Caprock Group LLC grew its position in shares of Curtiss-Wright Co. (NYSE:CW – Free Report) by 13.4% during the third quarter, HoldingsChannel reports. The institutional investor owned 890 shares of the aerospace company’s stock after buying an additional 105 shares during the quarter. Caprock Group LLC’s holdings in Curtiss-Wright were worth $293,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds also recently made changes to their positions in CW. CANADA LIFE ASSURANCE Co grew its position in shares of Curtiss-Wright by 1.3% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 23,598 shares of the aerospace company’s stock valued at $6,047,000 after buying an additional 311 shares during the last quarter. 1832 Asset Management L.P. boosted its position in Curtiss-Wright by 4,028.8% during the 1st quarter. 1832 Asset Management L.P. now owns 7,019 shares of the aerospace company’s stock valued at $1,796,000 after purchasing an additional 6,849 shares during the period. Tidal Investments LLC bought a new position in Curtiss-Wright during the 1st quarter worth $329,000. Cetera Investment Advisers increased its position in Curtiss-Wright by 204.9% in the first quarter. Cetera Investment Advisers now owns 12,437 shares of the aerospace company’s stock worth $3,183,000 after buying an additional 8,358 shares during the period. Finally, Cetera Advisors LLC boosted its holdings in shares of Curtiss-Wright by 178.7% during the first quarter. Cetera Advisors LLC now owns 3,974 shares of the aerospace company’s stock valued at $1,017,000 after acquiring an additional 2,548 shares during the period. Institutional investors and hedge funds own 82.71% of the company’s stock.
Insider Activity
In other Curtiss-Wright news, VP John C. Watts sold 412 shares of the company’s stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $359.55, for a total transaction of $148,134.60. Following the completion of the sale, the vice president now directly owns 4,183 shares of the company’s stock, valued at approximately $1,503,997.65. This represents a 8.97 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.67% of the company’s stock.
Curtiss-Wright Price Performance
Curtiss-Wright Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 3rd. Shareholders of record on Friday, November 22nd will be issued a $0.21 dividend. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $0.84 annualized dividend and a dividend yield of 0.23%. Curtiss-Wright’s dividend payout ratio is currently 7.95%.
Analyst Ratings Changes
Several equities research analysts have commented on CW shares. StockNews.com lowered shares of Curtiss-Wright from a “strong-buy” rating to a “buy” rating in a research note on Monday, September 23rd. Robert W. Baird increased their price target on Curtiss-Wright from $300.00 to $312.00 and gave the stock an “outperform” rating in a research note on Friday, August 9th. Morgan Stanley lifted 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. Stifel Nicolaus lowered shares of Curtiss-Wright from a “buy” rating to a “hold” rating and set a $370.00 target price for the company. in a research report on Monday, November 18th. Finally, Alembic Global Advisors started coverage on shares of Curtiss-Wright in a research note on Tuesday, October 29th. They issued an “overweight” rating and a $412.00 price target for the company. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $364.40.
View Our Latest Report on Curtiss-Wright
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.
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