86 Shares in Curtiss-Wright Co. (NYSE:CW) Purchased by YANKCOM Partnership

YANKCOM Partnership bought a new position in shares of Curtiss-Wright Co. (NYSE:CW) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 86 shares of the aerospace company’s stock, valued at approximately $31,000.

Other hedge funds have also made changes to their positions in the company. Tsfg LLC increased its position in shares of Curtiss-Wright by 191.4% during the 3rd quarter. Tsfg LLC now owns 102 shares of the aerospace company’s stock worth $34,000 after purchasing an additional 67 shares in the last quarter. UMB Bank n.a. increased its position in shares of 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 stake in shares of Curtiss-Wright during the 3rd quarter worth about $53,000. Brooklyn Investment Group acquired a new stake in shares of Curtiss-Wright during the 3rd quarter worth about $59,000. Finally, Morse Asset Management Inc acquired a new stake in shares of Curtiss-Wright during the 3rd quarter worth about $69,000. Institutional investors and hedge funds own 82.71% of the company’s stock.

Insider Activity

In related news, CEO Lynn M. Bamford sold 8,289 shares of Curtiss-Wright stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $346.87, for a total transaction of $2,875,205.43. Following the transaction, the chief executive officer now owns 38,905 shares of the company’s stock, valued at $13,494,977.35. This trade represents a 17.56 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP John C. Watts sold 622 shares of Curtiss-Wright stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $347.05, for a total transaction of $215,865.10. Following the transaction, the vice president now directly owns 5,072 shares in the company, valued at $1,760,237.60. The trade was a 10.92 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have acquired 116 shares of company stock valued at $35,278 and have sold 23,064 shares valued at $8,157,322. Insiders own 0.67% of the company’s stock.

Analyst Upgrades and Downgrades

CW has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Curtiss-Wright in a research report on Thursday, December 5th. They set a “buy” rating and a $452.00 target price for the company. Alembic Global Advisors assumed coverage on shares of Curtiss-Wright in a research report on Tuesday, October 29th. They issued an “overweight” rating and a $412.00 price objective for the company. Morgan Stanley raised their price objective on shares of Curtiss-Wright from $334.00 to $395.00 and gave the company an “overweight” rating in a research report on Tuesday, November 5th. Citigroup assumed coverage on shares of Curtiss-Wright in a research report on Tuesday, January 21st. They issued a “buy” rating and a $410.00 price objective for the company. Finally, Truist Financial raised their price objective on shares of Curtiss-Wright from $333.00 to $357.00 and gave the company a “hold” rating in a research report on Tuesday, January 14th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $386.86.

Curtiss-Wright Stock Down 0.2 %

Shares of NYSE CW opened at $350.33 on Friday. The firm has a market capitalization of $13.29 billion, a PE ratio of 33.14, a price-to-earnings-growth ratio of 2.47 and a beta of 1.19. The company has a current ratio of 1.98, a quick ratio of 1.39 and a debt-to-equity ratio of 0.39. Curtiss-Wright Co. has a 1 year low of $224.18 and a 1 year high of $393.40. The firm’s 50-day moving average is $360.28 and its 200-day moving average is $338.68.

Curtiss-Wright Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Thursday, March 27th will be paid a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 0.24%. The ex-dividend date of this dividend is Thursday, March 27th. Curtiss-Wright’s dividend payout ratio (DPR) is presently 7.95%.

Curtiss-Wright 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.