Town & Country Bank & Trust CO dba First Bankers Trust CO Has $1.18 Million Stock Position in Curtiss-Wright Corporation $CW

Town & Country Bank & Trust CO dba First Bankers Trust CO lowered its holdings in shares of Curtiss-Wright Corporation (NYSE:CW) by 40.1% in the 1st quarter, Holdings Channel.com reports. The fund owned 1,737 shares of the aerospace company’s stock after selling 1,165 shares during the period. Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings in Curtiss-Wright were worth $1,183,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of CW. Cary Street Partners Investment Advisory LLC acquired a new stake in Curtiss-Wright in the fourth quarter valued at $31,000. Larson Financial Group LLC raised its position in Curtiss-Wright by 53.8% during the 3rd quarter. Larson Financial Group LLC now owns 60 shares of the aerospace company’s stock worth $33,000 after purchasing an additional 21 shares during the last quarter. Transamerica Financial Advisors LLC lifted its holdings in Curtiss-Wright by 25.9% during the 4th quarter. Transamerica Financial Advisors LLC now owns 73 shares of the aerospace company’s stock worth $40,000 after buying an additional 15 shares during the period. Caitong International Asset Management Co. Ltd acquired a new position in Curtiss-Wright during the 4th quarter worth about $42,000. Finally, Elyxium Wealth LLC bought a new stake in shares of Curtiss-Wright in the 4th quarter valued at about $43,000. Institutional investors and hedge funds own 82.71% of the company’s stock.

Curtiss-Wright Stock Performance

Shares of Curtiss-Wright stock opened at $780.87 on Monday. The business has a 50-day moving average price of $733.85 and a two-hundred day moving average price of $672.83. Curtiss-Wright Corporation has a 1-year low of $458.74 and a 1-year high of $800.00. The company has a current ratio of 1.52, a quick ratio of 1.05 and a debt-to-equity ratio of 0.29. The company has a market cap of $28.85 billion, a P/E ratio of 57.21, a PEG ratio of 3.58 and a beta of 0.85.

Curtiss-Wright (NYSE:CW) last announced its quarterly earnings data on Thursday, May 7th. The aerospace company reported $3.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.32 by $0.16. Curtiss-Wright had a return on equity of 20.00% and a net margin of 14.17%.The company had revenue of $913.69 million for the quarter, compared to the consensus estimate of $863.83 million. During the same period in the previous year, the business earned $2.82 EPS. The firm’s revenue was up 13.4% compared to the same quarter last year. As a group, analysts anticipate that Curtiss-Wright Corporation will post 15.15 EPS for the current year.

Curtiss-Wright Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 6th. Shareholders of record on Monday, June 15th will be issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Monday, June 15th. Curtiss-Wright’s payout ratio is presently 7.62%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on CW. Weiss Ratings restated a “buy (b)” rating on shares of Curtiss-Wright in a research report on Wednesday, May 13th. Citigroup upped their target price on Curtiss-Wright from $728.00 to $775.00 and gave the company a “neutral” rating in a report on Monday, May 18th. Robert W. Baird set a $870.00 target price on shares of Curtiss-Wright in a research report on Friday, May 8th. Finally, Stifel Nicolaus set a $724.00 price target on shares of Curtiss-Wright in a report on Friday, May 8th. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $746.67.

Insider Buying and Selling at Curtiss-Wright

In other Curtiss-Wright news, CEO Lynn M. Bamford sold 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $721.72, for a total value of $1,804,300.00. Following the transaction, the chief executive officer directly owned 48,134 shares of the company’s stock, valued at approximately $34,739,270.48. The trade was a 4.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Gary A. Ogilby sold 399 shares of the stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $721.95, for a total value of $288,058.05. Following the transaction, the vice president owned 2,172 shares in the company, valued at $1,568,075.40. The trade was a 15.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 3,119 shares of company stock valued at $2,257,998. 0.51% of the stock is currently owned by company insiders.

Curtiss-Wright Profile

Curtiss-Wright Corporation (NYSE: CW) is a diversified, global engineering company that designs, manufactures and services highly engineered products and integrated systems for the aerospace, defense, and industrial markets. Its offerings span a range of electromechanical, motion control and flow control technologies, including flight control and actuation systems, sensors and avionics components, pumps and valves, power conversion and heat exchangers, and platform integration solutions for marine and ground systems.