Curtiss-Wright Corporation $CW Stock Holdings Increased by BW Gestao de Investimentos Ltda.

BW Gestao de Investimentos Ltda. boosted its position in Curtiss-Wright Corporation (NYSE:CW) by 62.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,489 shares of the aerospace company’s stock after buying an additional 7,489 shares during the quarter. BW Gestao de Investimentos Ltda.’s holdings in Curtiss-Wright were worth $10,744,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Atlantic Union Bankshares Corp bought a new stake in Curtiss-Wright in the third quarter valued at about $26,000. Cary Street Partners Investment Advisory LLC bought a new stake in Curtiss-Wright in the fourth quarter valued at about $31,000. Larson Financial Group LLC increased its holdings in Curtiss-Wright by 53.8% in the third quarter. Larson Financial Group LLC now owns 60 shares of the aerospace company’s stock valued at $33,000 after buying an additional 21 shares during the last quarter. Elyxium Wealth LLC bought a new stake in Curtiss-Wright in the fourth quarter valued at about $43,000. Finally, Sunbelt Securities Inc. bought a new stake in Curtiss-Wright in the third quarter valued at about $43,000. 82.71% of the stock is owned by institutional investors.

Curtiss-Wright Stock Performance

Shares of CW stock opened at $719.62 on Tuesday. The company has a quick ratio of 1.05, a current ratio of 1.52 and a debt-to-equity ratio of 0.29. The business has a 50 day moving average of $716.54 and a two-hundred day moving average of $653.27. Curtiss-Wright Corporation has a 52 week low of $435.35 and a 52 week high of $760.72. The company has a market cap of $26.58 billion, a P/E ratio of 52.72, a PEG ratio of 3.47 and a beta of 0.86.

Curtiss-Wright (NYSE:CW) last issued its earnings results on Thursday, May 7th. The aerospace company reported $3.48 EPS for the quarter, beating analysts’ consensus estimates of $3.32 by $0.16. Curtiss-Wright had a return on equity of 20.00% and a net margin of 14.17%.The company had revenue of $913.69 million during the quarter, compared to the consensus estimate of $863.83 million. During the same period in the previous year, the firm posted $2.82 earnings per share. Curtiss-Wright’s quarterly revenue was up 13.4% compared to the same quarter last year. As a group, analysts anticipate that Curtiss-Wright Corporation will post 15.15 EPS for the current year.

Curtiss-Wright Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, July 6th. Shareholders of record on Monday, June 15th will be paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Monday, June 15th. Curtiss-Wright’s payout ratio is presently 7.62%.

Analyst Upgrades and Downgrades

CW has been the subject of several research analyst reports. Weiss Ratings reissued a “buy (b)” rating on shares of Curtiss-Wright in a report on Wednesday, May 13th. Morgan Stanley reissued an “overweight” rating and issued a $760.00 price objective on shares of Curtiss-Wright in a report on Friday, February 13th. Stifel Nicolaus set a $724.00 price objective on Curtiss-Wright in a report on Friday, May 8th. Citigroup boosted their price objective on Curtiss-Wright from $728.00 to $775.00 and gave the company a “neutral” rating in a report on Monday, May 18th. Finally, Robert W. Baird set a $870.00 price objective on Curtiss-Wright in a report on Friday, May 8th. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $746.67.

Insider Buying and Selling

In other news, COO Kevin Rayment sold 907 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $677.38, for a total transaction of $614,383.66. Following the completion of the transaction, the chief operating officer directly owned 31,493 shares in the company, valued at approximately $21,332,728.34. The trade was a 2.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO K Christopher Farkas sold 918 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $677.46, for a total value of $621,908.28. Following the transaction, the chief financial officer owned 5,518 shares of the company’s stock, valued at approximately $3,738,224.28. This represents a 14.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 6,181 shares of company stock valued at $4,204,919 over the last 90 days. 0.51% of the stock is owned by corporate insiders.

Curtiss-Wright Profile

Curtiss-Wright Corporation (NYSE: CW) is a diversified, global engineering company that designs, manufactures and services highly engineered products and integrated systems for the aerospace, defense, and industrial markets. Its offerings span a range of electromechanical, motion control and flow control technologies, including flight control and actuation systems, sensors and avionics components, pumps and valves, power conversion and heat exchangers, and platform integration solutions for marine and ground systems.