Crossmark Global Holdings Inc. Purchases 1,109 Shares of Curtiss-Wright Co. (NYSE:CW)

Crossmark Global Holdings Inc. raised its holdings in shares of Curtiss-Wright Co. (NYSE:CW) by 44.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,612 shares of the aerospace company’s stock after acquiring an additional 1,109 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Curtiss-Wright were worth $1,187,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. TimesSquare Capital Management LLC purchased a new position in Curtiss-Wright during the third quarter valued at $3,090,000. Atria Investments Inc grew its position in shares of Curtiss-Wright by 37.6% during the third quarter. Atria Investments Inc now owns 3,743 shares of the aerospace company’s stock valued at $1,230,000 after purchasing an additional 1,022 shares in the last quarter. Assetmark Inc. increased its holdings in shares of Curtiss-Wright by 9.8% in the third quarter. Assetmark Inc. now owns 5,829 shares of the aerospace company’s stock worth $1,916,000 after purchasing an additional 519 shares during the last quarter. Portside Wealth Group LLC lifted its position in shares of Curtiss-Wright by 142.9% in the third quarter. Portside Wealth Group LLC now owns 2,116 shares of the aerospace company’s stock worth $696,000 after buying an additional 1,245 shares in the last quarter. Finally, Radnor Capital Management LLC bought a new position in Curtiss-Wright during the third quarter valued at approximately $2,347,000. 82.71% of the stock is currently owned by hedge funds and other institutional investors.

Curtiss-Wright Trading Down 0.1 %

CW opened at $385.42 on Thursday. 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’s fifty day moving average is $340.29 and its two-hundred day moving average is $302.26. The company has a market capitalization of $14.63 billion, a P/E ratio of 36.46 and a beta of 1.17. Curtiss-Wright Co. has a 52 week low of $209.01 and a 52 week high of $393.40.

Curtiss-Wright Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 11th. Shareholders of record on Friday, September 27th were issued a $0.21 dividend. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.84 dividend on an annualized basis and a yield of 0.22%. Curtiss-Wright’s dividend payout ratio is presently 7.95%.

Insider Buying and Selling at Curtiss-Wright

In related news, VP John C. Watts sold 412 shares of the stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $359.55, for a total value of $148,134.60. Following the completion of the transaction, the vice president now directly 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 sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In related 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 transaction, the director now owns 1,382 shares in the company, valued at approximately $418,469.60. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP John C. Watts sold 412 shares of Curtiss-Wright stock in a transaction that occurred on Tuesday, November 5th. The shares were 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 approximately $1,503,997.65. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on CW shares. Stifel Nicolaus boosted their target price on shares of Curtiss-Wright from $318.00 to $361.00 and gave the stock a “buy” rating in a report on Wednesday, October 16th. Truist Financial raised their price objective on Curtiss-Wright from $304.00 to $333.00 and gave the company a “hold” rating in a research note on Friday, November 1st. Alembic Global Advisors began coverage on Curtiss-Wright in a report on Tuesday, October 29th. They issued an “overweight” rating and a $412.00 target price for the company. StockNews.com lowered Curtiss-Wright from a “strong-buy” rating to a “buy” rating in a report on Monday, September 23rd. Finally, Morgan Stanley raised their price target on Curtiss-Wright from $334.00 to $395.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 5th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, Curtiss-Wright presently has an average rating of “Moderate Buy” and a consensus price target of $362.60.

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.