Curtiss-Wright Co. (NYSE:CW) Holdings Increased by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC lifted its stake in Curtiss-Wright Co. (NYSE:CW) by 6.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,806 shares of the aerospace company’s stock after acquiring an additional 214 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Curtiss-Wright were worth $1,031,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Versant Capital Management Inc lifted its position in Curtiss-Wright by 5,050.0% in the second quarter. Versant Capital Management Inc now owns 103 shares of the aerospace company’s stock worth $28,000 after purchasing an additional 101 shares during the period. GPS Wealth Strategies Group LLC acquired a new stake in shares of Curtiss-Wright in the second quarter valued at $30,000. EverSource Wealth Advisors LLC boosted its stake 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 valued at $31,000 after buying an additional 116 shares in the last quarter. Creekmur Asset Management LLC acquired a new position in Curtiss-Wright during the fourth quarter worth about $32,000. Finally, Daiwa Securities Group Inc. bought a new stake in Curtiss-Wright in the second quarter worth about $73,000. 82.71% of the stock is currently owned by institutional investors.

Curtiss-Wright Stock Performance

Shares of CW opened at $332.17 on Tuesday. The company has a 50-day moving average of $297.38 and a two-hundred day moving average of $276.30. The stock has a market cap of $12.72 billion, a price-to-earnings ratio of 34.21 and a beta of 1.18. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.05 and a quick ratio of 1.42. Curtiss-Wright Co. has a one year low of $190.64 and a one year high of $333.73.

Curtiss-Wright (NYSE:CW) last posted its quarterly earnings data on Wednesday, August 7th. The aerospace company reported $2.67 EPS for the quarter, topping analysts’ consensus estimates of $2.24 by $0.43. The firm had revenue of $785.00 million during the quarter, compared to analyst estimates of $735.82 million. Curtiss-Wright had a net margin of 13.05% and a return on equity of 17.07%. The company’s revenue was up 11.4% on a year-over-year basis. During the same quarter last year, the business posted $2.15 EPS. On average, equities research analysts expect that Curtiss-Wright Co. will post 10.55 earnings per share for the current year.

Curtiss-Wright Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 11th. Shareholders of record on Friday, September 27th will be given a dividend of $0.21 per share. The ex-dividend date of this dividend is Friday, September 27th. This represents a $0.84 dividend on an annualized basis and a yield of 0.25%. Curtiss-Wright’s payout ratio is presently 8.65%.

Insider Buying and Selling at Curtiss-Wright

In other news, Director Glenda J. Minor sold 500 shares of the stock in a transaction that occurred 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 completion of the sale, the director now directly owns 1,382 shares of the company’s stock, valued at $418,469.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have acquired a total of 120 shares of company stock valued at $27,914 in the last 90 days. 0.67% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on CW shares. StockNews.com lowered shares of Curtiss-Wright from a “strong-buy” rating to a “buy” rating in a research report on Monday. Robert W. Baird lifted their price target 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, Stifel Nicolaus increased their price objective on Curtiss-Wright from $310.00 to $318.00 and gave the company a “buy” rating in a research report on Thursday, July 18th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, Curtiss-Wright currently has an average rating of “Moderate Buy” and an average target price of $307.50.

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.