Curtiss-Wright Co. (NYSE:CW) Shares Bought by Bokf Na

Bokf Na lifted its position in shares of Curtiss-Wright Co. (NYSE:CW) by 250,000.0% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 5,002 shares of the aerospace company’s stock after buying an additional 5,000 shares during the quarter. Bokf Na’s holdings in Curtiss-Wright were worth $1,355,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Versant Capital Management Inc grew its holdings in Curtiss-Wright by 5,050.0% in the 2nd quarter. Versant Capital Management Inc now owns 103 shares of the aerospace company’s stock valued at $28,000 after buying an additional 101 shares during the period. GPS Wealth Strategies Group LLC purchased a new stake in Curtiss-Wright in the second quarter valued at approximately $30,000. EverSource Wealth Advisors LLC increased its position in Curtiss-Wright by 1,933.3% during the first quarter. EverSource Wealth Advisors LLC now owns 122 shares of the aerospace company’s stock worth $31,000 after purchasing an additional 116 shares during the last quarter. Creekmur Asset Management LLC purchased a new position in Curtiss-Wright during the fourth quarter worth approximately $32,000. Finally, Sachetta LLC acquired a new position in shares of Curtiss-Wright in the 4th quarter valued at $45,000. Institutional investors and hedge funds own 82.71% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. Stifel Nicolaus increased their target price on Curtiss-Wright from $310.00 to $318.00 and gave the stock a “buy” rating in a research report on Thursday, July 18th. Truist Financial boosted their target price on Curtiss-Wright from $252.00 to $270.00 and gave the stock a “hold” rating in a report on Wednesday, May 22nd. Morgan Stanley raised their price target on shares of Curtiss-Wright from $284.00 to $330.00 and gave the company an “overweight” rating in a report on Thursday, May 23rd. Robert W. Baird boosted their price objective on shares of Curtiss-Wright from $300.00 to $312.00 and gave the stock an “outperform” rating in a research note on Friday, August 9th. Finally, StockNews.com raised shares of Curtiss-Wright from a “buy” rating to a “strong-buy” rating in a research note on Thursday. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $307.50.

Insiders Place Their Bets

In other news, Director Glenda J. Minor sold 500 shares of the firm’s stock in a transaction that occurred on Friday, August 16th. The shares were sold at an average price of $302.80, for a total transaction of $151,400.00. Following the completion of the sale, the director now owns 1,382 shares of the company’s stock, valued at $418,469.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders have acquired 120 shares of company stock worth $27,914 in the last three months. 0.67% of the stock is owned by insiders.

Curtiss-Wright Stock Up 2.0 %

NYSE CW opened at $309.95 on Friday. The stock has a market cap of $11.87 billion, a PE ratio of 31.92 and a beta of 1.18. The business has a 50 day moving average price of $292.30 and a two-hundred day moving average price of $272.64. Curtiss-Wright Co. has a fifty-two week low of $190.64 and a fifty-two week high of $318.20. The company has a quick ratio of 1.42, a current ratio of 2.05 and a debt-to-equity ratio of 0.39.

Curtiss-Wright (NYSE:CW) last released its quarterly earnings results on Wednesday, August 7th. The aerospace company reported $2.67 earnings per share for the quarter, beating analysts’ consensus estimates of $2.24 by $0.43. Curtiss-Wright had a net margin of 13.05% and a return on equity of 17.07%. The business had revenue of $785.00 million during the quarter, compared to analyst estimates of $735.82 million. During the same period last year, the business earned $2.15 EPS. The business’s revenue was up 11.4% on a year-over-year basis. As a group, sell-side analysts predict that Curtiss-Wright Co. will post 10.55 EPS for the current fiscal year.

Curtiss-Wright Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 11th. Investors of record on Friday, September 27th will be issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 0.27%. The ex-dividend date is Friday, September 27th. Curtiss-Wright’s dividend payout ratio is currently 8.65%.

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.