Curtiss-Wright Co. (NYSE:CW) Shares Acquired by Kathmere Capital Management LLC

Kathmere Capital Management LLC lifted its holdings in shares of Curtiss-Wright Co. (NYSE:CW) by 8.5% in the fourth quarter, HoldingsChannel reports. The firm owned 731 shares of the aerospace company’s stock after acquiring an additional 57 shares during the period. Kathmere Capital Management LLC’s holdings in Curtiss-Wright were worth $259,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the stock. Tsfg LLC increased its position in Curtiss-Wright by 191.4% during the third quarter. Tsfg LLC now owns 102 shares of the aerospace company’s stock worth $34,000 after buying an additional 67 shares in the last quarter. UMB Bank n.a. increased its position in Curtiss-Wright by 303.8% during the 3rd quarter. UMB Bank n.a. now owns 105 shares of the aerospace company’s stock worth $35,000 after purchasing an additional 79 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Curtiss-Wright in the 3rd quarter valued at about $53,000. Brooklyn Investment Group purchased a new position in Curtiss-Wright in the 3rd quarter valued at about $59,000. Finally, Quarry LP grew its holdings in shares of Curtiss-Wright by 176.9% during the second quarter. Quarry LP now owns 252 shares of the aerospace company’s stock worth $68,000 after buying an additional 161 shares in the last quarter. 82.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Curtiss-Wright

In related news, CEO Lynn M. Bamford sold 7,129 shares of the firm’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $368.80, for a total transaction of $2,629,175.20. Following the sale, the chief executive officer now directly owns 28,688 shares in the company, valued at approximately $10,580,134.40. This trade represents a 19.90 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP John C. Watts sold 412 shares of the company’s stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $359.55, for a total value of $148,134.60. Following the completion of the transaction, the vice president now owns 4,183 shares of the company’s stock, valued at approximately $1,503,997.65. This represents a 8.97 % decrease in their position. The disclosure for this sale can be found here. Insiders have acquired a total of 116 shares of company stock valued at $35,278 over the last ninety days. Corporate insiders own 0.55% of the company’s stock.

Curtiss-Wright Stock Performance

Shares of NYSE:CW opened at $365.79 on Friday. The business has a 50-day moving average of $364.52 and a two-hundred day moving average of $329.98. The firm has a market capitalization of $13.88 billion, a PE ratio of 34.61, a P/E/G ratio of 2.51 and a beta of 1.19. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.98 and a quick ratio of 1.39. Curtiss-Wright Co. has a 12 month low of $217.57 and a 12 month high of $393.40.

Curtiss-Wright Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 3rd. Investors of record on Friday, November 22nd were issued a $0.21 dividend. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $0.84 annualized dividend and a yield of 0.23%. Curtiss-Wright’s payout ratio is 7.95%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on CW shares. Morgan Stanley upped their price objective on shares of Curtiss-Wright from $334.00 to $395.00 and gave the company an “overweight” rating in a research note on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft assumed coverage on Curtiss-Wright in a report on Thursday, December 5th. They set a “buy” rating and a $452.00 price objective on the stock. Alembic Global Advisors began coverage on Curtiss-Wright in a research note on Tuesday, October 29th. They issued an “overweight” rating and a $412.00 target price for the company. StockNews.com lowered Curtiss-Wright from a “strong-buy” rating to a “buy” rating in a research note on Monday, September 23rd. Finally, Truist Financial upped their price objective on shares of Curtiss-Wright from $333.00 to $357.00 and gave the company a “hold” rating in a research note on Tuesday. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $383.00.

Curtiss-Wright Company Profile

Curtiss-Wright Corporation, together with its subsidiaries, provides engineered products, solutions, and services mainly to aerospace and defense, commercial power, process, and industrial markets worldwide. It operates through three segments: Aerospace & Industrial, Defense Electronics, and Naval & Power.