5,762 Shares in Curtiss-Wright Corporation $CW Acquired by U.S. Capital Wealth Advisors LLC

U.S. Capital Wealth Advisors LLC bought a new stake in Curtiss-Wright Corporation (NYSE:CW) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 5,762 shares of the aerospace company’s stock, valued at approximately $3,128,000.

Other large investors have also modified their holdings of the company. Massachusetts Financial Services Co. MA purchased a new stake in Curtiss-Wright in the 2nd quarter valued at about $270,731,000. Norges Bank purchased a new position in Curtiss-Wright during the second quarter worth about $241,537,000. Munro Partners acquired a new stake in shares of Curtiss-Wright during the second quarter valued at about $78,000,000. AQR Capital Management LLC raised its stake in shares of Curtiss-Wright by 45.8% in the 2nd quarter. AQR Capital Management LLC now owns 388,493 shares of the aerospace company’s stock valued at $189,468,000 after acquiring an additional 122,048 shares during the period. Finally, TD Asset Management Inc lifted its holdings in shares of Curtiss-Wright by 14.4% in the 2nd quarter. TD Asset Management Inc now owns 789,378 shares of the aerospace company’s stock worth $385,651,000 after acquiring an additional 99,643 shares during the last quarter. Institutional investors and hedge funds own 82.71% of the company’s stock.

Curtiss-Wright Stock Up 2.2%

Shares of NYSE CW opened at $554.53 on Friday. The stock has a market cap of $20.45 billion, a P/E ratio of 45.19, a PEG ratio of 2.92 and a beta of 0.93. The business’s fifty day simple moving average is $559.20 and its 200-day simple moving average is $515.77. Curtiss-Wright Corporation has a 12-month low of $266.88 and a 12-month high of $612.28. The company has a current ratio of 1.75, a quick ratio of 1.17 and a debt-to-equity ratio of 0.38.

Curtiss-Wright (NYSE:CW) last released its earnings results on Thursday, November 6th. The aerospace company reported $3.40 EPS for the quarter, topping the consensus estimate of $3.28 by $0.12. The firm had revenue of $869.00 million during the quarter, compared to analysts’ expectations of $869.03 million. Curtiss-Wright had a return on equity of 18.82% and a net margin of 13.78%.Curtiss-Wright’s revenue for the quarter was up 8.8% on a year-over-year basis. During the same period in the previous year, the firm posted $2.89 EPS. As a group, equities analysts predict that Curtiss-Wright Corporation will post 12.32 EPS for the current fiscal year.

Curtiss-Wright Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 12th. Investors of record on Friday, November 28th were issued a $0.24 dividend. The ex-dividend date of this dividend was Friday, November 28th. This represents a $0.96 annualized dividend and a yield of 0.2%. Curtiss-Wright’s dividend payout ratio (DPR) is 7.82%.

Analyst Upgrades and Downgrades

CW has been the subject of several research reports. Morgan Stanley reiterated an “overweight” rating and issued a $660.00 target price on shares of Curtiss-Wright in a report on Tuesday. Truist Financial raised their price target on Curtiss-Wright from $525.00 to $537.00 and gave the stock a “hold” rating in a research report on Friday, November 7th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Curtiss-Wright in a research note on Monday, December 8th. Stifel Nicolaus cut their price objective on Curtiss-Wright from $587.00 to $584.00 and set a “hold” rating on the stock in a report on Tuesday, December 16th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $625.00 target price on shares of Curtiss-Wright in a report on Wednesday, October 8th. Four analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $585.50.

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.