Curtiss-Wright Co. (NYSE:CW) Shares Acquired by Stifel Financial Corp

Stifel Financial Corp raised its stake in shares of Curtiss-Wright Co. (NYSE:CW) by 0.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 56,708 shares of the aerospace company’s stock after purchasing an additional 82 shares during the period. Stifel Financial Corp owned 0.15% of Curtiss-Wright worth $18,639,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. GPS Wealth Strategies Group LLC acquired a new stake in Curtiss-Wright during the 2nd quarter worth approximately $30,000. Tsfg LLC grew its stake 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 during the period. UMB Bank n.a. increased its position in shares of Curtiss-Wright by 303.8% in the third quarter. UMB Bank n.a. now owns 105 shares of the aerospace company’s stock worth $35,000 after acquiring an additional 79 shares in the last quarter. Brooklyn Investment Group purchased a new position in shares of Curtiss-Wright in the 3rd quarter valued at $59,000. Finally, Quarry LP lifted its holdings in shares of Curtiss-Wright by 176.9% during the 2nd quarter. Quarry LP now owns 252 shares of the aerospace company’s stock valued at $68,000 after acquiring an additional 161 shares in the last quarter. Hedge funds and other institutional investors own 82.71% of the company’s stock.

Analyst Ratings Changes

CW has been the subject of several recent research reports. Morgan Stanley increased their price target on Curtiss-Wright from $334.00 to $395.00 and gave the company an “overweight” rating in a report on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft initiated coverage on Curtiss-Wright in a research note on Thursday, December 5th. They issued a “buy” rating and a $452.00 target price for the company. Truist Financial boosted their price target on Curtiss-Wright from $304.00 to $333.00 and gave the stock a “hold” rating in a research report on Friday, November 1st. Alembic Global Advisors assumed coverage on shares of Curtiss-Wright in a research note on Tuesday, October 29th. They set an “overweight” rating and a $412.00 price objective on the stock. Finally, StockNews.com downgraded shares of Curtiss-Wright from a “strong-buy” rating to a “buy” rating in a research note on Monday, September 23rd. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, Curtiss-Wright has an average rating of “Moderate Buy” and a consensus price target of $379.00.

Insider Activity

In other Curtiss-Wright news, VP John C. Watts sold 412 shares of the firm’s stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $359.55, for a total value of $148,134.60. Following the transaction, the vice president now owns 4,183 shares of the company’s stock, valued at $1,503,997.65. This trade represents a 8.97 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 0.55% of the company’s stock.

Curtiss-Wright Stock Performance

Shares of Curtiss-Wright stock opened at $366.59 on Tuesday. The firm has a market cap of $13.91 billion, a PE ratio of 34.68 and a beta of 1.18. Curtiss-Wright Co. has a 1 year low of $212.05 and a 1 year high of $393.40. The firm’s 50-day simple moving average is $359.92 and its 200-day simple moving average is $314.62. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.39 and a current ratio of 1.98.

Curtiss-Wright Dividend Announcement

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