Integrated Investment Consultants LLC Acquires Shares of 1,152 Curtiss-Wright Co. (NYSE:CW)

Integrated Investment Consultants LLC bought a new position in Curtiss-Wright Co. (NYSE:CW) during the 3rd quarter, HoldingsChannel reports. The fund bought 1,152 shares of the aerospace company’s stock, valued at approximately $379,000.

Other hedge funds have also made changes to their positions in the company. International Assets Investment Management LLC raised its position in Curtiss-Wright by 32,425.8% in the 3rd quarter. International Assets Investment Management LLC now owns 404,946 shares of the aerospace company’s stock valued at $133,102,000 after purchasing an additional 403,701 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. lifted its position in Curtiss-Wright by 30,079.2% during the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 302,396 shares of the aerospace company’s stock worth $81,943,000 after buying an additional 301,394 shares in the last quarter. Congress Asset Management Co. grew its holdings in Curtiss-Wright by 136.8% during the 3rd quarter. Congress Asset Management Co. now owns 459,074 shares of the aerospace company’s stock worth $150,893,000 after acquiring an additional 265,205 shares during the last quarter. Assenagon Asset Management S.A. acquired a new stake in Curtiss-Wright in the 2nd quarter valued at about $41,383,000. Finally, Van ECK Associates Corp raised its stake in shares of Curtiss-Wright by 79.2% in the second quarter. Van ECK Associates Corp now owns 196,760 shares of the aerospace company’s stock worth $53,318,000 after acquiring an additional 86,955 shares during the last quarter. Institutional investors and hedge funds own 82.71% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on CW shares. Robert W. Baird raised their price target on shares of Curtiss-Wright from $300.00 to $312.00 and gave the company an “outperform” rating in a report on Friday, August 9th. Stifel Nicolaus downgraded 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. Alembic Global Advisors started coverage on Curtiss-Wright in a report on Tuesday, October 29th. They issued an “overweight” rating and a $412.00 price target on the stock. Truist Financial boosted their price objective on Curtiss-Wright from $304.00 to $333.00 and gave the stock a “hold” rating in a report on Friday, November 1st. Finally, StockNews.com lowered 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 four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $364.40.

Curtiss-Wright Stock Up 0.9 %

Shares of Curtiss-Wright stock opened at $370.76 on Friday. Curtiss-Wright Co. has a 12 month low of $209.01 and a 12 month high of $393.40. The business has a fifty day simple moving average of $348.89 and a 200 day simple moving average of $306.83. The company has a quick ratio of 1.39, a current ratio of 1.98 and a debt-to-equity ratio of 0.39. The stock has a market cap of $14.07 billion, a PE ratio of 35.08 and a beta of 1.17.

Curtiss-Wright Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 3rd. Investors of record on Friday, November 22nd will be given a $0.21 dividend. The ex-dividend date is Friday, November 22nd. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.23%. Curtiss-Wright’s dividend payout ratio is 7.95%.

Insider Buying and Selling

In other Curtiss-Wright news, VP John C. Watts sold 412 shares of Curtiss-Wright 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 transaction, the vice president now directly owns 4,183 shares in the company, valued at approximately $1,503,997.65. The trade was a 8.97 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.67% of the stock is owned by insiders.

Curtiss-Wright Company 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.