Curtiss-Wright Corp. (CW) VP Sells $84,175.00 in Stock

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

Curtiss-Wright Corp. (NYSE:CW) traded up $0.99 during midday trading on Monday, reaching $119.28. 48,014 shares of the company’s stock traded hands, compared to its average volume of 212,992. 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 twelve month low of $82.77 and a twelve month high of $134.44. The stock has a market capitalization of $5,220.06, a price-to-earnings ratio of 24.54, a price-to-earnings-growth ratio of 1.78 and a beta of 1.24.

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

Several brokerages recently issued reports on CW. Zacks Investment Research upgraded shares of Curtiss-Wright from a “hold” rating to a “buy” rating and set a $136.00 target price for the company in a research report on Thursday. Stifel Nicolaus upped their target price on shares of Curtiss-Wright from $126.00 to $139.00 and gave the stock a “hold” rating in a research report on Tuesday, January 16th. Wells Fargo & Co upgraded shares of Curtiss-Wright from a “market perform” rating to an “outperform” rating and set a $120.00 target price for the company in a research report on Tuesday, January 16th. Robert W. Baird started coverage on shares of Curtiss-Wright in a research report on Tuesday, December 5th. They issued an “outperform” rating and a $149.00 target price for the company. Finally, Seaport Global Securities restated a “buy” rating on shares of Curtiss-Wright in a research report on Friday, October 27th. Three research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $133.29.

A number of hedge funds and other institutional investors have recently bought and sold shares of CW. Boston Partners boosted its position in Curtiss-Wright by 44.8% during the third 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 period. BlackRock Inc. raised its stake in shares of Curtiss-Wright by 4.4% during the fourth 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. Assenagon Asset Management S.A. bought a new position in shares of Curtiss-Wright during the fourth quarter valued at about $25,354,000. Prudential Financial Inc. raised its stake in shares of Curtiss-Wright by 51.0% during the third quarter. Prudential Financial Inc. now owns 494,748 shares of the aerospace company’s stock valued at $51,721,000 after acquiring an additional 167,135 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. bought a new position in shares of Curtiss-Wright during the third quarter valued at about $16,027,000. Institutional investors and hedge funds own 76.31% of the company’s stock.

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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)

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