 shares of the aerospace company’s stock worth $98,612,000 after purchasing an additional 4,064 shares during the last quarter. Finally, Prudential Financial Inc. raised its position in Curtiss-Wright by 51.0% during the 3rd quarter. Prudential Financial Inc. now owns 494,748 shares of the aerospace company’s stock worth $51,721,000 after purchasing an additional 167,135 shares during the last quarter. Institutional investors own 76.31% of the company’s stock.
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.
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