EMC Capital Management Buys 457 Shares of Curtiss-Wright Co. (NYSE:CW)

EMC Capital Management increased its stake in shares of Curtiss-Wright Co. (NYSE:CWGet Rating) by 51.9% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,338 shares of the aerospace company’s stock after acquiring an additional 457 shares during the period. EMC Capital Management’s holdings in Curtiss-Wright were worth $177,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Fifth Third Bancorp raised its stake in Curtiss-Wright by 58.5% in the second quarter. Fifth Third Bancorp now owns 225 shares of the aerospace company’s stock valued at $30,000 after buying an additional 83 shares during the period. FNY Investment Advisers LLC bought a new stake in Curtiss-Wright in the second quarter valued at approximately $39,000. Covestor Ltd raised its stake in Curtiss-Wright by 91.3% in the first quarter. Covestor Ltd now owns 350 shares of the aerospace company’s stock valued at $53,000 after buying an additional 167 shares during the period. Ellevest Inc. raised its stake in Curtiss-Wright by 55.4% in the second quarter. Ellevest Inc. now owns 491 shares of the aerospace company’s stock valued at $65,000 after buying an additional 175 shares during the period. Finally, Meeder Asset Management Inc. bought a new stake in Curtiss-Wright in the first quarter valued at approximately $79,000. Institutional investors own 84.77% of the company’s stock.

Curtiss-Wright Price Performance

Shares of CW stock traded up $0.23 during trading hours on Thursday, reaching $178.05. The company’s stock had a trading volume of 75,848 shares, compared to its average volume of 220,096. Curtiss-Wright Co. has a fifty-two week low of $123.84 and a fifty-two week high of $179.79. The company has a market capitalization of $6.82 billion, a price-to-earnings ratio of 26.46 and a beta of 1.28. The company has a quick ratio of 1.08, a current ratio of 1.68 and a debt-to-equity ratio of 0.61. The firm’s 50 day simple moving average is $158.65 and its 200-day simple moving average is $146.51.

Curtiss-Wright Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 1st. Shareholders of record on Wednesday, November 23rd will be issued a dividend of $0.19 per share. The ex-dividend date is Tuesday, November 22nd. This represents a $0.76 dividend on an annualized basis and a yield of 0.43%. Curtiss-Wright’s payout ratio is currently 11.29%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Morgan Stanley upped their price objective on Curtiss-Wright from $180.00 to $187.00 and gave the company an “overweight” rating in a research note on Monday, November 7th. StockNews.com assumed coverage on Curtiss-Wright in a research note on Wednesday, October 12th. They issued a “buy” rating on the stock. Wolfe Research initiated coverage on Curtiss-Wright in a research note on Monday, October 10th. They issued an “outperform” rating and a $170.00 price objective on the stock. Stifel Nicolaus upped their target price on Curtiss-Wright from $162.00 to $165.00 and gave the company a “buy” rating in a research report on Tuesday, October 11th. Finally, Robert W. Baird upped their target price on Curtiss-Wright from $157.00 to $186.00 in a research report on Friday, November 4th. Six investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $174.00.

Curtiss-Wright Profile

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

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Institutional Ownership by Quarter for Curtiss-Wright (NYSE:CW)

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