Curi RMB Capital LLC Grows Holdings in Curtiss-Wright Co. (NYSE:CW)

Curi RMB Capital LLC lifted its stake in Curtiss-Wright Co. (NYSE:CW) by 0.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 109,405 shares of the aerospace company’s stock after acquiring an additional 83 shares during the quarter. Curtiss-Wright accounts for 0.8% of Curi RMB Capital LLC’s investment portfolio, making the stock its 29th largest position. Curi RMB Capital LLC’s holdings in Curtiss-Wright were worth $35,960,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently made changes to their positions in the stock. Signaturefd LLC lifted its position in shares of Curtiss-Wright by 7.8% during the third quarter. Signaturefd LLC now owns 401 shares of the aerospace company’s stock worth $132,000 after purchasing an additional 29 shares in the last quarter. CIBC Asset Management Inc increased its stake in Curtiss-Wright by 4.5% during the 2nd quarter. CIBC Asset Management Inc now owns 1,066 shares of the aerospace company’s stock worth $289,000 after buying an additional 46 shares during the period. Dorsey Wright & Associates lifted its holdings in Curtiss-Wright by 0.4% during the 2nd quarter. Dorsey Wright & Associates now owns 13,002 shares of the aerospace company’s stock worth $3,523,000 after buying an additional 47 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its position in Curtiss-Wright by 2.5% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 2,176 shares of the aerospace company’s stock valued at $557,000 after buying an additional 53 shares during the period. Finally, Tsfg LLC grew its stake in shares of Curtiss-Wright by 191.4% in the third quarter. Tsfg LLC now owns 102 shares of the aerospace company’s stock worth $34,000 after acquiring an additional 67 shares in the last quarter. Hedge funds and other institutional investors own 82.71% of the company’s stock.

Insider Activity at Curtiss-Wright

In related news, Director Glenda J. Minor sold 500 shares of the company’s stock in a transaction dated Friday, August 16th. The stock was sold at an average price of $302.80, for a total value of $151,400.00. Following the completion of the sale, the director now directly owns 1,382 shares of the company’s stock, valued at $418,469.60. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other Curtiss-Wright news, Director Glenda J. Minor sold 500 shares of Curtiss-Wright stock in a transaction on Friday, August 16th. The shares were sold at an average price of $302.80, for a total value of $151,400.00. Following the transaction, the director now directly owns 1,382 shares in the company, valued at approximately $418,469.60. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP John C. Watts sold 412 shares of the stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $359.55, for a total transaction of $148,134.60. Following the sale, the vice president now owns 4,183 shares of the company’s stock, valued at $1,503,997.65. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 0.67% of the stock is owned by corporate insiders.

Curtiss-Wright Stock Performance

Shares of Curtiss-Wright stock opened at $385.42 on Thursday. The firm has a market capitalization of $14.63 billion, a P/E ratio of 36.46 and a beta of 1.17. The company has a quick ratio of 1.39, a current ratio of 1.98 and a debt-to-equity ratio of 0.39. Curtiss-Wright Co. has a 52 week low of $209.01 and a 52 week high of $393.40. The firm’s 50 day moving average is $340.29 and its two-hundred day moving average is $302.26.

Curtiss-Wright Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 11th. Investors of record on Friday, September 27th were paid a dividend of $0.21 per share. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.84 annualized dividend and a yield of 0.22%. Curtiss-Wright’s dividend payout ratio is currently 7.95%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on CW shares. StockNews.com cut Curtiss-Wright from a “strong-buy” rating to a “buy” rating in a research note on Monday, September 23rd. Morgan Stanley raised their target price on shares of Curtiss-Wright from $334.00 to $395.00 and gave the company an “overweight” rating in a report on Tuesday, November 5th. Stifel Nicolaus increased their price objective on shares of Curtiss-Wright from $318.00 to $361.00 and gave the company a “buy” rating in a research report on Wednesday, October 16th. Robert W. Baird lifted their price objective on shares of Curtiss-Wright from $300.00 to $312.00 and gave the stock an “outperform” rating in a research report on Friday, August 9th. Finally, Alembic Global Advisors initiated coverage on shares of Curtiss-Wright in a research note on Tuesday, October 29th. They set an “overweight” rating and a $412.00 target price for the company. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, Curtiss-Wright presently has an average rating of “Moderate Buy” and a consensus target price of $362.60.

About Curtiss-Wright

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.